Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 571

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 571
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        |      — |     |            — |     |        | — |     |            |     — |     |             | (6,978   | ) |     |               |   (6,978 | ) |
| Balance at September 30, 2024                           |     |             4,350,314 |     | $      | 5,231 |     |             5,293,175 |     | $      | 13,701 |     |             8,220,445 |     | $      | 46,217 |     |    5,604,651 |     | $      | — |     | $          | 5,748 |     | $           | (122,706 | ) |     | $             | (116,958 | ) |

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

F-55

PROFUSA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
(IN THOUSANDS)

| Cash flows from operating activities                                        |     | Nine Months Ended September 30, 
 2024                            |        |   |     | 2023 |        |   |
|:----------------------------------------------------------------------------|:----|:--------------------------------|-------:|:--|:----|:-----|-------:|:--|
| Net loss                                                                    |     | $                               | (6,978 | ) |     | $    | (7,014 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |     |                                 |        |   |     |      |        |   |
| Non-cash interest expense                                                   |     |                                 |  3,283 |   |     |      |  2,194 |   |
| Gain on change in fair value of related party convertible debt              |     |                                 |    282 |   |     |      |     39 |   |
| Loss on disposition of property and equipment, net                          |     |                                 |      2 |   |     |      |      — |   |
| Stock-based compensation expenses                                           |     |                                 |     16 |   |     |      |     28 |   |
| Changes in assets and liabilities:                                          |     |                                 |        |   |     |      |        |   |
| Other receivables                                                           |     |                                 |