Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 382

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 382
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arrants) and as such, the initial carrying value of public common
stock classified as temporary equity was the allocated proceeds determined in accordance with ASC 470-20.

As of June 30, 2025 and
December 31, 2024, the amount of public common stock reflected on the condensed consolidated balance sheets is reconciled in the
following table:

| Contingently redeemable common stock, December 31, 2023 |     | $ |  9,252,208 |   |
| Less:                                                   |     |   |            |   |
| Partial redemption                                      |     |   | (1,683,800 | ) |
| Plus:                                                   |     |   |            |   |
| Accretion of redeemable common stock                    |     |   |    768,980 |   |
| Contingently redeemable common stock, December 31, 2024 |     | $ |  8,337,388 |   |
| Less:                                                   |     |   |            |   |
| Partial redemption                                      |     |   | (6,510,830 | ) |
| Plus:                                                   |     |   |            |   |
| Accretion of redeemable common stock                    |     |   |    155,999 |   |
| Contingently redeemable common stock, March 31, 2025    |     | $ |  1,982,557 |   |
| Less:                                                   |     |   |            |   |
| Redemption payment due to stockholders                  |     |   |   (661,012 | ) |
| Plus:                                                   |     |   |            |   |
| Accretion of redeemable common stock                    |     |   |      8,970 |   |
| Contingently redeemable common stock, June 30, 2025     |     | $ |  1,330,515 |   |

Recently Issued Accounting Standards

Standards Adopted

In November 2023, the
FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments
in this ASU require disclosures, on an annual and interim basis, of significant segment expenses that are regularly provided
to the chief operating officer decision maker (“CODM”), as well as the aggregate amount of other segment items included in
the reported measure of segment profit or loss. The AS