Healthcare Triangle Inc
For the period ended Mar 31, 2024. Filed May 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 20, 2024
HCTI$4.21-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands) | ||
| Net revenue | $4,109 | $9,838 |
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 3,095 | 8,245 |
| Operating expenses | ||
| Research and development | 127 | 539 |
| Sales and Marketing | 883 | 1,761 |
| General and Administrative | 1,176 | 1,628 |
| Depreciation and amortization | 536 | 874 |
| Total operating expenses | 2,722 | 4,802 |
| Loss from operation | (1,708) | (3,209) |
| Other income | — | 12 |
| Interest expense | (149) | (62) |
| Loss before income tax | (1,857) | (3,259) |
| Provision for Income tax | (5) | (19) |
| Net loss | $(1,862) | $(3,278) |
| Net loss per common share—basic and diluted | (0.42) | (0.79) |
| Weighted average shares outstanding used in per common share computations: | ||
| Basic and diluted | 4,455,245 | 4,173,286 |
The accompanying notes are an integral part of these consolidated financial statements.
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