Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 121

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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 Less: 

     - 
  
    Cost of revenue 
     (497) 
     (1,547) 
     (42) 
     (2,086)
  
    Segmental gross profit 
     166  
     706  
     26  
     898 
  
    Research and development 
     -  
     -  
     207  
     207 
  
    Sales and marketing 
     140  
     476  
     14  
     631 
  
    General and administrative 
     201  
     683  
     21  
     904 
  
    Segmental loss 
     (175) 
     (453) 
     (216) 
     (844)
  
    Interest expenses 
     (29) 
     (99) 
     (3) 
     (131)
  
    Depreciation 
     -  
     -  
     (534) 
     (534)
  
    Other income 
     -  
     -  
     -  
     - 
  
    Loss before income taxes 
     (204) 
     (552) 
     (753) 
     (1,509)
  
    Income tax 
     (0) 
     (1) 
     (0) 
     (1)
  
    Loss after income taxes 
    $(204) 
    $(551) 
    $(753) 
    $(1,508)

40

Due from Affiliates 

On January 1, 2025, the Company entered into a
Master Service Agreement with Securekloud Technologies Inc. (“SKI”) and Securekloud Technologies Limited (“SKL). The initial
term of the agreement is twenty-four months, which is extendable based on mutual consent. As per the Master Services Agreement, SKI and
SKL provide technical resources according to the statement of work from the Company. The Company received services amounting to $1,025
and $755 for the quarter ended June 30, 2025, and 2024 respectively and $2,020 and $1,568 for the six months ended June 30, 2025 and 2024
respectively, while the Company made advance payments amounting to $4,843 during the six months ended