Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 614

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 2
Chunk 614
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uneration 
     (5.95)% 
     (30.83)%
  
    Melt loan settlement 
     -% 
     (4.52)%
  
    Other 
     1.71% 
     2.97%
  
    Uncertain tax positions 
     0.09% 
     (11.71)%
  
    Research and development tax credit 
     2.66% 
     0.53%
  
    Provision-to-return true-ups 
     (0.75)% 
     1.72%
  
    Other true-ups 
     (1.87)% 
     (0.43)%
  
    Total 
     7.66% 
     (8.59)%
  
    Change in valuation allowance 
     (8.59)% 
     5.71%
  
    Effective income tax rate 
     (0.93)% 
     (2.88)%

    F-40

Deferred tax assets and liabilities reflect the net
tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the
amounts used for income tax purposes. Significant components of the Company’s deferred tax assets are as follows:

SCHEDULE
OF DEFERRED TAX ASSETS AND LIABILITIES

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Deferred tax assets (liabilities): 

    NOL 
    $2,448,000  
    $4,669,000 
  
    Depreciation and amortization 
     1,753,000  
     1,637,000 
  
    Other 
     443,000  
     854,000 
  
    Research and development credits 
     655,000  
     220,000 
  
    Deferred stock compensation 
     1,523,000  
     1,059,000 
  
    Basis difference in Eton 
     -  
     (583,000)
  
    Basis difference in Melt investments 
     3,620,000  
     3,405,000 
  
    Federal benefit of state ASC740-10 reserves 
     104,000  
     88,000 
  
    Limitation Under 163(j) 
     4,605,000