Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 26

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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4.87  

             Weighted          Weighted   Average          Average   Remaining      Number of   Exercise   Contractual   Warrants  Warrants   price   Term   Outstanding on January 1, 2024   3,884   $1,989.51    4.07   Outstanding on June 30, 2024   3,884    1,989.51    3.82   Exercisable on June 30, 2024   1,123   $1,989.51    3,82  

The following table summarizes the activities for our unvested warrants
for the six months ended June 30, 2025.  

    Weighted average Grant Date Fair 

    Number of Warrants  
    Value Per warrant 
  
    Unvested on January 1, 2025 
     2,373  
    $873.990 
  
    Granted 
     1,453,433  
     20.92 
  
    Vested 
     (1,453,821) 
     21.17 
  
    Unvested on June 30, 2025 
     1,985  
    $851.78 

21

HEALTHCARE TRIANGLE, INC.

Notes To Condensed Consolidated Financial Statements

(Unaudited)

(In thousands except share and per share data)

11) Other current liability

    Particulars 
    June 30,  2025  
    December 31,  2024 
  
    Other current liability 

    Payroll 
    $230  
    $463 
  
    Audit fees 
     36  
     193 
  
    Insurance 
     55  
     217 
  
    Other 
     349  
     513 
  
    Total 
    $670  
    $1,386 

12) Provision for Income Taxes

The Company accounts for income taxes in accordance
with FASB ASC Topic 740, Income Taxes. Deferred income taxes reflect the net tax effects of temporary differences between the carrying
amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management evaluates
all available evidence about future taxable income and other possible sources of realization of deferred tax