Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 154

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 154
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.1 million was primarily driven by our net loss of $5.1 million, adjusted for non -cashcharges of $2.7 million and net cash inflows of $1.2 million provided by changes in our operating assets and liabilities. Non -cashcharges primarily consisted of non -cashinterest expense of $2.5 million, and the change in the fair value of related party convertible loan of $0.1 million. The main driver of the cash inflows from the changes in operating assets and liabilities was primarily related to an increase in accounts payable of $1.0 million and in accrued liabilities of $0.3 million and a decrease in prepaid expenses and other current assets of less than $0.1 million. Cash used in operating activities for the six months ended June 30, 2024 of $1.0 million was primarily driven by our net loss of $4.5 million, adjusted for non -cashcharges of $2.2 million and net cash inflows of $1.3 million provided by changes in our operating assets and liabilities. Non -cashcharges primarily consisted of non -cashinterest

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expense of $2.2 million, partially offset by change in the fair value of related party convertible loan of less than $0.1 million. The main driver of the cash inflows from the changes in operating assets and liabilities was primarily related to an increase in accounts payable of $0.5 million and in accrued liabilities of $0.8 million and a decrease in prepaid expenses and other current assets of $0.1 million. Financing Activities Cash provided by financing activities was $1.0 million the six months ended June 30, 2025, which consisted primarily of net proceeds from the issuance of senior notes of $1.4 million, offset by payment of deferred offering costs of $0.4 million. Cash provided by financing activities was $0.9 million for the six months ended June 30, 2024, which consisted primarily of net proceeds from the issuance of senior notes of $1.1 million, offset by payment of deferred offering costs of $0.1 million and repayment of related party promissory notes of $0.1 million. Contractual Obligations The following table summarizes our contractual obligations as of June 30, 2025, and the years in which these obligations are due (in thousands):

|                               |     | Total |        |     | 2025 |        |     | Thereafter |   |
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