Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 175

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 175
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 useful. Accordingly, we may be
subject to claims or liability for inaccurate data. These claims or liabilities could damage our reputation, subject us to unexpected
costs and could have a material adverse impact on our business, results of operations or financial condition.

Additionally,
in recent years, consumer advocates, media and elected officials increasingly and publicly have criticized companies in data focused
industries regarding the collection, storage and use of personal data. Concerns about our practices with regard to the collection, use,
disclosure or security of personal information or other privacy related matters, even if unfounded, could damage our reputation and adversely
affect our business, results of operations or financial condition.

It
is difficult to predict the sales cycle and implementation schedule for our products and services.

The
duration of the sales cycle and implementation schedule for our products and services depends on a number of factors, including the nature
and size of the potential client and the extent of the commitment being made by the potential client, all of which may be difficult to
predict. Our sales and marketing efforts with respect to hospitals and large health organizations generally involve a lengthy sales cycle
due to these organizations’ complex decision-making processes. Additionally, in light of increased government involvement in healthcare
and related changes in the operating environment for healthcare organizations, our current and potential clients may react by reducing
or deferring investments, including their purchases of our solutions or services. If clients take longer than we expect to decide whether
to purchase our solutions, our revenues could decrease, which could materially and adversely impact our business, financial condition
and operating results.

-13-

Our
independent content providers may fail to perform adequately or comply with laws, regulations or contractual covenants.

We
depend on some independent content providers for the development of health education and other scientific content resources. Our ability
to rely on these services could be impaired as a result of the failure of such providers to comply with applicable laws, regulations
and contractual covenants or as a result of events affecting such providers, such as power loss, telecommunication failures, software
or hardware errors, computer viruses and similar disruptive problems, fire, flood and natural disasters. Any such failure or event could
adversely affect our relationships with our clients and damage our reputation. This could materially and adversely impact our business,
financial condition and operating results. We depend on our content providers to deliver high quality content from reliable sources and
to continually upgrade their content in response to demand and evolving regulations. If these parties fail to