Form 8-K

8-K — Stran & Company, Inc.

Accession: 0001213900-26-055117

Filed: 2026-05-12

Period: 2026-05-12

CIK: 0001872525

SIC: 7311 (SERVICES-ADVERTISING AGENCIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ea0290317-8k_stran.htm (Primary)

EX-99.1 — PRESS RELEASE DATED MAY 12, 2026 (ea029031701ex99-1.htm)

GRAPHIC (ea029031701_ex99-1img1.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0290317-8k_stran.htm · Sequence: 1

false

0001872525

2026-05-12

0001872525

SWAG:CommonStockParValue0.0001PerShareMember

2026-05-12

0001872525

SWAG:WarrantsEachWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf4.81375Member

2026-05-12

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

May 12, 2026

STRAN & COMPANY, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-41038

04-3297200

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

500 Victory Road, Suite 301, Quincy, MA

02171

(Address of principal executive offices)

(Zip Code)

800-833-3309

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

SWAG

The Nasdaq Stock Market LLC

Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.81375

SWAGW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging Growth Company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of

Operations and Financial Condition.

On May 12, 2026, Stran & Company, Inc.

(the “Company”) issued a press release announcing its financial results for the fiscal quarter ended March 31, 2026 and providing

a business update. The press release also announced that the Company will hold a conference call at 10:00 a.m. Eastern Time on May 13,

2026 to discuss the Company’s financial results for the fiscal quarter ended March 31, 2026, the Company’s corporate progress

and other developments. A copy of the press release is furnished as Exhibit 99.1 to this report.

The information furnished

pursuant to this Item 2.02 (including Exhibit 99.1 hereto), shall not be deemed “filed” for purposes of Section 18 of the

Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section,

nor shall it be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933,

as amended (the “Securities Act”), except as expressly set forth by specific reference in such a filing.

Forward-Looking Statements

The press release attached

as Exhibit 99.1 hereto contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section

21E of the Exchange Act. All statements, other than statements of historical fact, contained in the press release are forward-looking

statements. Forward-looking statements contained in the press release may be identified by the use of words such as “anticipate,”

“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”

“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”

“target,” “aim,” “should,” “will” “would,” or the negative of these words or

other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in the press release

include, but are not limited to, the Company’s expectations that 2026 will be a year of sustained, profitable growth; the Company’s

belief that the operating leverage demonstrated in the first quarter of 2026 will continue as a growing revenue base is absorbed within

its fixed cost structure; expectations regarding enterprise clients engaging more deeply across the Company’s full platform of promotional

products, loyalty and incentive programs, e-commerce solutions, and fulfillment services; expectations regarding higher client retention

and more durable revenue; the Company’s expectations regarding synergies from its acquired businesses, including the integration

and performance of the former Gander Group business within the Company’s Stran Loyalty Solutions, LLC segment; the Company’s

confidence in its strategy and outlook for the balance of 2026; and expectations regarding the Company’s financial position, operating

performance, market opportunity, and demand for its products and services. These forward-looking statements are based on the Company’s

current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance

that future developments affecting the Company will be those that the Company has anticipated. These forward-looking statements involve

a number of risks, uncertainties (some of which are beyond the Company’s control) and other assumptions that may cause actual results

or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties

include, but are not limited to: the Company’s ability to maintain and grow its revenue and client base; the Company’s ability

to achieve or sustain profitability; risks related to the integration and expected synergies from acquired businesses, including the former

Gander Group business; the Company’s ability to retain key clients and secure new client engagements; the Company’s dependence

on a limited number of significant clients; changes in demand for promotional products, branded merchandise, and loyalty incentive programs;

the Company’s ability to manage its growth effectively; the impact of general economic conditions, including inflation, supply chain

disruptions, and changes in consumer and corporate spending; increased competition in the promotional products industry; the Company’s

ability to attract and retain qualified personnel; the Company’s ability to maintain and enhance its technology platform and e-commerce

solutions; risks associated with goodwill and intangible asset impairment; fluctuations in the Company’s quarterly and annual results

of operations; cybersecurity risks and the protection of confidential information; and risks related to the Company’s common stock

and its listing on the Nasdaq Capital Market. These and other risks and uncertainties are described more fully in the section titled “Risk

Factors” in the Company’s Annual Report on Form 10-K and in the Company’s other periodic reports filed with the Securities

and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company’s assumptions

prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. The Company cautions

investors not to place undue reliance on any forward-looking statements contained in the press release. Forward-looking statements speak

only as of the date they are made. The Company undertakes no obligation to update or revise any forward-looking statements, whether as

a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description of Exhibit

99.1

Press Release dated May 12, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Date: May 12, 2026

STRAN & COMPANY, INC.

/s/ Andrew Shape

Name:

Andrew Shape

Title:

President and Chief Executive Officer

EX-99.1 — PRESS RELEASE DATED MAY 12, 2026

EX-99.1

Filename: ea029031701ex99-1.htm · Sequence: 2

Exhibit 99.1

Stran & Company Reports $31.2 Million in

Revenue and Achieves EBITDA of $1.0 Million for the First Quarter of 2026

Conference Call to be Held Wednesday, May 13,

2026 at 10:00 a.m. Eastern Time

Quincy, MA / May 12, 2026 / Stran & Company,

Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider

that leverages its promotional products and loyalty incentive expertise, today announced its financial results for the first quarter of

2026 ended March 31, 2026, and provided a business update. Management will host a conference call at 10:00 a.m. Eastern Time on Wednesday,

May 13, 2026.

First Quarter Financial Highlights

● Sales: $31.2 million, an increase of 8.9%

year-over-year

● Gross Profit: $9.6 million, an increase

of 13.7% year-over-year

● Gross Margin: 30.9%, compared to 29.6%

for Q1 2025

● Net Income: $0.7 million, compared to

net loss of ($0.4) million for Q1 2025

● EBITDA: $1.0 million, compared to $(0.2)

million for Q1 2025, an improvement of $1.2 million

● Cash, Cash Equivalents, and Investments:

$12.8 million as of March 31, 2026

“This quarter marks a meaningful inflection

point for Stran,” said Andy Shape, Chief Executive Officer of Stran. “We delivered $31.2 million in revenue, up 8.9% year-over-year,

alongside a gross margin of 30.9% — more than 100 basis points above the prior year period — and EBITDA of $1.0 million compared

to EBITDA of $(0.2) million for Q1 2025. What gives us particular confidence is that this profitability was driven by both segments of

our business. Our core Stran segment grew revenue nearly 12% while our SLS segment, which represents the integrated former Gander Group

business, achieved a dramatic improvement in operating profitability, swinging from a loss from operations of $0.5 million in Q1 2025

to income from operations of $0.5 million this quarter. We believe Q1 2026 represents a turning point, and we are genuinely optimistic

about the balance of the year.”

“The performance of our SLS segment this

quarter deserves particular recognition. SLS’s gross margin expanded to 28.7% from 21.8% in Q1 2025 — a nearly 700 basis point

improvement — driven by a more favorable customer mix and disciplined cost management. Combined with strong revenue momentum in

our core Stran segment, where sales grew 11.9% to $23.4 million, total company gross profit increased 13.7% to $9.6 million, outpacing

revenue growth and demonstrating the operating leverage we are building. We also continued to expand our client portfolio during the quarter,

including a three-year contract extension with one of the world’s premier nonprofit running organizations, a new multimillion-dollar

agreement with a leading gaming company, and the addition of two Global 100 law firms. These wins reflect the breadth of our capabilities

and the increasing demand for Stran’s integrated marketing and branded merchandise solutions across a diverse range of industries.”

“Looking ahead, we believe 2026 is shaping

up to be a year of sustained, profitable growth for Stran. We are seeing our enterprise clients engage with us more deeply than ever —

not just for individual products or one-off campaigns, but across our full platform of promotional products, loyalty and incentive programs,

e-commerce solutions, and fulfillment services. As clients adopt more of our capabilities, we become more embedded in their operations,

which drives higher retention and more durable revenue. We also expect the operating leverage we demonstrated in Q1 to continue, as a

growing revenue base is absorbed within our fixed cost structure. Backed by a strong balance sheet with $12.8 million in cash, cash equivalents,

and investments as of March 31, 2026, and with both the Stran and SLS segments contributing meaningfully to profitability, we are confident

in our strategy and excited about what lies ahead for the rest of 2026.”

Financial Results for the First Quarter Ended

March 31, 2026

● Total

sales increased 8.9% to $31.2 million for the three months ended March 31, 2026, from $28.7 million for the three months ended March

31, 2025. Sales by our Stran segment (which consists of the Company’s legacy business) increased 11.9% to $23.4 million for the

three months ended March 31, 2026 from $20.9 million for the three months ended March 31, 2025. Sales by the Company’s Stran Loyalty

Solutions, LLC (“SLS”) segment (which consists of the former Gander Group business) remained approximately flat at $7.8 million

for the three months ended March 31, 2026 compared to $7.8 million for the three months ended March 31, 2025.

● Gross profit increased $1.1 million, or 13.7%, to $9.6 million for the three

months ended March 31, 2026 compared to the prior year period. Gross profit margin increased to 30.9% for the three months ended March

31, 2026 from 29.6% in the prior year period. Gross profit for the Stran segment increased to $7.4 million, with a gross margin of 31.6%,

while gross profit for the SLS segment increased to $2.2 million, with a gross margin of 28.7%.

● Total operating expenses decreased 0.2% to $9.0

million for the three months ended March 31, 2026, from $9.0 million for the three months ended March 31, 2025. As a percentage of sales,

total operating expenses decreased to 28.8% for the three months ended March 31, 2026, from 31.4% for the three months ended March 31,

2025.

● Net income was $0.7 million for the three months

ended March 31, 2026, compared to a net loss of $0.4 million for the three months ended March 31, 2025.

● EBITDA was $1.0 million for the three months

ended March 31, 2026, compared to $(0.2) million in the prior year period, an improvement of $1.2 million year-over-year.

Conference Call

Management will host a conference call at 10:00

A.M. Eastern Time on Wednesday, May 13, 2026, to discuss the Company’s financial results for the first quarter of 2026 ended March

31, 2026, as well as the Company’s corporate progress and other developments.

The conference call will be available via telephone

by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and using entry code: 643227. A webcast

of the call may be accessed at https://www.webcaster5.com/Webcast/Page/2855/53974 or on the Investor Relations section of the Company’s

website: ir.stran.com/news-events/ir-calendar.

A webcast replay will be available on the Investor

Relations section of the Company’s website (ir.stran.com/news-events/ir-calendar) through May 13, 2027. A telephone replay of the

call will be available approximately one hour following the call, through May 27, 2026, and can be accessed by dialing 877-481-4010 for

U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 53974.

About Stran

For over 30 years, Stran has grown to become a

leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products,

branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional

programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive,

sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge

technology, including efficient ordering and logistics technology to provide order processing, warehousing and fulfillment functions.

The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers

and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com.

Forward Looking Statements

This press release

contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section

21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of historical

fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be

identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,”

“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”

“potential,” “predict,” “project,” “target,” “aim,” “should,”

“will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements

contain these words. Forward-looking statements in this press release include, but are not limited to, the Company’s expectations

that 2026 will be a year of sustained, profitable growth; the Company’s belief that the operating leverage demonstrated in the first

quarter of 2026 will continue as a growing revenue base is absorbed within its fixed cost structure; expectations regarding enterprise

clients engaging more deeply across the Company’s full platform of promotional products, loyalty and incentive programs, e-commerce

solutions, and fulfillment services; expectations regarding higher client retention and more durable revenue; the Company’s expectations

regarding synergies from its acquired businesses, including the integration and performance of the former Gander Group business within

its SLS segment; the Company’s confidence in its strategy and outlook for the balance of 2026; and expectations regarding the Company’s

financial position, operating performance, market opportunity, and demand for its products and services. These forward-looking statements

are based on the Company’s current expectations and beliefs concerning future developments and their potential effects on the Company.

There can be no assurance that future developments affecting the Company will be those that the Company has anticipated. These forward-looking

statements involve a number of risks, uncertainties (some of which are beyond the Company’s control) and other assumptions that

may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

These risks and uncertainties include, but are not limited to: the Company’s ability to maintain and grow its revenue and client

base; the Company’s ability to achieve or sustain profitability; risks related to the integration and expected synergies from acquired

businesses, including the former Gander Group business; the Company’s ability to retain key clients and secure new client engagements;

the Company’s dependence on a limited number of significant clients; changes in demand for promotional products, branded merchandise,

and loyalty incentive programs; the Company’s ability to manage its growth effectively; the impact of general economic conditions,

including inflation, supply chain disruptions, and changes in consumer and corporate spending; increased competition in the promotional

products industry; the Company’s ability to attract and retain qualified personnel; the Company’s ability to maintain and

enhance its technology platform and e-commerce solutions; risks associated with goodwill and intangible asset impairment; fluctuations

in the Company’s quarterly and annual results of operations; cybersecurity risks and the protection of confidential information;

and risks related to the Company’s common stock and its listing on the Nasdaq Capital Market. These and other risks and uncertainties

are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K and in the

Company’s other periodic reports filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties

materialize, or should any of the Company’s assumptions prove incorrect, actual results may vary in material respects from those

projected in these forward-looking statements. The Company cautions investors not to place undue reliance on any forward-looking statements

contained in this press release. Forward-looking statements speak only as of the date they are made. The Company undertakes no obligation

to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may

be required under applicable securities laws.

Contacts:

Investor Relations Contact:

Crescendo Communications, LLC

Tel: (212) 671-1021

SWAG@crescendo-ir.com

Press Contact:

Howie Turkenkopf

press@stran.com

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share amounts)

March 31,

2026

December 31,

2025

(unaudited)

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$ 7,648

$ 6,753

Investments

5,115

4,872

Accounts receivable, net

17,444

17,252

Inventory

8,553

7,621

Prepaid expenses

3,359

1,778

Deposits

813

363

Other current assets

—

Total current assets

42,932

38,641

Property and equipment, net

1,775

1,944

OTHER ASSETS:

Intangible assets - customer lists, net

3,568

3,690

Intangible assets - trade name

654

Goodwill

2,321

Other assets

—

Right of use assets

1,907

2,045

Total other assets

8,450

8,763

Total assets

$ 53,157

$ 49,348

LIABILITIES AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:

Accounts payable and accrued expenses

$ 9,992

$ 8,568

Accrued payroll and related

1,587

1,970

Unearned revenue

5,520

3,201

Rewards program liability

923

1,500

Sales tax payable

550

327

Corporate taxes payable

—

Current portion of contingent earn-out liabilities

105

Current portion of installment payment liabilities

210

230

Current portion of lease liabilities

597

602

Total current liabilities

19,555

16,503

LONG-TERM LIABILITIES:

Long-term contingent earn-out liabilities

455

Long-term installment payment liabilities

145

147

Long-term lease liabilities

1,555

1,695

Loan - vehicle

Total long-term liabilities

2,200

2,344

Total liabilities

21,755

18,847

Commitments and contingencies

STOCKHOLDERS’ EQUITY:

Preferred stock, $0.0001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively

—

Common stock, $0.0001 par value; 300,000,000 shares authorized, 18,770,157 and 18,508,157 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively

Additional paid-in capital

38,084

37,925

Accumulated deficit

(6,745 )

(7,489 )

Accumulated other comprehensive income

Total stockholders’ equity

31,402

30,501

Total liabilities and stockholders’ equity

$ 53,157

$ 49,348

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(in thousands, except share and per share amounts)

(unaudited)

For the Three Months Ended

March 31,

2026

2025

Sales

$ 31,249

$ 28,694

Cost of sales

21,606

20,212

GROSS PROFIT

9,643

8,482

OPERATING EXPENSES:

General and administrative expenses

8,998

9,017

Total operating expenses

8,998

9,017

INCOME (LOSS) FROM OPERATIONS

645

(535 )

OTHER INCOME:

Other income (expense)

(5 )

Interest income

Realized gain on investments

—

Total other income

145

104

INCOME (LOSS) BEFORE INCOME TAXES

790

(431 )

Provision for (benefit from) income taxes

(38 )

NET INCOME (LOSS)

$ 744

$ (393 )

NET INCOME (LOSS) PER COMMON SHARE

Basic

$ 0.04

$ (0.02 )

Diluted

$ 0.04

$ (0.02 )

WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING

Basic

18,633,335

18,608,407

Diluted

18,656,973

18,608,407

CONDENSED CONSOLIDATED STATEMENTS OF CASH

FLOWS

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(in thousands)

(unaudited)

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income (loss)

$ 744

$ (393 )

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:

Depreciation and amortization

295

272

Noncash operating lease expense

166

111

Provision for credit losses

397

Noncash interest accretion

Stock-based compensation

159

Changes in operating assets and liabilities:

Accounts receivable, net

(225 )

(501 )

Accounts receivable – related parties, net

—

Inventory

(932 )

(2,267 )

Prepaid corporate taxes

—

(38 )

Prepaid expenses

(1,581 )

(262 )

Deposits

(450 )

(522 )

Other assets

361

Accounts payable and accrued expenses

1,427

Accrued payroll and related

(383 )

Unearned revenue

2,318

1,988

Rewards program liability

(577 )

(5,125 )

Sales tax payable

223

Corporate taxes payable

—

Operating lease liabilities

(172 )

(117 )

Net cash provided by (used in) operating activities

1,180

(5,891 )

CASH FLOWS FROM INVESTING ACTIVITIES:

Additions to property and equipment

(4 )

(124 )

Proceeds from sale of investments

—

1,200

Purchase of investments

(246 )

(267 )

Net cash (used in) provided by investing activities

(250 )

809

CASH FLOWS FROM FINANCING ACTIVITIES:

Payment of installment payment liabilities

(32 )

(40 )

Repayment of vehicle loan

(3 )

—

Net cash used in financing activities

(35 )

(40 )

NET CHANGE IN CASH AND CASH EQUIVALENTS

895

(5,122 )

CASH AND CASH EQUIVALENTS - BEGINNING

6,753

9,358

CASH AND CASH EQUIVALENTS - ENDING

$ 7,648

$ 4,236

Non-GAAP Financial Measures

EBITDA is a numerical measure that the Company

believes helps investors to compare its operating performance to that of other companies. “EBITDA” is defined as net income

(loss) excluding interest income, income tax expense and depreciation and amortization expense. The Company believes EBITDA is an important

measure of operating performance because it allows management, investors and others to evaluate and compare the Company’s core operating

results from period to period by removing (i) the impact of the Company’s capital structure (interest expense from outstanding debt),

(ii) tax consequences and (iii) asset base (depreciation and amortization). EBITDA is a “non-GAAP financial measure” as defined

under Regulation G under the Exchange Act. EBITDA should not be considered in isolation or as an alternative to net income, cash

flows from operating activities or any other measure determined in accordance with GAAP. The items excluded to calculate EBITDA are significant

components in understanding and assessing the Company’s results of operations. The Company’s EBITDA may not be comparable

to a similarly titled measure of another company because other entities may not calculate EBITDA in the same manner.

The following table presents the reconciliation

of EBITDA to its most comparable GAAP measure, net income (loss), as reported (unaudited):

RECONCILIATION OF NET LOSS TO EBITDA

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(in thousands)

(unaudited)

2026

2025

Net income (loss) (GAAP)

$ 744

$ (393 )

Interest income

(67 )

(42 )

Provision for income taxes

(38 )

Depreciation and amortization

295

272

EBITDA

$ 1,018

$ (201 )

GRAPHIC

Filename: ea029031701_ex99-1img1.jpg · Sequence: 3

Binary file (32692 bytes)

Download ea029031701_ex99-1img1.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Cover

May 12, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

May 12, 2026

Entity File Number

001-41038

Entity Registrant Name

STRAN & COMPANY, INC.

Entity Central Index Key

0001872525

Entity Tax Identification Number

04-3297200

Entity Incorporation, State or Country Code

Entity Address, Address Line One

500 Victory Road

Entity Address, Address Line Two

Suite 301

Entity Address, City or Town

Quincy

Entity Address, State or Province

Entity Address, Postal Zip Code

02171

City Area Code

800

Local Phone Number

833-3309

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Common Stock, par value $0.0001 per share

Title of 12(b) Security

Common Stock, par value $0.0001 per share

Trading Symbol

SWAG

Security Exchange Name

NASDAQ

Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.81375

Title of 12(b) Security

Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.81375

Trading Symbol

SWAGW

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=SWAG_CommonStockParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=SWAG_WarrantsEachWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf4.81375Member

Namespace Prefix:

Data Type:

Balance Type:

Period Type: