2024 Q2 Form 10-Q Financial Statement

#000121390024045251 Filed on May 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q4
Revenue $2.984M $4.109M $7.060M
YoY Change -65.0% -58.23% -37.48%
Cost Of Revenue $2.086M $3.095M $5.530M
YoY Change -68.29% -62.46% -41.65%
Gross Profit $898.0K $1.070B $1.530M
YoY Change -53.88% 67068.86% -15.66%
Gross Profit Margin 30.09% 26040.4% 21.67%
Selling, General & Admin $1.535M $2.059M $1.602M
YoY Change -41.81% -39.24% -44.66%
% of Gross Profit 170.94% 0.19% 104.71%
Research & Development $207.0K $127.0K $104.0K
YoY Change 102.94% -76.44% -96.25%
% of Gross Profit 23.05% 0.01% 6.8%
Depreciation & Amortization $9.000K $11.00K $4.844M
YoY Change -98.88% -98.74% 432.31%
% of Gross Profit 1.0% 0.0% 316.6%
Operating Expenses $2.276M $2.722M $6.550M
YoY Change -35.74% -43.32% -0.38%
Operating Profit -$1.378M -$1.708M -$5.020M
YoY Change -13.61% -46.77% 5.44%
Interest Expense -$131.0K -$149.0K -$305.0K
YoY Change -29.57% -340.32% 267.47%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0% -100.0%
Pretax Income -$1.509M -$1.857M -$5.325M
YoY Change -15.27% -43.02% 9.79%
Income Tax $1.000K $5.000K $7.000K
% Of Pretax Income
Net Earnings -$1.510M -$1.862M -$5.332M
YoY Change -15.45% -43.2% 9.64%
Net Earnings / Revenue -50.6% -45.32% -75.52%
Basic Earnings Per Share -$0.28 -$0.42
Diluted Earnings Per Share -$0.28 -$0.42 -$1.26
COMMON SHARES
Basic Shares Outstanding 5.617M shares 4.650M shares 4.278M shares
Diluted Shares Outstanding 5.316M shares 4.455M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.00K $301.0K $1.234M
YoY Change -78.03% 12.73% -7.98%
Cash & Equivalents $29.00K $301.0K $1.234M
Short-Term Investments
Other Short-Term Assets $299.0K $773.0K $1.259M
YoY Change -63.36% 16.94% 54.29%
Inventory
Prepaid Expenses
Receivables $2.005M $2.095M $3.236M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.333M $3.169M $5.729M
YoY Change -56.99% -50.79% -26.07%
LONG-TERM ASSETS
Property, Plant & Equipment $24.00K $33.00K $44.00K
YoY Change -57.89% -50.75% -45.0%
Goodwill
YoY Change
Intangibles $3.301M $3.637M $3.611M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $3.688M $3.703M $4.320M
YoY Change -65.35% -70.19% -66.8%
TOTAL ASSETS
Total Short-Term Assets $2.333M $3.169M $5.729M
Total Long-Term Assets $3.688M $3.703M $4.320M
Total Assets $6.021M $6.872M $10.05M
YoY Change -62.53% -63.56% -51.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.937M $2.013M $1.953M
YoY Change 109.18% 54.02% 31.87%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.726M $1.795M $3.429M
YoY Change -51.12% -39.05% 42.16%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.167M $5.995M $8.123M
YoY Change 6.51% -18.21% 32.12%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $888.0K $888.0K
YoY Change
Other Long-Term Liabilities $500.0K $500.0K $500.0K
YoY Change -77.55% -77.55% -77.54%
Total Long-Term Liabilities $500.0K $1.388M $1.388M
YoY Change -77.55% -37.67% -37.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.167M $5.995M $8.123M
Total Long-Term Liabilities $500.0K $1.388M $1.388M
Total Liabilities $6.667M $7.383M $9.511M
YoY Change -16.84% -22.75% 13.56%
SHAREHOLDERS EQUITY
Retained Earnings -$28.28M -$26.77M -$24.91M
YoY Change 60.37% 68.95% 98.16%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$646.0K -$511.0K $538.0K
YoY Change
Total Liabilities & Shareholders Equity $6.021M $6.872M $10.05M
YoY Change -62.53% -63.56% -51.6%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income -$1.510M -$1.862M -$5.332M
YoY Change -15.45% -43.2% 9.64%
Depreciation, Depletion And Amortization $9.000K $11.00K $4.844M
YoY Change -98.88% -98.74% 432.31%
Cash From Operating Activities -$935.0K -$50.00K $1.214M
YoY Change -23.42% -96.88% -154.49%
INVESTING ACTIVITIES
Capital Expenditures $6.000K
YoY Change -57.14%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$6.000K
YoY Change -57.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 663.0K -$883.0K -49.00K
YoY Change -38.95% -265.67% -91.27%
NET CHANGE
Cash From Operating Activities -935.0K -$50.00K 1.214M
Cash From Investing Activities -6.000K
Cash From Financing Activities 663.0K -$883.0K -49.00K
Net Change In Cash -272.0K -$933.0K 1.159M
YoY Change 101.48% -13.13% -141.35%
FREE CASH FLOW
Cash From Operating Activities -$935.0K -$50.00K $1.214M
Capital Expenditures $6.000K
Free Cash Flow -$50.00K $1.208M
YoY Change -96.89% -153.88%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
001-40903
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
HEALTHCARE TRIANGLE, INC.
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-3559776
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
7901 Stoneridge Drive
CY2024Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 220
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Pleasanton
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94588
CY2024Q1 dei City Area Code
CityAreaCode
(925)
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
270-4812
CY2024Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.00001 par value
CY2024Q1 dei Trading Symbol
TradingSymbol
HCTI
CY2024Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2024Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5616781 shares
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
301000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1234000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2095000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3236000 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
773000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1259000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
3169000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
5729000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3637000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3972000 usd
CY2024Q1 us-gaap Assets
Assets
6872000 usd
CY2023Q4 us-gaap Assets
Assets
10049000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2013000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1953000 usd
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1144000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
954000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
1795000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
3429000 usd
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1043000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1787000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
5995000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8123000 usd
CY2024Q1 us-gaap Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
500000 usd
CY2023Q4 us-gaap Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
500000 usd
CY2024Q1 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
888000 usd
CY2023Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
888000 usd
CY2024Q1 us-gaap Liabilities
Liabilities
7383000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
9511000 usd
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4726217 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4726217 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4308822 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4308822 shares
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
0 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
0 usd
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
26256000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
25443000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26767000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-24905000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-511000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
538000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6872000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10049000 usd
CY2024Q1 us-gaap Revenues
Revenues
4109000 usd
CY2023Q1 us-gaap Revenues
Revenues
9838000 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
3095000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
8245000 usd
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
127000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
539000 usd
CY2024Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
883000 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1761000 usd
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1176000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1628000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
536000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
874000 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
2722000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
4802000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1708000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3209000 usd
CY2023Q1 us-gaap Other Income
OtherIncome
12000 usd
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-149000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-62000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1857000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3259000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-1862000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3278000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.79
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4455245 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4173286 shares
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
538000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-1862000 usd
CY2024Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
787000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
26000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-511000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
12388000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3278000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
142000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
51000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
9303000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-1862000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3278000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
11000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
17000 usd
CY2024Q1 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
335000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
857000 usd
CY2024Q1 hcti Percentage Of Unallocated Costs
PercentageOfUnallocatedCosts
-0.26 pure
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1708000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3209000 usd
CY2024Q1 hcti Changes In Incomeloss From Operations
ChangesInIncomelossFromOperations
1501000 usd
CY2024Q1 hcti Warrant Liability
WarrantLiability
190000 usd
CY2023Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
51000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
36000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
26000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
142000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1141000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-80000 usd
CY2024Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-486000 usd
CY2023Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-155000 usd
CY2024Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-271000 usd
CY2023Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
276000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
60000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-174000 usd
CY2024Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-744000 usd
CY2023Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
823000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-50000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1603000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4000 usd
CY2024Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-883000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
533000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-883000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
533000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-933000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1074000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1234000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1341000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
301000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
267000 usd
CY2024Q1 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
787000 usd
CY2024Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
149000 usd
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
62000 usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19000 usd
CY2024Q1 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
956000 usd
CY2023Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.15 pure
CY2023Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
5200000 usd
CY2023Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4420000 usd
CY2023Q4 hcti Repaid Amount
RepaidAmount
1181250 usd
CY2023Q4 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
1181250 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements is in conformity with GAAP which requires us to make estimates, judgments and assumptions that affect the financial statements and the notes thereto. These estimates are based on information available as of the date of the financial statements. On a regular basis, management evaluates these estimates and assumptions. Items subject to such estimates and assumptions include, but are not limited to:</p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left">●</td><td style="text-align: justify">the standalone selling price for each distinct performance obligation</td> </tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left">●</td><td style="text-align: justify"><span style="font-size: 10pt">the determination of the period of benefit for amortization of deferred costs.</span></td> </tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">the fair value of assets acquired, and liabilities assumed for business combinations.</span></td> </tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Share based compensation including warrants</span></td> </tr></table>
CY2024Q1 us-gaap Gross Profit
GrossProfit
1070000000.00 usd
CY2024Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
1000000000 usd
CY2024Q1 us-gaap Revenues
Revenues
4109000 usd
CY2023Q1 us-gaap Revenues
Revenues
9838000 usd
CY2024Q1 hcti Changes In Revenue
ChangesInRevenue
-5729000 usd
CY2024Q1 hcti Percentage Of Changes In Revenue
PercentageOfChangesInRevenue
-0.58 pure
CY2024Q1 hcti Segment Operatingloss Profit
SegmentOperatinglossProfit
-115000 usd
CY2023Q1 hcti Segment Operatingloss Profit
SegmentOperatinglossProfit
-1046000 usd
CY2024Q1 hcti Changes In Segment Operatingloss Profit
ChangesInSegmentOperatinglossProfit
931000 usd
CY2024Q1 hcti Percentage Of Changes In Segment Operating Loss Profit
PercentageOfChangesInSegmentOperatingLossProfit
-0.89 pure
CY2024Q1 hcti Unallocated Costsvalue
UnallocatedCostsvalue
1593000 usd
CY2023Q1 hcti Unallocated Costsvalue
UnallocatedCostsvalue
2163000 usd
CY2024Q1 hcti Changes In Unallocated Costs
ChangesInUnallocatedCosts
-570000 usd
CY2024Q1 hcti Percentage Of Incomeloss From Operations
PercentageOfIncomelossFromOperations
-0.47 pure
CY2023Q1 us-gaap Other Income
OtherIncome
12000 usd
CY2024Q1 hcti Changes In Other Income
ChangesInOtherIncome
-12000 usd
CY2024Q1 hcti Percentage Of Other Income
PercentageOfOtherIncome
-1 pure
CY2024Q1 us-gaap Interest Expense
InterestExpense
-149000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
-62000 usd
CY2024Q1 hcti Changes In Interest Expense
ChangesInInterestExpense
-87000 usd
CY2024Q1 hcti Percentage Of Interest Expense
PercentageOfInterestExpense
1.40 pure
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1857000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3259000 usd
CY2024Q1 hcti Changes In Net Incomeloss Before Income Tax Expenses
ChangesInNetIncomelossBeforeIncomeTaxExpenses
1402000 usd
CY2024Q1 hcti Percentage Of Net Incomeloss Before Income Tax Expenses
PercentageOfNetIncomelossBeforeIncomeTaxExpenses
-0.43 pure
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1008000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1344000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2095000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3236000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
222 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1285000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3637000 usd
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1144000 usd
CY2024Q1 us-gaap Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
500000 usd
CY2024Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
268 usd
CY2023 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
214 usd
CY2024Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Concentrations</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and trade receivables. Credit risks associated with trade receivables is minimal due to the Company’s customer base which consist of large customer base and ongoing procedures, which monitor the credit worthiness of its customers. For the quarter ended March 31, 2024 and 2023 revenue from the top five customers accounted for approximately 70% and 80% of total revenue respectively. For the quarter ended March 31, 2024 and year ended December 31, 2023 accounts receivable from five major customers accounted for approximately 63% and 78% of the total accounts receivables.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company maintains cash balances in various financial institutions. The balances are generally insured by the Federal Deposit Insurance Corporation up to $250,000 (valid through March 31, 2024) per institution.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of March 31, 2024 and December 31, 2023, the Company had $5 and $667 respectively, of uninsured cash balances. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.</p>
CY2024Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000000 usd
CY2024Q1 us-gaap Cash Uninsured Amount
CashUninsuredAmount
5 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
667000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
132000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
132000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
99000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
88000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
11000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
17000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15887000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12250000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3637000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15887000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11915000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3972000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
335000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
857000 usd
CY2024Q1 hcti Due From Other Related Parties Noncurrents
DueFromOtherRelatedPartiesNoncurrents
52000 usd
CY2023Q1 hcti Due From Other Related Parties Noncurrents
DueFromOtherRelatedPartiesNoncurrents
146000 usd
CY2024Q1 hcti Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
33000 usd
CY2023Q1 hcti Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
67000 usd
CY2024Q1 hcti Unvested Common Stock
UnvestedCommonStock
8372 shares
CY2024Q1 hcti Earnout Payment
EarnoutPayment
2500000 usd
CY2024Q1 us-gaap Goodwill Gross
GoodwillGross
1289000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
6018000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
1289000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
970000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
3142000 usd
CY2024Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
11419000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
758000 usd
CY2024Q1 hcti Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Short Term Borrowing
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesShortTermBorrowing
2209000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
679000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
3646000 usd
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
7773000 usd
CY2024Q1 hcti Business Combinations Total Purchase Price
BusinessCombinationsTotalPurchasePrice
7773000 usd
CY2024Q1 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
362000 usd
CY2023Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
1112000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
888000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
888000 usd
CY2024Q1 us-gaap Convertible Debt
ConvertibleDebt
1250000 usd
CY2023Q4 us-gaap Convertible Debt
ConvertibleDebt
2000000 usd
CY2024Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3577000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3132000 usd
CY2024Q1 us-gaap Proceeds From Loans
ProceedsFromLoans
750000000 usd
CY2024Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
37500000 usd
CY2024Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
787500000 usd
CY2024Q1 us-gaap Shares Issued
SharesIssued
417395000 shares
CY2024Q1 us-gaap Debt Instrument Convertible Liquidation Preference Per Share
DebtInstrumentConvertibleLiquidationPreferencePerShare
7.99
CY2024Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
1144000 usd
CY2024Q1 hcti Prime Rate Plus
PrimeRatePlus
0.01 pure
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
1795000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
3429000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.50 pure
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3635000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3322000 usd
CY2024Q1 hcti Deferred Tax Assets Tax Stockbased Compensation Stockbased Compensation
DeferredTaxAssetsTaxStockbasedCompensationStockbasedCompensation
7000 usd
CY2023Q4 hcti Deferred Tax Assets Tax Stockbased Compensation Stockbased Compensation
DeferredTaxAssetsTaxStockbasedCompensationStockbasedCompensation
18000 usd
CY2024Q1 hcti Deferred Tax Assets Warrants
DeferredTaxAssetsWarrants
-51000 usd
CY2023Q4 hcti Deferred Tax Assets Warrants
DeferredTaxAssetsWarrants
-172000 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3577000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3132000 usd
CY2024Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5000 usd
CY2023Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
19000 usd
CY2024Q1 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
5000 usd
CY2023Q1 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
19000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
538265 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
20000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
17110 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
535375 shares
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.24
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.8
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
3.5
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
1.59
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
576000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
454000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
120000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1862000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3278000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4455245 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4173286 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.79
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.79
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4173286 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4455245 shares
CY2024Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
CY2024Q1 hcti Stock Issued During Period Value Adjustments
StockIssuedDuringPeriodValueAdjustments
usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023Q1 hcti Stock Issued During Period Value Adjustments
StockIssuedDuringPeriodValueAdjustments
usd
CY2024Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
usd
CY2024Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2024Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2024Q1 hcti Increase In Additional Paidup Capital
IncreaseInAdditionalPaidupCapital
usd
CY2023Q1 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
usd
CY2024Q1 hcti Business Combination Recognized Working Capital
BusinessCombinationRecognizedWorkingCapital
usd
CY2024Q1 hcti Warrants Recognized Cost
WarrantsRecognizedCost
usd
CY2023Q1 hcti Warrants Recognized Cost
WarrantsRecognizedCost
usd
CY2024Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2024Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
usd
CY2024Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2024Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2023Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
usd
CY2024Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
usd
CY2024Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.79
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001839285

Files In Submission

Name View Source Status
0001213900-24-045251-index-headers.html Edgar Link pending
0001213900-24-045251-index.html Edgar Link pending
0001213900-24-045251.txt Edgar Link pending
0001213900-24-045251-xbrl.zip Edgar Link pending
ea0204678-10q_healthcare.htm Edgar Link pending
ea020467801ex31-1_healthcare.htm Edgar Link pending
ea020467801ex31-2_healthcare.htm Edgar Link pending
ea020467801ex32-1_healthcare.htm Edgar Link pending
ea020467801ex32-2_healthcare.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hcti-20240331.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
hcti-20240331_cal.xml Edgar Link unprocessable
hcti-20240331_def.xml Edgar Link unprocessable
hcti-20240331_lab.xml Edgar Link unprocessable
hcti-20240331_pre.xml Edgar Link unprocessable
ea0204678-10q_healthcare_htm.xml Edgar Link completed
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable