Company: SYRA
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001641172-25-023235
Chunk: 27

Company: Syra Health Corp
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 1
Chunk 27
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    Behavioral
    and mental health 
     -  
     20,422  
     (20,422)
  
    Net
    revenues 
     1,946,199  
     1,969,681  
     (23,482)
  
    Cost
    of services 
     1,193,304  
     1,619,674  
     (426,370)
  
    Gross
    profit 
     752,895  
     350,007  
     402,888 

    Operating
    expenses: 

    Salaries
    and benefits 
     326,354  
     847,064  
     (520,710)
  
    Professional
    fees 
     164,939  
     141,456  
     23,483 
  
    Research
    and development expenses 
     29,712  
     277,894  
     (248,182)
  
    Selling,
    general and administrative expenses 
     289,070  
     456,572  
     (167,502)
  
    Depreciation 
     5,978  
     17,374  
     (11,396)
  
    Total
    operating expenses: 
     816,053  
     1,740,360  
     (924,307)

    Operating
    loss 
     (63,158) 
     (1,390,353) 
     1,327,195 

    Total
    other income (expense) 
     (438) 
     97  
     (535)

    Net
    loss 
    $(63,596) 
    $(1,390,256) 
    $1,326,660 

4

Net
Revenues

Net
revenue during the three months ended June 30, 2025 was comprised of $362,447 of healthcare staffing services revenue, $1,583,752 of
population health revenue, and $0 of behavioral and mental health revenue, compared to net revenue during the three months ended
June 30, 2024 comprised of $1,416,234 of healthcare staffing services revenue, $533,025 of population health revenue, and $20,422 of
behavioral and mental health revenue, an overall revenue decrease of