Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 171

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 171
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 may be subject to claims or liability for use or disclosure
of information. Any such claims or liabilities and other failures to comply with applicable requirements could subject us to unexpected
costs and adversely affect our operating results.

Poor
service, system errors or failures of our solutions to conform to specifications could cause unforeseen liabilities or injury, harm our
reputation and have a material adverse impact on our business, results of operations or financial condition.

Some
of our solutions are intended to provide information to healthcare professionals in the course of delivering patient care. Although our
contracts may disclaim liability for medical decisions and responsibility for patient care, if use of or inability to use our solutions
leads to faulty clinical decisions or injury to patients, such disclaimers may be unenforceable and we could be subject to claims or
litigation by healthcare professionals, their patients or our customers. Further, negative publicity regarding our services, whether
accurate or inaccurate, could harm our reputation, decrease demand for our services, lead to withdrawals of our services or impair our
ability to successfully launch and market our services in the future.

We
attempt to limit, by contract, our liability for damages arising from our negligence, errors, mistakes or security breaches. However,
contractual limitations on liability may not be accepted by our customers, may not be enforceable or may otherwise not provide sufficient
protection to us from liability for damages. We maintain liability insurance coverage, including coverage for cyber-liability. It is
possible, however, that claims could be denied or exceed the amount of our applicable insurance coverage, if any, or that this coverage
may not continue to be available on acceptable terms or in sufficient amounts. Even if these claims do not result in liability to us,
investigating and defending against them could be expensive and time consuming and could divert management’s attention away from
our operations. In addition, negative publicity caused by these events may negatively impact our customer relationships, market acceptance
of our solutions or may harm our reputation and our business.

-11-

Disruptions
in service or damages to our data or systems failures, could have a material adverse impact on our business, results of operations or
financial condition.

Our
business operations depend on our ability to maintain and protect our network and computer systems, some of which are outsourced to certain
third-party hosting providers. Our operations are vulnerable to interruption and/or damage from a number of sources, many of which are
beyond our control, including, without limitation: (1) power