Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 105

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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470 
  
    Unvested on June 30, 2025 
     -  
    $- 

The following table summarizes the activities for our unvested
options for the year ended June 30, 2024

    Number of  
    Weighted  average Grant Date  Fair Value 

    Shares  
    Per Share 
  
    Unvested on January 1, 2024 
     541  
    $1,000 
  
    Vested 
     (87) 
     895 
  
    Forfeited 
     (70) 
     1,055 
  
    Unvested on March 31, 2024 
     384  
    $1,000 
  
    Vested 
     (51) 
     960 
  
    Unvested on June 30, 2024 
     332  
    $1,000 

The weighted-average grant date fair value of
options granted during the quarter ended June 30, 2025, was $0 and $0 during the quarter ended June 30, 2024.

 As of June 30, 2025, there was no unrecognized
share-based compensation expense related to unvested options.

Schedule of assumptions

    Fair value assumptions 
    2024  
    2023 
  
    Expected volatility 
     45%-52 % 
     45%-52 %
  
    Expected terms (in years) 
     4  
     4 
  
    Risk-free interest rate 
     4.70%-5.70 % 
     4.60%-5.46 %
  
    Dividend yield 
     0% 
     0%

29

HEALTHCARE TRIANGLE, INC.

Notes To Condensed Consolidated Financial Statements

(Unaudited)

(In thousands except share and per share data)

16) Net Income per share

The Company presents basic and diluted earnings
per share (“EPS”) data for its common stock. Basic EPS is calculated by dividing the net income attributable to stockholders
of the Company by the weighted average number of shares of common stock outstanding during the period. Diluted EPS is determined by adjusting
the net income attributable to stockholders of the Company and the weighted average number of shares of common stock outstanding during
the period for the effects of all dilutive potential common stocks, including awards under stock-based compensation arrangements.

The