Company: SYRA
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-022023
Chunk: 0

Company: Syra Health Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 0
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SYRA
HEALTH CORP.

CONDENSED
BALANCE SHEETS

    September 30, 2025  
    December 31, 2024 

     (Unaudited)  

    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $1,976,545  
    $2,395,405 
  
    Accounts receivable, net 
     926,255  
     680,827 
  
    Other current assets 
     307,791  
     276,563 
  
    Total current assets 
     3,210,591  
     3,352,795 

    Property and equipment, net 
     9,176  
     27,347 
  
    Right-of-use asset 
     43,450  
     299,190 

    Total assets 
    $3,263,217  
    $3,679,332 

    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    Current liabilities: 

    Accounts payable 
    $317,413  
    $101,690 
  
    Accounts
    payable, related parties

    137,764

    -

    Accounts
    payable

    137,764

    -

    Accrued expenses 
     224,692  
     230,383 
  
    Deferred revenue 
     141,611  
     16,611 
  
    Current portion of operating lease liability, related party 
     43,450  
     111,978 
  
    Notes payable 
     188,899  
     152,887 
  
    Total current liabilities 
     1,053,829  
     613,549 

    Non-current portion of operating lease liability, related party 
     -  
     187,212 

    Total liabilities 
     1,053,829  
     800,761 

    Commitments and contingencies 
     -  
     - 

    Stockholders’ equity: 

    Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares designated, issued and outstanding 
     -  
     - 
  
    Class A common stock, $0.001 par value, 100,000,000 shares authorized, 11,339,