Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 28

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 years from the original filing deadline. The Company regularly reviews its deferred tax
assets for recoverability based on historical taxable income, projected future taxable income, the expected timing of the reversals of
existing taxable temporary differences and tax planning strategies. The Company’s judgment regarding future profitability may change
due to many factors, including future market conditions and the ability to successfully execute the business plans and/or tax planning
strategies. Should there be a change in the ability to recover deferred tax assets, the Company’s income tax provision would increase
or decrease in the period in which the assessment is changed.

13) Segment Information

Expenses included in determining the segment operating
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 June 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $2,101  
     663  
     1,438  
     217%
  
    Managed services and support 
     1,388  
     2,253  
     (865) 
     (38)%
  
    Platform services 
     70  
     68  
     2  
     2%
  
    Revenue 
    $3,559  
    $2,984  
    $(574) 
     19%

    Six months Ended June 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $4,266  
     2,235  
     2,031  
     91%
  
    Managed services and support 
     2,857