Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 313

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 313
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31, 2024 and 2023, respectively 
     35,000  
     35,000 
  
    Additional paid-in capital 
     221,002,000  
     204,635,000 
  
    Accumulated deficit 
     (151,385,000) 
     (133,904,000)
  
    TOTAL HARROW, INC. STOCKHOLDERS’ EQUITY 
     69,652,000  
     70,766,000 
  
    Noncontrolling interests 
     (355,000) 
     (355,000)
  
    TOTAL STOCKHOLDERS’ EQUITY 
     69,297,000  
     70,411,000 
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 
    $388,971,000  
    $312,164,000 

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

F-5

HARROW, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

    2024  
    2023 

    For the Years Ended 

    December 31, 

    2024  
    2023 
  
    Revenues: 

    Product sales, net 
    $198,619,000  
    $117,447,000 
  
    Other revenues 
     995,000  
     12,746,000 
  
    Total revenues 
     199,614,000  
     130,193,000 
  
    Cost of sales 
     (49,245,000) 
     (39,640,000)
  
    Gross profit 
     150,369,000  
     90,553,000 
  
    Operating expenses: 

    Selling, general and administrative 
     129,064,000  
     83,090,000 
  
    Research and development 
     12,230,000  
     6,652,000 
  
    Impairment of long-lived assets 
     253,000  
     380,000 
  
    Total operating expenses 
     141,547,000  
     90,122,000 
  
    Income from operations 
     8,822,000  
     431,000 
  
    Other (expense) income