Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 32

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 32
---
330) 
    $(1,314) 
    $(1,977) 
    $(4,621)

Revenue from top 5 customers

Schedule of concentration

    Three months ended
    September 30, 2025  
    Nine months ended
    September 30, 2025 
  
    Customer 
    Amount  
    % of Revenue  
    Amount  
    % of
    Revenue 
  
    Customer 1 
    $689  
     20% 
    $2,039  
     19%
  
    Customer 2 
     583  
     17% 
     2,017  
     19%
  
    Customer 3 
     296  
     8% 
     899  
     8%
  
    Customer 4 
     235  
     7% 
     664  
     6%
  
    Customer 5 
    $133  
     4% 
    $447  
     4%

    Three months ended September 30, 2024

    Nine months ended September 30, 2024

    Customer
     
    Amount

    % of Revenue

    Amount

    % of
 Revenue

    Customer 1
     
    $
    500

    21
    %
     
    $
    1,945

    20
    %
  
    Customer 2

    300

    12
    %

    1,462

    15
    %
  
    Customer 3

    261

    11
    %

    971

    10
    %
  
    Customer 4

    236

    10
    %

    851

    9
    %
  
    Customer 5
     
    $
    174

    7
    %
     
    $
    633

    7
    %

26

HEALTHCARE TRIANGLE, INC.

Notes To Condensed Consolidated Financial Statements

(Unaudited)

(In thousands except share and per share data)

5) Legal Matters

The Company is not involved in any action, arbitration
and/or other legal proceedings that it expects to have a material adverse effect on the business, financial condition, results of operations
or liquidity of the Company. All legal cost is expensed as incurred.

6) Stock Based Compensation

We estimate the fair value