Company: PFSA
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-073872
Chunk: 254

Company: Profusa, Inc.
Filing Date: 2025-08-11
Form: S-1
Chunk 254
---
3, the time to event was years and the discount rate applied was %. At issuance of the additional $ million on August 15, 2023, the time to event was years and the discount rate applied was %. The final amount which was less than $million was issued on February6, 2024; the time to event was years and the discount rate applied was %.

On December 31, 2024 the time event was years and the discount rate applied was %. The fair value of the convertible debt as of December 31, 2023 was $ million and the fair value as of December 31, 2024 was $million.

Note 4 — Balance Sheet Components

Prepaid expenses and other current assets (in thousands)

|                   |     |   |        As of 
 December 31, 
         2024 |     |   |        As of 
 December 31, 
         2023 |
|:------------------|:----|:--|-------------:|:----|:--|-------------:|
| Employee advances |     |   |            — |     |   |           96 |
| Prepaid legal     |     |   |           25 |     |   |            — |
| Prepaid insurance |     |   |           37 |     |   |            — |
| Prepaid other     |     |   |            7 |     |   |           50 |
|                   |     | $ |           69 |     | $ |          146 |

F-14

PROFUSA, INC. AND SUBSIDIARY
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 4 — Balance Sheet Components (cont.)

Accrued Liabilities (in thousands)

|                           |     | As of        
 December 31, 
 2024         |        |   |     | As of        
 December 31, 
 2023         |        |   |
|:--------------------------|:----|:-------------|:-------|:--|:----|:-------------|:-------|:--|
| Accrued compensation      |     | $            | (3,472 | ) |     | $            | (1,960 | ) |
| Accrued other liabilities |     |              | (496   | ) |     |              | (391   | ) |
|                           |     | $            | (3,968 | ) |     | $            | (2