Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 371

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 371
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 the Company
assigns a forfeiture factor of 10%. These factors could change in the future, which would affect the determination of stock-based compensation
expense in future periods. Utilizing these assumptions, the fair value is determined at the date of grant.

The table below illustrates the fair value per share
determined using the Black-Scholes-Merton option pricing model with the following assumptions used for valuing options granted to employees:

 SCHEDULE OF FAIR VALUE ASSUMPTIONS

    2024  
    2023 
  
    Weighted-average fair value of options granted 
    $11.46  
    $11.49 
  
    Expected terms (in years) 
     6.11  
     6.11 
  
    Expected volatility 
     68 – 73%  
     68 – 70% 
  
    Risk-free interest rate 
     3.72 – 4.48%  
     3.59 – 4.80% 
  
    Dividend yield 
     -  
     - 

The following table
summarizes information about stock options outstanding and exercisable at December 31, 2024:

SCHEDULE OF STOCK OPTION OUTSTANDING AND EXERCISABLE 

    Options Outstanding

    Options Exercisable

    Range of
    Exercise Prices

    Number
    Outstanding

    Weighted
    Average
    Remaining
    Contractual
    Life in Years

    Weighted
    Average
    Exercise
    Price

    Number
    Exercisable

    Weighted
    Average
    Exercise
    Price

    $
    1.47 - $1.70

    31,942

    2.71

    $
    1.68

    31.942

    $
    1.68

    $
    1.73

    250,000

    3.00

    $
    1.73

    250,000

    $
    1.73

    $
    2.23

    270,000

    2.09

    $
    2.23

    270,000

    $
    2.23

    $
    2.40- $2.60

    14,068

    2.07

    $
    2.57

    14,068