Company: HCTI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045994
Chunk: 3

Company: Healthcare Triangle, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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per share.

(2)Up to 1,085,714,550 shares of Common Stock that may be issued
on exercise of the Series B warrants using the “zero exercise price option”.

See Note 8 for value allocation.

3

HEALTHCARE TRIANGLE, INC.

Unaudited Condensed Consolidated Statements
of Cash Flows

    Three Months Ended  March 31, 

    2025  
    2024 
  
    Cash flows from operating activities 

    Net loss 
    $(1,700) 
    $(1,862)
  
    Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities 

    Depreciation & amortization 
     12  
     536 
  
    Interest expense settled by equity 
     316  
     - 
  
    Common stock issued for services 
     88  
     - 
  
    Amortization of debt discount 
     223  
     36 
  
    Other income 
     (111) 
     - 
  
    Stock compensation expenses 
     36  
     26 
  
    Changes in operating assets and liabilities: 

    (Increase)/ decrease in: 

    Accounts receivable 
     (797) 
     1,141 
  
    Other current assets 
     (785) 
     486 
  
    Due from affiliates 
     (1,448) 
     271 
  
    Accounts payable and accrued expenses 
     (820) 
     60 
  
    Other current liabilities 
     (572) 
     (744)
  
    Net cash used in operating activities 
     (5,557) 
     (50)
  
    Cash flows from investing activities 

    Net cash provided by/ (used in) investing activities 
     -  
     - 
  
    Cash flows from financing activities 

    Increase/(decrease) in short term borrowing 
     186  
     (883)
  
    Repayment of convertible note 
     (1,500) 
     - 
  
    Proceeds from equity issuance (Note 8) 
     13,677  
     - 
  
    Net cash provided by/ (used in) financing activities 
     12,363  
     (883)

    Net increase (decrease)