Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 27

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 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 
  
    Repayment during the period 
     (1,000) 
     (500)
  
    Closing balance as of September 30, 2025 
    $-  
    $- 

    Convertible Note 
    Principal  
    Interest 
  
    Opening balance as of January 1, 2024 
    $-  
    $- 
  
    Loan obtained during the year 
     1,000  
     500 
  
    Closing balance as of December 31, 2024 
    $1,000  
    $500 

21

HEALTHCARE TRIANGLE, INC.

Notes To Condensed Consolidated Financial Statements

(Unaudited)

(In