Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 838

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 838
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 ultimately equaling net income less net income attributable to participating securities.
Diluted EPS for the Company’s common stock is computed using the more dilutive of the two-class method or the treasury stock method.

Schedule of earning per share

    Twelve Months Ended 

    December 31, 

    2024  
    2023 

    (In thousands) 
  
    Net income attributable to common stockholders 
    $(5,969) 
    $(8,686)
  
    Weighted average shares outstanding used in basic per common share computations 
     5,278,293  
     4,179,140 
  
    Basic / Dilutive EPS 
    $(1.13) 
    $(2.08)

15) Subsequent Events

The following subsequent events have occurred.

Convertible Note:

(i)The
Company converted convertible note principal of $875,000 and conversion fees of $315,865 by issuing 2,629,038 common stocks at an average
price of $0.45

(ii)On
March 6, 2025, the Company repaid its outstanding convertible note for a value of $1.50 million.

(iii)On February 28, 2025, the Company announced a private offering
of common stock and issued 36,190,476 shares at a price of $0.42 per share, for gross proceeds of approximately $15.2 million. Net proceeds
to the Company were approximately $13.68 million, after deducting placement agent fees and other expenses payable by the Company. The
Company expects to use the net proceeds from the offering for future acquisitions, general corporate purposes, and working capital requirements.

(iv)On February 24, 2025, the Company executed a settlement agreement
as follows:

  Particulars  Liability 
as of 
12.31.2024   Amount   Settlement type  Number of 
common stocks 
issued (1)   Contingent    500,000    100,000   Cash (2)   -   consideration        400,000   Common stock   594,130   Commission   285,918    22,049   Cash (3)   -            88,194   Common stock   130,997   Commission   45,166    30,306   Cash (