| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Research and development | 722,000 | - | ||
| General and administrative | 20,987,000 | - | ||
| Formation and operating costs | - | 967,084 | ||
| Total operating expenses | 21,709,000 | - | ||
| Loss from operations | -21,709,000 | -967,084 | ||
| Interest income earned on cash held in trust account | - | 15,159 | ||
| Gain (loss) on change in the fair value of related party convertible debt | 258,000 | - | ||
| Gain on the change in fair value of warrant liabilities | -884,000 | 5,917,445 | ||
| Loss on the change in fair value of digital assets | 28,000 | - | ||
| Interest expense (including related parties amounts of 97 and 575 for the three months ended september 30, 2025 and september 30, 2024, and 1,326 and 1,774 for the nine months ended september 30, 2025 and september 30, 2024, respectively) | 169,000 | - | ||
| Change in fair value of securities purchase agreement | - | 170,391 | ||
| Financing costs | 1,443,000 | - | ||
| Change in fair value of convertible promissory note | - | 1,154,729 | ||
| Other income (expense) | 15,000 | - | ||
| Total other expense, net | -483,000 | -7,227,406 | ||
| Loss before provision for income tax | - | -8,194,490 | ||
| Income tax provision | - | 2,386 | ||
| Net loss and comprehensive loss | -22,192,000 | -8,196,876 | ||
| Net loss per share, basic (in dollars per share) | -0.7 | -1.53 | ||
| Net loss per share, diluted (in dollars per share) | -0.7 | -1.53 | ||
| Weighted-average common shares outstanding, basic (in shares) | 31,731,118 | 5,193,750 | ||
| Weighted-average common shares outstanding, diluted (in shares) | 31,731,118 | 5,193,750 | ||
Profusa, Inc. (NVACW)
Profusa, Inc. (NVACW)