Company: PFSA
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112723
Chunk: 56

Company: Profusa, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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    Nine Months Ended  
    Nine Months Ended 

    September 30,  2025  
    September 30,  2024 
  
    Numerator: 

    Net loss 
    $(27,256) 
    $(6,978)
  
    Denominator: 

    Weighted average shares used to computing basic and diluted net loss per share 
     11,905,811  
     1,938,392 
  
    Net loss per share attributable to common stockholders - basic and diluted: 
    $(2.29) 
    $(3.60)

33

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:

    Nine Months Ended 

    September 30, 2025  
    September 30,  2024 
  
    Related party convertible notes payable at fair value (1) 
     -  
     - 
  
    Loans payable - related party at fair value (1) 
     -  
     - 
  
    Warrants 
     17,536,750  
     - 
  
    Options to purchase common stock 
     1,563,347  
     1,027,897 
  
    Total 
     19,100,097  
     1,027,897 

(1)The Related party convertible notes and Loan’s payable - related
party are convertible upon occurrence of various conversion scenarios. Therefore, the number of shares of Company Common Stock issuable
upon their conversion is not currently estimable.

Note 12 – Segments

The Company operates as one operating segment. The Company’s
chief operating decision maker (“CODM”) is its Chief Executive Officer, Ben Hwang, who reviews financial information presented
on a consolidated net loss basis as reported on the consolidated condensed statement of operations and comprehensive loss in order to
make decisions about allocating resources and assessing performance for the entire Company. The CODM also utilizes the Company’s
long-range plan, which includes product development roadmaps and long-range financial models, as a key input to resource allocation. The
CODM function approves of key operating and strategic decisions. The CODM function views the Company’s operations and manages its
business on a consolidated basis and as a single reportable operating segment. The CODM function is regularly provided