Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 26

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 26
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 our current devices becoming non -competitiveor obsolete, which may decrease revenues and profits and adversely affect our business and results of operations. We may encounter significant competition across our existing and future planned products and services and in each market in which we sell or plan to sell our products and services from various companies, many of which have greater financial and marketing resources than we do. In addition, our competitors, which are well -establishedmanufacturers with significant resources, may engage in aggressive marketing tactics. Competitors may also possess the ability to commercialize additional lines of products, bundle products or offer higher discounts and incentives to customers in order to gain a competitive advantage. If the prices of competing products are lowered as a result, we may not be able to compete effectively. If we are unable to successfully develop and effectively manage the introduction of new products, our business may be adversely affected. We must successfully manage introductions of new or advanced products and associated management services. Introductions of new or advanced products could also adversely impact the commercialization of Lumee™ Oxygen Platform or other existing products to consumers. For instance, the introduction or announcement of new or advanced products may shorten the life cycle of our existing products or reduce demand, thereby reducing any benefits of successful new product introductions and potentially lead to challenges in managing write -downsor write -offsof inventory of existing products. In addition, any new products may have higher manufacturing costs than legacy products, which could negatively impact our gross margins and operating results. Accordingly, if we fail to effectively manage introductions of new or advanced products, our business may be adversely affected. We may experience challenges managing the inventory of monitors and other items, which can lead to excess inventory and discounting of our products, or alternatively insufficient inventory levels. Inventory levels in excess of consumer demand may result in inventory write -downsor write -offs, product expiration and the sale of inventory at discounted prices, which would affect our gross margin and could impair the strength of our brand. Reserves and write -downsfor rebates, promotions and excess inventory will be recorded based on our forecast of future demand. 15 Actual future demand could be less than our forecast, which may result in additional reserves and write -downsin the future, or actual demand could be stronger than our forecast, which may result in a reduction to previously recorded reserves and write -downsin the future and increase the volatility of our operating results. If we are unable to establish and maintain adequate sales and marketing capabilities or enter into and maintain arrangements with third