Company: SYRA
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001641172-25-023235
Chunk: 84

Company: Syra Health Corp
Filing Date: 2025-08-12
Form: 10-Q
Item: Item 2
Chunk 84
---
 2025 and 2024.

    For
    the Six Months  

    Ended  

    June
    30,  
    June
    30,  
    Increase
    / 

    2025  
    2024  
    (Decrease) 

    Net
    revenues 

    Healthcare
    workforce 
    $1,017,664  
    $2,833,895  
    $(1,816,231)
  
    Population
    health 
     2,786,309  
     866,031  
     1,920,278 
  
    Behavioral
    and mental health 
     -  
     22,095  
     (22,095)
  
    Net
    revenues 
     3,803,973  
     3,722,021  
     81,952 
  
    Cost
    of services 
     2,461,922  
     3,192,727  
     (730,805)
  
    Gross
    profit 
     1,342,051  
     529,294  
     812,757 

    Operating
    expenses: 

    Salaries
    and benefits 
     833,561  
     1,583,367  
     (749,806)
  
    Professional
    fees 
     388,965  
     336,036  
     52,929 
  
    Research
    and development expenses 
     66,885  
     555,442  
     (488,557)
  
    Selling,
    general and administrative expenses 
     576,357  
     858,837  
     (282,480)
  
    Depreciation 
     12,775  
     29,919  
     (17,144)
  
    Total
    operating expenses: 
     1,878,543  
     3,363,601  
     (1,485,058)

    Operating
    loss 
     (536,492) 
     (2,834,307) 
     2,297,815 

    Total
    other income (expense) 
     631  
     (2,999) 
     3,630 

    Net