Healthcare Triangle, Inc. Files Q2 2024 10-Q

TL;DR

HTRI filed its Q2 10-Q. Check financials.

AI Summary

Healthcare Triangle, Inc. filed its 10-Q for the quarterly period ended June 30, 2024. The company, incorporated in Delaware with its principal executive offices in Pleasanton, CA, operates in the computer integrated systems design sector. This filing provides an update on the company's financial performance and operations for the specified quarter.

Why It Matters

This filing provides investors with the latest financial and operational details for Healthcare Triangle, Inc., crucial for understanding the company's performance and future prospects.

Risk Assessment

Risk Level: medium — As a publicly traded company filing a 10-Q, there are inherent risks associated with financial reporting and market performance.

Key Numbers

• 001-40903 — Commission file number (Identifies the company's SEC filing registration)
• 84-3559776 — I.R.S. Employer Identification No. (Company's tax identification number)

Key Players & Entities

• Healthcare Triangle, Inc. (company) — Registrant
• June 30, 2024 (date) — Quarterly period end date
• Pleasanton, CA (location) — Principal executive office location
• Delaware (location) — State of incorporation
• 7373 (number) — Standard Industrial Classification Code

FAQ

Key Financial Figures

• $0.00001 — ange on which registered Common Stock, $0.00001 par value HCTI The Nasdaq Stock Market

Filing Documents

• ea0211536-10q_healthcare.htm (10-Q) — 969KB
• ea021153601ex31-1_healthcare.htm (EX-31.1) — 10KB
• ea021153601ex31-2_healthcare.htm (EX-31.2) — 10KB
• ea021153601ex32-1_healthcare.htm (EX-32.1) — 4KB
• ea021153601ex32-2_healthcare.htm (EX-32.2) — 3KB
• 0001213900-24-070692.txt ( ) — 6357KB
• hcti-20240630.xsd (EX-101.SCH) — 67KB
• hcti-20240630_cal.xml (EX-101.CAL) — 34KB
• hcti-20240630_def.xml (EX-101.DEF) — 315KB
• hcti-20240630_lab.xml (EX-101.LAB) — 567KB
• hcti-20240630_pre.xml (EX-101.PRE) — 315KB
• ea0211536-10q_healthcare_htm.xml (XML) — 840KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial statements

Item 1. Financial statements 1 Unaudited Condensed Consolidated Balance sheets 1 Unaudited Condensed Consolidated Statements of Operations 2 Unaudited Consolidated Statements of Changes in Stockholders' Equity (Deficit) 3 Unaudited Condensed Consolidated Statements of Cash Flows 4 Notes to Unaudited Condensed Consolidated Financial Statements 5

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 32

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 41

Controls and Procedures

Item 4. Controls and Procedures 41

- OTHER INFORMATION

PART II - OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings 42

Risk Factors

Item 1A. Risk Factors 42

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 42

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 42

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 42

Other Information

Item 5. Other Information 42

Exhibits

Item 6. Exhibits 43

Signatures

Signatures 44 i NOTE ABOUT FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, including the sections titled "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors," contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, involving substantial risks and uncertainties. The words "believe," "may," "will," "potentially," "plan," "could," "should," "predict," "ongoing," "estimate," "continue," "anticipate," "intend," "project," "expect," "seek," or the negative of these words, or terms or similar expressions conveying uncertainty of future events or outcomes, or that concern our expectations, strategy, plans or intentions, are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, or expected. When considering forward-looking and in our publicly available filings and press releases. These statements include, among other things, those regarding: our ability to continue to add new customers and increase sales to our existing customers; our ability to develop new solutions and bring them to market in a timely manner; our ability to timely and effectively scale and adapt our existing solutions; our dependence on establishing and maintaining a strong brand; the occurrence of service interruptions and security or privacy breaches and related remediation efforts and fines; system failures or capacity constraints; the rate of growth of, and anticipated trends and challenges in, our business and in the market for our products; our future financial performance, including our expectations regarding our r

View Full Filing

View this 10-Q filing on SEC EDGAR