Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 438

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 438
---
     -  
     (2,362,000) 
     -  
     (2,362,000)
  
    Stock-based compensation expense 
     -  
     -  
     17,619,000  
     -  
     17,619,000  
     -  
     17,619,000 
  
    Net loss 
     -  
     -  
     -  
     (17,481,000) 
     (17,481,000) 
     -  
     (17,481,000)
  
    Balance at December 31, 2024 
     35,622,214  
    $35,000  
    $221,002,000  
    $(151,385,000) 
    $69,652,000  
    $(355,000) 
    $69,297,000 
  
    Balance  
     35,622,214  
    $35,000  
    $221,002,000  
    $(151,385,000) 
    $69,652,000  
    $(355,000) 
    $69,297,000 

The accompanying notes are an integral part of these
consolidated financial statements

F-7

HARROW, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

    2024  
    2023 

    For the Years Ended 

    December 31, 

    2024  
    2023 

    CASH FLOWS FROM OPERATING ACTIVITIES 

    Net loss 
    $(17,481,000) 
    $(24,411,000)
  
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities: 

    Depreciation and amortization of property, plant and equipment and software development costs 
     1,850,000  
     1,530,000 
  
    Amortization of intangible assets 
     11,783,000  
     10,082,000 
  
    Amortization of operating lease right-of-use assets 
     904,000  
     728,000 
  
    Provision for credit losses 
     120,000  
     332,000