Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 97

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 97
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 Operating Decision Makers (CODM). Accordingly, such expenses are excluded from segment operating results and are included
below as “unallocated costs” and adjusted against our total income or loss from operations.

Additionally, management has determined that it
is not practical to allocate identifiable assets by segment, since such assets are used interchangeably among the segments.

23

HEALTHCARE TRIANGLE, INC.

Notes To Condensed Consolidated Financial Statements

(Unaudited)

(In thousands except share and per share data)

Schedule
of operating segment  

    Three months Ended June 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $2,101  
     663  
     1,438  
     217%
  
    Managed services and support 
     1,388  
     2,253  
     (865) 
     (38)%
  
    Platform services 
     70  
     68  
     2  
     2%
  
    Revenue 
    $3,559  
    $2,984  
    $(574) 
     19%

    Six months Ended June 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $4,266  
     2,235  
     2,031  
     91%
  
    Managed services and support 
     2,857  
     4,724  
     (1,867) 
     (40)%
  
    Platform services 
     140  
     134  
     6  
     4%
  
    Revenue 
    $7,263  
    $7,093  
    $(170) 
     2%

Operating Results by Operating Segment

    Three months ended June 30, 2025 
  
    Particulars 
    Software Services  
    Managed Services  
    Platform Services  
    Total 
  
    Revenue from customers 
    $2,101  
    $1,388  
    $70  
    $3,559 
  
    Less: 

    Cost of revenue 
     (1,853) 
     (1,156) 
     (55) 
     (