secwatch.observer — SEC 8-K summary
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Issuer:     Syra Health Corp (SYRA)
CIK:        0001922335
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001641172-25-009292
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Syra Health Q1 revenue $1.9M (+6% YoY); net loss narrows to ($472K); withdraws 2025 guidance
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- Revenue $1.9M (+6% YoY); Population Health revenue tripled to $1.2M.
- Gross margin improved to 31.7% (was 17.1%) on shift to higher-margin contracts.
- Operating expenses fell 39% to $1.1M; net loss narrowed to ($472K) from ($1.4M).
- Withdrew 2025 guidance due to federal budget uncertainty impacting key customers.
- Cash $2.5M, no debt; secured $2.5M insurance contract, $1.5M extension with Indiana FSSA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922335/000164117225009292/0001641172-25-009292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922335/000164117225009292/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-009292

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