Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 113

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 113
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 and principal accounting officer,
as appropriate to allow timely decisions regarding required disclosure.

Management’s Annual Report on Internal Control
over Financial Reporting

Our management is responsible
for establishing and maintaining adequate internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under
the Exchange Act. Internal control over financial reporting is a process designed by, or under the supervision of, our CEO and CFO and
effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
Our management, under the supervision and with the participation of our CEO and CFO, conducted an evaluation of the effectiveness of
our internal control over financial reporting based on the framework in Internal Control — Integrated Framework (2013) issued
by the Committee of Sponsoring Organizations. Based on such evaluation, management concluded that our internal control over financial
reporting was effective as of December 31, 2024.

Crowe LLP, the independent registered
public accounting firm who also audited our Consolidated Financial Statements, has issued an attestation report on the Company’s
effectiveness of internal controls over financial reporting which is included herein. The report by Crowe LLP is included in our consolidated
financial statements beginning on page F-1 of this report.

Changes in Internal Control over Financial Reporting

There has been no change in our
internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act) during the year ended December 31, 2024,
that has materially affected, or is reasonably likely to materially affect our internal control over financial reporting.

Inherent Limitations on Effectiveness of Controls

Our management, including our
CEO and CFO, do not expect that our disclosure controls or our internal control over financial reporting will prevent or detect all errors
and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that
the control system’s objectives will be met. The design of a control system must reflect the fact that there are resource constraints,
and the benefits of controls must be considered relative to their costs. Further, because of the inherent limitations in all control
systems, no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all
control issues and instances of fraud, if any, have been detected. These inherent