← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $19.9m |
$26.8m
+34.26%
|
$41.4m
+54.52%
|
$51.2m
+23.67%
|
$48.9m
-4.48%
|
$72.5m
+48.30%
|
$88.6m
+22.24%
|
$130.2m
+46.95%
|
$199.6m
+53.32%
|
$272.3m
+36.41%
|
$268.7m
-1.33%
|
|
| Cost of Revenue | $9.8m |
$13.5m
+37.37%
|
$16.5m
+22.33%
|
$16.7m
+1.38%
|
$14.5m
-13.65%
|
$18.2m
+25.94%
|
$25.4m
+39.36%
|
$39.6m
+56.17%
|
$49.2m
+24.23%
|
$67.9m
+37.95%
|
$69.6m
+2.41%
|
|
| Gross Profit | $10.1m |
$13.3m
+31.23%
|
$24.9m
+87.29%
|
$34.4m
+38.49%
|
$34.4m
-0.02%
|
$54.3m
+57.70%
|
$63.2m
+16.49%
|
$90.6m
+43.25%
|
$150.4m
+66.06%
|
$204.4m
+35.91%
|
$199.1m
-2.57%
|
|
| Interest Income (Expense), Net | ($2.8m) |
($3.0m)
-9.08%
|
($2.7m)
+9.85%
|
($2.5m)
+8.36%
|
($2.2m)
+10.56%
|
($5.4m)
-143.11%
|
— | — | — | — | — | |
| Research and Development Expense | $739k | $413k | $825k | $2.1m | $2.4m | $11.1m | $3.0m | $6.7m | $12.2m | $20.9m | $23.8m | |
| Selling and Marketing Expense | $7.4m | $7.1m | — | — | — | — | — | — | — | — | $155.6m | |
| General and Administrative Expense | $17.6m | $18.0m | $29.2m | $33.1m | $31.2m | $41.3m | $58.2m | $83.1m | $129.1m | $152.9m | — | |
| Amortization of Intangible Assets | $351k | $364k | $235k | $209k | $167k | $161k | $1.6m | $10.1m | $11.8m | $17.0m | — | |
| Operating Lease, Expense | — | — | — | $892k | $1.1m | $912k | $1.1m | $1.2m | — | — | — | |
| 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 | $179.4m | |
| Operating Income (Loss) | ($15.9m) |
($12.2m)
+23.42%
|
($5.2m)
+57.11%
|
($4.8m)
+7.94%
|
$385k
+108.02%
|
$1.6m
+319.22%
|
$1.9m
+18.90%
|
$431k
-77.54%
|
$8.8m
+1946.87%
|
$30.5m
+245.90%
|
$19.7m
-35.55%
|
|
| Interest Expense | — | — | — | — | — | — | $7.2m | $21.3m | — | $7.8m | $23.1m | |
| Gain (Loss) on Investments | — | $3.5m | $22.9m | $6.5m | ($1.5m) | ($10.1m) | ($2.9m) | $3.1m | ($3.2m) | — | — | |
| Gain (Loss) Related to Litigation Settlement | $551k | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $103k | $630k | ($73k) | $197k | $102k | ($444k) | ($185k) | $47k | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $22.8m | $24.2m | $23.1m | |
| Other Income | $1.5m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $19.2m | ($12.9m) | $14.6m | ($125k) | ($3.4m) | ($17.9m) | ($14.0m) | ($23.7m) | ($17.3m) | ($1.4m) | ($11.2m) | |
| Current Income Tax Expense (Benefit) | $8k | $5k | $6k | $8k | $4k | $133k | $75k | $701k | $161k | $3.8m | $3.8m | |
| Income Tax Expense (Benefit) | $111k | ($935k) | — | $8k | $4k | $133k | $75k | $701k | $161k | $3.8m | $3.8m | |
| 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%
|
($15.0m)
-191.13%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $293k | ($62k) | — | — | — | — | — | ($15.0m) | |
| Preferred Stock Dividends and Other Adjustments | — | — | — | — | — | $472k | — | — | — | — | — | |
| Earnings Per Share, Basic | — | ($0.60) | $0.67 | $0.01 | ($0.13) | ($0.69) | ($0.51) | ($0.75) | ($0.49) | ($0.14) | ($0.38) | |
| Earnings Per Share, Diluted | — | ($0.60) | $0.61 | $0.01 | ($0.13) | ($0.69) | ($0.51) | ($0.75) | ($0.49) | ($0.14) | ($0.38) | |
| Weighted Average Number of Shares Outstanding, Basic | — | 20.0m | 21.9m | 25.3m | 25.9m | 26.8m | 27.5m | 32.6m | 35.7m | 36.8m | 37.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 12.7m | 20.0m | 23.8m | 26.5m | 25.9m | 26.8m | 27.5m | 32.6m | 35.7m | 36.8m | 37.1m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | ($239k) | — | — | $1.9m | — | — | — | — | — | — | $0 |