Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 1855

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 10
Chunk 1855
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7

    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 $1.70 to $25.86 per share.

·The
                                            Company issued 32,955 shares of common stock upon the cashless exercise of options
                                            to purchase 39,710 shares with exercise prices ranging from $1.70 to $8.00 per
                                            share.

·The Company issued 44,860 shares
                                                                                                             of common stock to John Saharek, the Company’s Chief Commercial Officer, upon the cashless exercise of options to
                                                                                                             purchase 90,000 shares
                                                                                                             at an exercise price of $7.37.
                                                                                                             The Company withheld 29,107 shares
                                                                                                             of common stock for payroll tax withholdings totaling $1,205,000.

·45,000 RSUs
                                            granted in February 2021 to Andrew R.