Company: HCTI
Filing Date: 2025-02-18
Form Type: 10-K/A
Source: 0001213900-25-014503
Chunk: 92

Company: Healthcare Triangle, Inc.
Filing Date: 2025-02-18
Form: 10-K/A
Chunk 92
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 |     |
| Financial liabilities:                       |     |                           |   |     |         |   |     |         |     |     |       |     |
| Acquisition-related contingent consideration |     |                           | — |     |         | — |     | $       | 500 |     | $     | 500 |

|                                              |     | December 31, 2022         |   |     |         |   |     |         |     |     |       |     |
|:---------------------------------------------|:----|:--------------------------|:--|:----|:--------|:--|:----|:--------|----:|:----|:------|----:|
|                                              |     | Fair Value Measured Using |   |     |         |   |     |         |     |     |       |     |
|                                              |     | -In thousands             |   |     |         |   |     |         |     |     |       |     |
|                                              |     | Level 1                   |   |     | Level 2 |   |     | Level 3 |     |     | Total |     |
| Financial liabilities:                       |     |                           |   |     |         |   |     |         |     |     |       |     |
| Acquisition-related contingent consideration |     |                           | — |     |         | — |     | $       | 625 |     | $     | 500 |

Stock-Based Compensation

The Company accounts for stock-based awards to employees and consultants in accordance with applicable accounting principles, which require compensation expense related to share-based transactions, including employee stock options, to be measured and recognized in the financial statements based on a determination of the fair value of the stock options over the instruments vesting period. Options awarded to purchase shares of common stock issued to non-employees do not need to be remeasured as per ASU 2018-07 principles.

The Company adopted the “2020 Stock Incentive Plan” (Plan).
The Company has reserved shares of the Company’s Common stock.

F-23 Income taxes The provision for income taxes was determined using the asset and liability approach of accounting for income taxes. Under this approach, deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The provision for income taxes represents income taxes paid or payable for the current year plus the change in deferred taxes during the period. Deferred taxes result from differences between the financial and