Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 1484

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9
Chunk 1484
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    Options outstanding – December 31, 2024 
     2,469,099  
    $6.49  
     3.19  
    $67,035,000 
  
    Options exercisable 
     2,226,858  
    $5.52  
     2.59  
    $62,413,000 
  
    Options vested and expected to vest 
     2,438,378  
    $6.35  
     3.12  
    $66,501,000 

A summary of stock option activity under the Plan
for the year ended December 31, 2023 is as follows:

    Number of shares  
    Weighted Avg. Exercise Price  
    Weighted Avg. Remaining Contractual Life  
    Aggregate Intrinsic Value 
  
    Options outstanding – January 1, 2023 
     3,027,701  
    $5.90  

    Options granted 
     135,500  
    $17.81  

    Options exercised 
     (355,148) 
    $7.36  

    Options cancelled/forfeited 
     (96,736) 
    $7.49  

    Options outstanding – December 31, 2023 
     2,711,317  
    $6.25  
     4.00  
    $14,303,000 
  
    Options exercisable 
     2,432,826  
    $5.55  
     3.45  
    $13,760,000 
  
    Options vested and expected to vest 
     2,673,670  
    $6.15  
     3.93  
    $14,243,000 

The aggregate intrinsic value in the tables above
represents the total pre-tax amount of the proceeds, net of exercise price, which would have been received by option holders if all option
holders had exercised and immediately sold all options with an exercise price lower than the market price on December 31, 2024 and 2023,
based on the closing price of the Company’s common stock of $33.55 and $11.20, respectively, on that date.

The intrinsic value of the options exercised in 2024
and 2023 was $7,011,000
and $4,580