Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 164

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 164
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 (66)%

Research and Development expenses decreased by
$0.11 million, or 66% to $0.05 million for the quarter ended September 30, 2025, as compared to $0.17 million for the quarter ended September
30, 2024.

38

Sales and Marketing

    Three Months Ended September
    30,  
    Changes 

    2025  
    2024  
    Amount  
    % 

    Sales and marketing 
    $1,022  
    $294  
    $728  
     248%

Sales and Marketing expenses increased by $0.72
million, or 248% to $1.02 million for the quarter ended September 30, 2025, as compared to $0.29 million for the quarter ended September
30, 2024.

General and Administrative

    Three Months Ended September 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 

    General and administrative 
    $2,085  
    $1,077  
    $1,008  
     94%

General and Administrative expenses increased by $1.00 million, or
94% to $2.08 million for the quarter ended September 30, 2025, as compared to $1.07 million for the quarter ended September 30, 2024.

Depreciation and Amortization

    Three Months Ended September 30,  
    Changes 

    2025  
    2024  
    Amount  
    % 

    Depreciation and amortization 
    $63  
    $343  
    $(280) 
     (82)%

Depreciation and Amortization expenses decreased by $0.28 million,
or 82% to $0.06 million for the quarter ended September 30, 2025, as compared to $0.34 million for the quarter ended September 30, 2024.

Interest Expense

    Three Months Ended September
    30,  
    Changes 

    2025  
    2024  
    Amount  
    % 

    Interest expense 
    $32  
    $80  
    $(48) 
     (60)%

Interest expenses decreased by $0.04 million,
or 60%