Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 339

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 339
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 operations (See Note 8). In determining the fair value of the Private Placement Warrants and the Representative’s Warrants, assumptions related to expected share-price volatility, expected life and risk-free interest rate are utilized. The Company estimates the volatility of its common stock based on historical volatility that matches the expected remaining life of the warrants. F-67 NORTHVIEW ACQUISITION CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 2 — Summary of Significant Accounting Policies(cont.)

Net (Loss) Income Per Common Stock

The Company has two categories
of shares, which are referred to as common stock subject to possible redemption and common stock. Earnings and losses are shared pro rata
between the two categories of shares. The potential shares of common stock for outstanding warrants to purchase the Company’s
shares were excluded from diluted earnings per share for the years ended December 31, 2024 and 2023 because the warrants are contingently
exercisable, and the contingencies have not yet been met. As a result, diluted net (loss) income per share of common stock is the same
as basic net (loss) income per share of common stock for the periods presented.

|                                                |     | For the Year Ended 
 December 31, 2024  |            |   |     |        |            |   |     | For the Year Ended 
 December 31, 2023  |           |     |        |           |
|:-----------------------------------------------|:----|:-------------------|-----------:|:--|:----|:-------|-----------:|:--|:----|:-------------------|----------:|:----|:-------|----------:|
|                                                |     | Common stock       
 subject to         
 possible           
 redemption         |            |   |     | Common 
 stock  |            |   |     | Common stock       
 subject to         
 possible           
 redemption         |           |     | Common 
 stock  |           |
| Basic and diluted net (loss) income per share: |     |                    |            |   |     |        |            |   |     |                    |           |     |        |           |
| Numerator:                                     |     |                    |            |   |     |        |            |   |     |                    |           |     |        |           |
| Allocation of net (loss) income                |     | $                  | (1,096,239 | ) |     | $      | (7,615,