Company: HROW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001641172-25-022980
Chunk: 27

Company: HARROW, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 27
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    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Patents 
    $3,000  
    $14,000  
    $6,000  
    $28,000 
  
    Acquired NDAs 
     4,220,000  
     2,529,000  
     8,440,000  
     5,059,000 
  
    Customer relationships 
     3,000  
     6,000  
     6,000  
     16,000 
  
    Amortization
    expense of intangible assets 
    $4,226,000  
    $2,549,000  
    $8,452,000  
    $5,103,000 

    16

Estimated
future amortization expense for the Company’s intangible assets at June 30, 2025 was as follows:

 SCHEDULE
OF ESTIMATED FUTURE AMORTIZATION EXPENSE

    Remainder of 2025 
    $8,452,000 
  
    2026 
     16,904,000 
  
    2027 
     16,613,000 
  
    2028 
     16,206,000 
  
    2029 
     16,096,000 
  
    Thereafter 
     102,101,000 
  
    Intangible
    assets 
    $176,372,000 

There
were no changes to the carrying value of the Company’s goodwill during the three and six months ended June 30, 2025 and 2024.

NOTE
9. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts
payable and accrued expenses at June 30, 2025 and December 31, 2024 consisted of the following:

 SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED EXPENSES

    June 30,  
    December 31, 

    2025  
    2024 
  
    Accounts payable 
    $23,415,000  
    $38,762,000 
  
    Accrued interest (see Note 10) 
     1,893,000  
     2,538,000 
  
    Other