Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 256

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 256
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 our margins on other solutions
in order to maintain our overall profitability.

-10-

Achieving
market acceptance of new or updated solutions is necessary in order for them to become profitable and will likely require significant
efforts and expenditures.

Our
future financial results will depend in part on whether our new or updated solutions receive sufficient customer acceptance. Achieving
market acceptance for new or updated solutions may require substantial marketing efforts and expenditure of significant funds to create
awareness and demand by our existing or prospective customers. Failure to achieve broad penetration in target markets with respect to
new or updated solutions could have a material adverse impact on our business, results of operations or financial condition.

Our
business would be adversely affected if we cannot obtain, process or distribute data we require to provide our solutions.

Our
business relies on our ability to obtain, process, monetize and distribute data in the healthcare industry in a manner that complies
with applicable law, regulation and contractual and restrictions. Our failure to obtain and distribute such data in a compliant manner
could have a harmful effect on our ability to use and disclose such data which in turn could impair our ability to share such data with
our customers or incorporate it into our services and offerings. In addition to complying with requirements in obtaining the data, the
use, processing and distribution of such data may require us to obtain consent from third parties or follow additional laws, regulations
or contractual restrictions that apply to the healthcare industry. Moreover, we 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