Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 365

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 365
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6.6%, respectively,
and 10.2 years and 10.4 years, respectively.

During the years ended December 31, 2024 and 2023,
cash paid for amounts included for the operating lease liabilities was $1,301,000 and $1,231,000, respectively, and the Company
recorded operating lease expense of $1,515,000 and $1,232,000, respectively, included in selling, general and administrative expenses.

Future lease payments under operating leases as of
December 31, 2024 were as follows:

 SCHEDULE
OF FUTURE LEASE PAYMENTS UNDER OPERATING LEASES 

    Operating Leases

    2025

    $
    1,223,000

    2026

    1,551,000

    2027

    1,425,000

    2028

    1,288,000

    2029

    1,304,000

    Thereafter

    6,667,000

    Total minimum lease payments

    13,458,000

    Less: amount representing imputed interest payments

    (4,169,000
    )
  
    Total operating lease liabilities

    9,289,000

    Less: current portion, operating lease liabilities

    (497,000
    )
  
    Operating lease obligations, net of current portion

    $
    8,792,000

NOTE 15. STOCKHOLDERS’
EQUITY AND STOCK-BASED COMPENSATION

Preferred Stock

At December 31, 2024 and 2023, the Company had 5,000,000 shares
of preferred stock, $0.001 par value, authorized and no shares of preferred stock issued and outstanding.

Common Stock

At each of December 31, 2024 and 2023, the Company
had 50,000,000 shares of common stock, $0.001 par value, authorized.

    F-33

Issuances During the Year Ended December 31, 2024

During the year ended December 31, 2024:

·The
                                            Company issued 152,102 shares of common stock and received proceeds of $1,110,000 upon
                                            the exercise of options to purchase 152,102 shares of common stock with exercise
                                            prices ranging from