Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 137

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 137
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 Balance  
     35,622,214  
    $35,000  
    $221,002,000  
    $(151,385,000) 
    $69,652,000  
    $(355,000) 
    $69,297,000 

The accompanying notes are an integral part of these
consolidated financial statements

F-7

HARROW, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

    2024  
    2023 

    For the Years Ended 

    December 31, 

    2024  
    2023 

    CASH FLOWS FROM OPERATING ACTIVITIES 

    Net loss 
    $(17,481,000) 
    $(24,411,000)
  
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities: 

    Depreciation and amortization of property, plant and equipment and software development costs 
     1,850,000  
     1,530,000 
  
    Amortization of intangible assets 
     11,783,000  
     10,082,000 
  
    Amortization of operating lease right-of-use assets 
     904,000  
     728,000 
  
    Provision for credit losses 
     120,000  
     332,000 
  
    Amortization of debt issuance costs and debt discount 
     4,205,000  
     4,097,000 
  
    Investment loss (gain) from investment in Eton 
     3,171,000  
     (3,092,000)
  
    Loss on disposal of equipment 
     -  
     168,000 
  
    Loss on impairment of intangible assets 
     253,000  
     380,000 
  
    Loss on extinguishment of debt 
     -  
     5,465,000 
  
    Stock-based compensation 
     17,619,000  
     15,696,000 
  
    Changes in assets and liabilities: 

    Accounts receivable 
     (80,232,000) 
     (30,344,000)
  
    Inventories 
     165,000  
     (4,326,000)
  
    Prepaid expenses and