Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 89

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 89
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 carry a cyber
insurance policy to help cover investigation and mitigation expenses, it may be subject to limitations and be insufficient to cover all
expenses that may result from a cybersecurity incident. Although the risks from cybersecurity threats, including as a result of any previous
cybersecurity incidents, have not materially affected or are reasonably likely to materially affect us, including our business strategy,
results of operations or financial condition, such incidents could have a material adverse effect in the future as cyberattacks continue
to increase in frequency and sophistication.

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In November
2024, we became aware of a cybersecurity incident that involved unauthorized access of an employee’s email account. Through this
unauthorized access the threat actor was able to fraudulently divert Company funds to its bank account. We detected the incident in a
timeframe management believes minimized any financial, operational or reputational risk to the Company. We believe this early detection
ultimately resulted in an immaterial impact to our financial results and at no point was our ability to generate revenues disrupted.

For
more information about the cybersecurity risks and other information technology and data privacy risks we face, see Item 1A. Risk
Factors and the subsection titled A breakdown of our information technology systems, or a cyberattack or information
security breach could significantly compromise the confidentiality, integrity and availability of our information technology systems,
network-connected control systems and/or our data, interrupt the operation of our business and/or affect our reputation.

ITEM 2. PROPERTIES

We lease approximately 17,700
square feet of office space in Nashville, Tennessee. The current lease term expires on June 30, 2032 and includes the option to extend
the term for two additional, consecutive five-year terms. This office serves as our corporate headquarters.

We lease approximately 38,200
square feet of lab, warehouse, and office space in Ledgewood, New Jersey, in three separate suites. The current lease term expires on
July 31, 2027 and includes options to extend the lease term through 2037. This space serves as an outsourcing facility and pharmacy for
ImprimisRx.

We lease approximately 11,600
square feet of lab and office space in Nashville, Tennessee. The current lease term commenced in June 2022 and expires in June 2027.
This office generally serves as ImprimisRx’s customer service center and analytical laboratory.

We lease approximately 5,800
square feet of office space in Carlsbad, California. The current