HCTI
Healthcare Triangle, Inc.2.0900
-0.1800-7.93%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
15.18MP/E (TTM)
-Basic EPS (TTM)
-59.51Dividend Yield
0%Recent Filings
8-K
8-K
8-K
HCTI issues $7.5M OID notes
Healthcare Triangle inked a securities purchase agreement on November 20, 2025, issuing 20% OID senior unsecured convertible notes with $7.5M initial principal for $6M cash, maturing November 20, 2026. Notes convert at the greater of 80% of the prior five-day low or $0.38/share; a second $7.5M tranche awaits registration effectiveness. Investors dictate terms. Dilution looms large.
8-K
ATM offering up to $20M
Healthcare Triangle inked an at-the-market offering agreement with Spartan Capital on November 18, 2025, enabling up to $20 million in common stock sales via Nasdaq or other markets. Spartan earns 3.0% commission on gross proceeds; the company controls sale parameters and can suspend anytime. No sales obligation exists. Termination hits after full sales or per terms.
10-Q
Q3 FY2026 results
Healthcare Triangle posted Q3 revenue of $3.5M, up 45% y/y from $2.4M yet down q/q from stronger H1 momentum, driven by software services surging 155% y/y to $2.0M while managed services dipped 12%. Gross margins shrank to 18% from 30% y/y on lower-margin acquired contracts, fueling a $2.6M operating loss versus $1.2M prior year; net loss of $1.9M reflects $0.7M other income offsetting higher sales/marketing spend. Cash climbed to $1.6M on $12.6M equity raises, with short-term borrowing at $1.5M; closed Ezovion acquisition June 2025 for $5.7M (cash/stock/contingent), booking $5.9M goodwill and $191K intangibles (1.5-year life). Operating cash burned $9.7M YTD. Customer concentration persists.
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