Company: HCTI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076686
Chunk: 0

Company: Healthcare Triangle, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
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Item 1. Financial statements (In thousands of US $, unless otherwise
noted)

HEALTHCARE TRIANGLE, INC.

Interim Condensed Consolidated Balance Sheets

    June 30,  
    December 31, 

    2025  
    2024 

    (Unaudited)  

    Assets 

    Current assets 

    Cash and cash equivalents 
    $3,228  
    $20 
  
    Accounts receivable (net-off provision of $185) 
     1,862  
     1,110 
  
    Due from affiliates 
     3,320  
     497 
  
    Other current assets 
     455  
     322 
  
    Total current assets 
     8,865  
     1,949 
  
    Furniture and equipment, net 
     3  
     12 
  
    Goodwill and other intangibles, net 
     5,700  
     - 
  
    Total assets 
    $14,568  
    $1,961 

    Liabilities and stockholders’ equity (deficit) 

    Current liabilities 

    Accounts payable 
    $2,074  
    $2,539 
  
    Short term borrowing 
     415  
     2,650 
  
    Other current liabilities 
     670  
     1,386 
  
    Total current liabilities 
     3,159  
     6,575 

    Long-term liabilities 

    Contingent consideration 
     1,200  
     500 
  
    Total current and long-term liabilities 
     4,359  
     7,075 

    Stockholders’ equity 

    Series B Preferred Stock, par value $0.00001; 10,000,000 authorized issued convertible preferred stock 1,600,000 as of June 30, 2025, and as of December 31, 2024 
     7,435  
     7,435 
  
    Series A, Super Voting Preferred Stock - 20,000 shares (1,000 votes per share) 
     -  
     - 
  
    Common stock, par value $0.00001; 2,000,000,000 authorized 5,831,829 and 22,759 shares issued and outstanding