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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 66,726,000 $ 47,247,000
Accounts receivable, net 77,063,000 116,373,000
Inventories 10,716,000 10,702,000
Prepaid expenses and other current assets 15,030,000 15,329,000
Total current assets 169,535,000 189,651,000
Property, plant and equipment, net 3,568,000 3,734,000
Capitalized software costs, net 1,627,000 1,751,000
Operating lease right-of-use assets, net 8,337,000 8,554,000
Intangible assets, net 180,765,000 184,949,000
Goodwill 332,000 332,000
TOTAL ASSETS 364,164,000 388,971,000
Current liabilities    
Accounts payable and accrued expenses 39,159,000 41,406,000
Accrued rebates and copay assistance 31,153,000 39,900,000
Accrued payroll and related liabilities 7,605,000 9,496,000
Deferred revenue and customer deposits 145,000 44,000
Current portion of notes payable, net of unamortized debt discount 108,313,000
Current portion of operating lease obligations 611,000 497,000
Total current liabilities 186,986,000 91,343,000
Operating lease obligations, net of current portion 8,581,000 8,792,000
Notes payable, net of unamortized debt discount and current portion 112,501,000 219,539,000
TOTAL LIABILITIES 308,068,000 319,674,000
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 50,000,000 shares authorized, 35,654,171 and 35,622,214 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 35,000 35,000
Additional paid-in capital 225,581,000 221,002,000
Accumulated deficit (169,165,000) (151,385,000)
TOTAL HARROW, INC. STOCKHOLDERS’ EQUITY 56,451,000 69,652,000
Noncontrolling interests (355,000) (355,000)
TOTAL STOCKHOLDERS’ EQUITY 56,096,000 69,297,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 364,164,000 $ 388,971,000