Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 411

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 411
---
 - 
  
    Issue of Options (ISO/NSO) 
     -  
     -  
     -  
     -  
     -  
     -  
     87  
     -  
     87 

    Balance at December 31, 2024 
     6,000  
     -  
     1,600,000  
     7,435  
     5,666,781  
     -  
     21,022  
     (33,571) 
     (5,114)

The accompanying notes are an integral part of
these consolidated financial statements.

F-5

HEALTHCARE TRIANGLE INC

Consolidated Statements of Cash Flows

    Years Ended 

    December 31, 

    2024  
    2023 

    (In thousands) 
  
    Cash flows from operating activities 

    Net loss 
    $(5,969) 
    $(8,686)
  
    Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities 

    Depreciation and amortization 
     889  
     1,566 
  
    Impairment expense 
     -  
     1,710 
  
    Common stock issued for services 
     22  
     108 
  
    Other income 
     (7) 
     (12)
  
    Amortization of debt discount 
     979  
     - 
  
    Conversion fees 
     56  
     - 
  
    Bad debt expense 
     170  
     - 
  
    Stock compensation expenses 
     87  
     166 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     2,315  
     2,270 
  
    Other current assets 
     502  
     (8)
  
    Due from related party 
     (193) 
     771 
  
    Accounts payable and accrued expenses 
     593  
     484 
  
    Other current liabilities 
     (525) 
     (520)
  
    Net cash used in operating activities 
     (1,081) 
     (2,151)

    Cash flows from investing activities 

    (Purchase