Company: HCTI
Filing Date: 2025-02-18
Form Type: 10-K/A
Source: 0001213900-25-014503
Chunk: 64

Company: Healthcare Triangle, Inc.
Filing Date: 2025-02-18
Form: 10-K/A
Chunk 64
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|:----|:--------|-------:|:----|:----|--:|:--|
| General and administrative |     | $              | 5,727 |     | $ | 5,522 |     | $       |    205 |     |     | 4 | % |

General and administrative expenses increased by $0.20 million, or 4 % to $5.7 million for the twelve months ended December 31, 2023, as compared to $5.5 million for the twelve months ended December 31, 2022. 42 Depreciation and amortization

|                               |     | Twelve Months Ended 
 December            
 31,                 
 (In thousands)      |  2023 |     |   |  2022 |     | Changes | Amount |   |     |     | %   |    |
|:------------------------------|:----|:--------------------|------:|:----|:--|------:|:----|:--------|:-------|:--|:----|:----|:----|:---|
| Depreciation and amortization |     | $                   | 1,566 |     | $ | 2,942 |     | $       | (1,376 | ) |     |     | (47 | )% |

Depreciation and amortization expenses decreased by $1.4 million, or 47% to $1.6 million for the twelve months ended December 31, 2023, as compared to $2.9 million for the twelve months ended December 31, 2022. Impairment expense

|                    |     | Twelve Months Ended 
 December            
 31,                 
 (In thousands)      |  2023 |     |   |  2022 |     | Changes | Amount |   |     |     | %   |    |
|:-------------------|:----|:--------------------|------:|:----|:--|------:|:----|:--------|:-------|:--|:----|:----|:----|:---|
| Impairment expense |     | $                   | 1,710 |     | $ | 4,366 |     | $       | (2,656 | ) |     |     | (61 | )% |

Impairment expenses decreased by $2.7 million, or 61% to $1.7 million for the twelve months ended