Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 573

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 4
Chunk 573
---
938,343)
  
    Balance, December 31, 2023 
     -  
    $        -  
     5,588,298  
    $5,588  
     833,334  
    $833  
    $9,071,745  
    $(5,064,955) 
    $4,013,211 
  
    Balance 
     -  
    $        -  
     5,588,298  
    $5,588  
     833,334  
    $833  
    $9,071,745  
    $(5,064,955) 
    $4,013,211 

See
accompanying notes to audited financial statements.

F-5

SYRA
HEALTH CORP.

STATEMENTS
OF CASH FLOWS

    2024  
    2023 

    For the Years Ended 

    December 31, 

    2024  
    2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES 

    Net loss 
    $(3,759,238) 
    $(2,938,343)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation 
     62,738  
     48,771 
  
    Common stock issued for services 
     71,378  
     - 
  
    Non-cash lease expense 
     89,500  
     - 
  
    Stock-based compensation 
     59,803  
     32,831 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     379,807  
     (59,547)
  
    Accounts receivable, related party 
     50,614  
     (50,614)
  
    Other current assets 
     491,883  
     203,110 
  
    Right-of-use asset 
        
     121,089 
  
    Accounts payable 
     (361,301) 
     30,603 
  
    Accounts payable, related parties 
     -  
     (3,200)
  
    Deferred revenue 
     16,611  
     - 
  
    Accrued expenses 
     55,672