Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 30

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 30
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 from government and
    commercial third-party payors, and pricing and reimbursement pressures have affected, and are likely to continue to affect, our profitability

    ●
    The adoption and interpretation of new tax legislation or exposure
    to additional tax liabilities could affect our profitability

Risks Related to Competition

    ●
    Securing and maintaining patent or other intellectual property protection
    for our products and related improvements

    ●
    Market acceptance of our drug products, drug candidates, compounded
    drugs and pharmacies

    ●
    Our ability to successfully research, develop and timely manufacture
    our current and future products and drug candidates

    ●
    Our ability to enforce protect our intellectual property rights along
    with the potential of future legal proceedings filed against us claiming intellectual property infringement

    ●
    Retention, recruitment, and training of senior management and key personnel

Risks Related to Product Development, Regulatory
Approval, Manufacturing and Commercialization 

    ●
    We may not be able to develop commercial products despite significant
    investments in R&D

    ●
    Our branded products and product candidates in development cannot be
    sold without regulatory approval

    ●
    Our drug candidates may face competition sooner than we expect

    ●
    We rely on third parties to manufacture and conduct clinical trials
    of our branded drug products and product candidates

    ●
    We may not be successful in obtaining market exclusivity for our product
    candidates

Risks Related to Our Indebtedness 

    ●
    Our ability to pay the interest and debt service payments associated
    with the Notes

    ●
    The Notes are unsecured, effectively subordinated to any secured indebtedness,
    with limited protection for holders of the Notes

    ●
    The Notes are subject to various market factors, including market interest
    rates, trading activity, third-party ratings and other factors

Risks Related to Our Common Stock

    ●
    Volatility of the price of our common stock

    ●
    Our stock price falling as a result of future offerings or sales

You should carefully consider
the following risk factors in addition to the other information contained in this Annual Report. Our business, financial condition, results
of operations, and prices of our common stock and Notes could be materially adversely affected by any of these risks.

 20 

Risks Related to Economic Conditions and Operations
of Our Business. 

We may not be profitable in the future.

As of December 31