Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 1297

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 1297
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442,000 and $1,161,000 during the years ended
December 31, 2024 and 2023, respectively. During 2024 and 2023, the Company recognized a tax benefit of $12,000 and $0, respectively,
from the vesting of RSUs during the period.

    F-39

The Company recorded total stock-based compensation
(including issuance of common stock for services and accrual for stock-based compensation) related to equity instruments granted to employees,
directors and consultants as follows:

 SCHEDULE OF STOCK BASED COMPENSATION GRANTED TO EMPLOYEES, DIRECTORS AND CONSULTANTS

    2024  
    2023 

    For the Years Ended December 31, 

    2024  
    2023 
  
    Employees – selling, general and administrative 
    $14,812,000  
    $13,279,000 
  
    Employees – R&D 
     1,722,000  
     1,662,000 
  
    Directors – selling, general and administrative 
     800,000  
     688,000 
  
    Consultants – selling, general and administrative 
     285,000  
     67,000 
  
    Total 
    $17,619,000  
    $15,696,000 

NOTE 16. INCOME TAXES 

The Company is subject to taxation in the U.S., New
Jersey, Tennessee, and various other states. The Company’s income tax provision consists of the following for the years ended December
31, 2024 and 2023:

SCHEDULE
OF PROVISION FOR INCOME TAXES

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Current: 

    Federal 
    $46,000  
    $- 
  
    State 
     115,000  
     701,000 
  
    Total current 
    $161,000  
    $701,000 

    Deferred: 

    Federal 
    $-  
    $- 
  
    State 
     -  
     - 
  
    Total deferred 
     -  
     - 
  
    Income tax provision 
    $161,000  
    $701,000 

A reconciliation of income