Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 102

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 102
---
    $2,375 
  
    Less: discount 
     -  
     (314)
  
    Notes payable, net of discount 
     -  
     2,061 
  
    Notes payable, current portion, net of discount 
     -  
     2,061 
  
    Notes payable, long-term portion, net of discount 
    $-  
    $- 

During the nine months ended September 30, 2025,
the Company settled the entire balance of convertible note as shown below and there were no gain or losses upon settlement.

    1.
    L1 Capital  

During
the nine months ended September 30, 2025, the Company converted the entire outstanding principal of $875 and accrued interest and
conversion fees of $316 on the L1 Capital convertible note.

    Date 
    Loan  
    Interest
    Accrual  
    Total
    repayment  
    Conversion
    price  
    No of shares 
  
    1/7/2025 
     125  
     43  
     168  
     154.38  
     1,086 
  
    2/3/2025 
     200  
     71  
     271  
     145.52  
     1,867 
  
    2/14/2025 
     175  
     64  
     239  
     101.97  
     2,341 
  
    2/18/2025 
     175  
     64  
     239  
     101.97  
     2,346 
  
    2/21/2025 
     200  
     74  
     274  
     93.77  
     2,919 
  
    Total 
     875  
     316  
     1,191  
        
     10,559 

    2.
    Pioneer Garage

During the nine months ending September 30, 2025,
the Company repaid convertible note amounting to $1,500, including interest of $500.

    Convertible Note 
    Principal  
    Interest 
  
    Opening balance as of January 1, 2025 
    $1,000  
    $500 
  
    Rep