DEBT (Tables)

12 Months Ended

Dec. 31, 2025

A summary of the Company’s debt at December 31, 2025 and 2024 is described as follows:

SCHEDULE OF LONG TERM DEBT

	2025			2024
8.625% Senior Notes due April 2026	$	-		$	75,000,000
8.625% Senior Notes due September 2030		250,000,000			-
11.875% Senior Notes due December 2027		-			40,250,000
Oaktree Loan due January 2026		-			111,263,000
Notes payable gross		250,000,000			226,513,000
Less: Unamortized debt issuance costs		(6,816,000	)		(6,974,000	)
Notes payable net	$	243,184,000		$	219,539,000

SCHEDULE OF FUTURE MINIMUM PAYMENT UNDER NOTES PAYABLES

At December 31, 2025, future minimum payments under the Company’s debt were as follows:

	Amount
2026	$	-
2027		-
2028		-
2029		-
2030		250,000,000
Thereafter		-
Total minimum payments		250,000,000
Less: unamortized discount, net of premium		(6,816,000	)
Notes payable, net of unamortized discount	$	243,184,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

HARROW, INC. 10-K