Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 1060

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 6
Chunk 1060
---
 
     -  
     409,000 
  
    Deposits and other current assets 
     3,410,000  
     1,753,000 
  
    Total prepaid expenses and other current assets 
    $15,329,000  
    $9,588,000 

NOTE 9. PROPERTY,
PLANT AND EQUIPMENT

Property, plant and equipment, net at December 31,
2024 and 2023 consisted of the following:

 SCHEDULE
OF PROPERTY, PLANT AND EQUIPMENT

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Property, plant and equipment, net: 

    Computer hardware 
    $1,195,000  
    $1,322,000 
  
    Furniture and equipment 
     956,000  
     936,000 
  
    Lab and pharmacy equipment 
     5,306,000  
     4,564,000 
  
    Leasehold improvements 
     7,291,000  
     6,771,000 
  
    Property, plant and equipment, gross 
     14,748,000  
     13,593,000 
  
    Accumulated depreciation and amortization 
     (11,014,000) 
     (10,072,000)
  
    Property, plant and equipment,
    net 
    $3,734,000  
    $3,521,000 

During the year ended December 31, 2023, the Company
disposed of property, plant and equipment with a net book value of $168,000 related to the discontinued use of certain lab equipment,
which is included in other expense, net in the consolidated statement of operations. The Company recorded depreciation and amortization
expense of $1,269,000 and $1,055,000 during the years ended December 31, 2024 and 2023, respectively.

NOTE 10. CAPITALIZED SOFTWARE COSTS

Capitalized software costs at December 31, 2024 and
2023 consisted of the following:

 SCHEDULE OF CAPITALIZED SOFTWARE COSTS

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Capitalized software costs 

    Capitalized internal-use software development costs