Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 364

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 364
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/Advisory services. The Company received services amounting to $335 and $377 for the year ended December 31, 2024, and 2023 respectively.
The Company has paid for these services during the year.

The Company does not have any signed lease agreement
on its name and currently operates from two office locations leased by SecureKloud. The Company has entered into a sublease agreement
with SecureKloud and paid rent of $135 and $235 for the year ended December 31, 2024, and 2023 respectively.

The Company has made $181 from sales to
related parties for the year ended December 31, 2024, and $38 for the year ended December 31, 2023.

The Company has acquired intangibles of $0 from
related parties for the year ended December 31, 2024, and $0 for the year ended December 31, 2023.

The Company had entered into a Master Services
Agreement with SecureKloud. As per the Master Services Agreement, SecureKloud provides administrative and technical services. The initial
period of the agreement is for a period of three years which is extendable based on mutual consent. The Company received services amounting
to $0 and $650 for the year ended December 31, 2024, and 2023 respectively. The Company has paid for these services during the year and
there is no outstanding balance as at the year end.

The receivable from related parties as of December
31, 2024, was $138 and for the year ended December 31, 2023, was $14.

The balance due from affiliates as of December
31, 2024, was $497 and for the year ended December 31, 2023, was $304.

Item 14. Principal Accountant Fees and Services

Audit and Non-Audit Fees

The table below presents the aggregate fees billed
for professional services rendered by M&K CPAS P LLC for the years ended December 31, 2024, and 2023.

    2024  
    2023 
  
    Audit fees 
    $228,000  
    $271,000 
  
    Administrative fees 
    $22,800  
    $27,000 
  
    All other fees 
     -  
     - 
  
    Total fees 
    $250,800  
    $298,000