Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 261

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 261
---
 efforts with respect to hospitals and large health organizations generally involve a lengthy sales cycle
due to these organizations’ complex decision-making processes. Additionally, in light of increased government involvement in healthcare
and related changes in the operating environment for healthcare organizations, our current and potential clients may react by reducing
or deferring investments, including their purchases of our solutions or services. If clients take longer than we expect to decide whether
to purchase our solutions, our revenues could decrease, which could materially and adversely impact our business, financial condition
and operating results.

-13-

Our
independent content providers may fail to perform adequately or comply with laws, regulations or contractual covenants.

We
depend on some independent content providers for the development of health education and other scientific content resources. Our ability
to rely on these services could be impaired as a result of the failure of such providers to comply with applicable laws, regulations
and contractual covenants or as a result of events affecting such providers, such as power loss, telecommunication failures, software
or hardware errors, computer viruses and similar disruptive problems, fire, flood and natural disasters. Any such failure or event could
adversely affect our relationships with our clients and damage our reputation. This could materially and adversely impact our business,
financial condition and operating results. We depend on our content providers to deliver high quality content from reliable sources and
to continually upgrade their content in response to demand and evolving regulations. If these parties fail to develop and maintain high
quality, attractive content, the value of our brand and our business, financial condition and operating results could be materially and
adversely impacted.

We
may be liable for use of content we provide.

If
any of the content that we provide to our customers, including content we generate as a result of our grant writing services, is incorrect
or incomplete, it may give rise to claims against us. While we maintain insurance coverage in an amount that we believe is sufficient
for our business, we cannot provide assurance that this coverage will prove to be adequate or will continue to be available on acceptable
terms, if at all. A claim that is brought against us that is uninsured or under-insured could materially and adversely impact our business,
financial condition and operating results. Even unsuccessful claims could result in substantial costs and diversion of management and
other resources.

Our
financial results may be adversely affected if we underprice our contracts, overrun our cost estimates or fail to receive approval for
or experience delays in documenting change orders.

Most
of our