Company: SYRA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009279
Chunk: 47

Company: Syra Health Corp
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 47
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 obligation to fund losses.

The Company reports the more
dilutive of the approaches (two-class or “if-converted”) as its diluted net income per share during the period. For the periods
presented, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per
common share.

Common shares
consisting of shares potentially dilutive that are excluded from the calculated of diluted earnings per share because they are anti-dilutive
as of March 31, 2025 and 2024 are as follows:

Schedule of Diluted Earnings Per Share

    March 31,
                                                                                2025  
    March 31,
                                                                                2024 
  
    Warrants 
     8,172,842  
     1,760,350 
  
    Stock options 
     213,599  
     164,750 
  
    Total 
     8,376,441  
     1,925,100 

    F-11

Note 5 – Other Current Assets

Other current assets included the following as of
March 31, 2025 and December 31, 2024:

Schedule of Other Current Assets

    March 31,  
    December 31, 

    2025  
    2024 

    Prepaid expenses and other current assets 
     210,788  
     276,563 
  
    Total other current assets 
    $210,788  
    $276,563 

Note 6 – Property and Equipment

Property and equipment at March 31, 2025 and December 31, 2024, consisted
of the following:

Schedule of Property and Equipment

    March 31,  
    December 31, 

    2025  
    2024 
  
    Office equipment – 5 year estimated life 
    $86,958  
    $86,958 
  
    Leasehold improvements – 2 year estimated life 
     60,783  
     60,783 
  
    Furniture and fixtures – 7 year estimated life 
     6,170  
     6,170 
  
    Property and equipment, gross
 
     6,170  
     6,170 

    Less: Accumulated depreciation 
     (133,362) 
     (126,564)
  
    Total property and equipment