Stran & Company, Inc.SWAG
| Dec 31,
2021 | Dec 31,
2022 |
|---|
| NET EARNINGS (LOSS) | 235,240 | -778,441 |
|---|
| Deferred Income Taxes (Credit) | -113,000 | -728,000 |
|---|
| Depreciation and Amortization | 446,713 | 725,398 |
|---|
| Gain on Extinguishment of Debt | 770,062 | - |
|---|
| Intangible Asset Impairment | 63,204 | 155,947 |
|---|
| Reduction in Contingent Earn-Out Liability | 611,757 | -230,328 |
|---|
| Stock-Based Compensation | 153,205 | 331,417 |
|---|
| Unrealized Gain (Loss) on Short-Term Investments | - | -179,120 |
|---|
| Accounts Receivable | 3 | 5 |
|---|
| Inventory | 3 | 2 |
|---|
| Prepaid Expenses | - | 87,473 |
|---|
| Deposits | - | -287,084 |
|---|
| Accounts Payable and Accrued Expenses | - | -931,839 |
|---|
| Accrued Payroll and Related | - | -228,326 |
|---|
| Corporate Income Taxes Payable | -231,980 | - |
|---|
| Unearned Revenue | 157,381 | -113,019 |
|---|
| Rewards Program Liability | - | 6 |
|---|
| Sales Tax Payable | 33,814 | 258,479 |
|---|
| Net cash provided by operating activities | -5,833,887 | -2,414,001 |
|---|
| Additions to Intangible Assets - Customer Lists | - | 1 |
|---|
| Additions to Property and Equipment | 388,948 | 626,345 |
|---|
| Purchase of Short-Term Investments | - | 10 |
|---|
| Net cash provided by in investing activities | - | -11,646,944 |
|---|
| Long-Term Debt | 149,900 | - |
|---|
| Contingent Earn-Out Liabilities | - | 668,731 |
|---|
| Change in Due To/From Stockholder | -6,748 | - |
|---|
| Proceeds from IPO Stock Issuance, Net | 18 | - |
|---|
| Proceeds from PIPE Stock Issuance, Net | 20 | - |
|---|
| Net Working Deficit Received in Asset Acquisition | - | 218,193 |
|---|
| Repurchase of Stock - Common | - | 3 |
|---|
| Proceeds from Warrants Exercised | 2 | 1 |
|---|
| Net cash provided by financing activities | 38 | -2,911,967 |
|---|
| NET INCREASE (DECREASE) IN CASH | 32 | -16,972,912 |
|---|
| Interest | 136,661 | - |
|---|
| Income Taxes | 360,906 | 85,163 |
|---|
| Cost of Property and Equipment | - | 640,789 |
|---|
| Equipment Acquired in Asset Acquisition | - | -14,444 |
|---|
| Cash Used for Purchase of Property and Equipment | - | 626,345 |
|---|
| Non-Cash G.A.P. Promotions LLC Asset Acquisition | - | 2 |
|---|
| Non-Cash Trend Inc. Asset Acquisition | - | 1 |
|---|
| Non-Cash Premier Asset Acquisition | - | 932,600 |
|---|
| Total Noncash Investing and Financing Transactions | - | 4 |
|---|