Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 691

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 691
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 by $1.78 million, or 31 % to $3.95
million for the twelve months ended December 31, 2024 as compared to $5.73 million for the twelve months ended December 31,2023 

Depreciation and amortization

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Depreciation and amortization 
    $889  
    $1,566  
     (677) 
     (43)%

Depreciation and amortization decreased by $0.68 million, or 43 %
to $0.89 million for the twelve months ended December 31, 2024 as compared to $1.57 million for the twelve months ended December 31,2023	

Impairment expense

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Impairment expense 
    $-  
    $1,710  
    $(1,710) 
     (100)%

Impairment expense decreased by $1.71 million,
or 100 % to $0 million for the twelve months ended December 31, 2024 as compared to $1.71 million for the twelve months ended December
31,2023

42

Interest expense

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Interest expense 
    $1,213  
    $968  
    $245  
     (25)%

Interest expense increased by $0.24 million, or
25 % to $1.21 million for the twelve months ended December 31, 2024 as compared to $0.97 million for the twelve months ended December
31,2023 

Other income

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Other income 
    $7  
    $12