Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 300

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 300
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 for the twelve months ended December 31, 2024 as compared to $1.57 million for the twelve months ended December 31,2023	

Impairment expense

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Impairment expense 
    $-  
    $1,710  
    $(1,710) 
     (100)%

Impairment expense decreased by $1.71 million,
or 100 % to $0 million for the twelve months ended December 31, 2024 as compared to $1.71 million for the twelve months ended December
31,2023

42

Interest expense

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Interest expense 
    $1,213  
    $968  
    $245  
     (25)%

Interest expense increased by $0.24 million, or
25 % to $1.21 million for the twelve months ended December 31, 2024 as compared to $0.97 million for the twelve months ended December
31,2023 

Other income

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Other income 
    $7  
    $12  
    $(5) 
     (42)%

Other income decreased by $0.005 million, or 42 % to $0.007 million
for the twelve months ended December 31, 2024, as compared to $0.012 million for the twelve months ended December 31, 2023.

Provision for income taxes

    Twelve Months Ended  

    December 31,  

    (In thousands)  
    Changes 

    2024  
    2023  
    Amount  
    % 
  
    Provision for income taxes 
    $12  
    $35  
    $(23) 
     (66)%

Provision for income taxes decreased by $0.02
million, or