Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 1734

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 1734
---
 the
effect is anti-dilutive for that time period. Included in the basic and diluted net loss per share calculation were RSUs awarded to directors
that had vested, but the issuance and delivery of the shares are deferred until the director resigns. The number of shares underlying
vested RSUs at December 31, 2024 and 2023 was 211,020 and 215,539, respectively.

The following table shows the computation of basic
and diluted net loss per share of common stock for the years ended December 31, 2024 and 2023:

 SCHEDULE
OF BASIC AND DILUTED EARNINGS PER COMMON SHARE

    For the Years Ended December 31, 

    2024  
    2023 

    Numerator – net loss 
    $(17,481,000) 
    $(24,411,000)
  
    Denominator – weighted average number of shares outstanding, basic and diluted 
     35,650,714  
     32,616,777 
  
    Net loss per share, basic and diluted 
    $(0.49) 
    $(0.75)

Recently Adopted Accounting Pronouncements

In November 2023, the Financial Accounting Standards
Board (“FASB”) issued Accounting Standards update (“ASU”) 2023-07, Segment Reporting (Topic 280) - Improvements
to Reportable Segment Disclosures, which enhances the disclosures required for operating segments in the Company’s annual and
interim consolidated financial statements. The Company adopted ASU 2023-07 on a retrospective basis as of December 31, 2024. The adoption
did not impact the Company’s financial statements, other than with respect to expanded disclosures.

Accounting Guidance Issued but Not Adopted at December 31, 2024

In August 2023, FASB issued ASU 2023-05, Business
Combinations—Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement, which applies to the formation
of entities that meet the definition of a joint venture (or a corporate joint venture) and requires joint ventures to initially measure
all contributions received upon formation at fair value. The new guidance does not impact accounting by the venturers. The new guidance
is applicable to joint venture entities with a formation date on or after January 1, 2025 on a prospective basis. Joint ventures formed
prior to the effective date