← HARROW, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($19.1m) |
($12.0m)
+37.21%
|
$14.6m
+222.03%
|
$168k
-98.85%
|
($3.4m)
-2098.21%
|
($18.0m)
-436.40%
|
($14.1m)
+21.77%
|
($24.4m)
-73.30%
|
($17.5m)
+28.39%
|
($5.1m)
+70.60%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($19.1m) |
($12.0m)
+37.21%
|
$14.6m
+222.03%
|
($125k)
-100.85%
|
— | ($18.5m) |
($14.1m)
+23.77%
|
($24.4m)
-73.30%
|
($17.5m)
+28.39%
|
($5.1m)
+70.60%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | ($125k) | ($3.4m) | ($18.0m) | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $293k | ($62k) | — | — | — | — | — | — | |
| Depreciation and amortization | $1.1m | $1.4m | $1.6m | $1.9m | $1.9m | $1.7m | $1.5m | $1.5m | $1.9m | $1.9m | $20.5m | |
| Depreciation, Depletion and Amortization | $1.1m | $1.4m | — | — | $1.9m | $1.6m | $1.3m | $1.1m | $1.3m | $1.3m | $20.5m | |
| Amortization | — | — | — | $209k | — | $8k | — | — | — | — | $18.5m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | $613k | $512k | $457k | $677k | $782k | $4.1m | $4.2m | $4.0m | — | |
| Amortization of Intangible Assets | $351k | $364k | $235k | $209k | $167k | $161k | $1.6m | $10.1m | $11.8m | $17.0m | — | |
| Deferred Income Tax Expense (Benefit) | ($111k) | ($935k) | $4k | $0 | $4k | $11k | $75k | — | $374k | $93k | — | |
| Share-based Payment Arrangement, Noncash Expense | $3.7m | $2.9m | $2.5m | $1.8m | $2.8m | $5.7m | $8.0m | $15.7m | $17.6m | $12.5m | $11.8m | |
| Share-based Payment Arrangement, Expense | $3.8m | $2.9m | $2.6m | $2.0m | $2.9m | $5.7m | $8.0m | $15.7m | $17.6m | $12.5m | $11.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | $0 | $0 | $0 | — | — | — | |
| Goodwill, Impairment Loss | ($239k) | — | — | $1.9m | — | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Finite-lived | $303k | — | — | — | — | — | — | $380k | $253k | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | $380k | $253k | $0 | — | |
| Nonoperating Income (Expense) | ($3.2m) | ($757k) | $19.8m | $4.7m | ($3.8m) | ($19.5m) | ($15.9m) | ($24.1m) | ($26.1m) | ($31.9m) | — | |
| Other Nonoperating Income (Expense) | — | — | $103k | $630k | ($73k) | $197k | $102k | ($444k) | ($185k) | $47k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $2.1m | ($1.4m) | $384k | $95k | $866k | $1.8m | $1.9m | $30.3m | $80.2m | ($5.0m) | ($24.4m) | |
| Increase (Decrease) in Inventories | $429k | $821k | ($415k) | $2.3m | $661k | $255k | $2.3m | $4.3m | ($165k) | $2.8m | ($5.8m) | |
| Net Cash Provided by (Used in) Operating Activities | ($11.2m) |
($8.8m)
+21.51%
|
$687k
+107.80%
|
$950k
+38.28%
|
($1.1m)
-215.79%
|
$5.1m
+562.00%
|
$1.7m
-66.45%
|
$3.8m
+125.22%
|
($22.2m)
-678.18%
|
$43.9m
+297.57%
|
$15.2m
-65.34%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | ($6.9m) | $772k | $1.8m | $1.5m | $862k | $1.8m | $2.6m | $1.5m | $1.6m | $887k | ($19.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($6.9m) | ($772k) | ($1.8m) | ($1.5m) | ($862k) | ($1.8m) | ($2.6m) | ($1.5m) | ($1.6m) | ($13k) | $12.1m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | ($2.9m) | $3.1m | ($3.2m) | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($7.3m) | ($961k) | ($2.2m) | ($1.8m) | ($981k) | ($18.7m) | ($1.7m) | ($152.6m) | ($33.2m) | ($5.5m) | ($23.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $2.0m | ($884k) | — | — | — | — | — | $5.5m | — | ($7.8m) | — | |
| Proceeds from Issuance of Common Stock | $212k | $1.1m | $642k | — | — | $65k | $22.7m | $379k | $1.1m | $467k | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $24.7m |
$4.9m
-80.02%
|
$4.1m
-16.21%
|
($1.0m)
-124.35%
|
$1.4m
+242.45%
|
$51.5m
+3491.77%
|
$54.1m
+5.19%
|
$126.5m
+133.70%
|
$28.5m
-77.45%
|
($12.7m)
-144.60%
|
$36.2m
+384.23%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $2.7m | $8.9m | $2.6m | ($1.9m) | ($648k) | $37.9m | $54.1m | ($22.2m) | ($26.8m) | $25.7m | $94.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $6.8m | $4.9m | $4.3m | $42.2m | $96.3m | — | — | — | $94.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | — | — | $65k | $642k | $379k | $1.1m | $467k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $1.5m | $2.1m | $2.0m | $1.8m | $4.8m | $6.5m | $18.9m | $20.6m | $18.7m | — | |
| Income Taxes Paid, Net | $9k | $9k | $4k | $17k | $4k | $11k | $75k | — | $374k | $93k | — | |
| Additional Financial Items | ||||||||||||
| Asset Acquisition Contingent Consideration Liability | — | — | — | — | — | — | — | — | — | $4.4m | — | |
| Deconsolidation, Gain (Loss), Amount | — | $5.7m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | ($354k) | ($393k) | ($4.1m) | ($105k) | — | $99k | $168k | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | $686k | — | ($253k) | — | — | |
| Gain (Loss) Related to Litigation Settlement | $551k | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | ($354k) | — | — | — | — | $5.3m | — | — | — | — | |
| General and Administrative Expense | $17.6m | $18.0m | — | — | — | — | — | — | — | — | — | |
| Goodwill | $2.2m | $2.2m | $2.2m | $332k | $332k | $332k | $332k | $332k | $332k | $332k | $0 | |
| Income Tax Expense (Benefit) | $111k | ($935k) | $4k | $17k | $4k | $133k | $75k | $701k | $161k | $3.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $22.8m | $24.2m | — | |
| Operating Costs and Expenses | $26.0m | $25.4m | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | — | — | $30.1m | $39.2m | $34.0m | $52.6m | $61.3m | $90.1m | $141.5m | $173.9m | — | |
| Operating Lease, Expense | — | — | — | $892k | $1.1m | $912k | $1.1m | $1.2m | — | — | — | |
| Payments of Financing Costs | $195k | $206k | $53k | — | — | — | — | — | — | — | — |