Company: HROW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001641172-25-022980
Chunk: 26

Company: HARROW, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 26
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5, the Company recorded amortization expense related to capitalized software costs of $149,000
and $302,000, respectively, and $152,000 and $288,000 during the same periods in 2024, respectively.

NOTE
8. INTANGIBLE ASSETS AND GOODWILL

The
Company’s intangible assets at June 30, 2025 consisted of the following:

 SCHEDULE OF INTANGIBLE ASSETS

    Weighted-average
                                            useful life
    (in
    years)
     
    Cost

    Accumulated
    Amortization

    Disposal

    Net
    Carrying
    Value

    Patents
     
    19
     
    $
    227,000

    $
    (59,000
    )
     
    $
         -

    $
    168,000

    Licenses
     
    20

    50,000

    (37,000
    )

    -

    13,000

    Trademarks
     
    Indefinite

    294,000

    -

    -

    294,000

    Acquired
    NDAs
     
    14

    207,473,000

    (31,400,000
    )

    -

    176,073,000

    Customer
    relationships
     
    7

    596,000

    (549,000
    )

    -

    47,000

    Trade
    name
     
    4

    75,000

    (8,000
    )

    -

    67,000

    State
    pharmacy licenses
     
    25

    8,000

    (4,000
    )

    -

    4,000

    $
    208,723,000

    $
    (32,057,000
    )
     
    $
    -

    $
    176,666,000

Amortization
expense for intangible assets for the three and six months ended June 30, 2025 and 2024 was as follows:

 SCHEDULE OF AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS

    2025  
    2024  
    2025  
    2024 

    For the Three Months Ended  
    For the Six Months Ended