Company: PFSA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112723
Chunk: 3

Company: Profusa, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 —  
     (1,443) 
     — 
  
    Other income (expense) 
     15  
     (1) 
     15  
     5 
  
    Total other expense, net 
     (483) 
     (1,394) 
     (3,120) 
     (3,560)
  
    Net loss and comprehensive loss 
     (22,192) 
     (2,497) 
     (27,256) 
     (6,978)

    Net loss per share, basic and diluted 
    $(0.70) 
    $(1.29) 
    $(2.29) 
    $(3.60)
  
    Weighted-average common shares outstanding, basic and diluted 
     31,731,118  
     1,938,392  
     11,905,811  
     1,938,392 

(1)$49 thousand and $145 thousand of interest was reclassified from interest
expense into gain (loss) on change in the fair value of related party convertible debt for the three and nine months ended September 30,
2024, respectively. This reclassification has no impact on total other income (expense) or net loss and comprehensive net loss.

The accompanying notes are an integral part of
these condensed consolidated financial statements.

2

PROFUSA, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES
IN STOCKHOLDERS’ DEFICIT

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER
30, 2025 (UNAUDITED)

(IN THOUSANDS, EXCEPT SHARE AMOUNTS)

    Series
    A Convertible Preferred Stock  
    Series
    B Convertible Preferred Stock  
    Series
    C/C-1 Convertible Preferred Stock  
    Common
    Stock (1)  
    Additional
    paid in  
    Accumulated  
    Total Stockholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Shares  
    Amount  
    Shares  
    Amount  
    capital  
    deficit  
    Deficit 
  
    Balance
    at January 1, 2025 (1) 
     4,350,314  
     5,231  
     5,