Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 461

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 461
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 of unrelated party promissory notes of $0.15 million. Cash provided by financing activities was $3.6 million for the nine months ended September 30, 2023, which consisted primarily of net proceeds from the issuance of senior notes of $2.2 million, issuance of our September 2023 Convertible Loan of $1.6 million and issuance of promissory notes of $0.4 million, offset by payment of deferred offering costs of $0.4 million and repayment of related party promissory notes of $0.2 million. Contractual Obligations The following table summarizes our contractual obligations as of September 30, 2024, and the years in which these obligations are due (in thousands):

|                               |     | Total |        |     | 2025 |        |     | Thereafter |   |
|:------------------------------|:----|:------|-------:|:----|:-----|-------:|:----|:-----------|:--|
| Convertible notes             |     | $     | 17,877 |     | $    | 17,877 |     | $          | — |
| Tasly Convertible Loan        |     |       |  2,157 |     |      |  2,157 |     |            | — |
| Senior notes                  |     |       | 23,386 |     |      | 23,386 |     |            | — |
| Promissory Notes              |     |       |    895 |     |      |    895 |     |            | — |
| PPP loan                      |     |       |  1,372 |     |      |  1,372 |     |            | — |
| Total contractual obligations |     | $     | 45,687 |     | $    | 45,687 |     | $          | — |

Critical Accounting Estimates Management’s discussion and analysis of our financial condition and results of operations is based on our unaudited consolidated financial statements, which have been prepared in accordance with U.S. GAAP. The preparation of these unaudited consolidated financial statements requires us to make estimates and assumptions for the reported amounts of assets, liabilities, revenue, expenses and related disclosures. Our estimates are based on our historical experience and on various other factors that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent