Company: PFSA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112723
Chunk: 179

Company: Profusa, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 8
Chunk 179
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ory notes 878    850   Various Individuals  Shareholder  Convertible debt payable  $-   $22,822   Northview Acquisition Corp Sponsor  Shareholder  Due to from Related Party   41    -  

See Note 6 for full disclosures on debt, including the convertible
debt payable, loans payable and promissory notes.

Note 11 — Net Loss per Share Attributable to Common Stockholders

Net loss per share of Company Common Stock is calculated in accordance
with ASC Topic 260, Earnings Per Share using the two-class method. Basic net loss per share is computed by dividing net loss by the weighted-average
number of shares of Common Stock outstanding during the period. In periods of net loss, the two-class method requires that losses be allocated
only to common shareholders. The computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted-average
shares outstanding, as the inclusion of common stock equivalents would be antidilutive. The common stock equivalents consist of stock
options, convertible notes, warrants, and earn-out shares. Accordingly, for the periods presented in which the Company incurred a net
loss, basic and diluted EPS are the same.

32

The following tables represent weighted average shares using the recasted
common stock equity balance as presented in the Statement of Stockholders’ Deficit. The following table sets forth the computation
of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

    Three Months Ended  
    Three Months Ended 

    September 30,  2025  
    September 30,  2024 
  
    Numerator: 

    Net loss 
    $(22,192) 
    $(2,497)
  
    Denominator: 

    Weighted average shares used to computing basic and diluted net loss per share 
     31,731,118  
     1,938,392 
  
    Net loss per share attributable to common stockholders - basic and diluted: 
    $(0.70) 
    $(1.29)

The following outstanding shares of potentially dilutive securities
were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because
including them would have been antidilutive:

    Three Months Ended  
    Three Months Ended 

    September 30, 2025  
    September 30,