Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 247

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 247
---
 
  
    Balance available under the plan on January 1, 2023 
     422,719  
     —  
     —  
     —  
     422,719 
  
    Granted 
     (171,500) 
    $3.63  

     (171,500)
  
    Cancelled/expired 
     26,369  

     26,369 
  
    Balance available under the plan on December 31, 2023 
     277,588  

     277,588 

The following table summarizes the activities for our unvested options
for the year ended December 31, 2024

    Number of  
    Weighted average Grant Date Fair Value 

    Shares  
    Per Share 
  
    Unvested on January 1, 2024 
     134,438  
    $1.98 
  
    Granted 
     20,000  
     0.66 
  
    Vested 
     (75,828) 
     1.50 
  
    Forfeited 
     (42,761) 
     2.30 
  
    Unvested on December 31, 2024 
     35,849  
    $1.88 

The following table summarizes the activities for our unvested options
for the year ended December 31, 2023

    Number of  
    Weighted average Grant Date Fair Value 

    Shares  
    Per Share 
  
    Unvested on January 1, 2023 
     67,778  
    $1.81 
  
    Granted 
     171,500  
     1.81 
  
    Vested 
     (88,039) 
     1.51 
  
    Forfeited 
     (16,801) 
     1.98 
  
    Unvested on December 31, 2023 
     134,438  
    $1.98 

The weighted-average grant date fair value of
options granted in the years ended December 31, 2024, and 2023 was $0.66 and $1.81, respectively. The fair value of the options that vested
during the years ended December 31, 2024, and 2023, was $8 and $