For the quarter ending 2025-09-30, SWAG has $50,262K in assets. $20,066K in debts. $6,697K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 6,697 | 13,070 | ||
| Investments | 5,058 | 4,997 | ||
| Accounts receivable, net | 16,626 | 22,063 | ||
| Accounts receivable - related parties, net-Related Party | 402 | 402 | ||
| Inventory | 7,740 | 6,736 | ||
| Prepaid corporate taxes | 63 | 0 | ||
| Prepaid expenses | 2,163 | 2,391 | ||
| Deposits | 580 | 467 | ||
| Other current assets | 2 | 4 | ||
| Total current assets | 39,331 | 50,130 | ||
| Property and equipment, gross | 4,203 | - | ||
| Accumulated depreciation | 2,251 | - | ||
| Property and equipment, net | 1,952 | 1,618 | ||
| Intangible assets - customer lists, net | 3,812 | 3,934 | ||
| Intangible assets - trade name | 654 | 654 | ||
| Other assets | - | 222 | ||
| Goodwill | 2,321 | 2,321 | ||
| Right of use assets | 2,192 | 2,336 | ||
| Total other assets | 8,979 | 9,467 | ||
| Total assets | 50,262 | 61,215 | ||
| Accounts payable and accrued expenses | 7,462 | 9,513 | ||
| Accrued payroll and related | 1,605 | 2,044 | ||
| Corporate taxes payable | - | 9 | ||
| Unearned revenue | 4,159 | 4,817 | ||
| Rewards program liability | 2,951 | 9,000 | ||
| Sales tax payable | 251 | 315 | ||
| Current portion of contingent earn-out liabilities | 105 | 105 | ||
| Current portion of installment payment liabilities | 170 | 158 | ||
| Current portion of lease liabilities | 615 | 661 | ||
| Total current liabilities | 17,318 | 26,622 | ||
| Long-term contingent earn-out liabilities | 455 | 455 | ||
| Long-term installment payment liabilities | 400 | 425 | ||
| Long-term lease liabilities | 1,861 | 1,880 | ||
| Other liabilities | 32 | - | ||
| Total long-term liabilities | 2,748 | 2,760 | ||
| Total liabilities | 20,066 | 29,382 | ||
| Common stock, 0.0001 par value 300,000,000 shares authorized, 18,288,158 and 18,598,574 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 2 | 2 | ||
| Additional paid-in capital | 37,902 | 38,285 | ||
| Accumulated deficit | -7,732 | -6,492 | ||
| Accumulated other comprehensive income (loss) | 24 | 38 | ||
| Total stockholders equity | 30,196 | 31,833 | ||
| Total liabilities and stockholders equity | 50,262 | 61,215 | ||
Stran & Company, Inc. (SWAG)
Stran & Company, Inc. (SWAG)