Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 144

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 144
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30, 

    2024  
    2023 (Restated) 

    Amount (in thousands)  
    % of Revenues  
    Amount (in thousands)  
    % of Revenues 
  
    SALES 

    Sales 
    $19,730  
     97.9% 
    $18,951  
     96.3%
  
    Sales – related parties 
     414  
     2.1% 
     723  
     3.7%
  
    Total sales 
     20,144  
     100.0% 
     19,674  
     100.0%

    COST OF SALES: 

    Cost of sales 
     13,873  
     68.9% 
     12,719  
     64.6%
  
    Cost of sales - related parties 
     319  
     1.6% 
     556  
     2.8%
  
    Total cost of sales 
     14,192  
     70.5% 
     13,275  
     67.5%

    GROSS PROFIT 
     5,952  
     29.5% 
     6,399  
     32.5%

    OPERATING EXPENSES: 

    General and administrative expenses 
     8,136  
     40.4% 
     5,732  
     29.1%
  
    Total operating expenses 
     8,136  
     40.4% 
     5,732  
     29.1%

    (LOSS) INCOME FROM OPERATIONS 
     (2,184) 
     (10.8)% 
     667  
     3.4%

    OTHER INCOME: 

    Other (expense) income 
     (22) 
     (0.1)% 
     202  
     1.0%
  
    Interest income 
     64  
     0.3% 
     183  
     0.9%
  
    Realized gain on investments 
     103  
     0.5% 
     77  
     0.4%
  
    Total other income 
     145