Company: HCTI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045994
Chunk: 1

Company: Healthcare Triangle, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    8,577

    (5,114
    )
  
    Total liabilities and stockholders’ equity 
     
    $
    11,785

    $
    1,961

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

1

HEALTHCARE TRIANGLE, INC.

Unaudited Condensed Consolidated Statements
of Operations

    Three Months Ended  March 31, 

    2025  
    2024 

    Net revenue 
    $3,704  
    $4,109 

    Cost of revenue (exclusive of depreciation and amortization shown separately below) 
     3,375  
     3,095 

    Operating expenses 

    Research and development 
     144  
     127 
  
    Sales and marketing 
     373  
     883 
  
    General and administrative 
     1,198  
     1,181 
  
    Depreciation and amortization 
     12  
     536 
  
    Total operating expenses 
     1,727  
     2,727 
  
    Loss from operations 
     (1,398) 
     (1,713)
  
    Other income 
     111  
     - 
  
    Interest expense 
     (413) 
     (149)
  
    Loss before income tax 
     (1,700) 
     (1,862)
  
    Provision for income   tax 
     -  
     - 
  
    Net loss 
    $(1,700) 
    $(1,862)
  
    Net loss per common share—basic and diluted 
     (0.17) 
     (0.42)
  
    Weighted average shares outstanding: 

    Basic and diluted 
     9,843,821  
     4,455,245 

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

2

HEALTHCARE TRIANGLE, INC.

Unaudited Consolidated Statements of Changes
in Stockholder’s Equity

    Preferred stock (Series A)  
    Preferred stock (Series B)  
    Common stock  
    Additional  paid-in  
    Accumulated  
    Total stockholders' 

    Shares  
    Amount  
    Shares  
    Amount