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

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 25
---
 terms of the particular open source license. If we combine our proprietary software with open-source software in a certain
manner, we could, under certain open-source licenses, be required to release or license the source code of our proprietary software to
the public. Additionally, if a third-party software provider has incorporated open-source software into software that we license from
such provider, we could be required to disclose any of our source code that incorporates or is a modification of our licensed software.
While we use tools designed to help us monitor and comply with the licenses of third-party open-source software and protect our valuable
proprietary source code, we may inadvertently use third-party open-source software in a manner that exposes us to claims of non-compliance
with the terms of their licenses, including claims of intellectual property rights infringement or for breach of contract. Furthermore,
there exists today an increasing number of types of open-source software licenses, almost none of which have been tested in courts of
law to provide guidance of their proper legal interpretations, and there is a risk that such licenses could be construed in a manner that
imposes unanticipated conditions or restrictions on our use of the open-source software. If we were to receive a claim of non-compliance
with the terms of any of these open-source licenses, we may be required to publicly release certain portions of our proprietary source
code, expend substantial time and resources to re-engineer some of our software, or pay damages, settlement fees or a royalty to use certain
open-source software. Any of the foregoing could disrupt and harm our business.

In addition, the use of third-party open-source
software typically exposes us to greater risks than the use of third-party commercial software because open-source licensors generally
do not provide support, warranties, controls, indemnification, or other contractual protections regarding the functionality or origin
of the software. Use of open-source software may also present additional security risks because the public availability of such software
may make it easier for hackers and other third parties to determine how to compromise our platform. Any of the foregoing could harm our
business, financial condition, results of operations, and prospects and could help our competitors develop products and services that
are similar to or better than ours.

18

Any failure to protect our intellectual property that is not registered
could impair our business.

Although we rely on copyright laws to protect
the works of authorship (including software) created by us, we do not register the copyrights in any of our copyrightable works. Copyrights
of U