Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 166

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 166
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 net loss of $4.5 million, adjusted for non-cash charges of $2.2 million and net cash inflows of $1.3 million provided by changes in our operating assets and liabilities. Non-cash charges primarily consisted of non-cash interest 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. 101 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 |   |
|:------------------------------|:----|:------|-------:|:----|:-----|-------:|:----|:-----------|:--|
| Convertible notes             |     | $     | 19,533 |     | $    | 19,533 |     | $          | — |
| Tasly convertible loan        |     |       |  2,543 |     |      |  2,543 |     |            | — |
| Senior notes                  |     |       | 27,895 |     |      | 27,895 |     |            | — |
| Promissory notes              |     |       |    940 |     |      |    940 |     |            | — |
| PPP loan                      |     |       |  1,383 |     |      |  1,383 |