Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 464

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 464
---
 the Company’s auditor since 2023

The
Woodlands, TX

March
11, 2025

F-2

SYRA
HEALTH CORP.

BALANCE
SHEETS

    December 31,  
    December 31, 

    2024  
    2023 

    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $2,395,405  
    $3,280,075 
  
    Accounts receivable, net 
     680,827  
     1,060,634 
  
    Accounts receivable related party 
     -  
     50,614 
  
    Accounts receivable 
     -  
     50,614 

    Other current assets 
     276,563  
     389,787 
  
    Total current assets 
     3,352,795  
     4,781,110 

    Property and equipment, net 
     27,347  
     78,974 
  
    Right-of-use asset 
     299,190  
     63,199 

    Total assets 
    $3,679,332  
    $4,923,283 

    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    Current liabilities: 

    Accounts payable 
    $101,690  
    $462,991 
  
    Accrued expenses 
     230,383  
     198,978 
  
    Deferred revenue 
     16,611  
     - 
  
    Current portion of operating lease liability, related party 
     111,978  
     63,199 
  
    Notes payable 
     152,887  
     184,904 
  
    Total current liabilities 
     613,549  
     910,072 

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

    Total liabilities 
     800,761  
     910,072 

    Commitments and contingencies 
     -  
     - 

    Stockholders’ equity: 

    Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares designated, issued and outstanding 
     -  
     - 
  
    Class