Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 895

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 895
---
 assets 
    $1,961  
    $6,858 

    Liabilities and stockholders’ equity (deficit) 

    Current liabilities 

    Accounts payable 
    $2,539  
    $1,953 
  
    Short term borrowing 
     2,650  
     3,788 
  
    Contingent consideration 
     500  
     500 
  
    Other current liabilities 
     1,386  
     1,911 
  
    Total current liabilities 
     7,075  
     8,152 
  
    Long-term liabilities 

    Convertible notes 
     -  
     97 
  
    Total current and long-term liabilities 
     7,075  
     8,249 

    Stockholders’ equity (deficit) 

    Preferred stock, par value $0.00001; 10,000,000 authorized 

    Issued Series B Convertible preferred stock, 1,600,000 and Nil issued as of December 31, 2024, and December 31, 2023, respectively 
     7,435  
     - 
  
    Series A, Super Voting Preferred Stock - 6,000 shares (1,000 votes per share) 
     -  
     - 
  
    Common stock, par value $0.00001; 100,000,000 authorized 
     -  
     - 
  
    5,666,781 and 4,308,822 shares issued and outstanding 
     -  
     - 
  
    Additional paid-in capital 
     21,022  
     26,211 
  
    Retained earnings 
     (33,571) 
     (27,602)
  
    Total stockholders’ equity (deficit) 
     (5,114) 
     (1,391)
  
    Total liabilities and stockholders’ equity (deficit) 
    $1,961  
    $6,858 

The accompanying notes are an integral part of
these consolidated financial statements.

F-3

HEALTHCARE TRIANGLE INC

Consolidated Statements of Operations

    Years Ended 

    December 31, 

    2024  
    2023 

    (In thousands) 
  
    Net revenue 
    $11,