Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 298

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 298
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DENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED) Note 3 — Fair Value Measurement(cont.)

:

|                                          |     | Fair value as of June 30, 2025 |   |     |         |   |     |         |       |     |       |       |
|:-----------------------------------------|:----|:-------------------------------|:--|:----|:--------|:--|:----|:--------|------:|:----|:------|------:|
|                                          |     | Level 1                        |   |     | Level 2 |   |     | Level 3 |       |     | Total |       |
| Liabilities:                             |     |                                |   |     |         |   |     |         |       |     |       |       |
| Convertible Notes at fair value          |     | $                              | — |     | $       | — |     | $       | 2,543 |     | $     | 2,543 |
| Total liabilities measured at fair value |     | $                              | — |     | $       | — |     | $       | 2,543 |     | $     | 2,543 |

|                                          |     | Fair value as of December 31, 2024 |   |     |         |   |     |         |       |     |       |       |
|:-----------------------------------------|:----|:-----------------------------------|:--|:----|:--------|:--|:----|:--------|------:|:----|:------|------:|
|                                          |     | Level 1                            |   |     | Level 2 |   |     | Level 3 |       |     | Total |       |
| Liabilities:                             |     |                                    |   |     |         |   |     |         |       |     |       |       |
| Convertible Notes at fair value          |     | $                                  | — |     | $       | — |     | $       | 2,234 |     | $     | 2,234 |
| Total liabilities measured at fair value |     | $                                  | — |     | $       | — |     | $       | 2,234 |     | $     | 2,234 |

The following table sets forth
a summary of the changes in the fair value of the Company’s Level 3 financial instruments for the three and six