Company: HROW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009263
Chunk: 6

Company: HARROW, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 6
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ases of property, plant and equipment 
     (170,000) 
     (92,000)
  
    NET CASH USED IN INVESTING ACTIVITIES 
     (212,000) 
     (110,000)
  
    CASH FLOWS FROM FINANCING ACTIVITIES 

    Payment of payroll taxes upon vesting of PSUs, RSUs and exercise of stock options 
     -  
     (1,157,000)
  
    Proceeds from exercise of stock options 
     23,000  
     348,000 
  
    NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 
     23,000  
     (809,000)
  
    NET CHANGE IN CASH AND CASH EQUIVALENTS 
     19,479,000  
     (5,547,000)
  
    CASH AND CASH EQUIVALENTS, beginning of period 
     47,247,000  
     74,085,000 
  
    CASH, CASH EQUIVALENTS, end of period 
    $66,726,000  
    $68,538,000 
  
    SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: 

    Cash paid for income taxes 
    $38,000  
    $- 
  
    Cash paid for interest 
    $6,392,000  
    $5,340,000 
  
    SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES: 

    Purchase of property, plant and
    equipment included in accounts payable and accrued expenses 
    $5,000  
    $89,000 
  
    Change in right-of-use assets for operating lease obligations assumptions 
    $-  
    $377,000 
  
    Insurance premium financed 
    $-  
    $450,000 

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

 6 

HARROW, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS

For the Three Months Ended March 31, 2025 and
2024

NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF
PRESENTATION

Company and Background

Harrow, Inc. (together with