Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 105

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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 results consist principally of direct selling, delivery costs and research and development expenses. Certain sales and marketing
expenses, general and administrative expenses, depreciation, and amortization are not allocated to individual segments in internal management
reports used by the Chief 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 September
    30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $1,977  
     775  
     1,202  
     155%
  
    Managed services and support 
     1,379  
     1,571  
     (192) 
     (12)%
  
    Platform
    services (*) 
     133  
     67  
     66  
     99%
  
    Revenue 
    $3,489  
    $2,413  
    $1,076  
     45%

    Nine months ended September 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $6,242  
     3,010  
     3,232  
     107%
  
    Managed services and support 
     4,235  
     6,295  
     (2,060) 
     (33)%
  
    Platform
    services (*) 
     275  
     201  
     74  
     (37)%
  
    Revenue 
    $10,752  
    $9,506  
    $1,246  
     13%

(*)Shown only for comparative purposes. Platform services is no longer considered an individual segment, as it does not meet the defined criteria for segment analysis.

Operating Results by Operating Segment

    Three months ended September 30, 2025
  
    Part