Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 110

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 110
---
)

The weighted-average grant date fair value of
options granted during the quarter ended September 30, 2025, was $2.62 and nil during the quarter ended September 30, 2024.

The following table summarizes the activities for our unvested options
for the year ended September 30, 2025

    Number of  
    Weighted  average  Grant Date  Fair Value 

    Shares  
    Per Share 
  
    Unvested on January 1, 2025 
     143  
    $470 
  
    Vested 
     (143) 
     470 
  
    Unvested on September 30, 2025 
     -  
    $- 

As of September 30, 2025, there was no unrecognized
share-based compensation expense related to unvested options.

A summary of option activity under the employee
share option plan as of September 30, 2024, and changes during the year then ended is presented below.

    Options  
    Shares of Stock 

    No. of Options  
    Weighted Average Price  
    No. of Shares  
    Weighted Average Price  
    Total 
  
    Balance available under the plan on January
    1, 2024 
     2,162  
     —  
     —  
     —  
     2,162 
  
    Granted 
     (111) 
     443  

     (111)
  
    Cancelled/expired 
     224  

     224 
  
    Issued 
     —  
     —  
     —  
     —  
     — 
  
    Balance available under the plan on September 30, 2024 
     2,275  

     2,275 

The following table summarizes the activities for our unvested options
for the period ended September 30, 2024

    Number of  
    Weighted  average Grant Date  Fair Value 

    Shares  
    Per Share 
  
    Unvested on January 1, 2024 
     544  
    $996 
  
    Vested 
     (203) 
     936 
  
    Forfeited 
     (71) 
     1050.78