Company: HROW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009263
Chunk: 22

Company: HARROW, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 22
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,000 and $296,000, respectively.

     14 

NOTE 7. CAPITALIZED SOFTWARE COSTS

Capitalized software costs at March 31, 2025 and
December 31, 2024 consisted of the following:

 SCHEDULE OF CAPITALIZED SOFTWARE COSTS

    March 31, 2025  
    December 31, 2024 
  
    Capitalized software costs 

    Capitalized internal-use software development costs 
    $3,410,000  
    $3,395,000 
  
    Acquired third-party software license for internal-use 
     219,000  
     205,000 
  
    Total gross capitalized software for internal-use 
     3,629,000  
     3,600,000 
  
    Accumulated amortization 
     (2,002,000) 
     (1,849,000)
  
    Total capitalized software
    costs net 
    $1,627,000  
    $1,751,000 

For the three months ended March 31, 2025 and
2024, the Company recorded amortization expense related to capitalized software costs of $153,000 and $136,000, respectively.

NOTE 8. INTANGIBLE ASSETS AND GOODWILL

The Company’s intangible assets at March 31, 2025 consisted of
the following:

 SCHEDULE OF INTANGIBLE ASSETS

    Weighted-average useful life (in years) 
    Cost  
    Accumulated Amortization  
    Disposal  
    Net Carrying Value 
  
    Patents 
    19 
    $212,000  
    $(56,000) 
    $-  
    $156,000 
  
    Licenses 
    20 
     50,000  
     (37,000) 
     -  
     13,000 
  
    Trademarks 
    Indefinite 
     256,000  
     -  
     -  
     256,000 
  
    Acquired NDAs 
    14 
     207,398,000  
     (27,180,000) 
     -  
     180,218,000 
  
    Customer relationships 
    7 
     596,000  
     (545,000) 
     -