Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 848

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 848
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related information for the year ended December 31, 2024 is as follows:

 SCHEDULE OF RESTRICTED STOCK UNITS ACTIVITY

    Number of RSUs  
    Weighted Average Grant Date Fair Value 
  
    RSUs unvested – January 1, 2024 
     363,029  
    $9.23 
  
    RSUs granted 
     327,831  
    $24.64 
  
    RSUs vested 
     (327,998) 
    $10.22 
  
    RSUs cancelled/forfeited 
     (9,750) 
    $11.64 
  
    RSUs unvested at December 31, 2024 
     353,112  
    $22.55 

A summary of the Company’s RSU activity and
related information for the year ended December 31, 2023 is as follows:

    Number of RSUs  
    Weighted Average Grant Date Fair Value 
  
    RSUs unvested – January 1, 2023 
     493,806  
    $7.99 
  
    RSUs granted 
     128,174  
    $11.68 
  
    RSUs vested 
     (175,643) 
    $8.67 
  
    RSUs cancelled/forfeited 
     (83,308) 
    $6.84 
  
    RSUs unvested at December 31, 2023 
     363,029  
    $9.23 

As of December 31, 2024, the total unrecognized compensation
expense related to unvested RSUs was approximately $7,703,000 which is expected to be recognized over a weighted-average period of 1.85
years, based on estimated vesting schedules. The stock-based compensation for RSUs was $2,442,000 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