Company: PFSA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112723
Chunk: 52

Company: Profusa, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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   Weighted-Average Remaining Contractual Term  (in years)   Balances at January 1, 2025   539,564    1,027,897   $  1.16    3.00   Options granted   (539,564)   539,564    3.64        Options exercised   —    —    -        Options expired   —    —    -        Options cancelled/forfeited   4,114    (4,114)   1.83        Balances at September 30, 2025   4,114    1,563,347   $2.02    6.24   Exercisable at September 30, 2025        818,637   $3.02    5.33  

30

     Options Outstanding   Stock Option Activity  Shares Available for Grant   Number of Options   Weighted-
Average Exercise Price Per Share   Weighted-Average Remaining Contractual Term  (in years)   Balances at December 31, 2023   536,105    1,031,356   $1.16    3.70   Options granted   —    —    -        Options exercised   —    —    -        Options expired   3,459    (3,459)   -        Options cancelled/forfeited   —    —    -        Balances at September 30, 2024   539,564    1,027,897   $1.16    3.18   Exercisable at September 30, 2024        525,969   $1.41    4.51  

During the three months ended September 30, 2025 and 2024, there was
no stock option activity. Intrinsic values are calculated as the difference between the exercise price of the underlying options and the
fair value of the common stock for the options that had exercise prices that were lower than the fair