Company: PFSA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076861
Chunk: 46

Company: Profusa, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 46
---
    June 30, 2025  
    December 31, 2024 
  
    Input 

    Risk-free interest rate 
     4.28% 
     4.18%
  
    Expected term (years) 
     0.05  
     0.27 
  
    Expected volatility 
     De minimis% 
     De minimis%
  
    Exercise price 
    $11.50  
    $11.50 
  
    Fair value of Common stock 
    $12.52  
    $12.12 

The key inputs into the Monte Carlo simulation
model for the securities purchase agreement were as follows at June 30, 2025 and December 31, 2024:

    June 30, 2025  
    December 31, 2024 
  
    Input 

    Risk-free interest rate 
     3.83% 
     — 
  
    Expected term (years) 
     1.59  
     — 
  
    Expected volatility 
     4.84% 
     — 
  
    Exercise price 
    $11.50  
     — 
  
    Fair value of Common stock 
    $12.52  
     — 

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 and six months ended June 30, 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 
  
    Change in fair value of warrant liabilities 
     2,498,150  
     193,545  
     2,691,695 
  
    Fair value at June 30, 2025 
    $2,939,000  
    $227,700  
    $3,166,700