Company: HCTI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045994
Chunk: 8

Company: Healthcare Triangle, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 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 maker. Accordingly, such expenses are excluded from segment operating profit and are included below as
“unallocated costs” and adjusted against our total income 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.

Schedule of operating segment

    Three months Ended March 31,  
    Changes 

    (In thousands)  

    2025  
    2024  
    Amount  
    % 
  
    Software services 
    $1,652  
     2,025  
     (373) 
     (18)%
  
    Managed services and support 
     1,982  
     1,996  
     (14) 
     (1)%
  
    Platform services 
     70  
     88  
     (18) 
     (20)%
  
    Revenue 
    $3,704  
    $4,109  
    $(405) 
     (10)%

Operating profit by Operating Segment

    Three months ended March 31, 2025
  
    Particulars 
    Software  Services  
    Managed  Services  
    Platform  Services  
    Total 
  
    Revenue from customers 
     1,734  
     1,900  
     70  
     3,704 
  
    Intersegment revenues 
     -  
     -  
     -  
     - 
  
    Total 
     1,734  
     1,900  
     70  
     3,704 
  
    Less: 

    Elimination of intersegment revenues 
     -  
     -  
     -  
     - 
  
    Cost of revenue 
     (1,543) 
     (1,823) 
     (9) 
     (3,375)
  
    Segmental gross profit 
     191  
     77  
     61  
     329 
  
    Research and development 
     -  
     -  
     144  
     144 
  
    Sales and marketing