Company: PFSA
Filing Date: 2025-06-13
Form Type: 10-Q
Source: 0001213900-25-054386
Chunk: 41

Company: Profusa, Inc.
Filing Date: 2025-06-13
Form: 10-Q
Item: Part I, Item 1
Chunk 41
---
,
    2025  
    December 31,
    2024 
  
    Input 

    Risk-free interest
    rate 
     4.34% 
     4.18%
  
    Expected term (years) 
     0.19  
     0.27 
  
    Expected volatility 
     De
                                            minimis% 
     De
                                            minimis%
  
    Exercise price 
    $11.50  
    $11.50 
  
    Fair value of Common stock 
    $12.43  
    $12.12 

The key inputs into the Monte Carlo simulation
model for the securities purchase agreement were as follows at March 31, 2025 and December 31, 2024:

    March 31, 2025  
    December 31, 2024 
  
    Input 

    Risk-free interest rate 
     3.94% 
     — 
  
    Expected term (years) 
     1.67  
     — 
  
    Expected volatility 
     De minimis% 
     — 
  
    Exercise price 
    $11.50  
     — 
  
    Fair value of Common stock 
    $12.10  
     — 

22

The following table provides a summary of the
changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis for
the three months ended March 31, 2025 and 2024:

    Private Placement Warrants  
    Representative’s Warrants  
    Warrant Liability 
  
    Fair value at December 31, 2024 
    $293,900  
    $22,770  
    $316,670 
  
    Change in fair value of warrant liabilities 
     146,950  
     11,385  
     158,335 
  
    Fair value at March 31, 2025 
    $440,850  
    $34,155  
    $475,005 

    Private Placement Warrants  
    Representative’s Warrants  
    Warrant Liability 
  
    Fair value at December 31, 2023 
    $66,128  
    $5,123  
    $71,251 
  
    Change in fair value of warrant liabilities 
     213,077