v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Government grant revenue $ 25,000 $ 100,000 $ 45,000
Operating expenses:        
Research and development 434,000 506,000 1,608,000 2,036,000
General and administrative 990,000 833,000 2,992,000 4,079,000
Total operating expenses 1,424,000 1,339,000 4,600,000 6,115,000
Loss from operations (1,424,000) (1,314,000) (4,500,000) (6,070,000)
Other income (expenses)        
Gain (loss) on change in the fair value of related party Tasly convertible debt (61,000) 4,000 (311,000) (22,000)
Interest expense (1,230,000) (1,080,000) (4,424,000) (4,283,000)
Other income (loss) (1,000) 5,000 5,000 94,000
Total other expense, net (1,292,000) (1,071,000) (4,730,000) (4,211,000)
Net loss and comprehensive loss $ (2,716,000) $ (2,385,000) $ (9,230,000) $ (10,281,000)
Net loss per share, basic (in Dollars per share) $ (0.48) $ (0.43) $ (1.65) $ (1.84)
Net loss per share, diluted (in Dollars per share) $ (0.48) $ (0.43) $ (1.65) $ (1.84)
Weighted-average common shares outstanding, basic (in Shares) 5,604,651 5,601,651 5,604,651 5,600,741
Weighted-average common shares outstanding, diluted (in Shares) 5,604,651 5,601,651 5,604,651 5,600,741
Income tax provision    
Northview Acquisition Corporation        
Operating expenses:        
Loss from operations $ (583,581) $ (470,841) (1,351,038) (1,508,683)
Other income (expenses)        
Interest income earned on cash held in Trust Account 79,925 116,664 425,416 2,248,538
Change in fair value of convertible promissory note (225,330) 60,077 (7,165,953) 177,697
Change in fair value of securities purchase agreement (23,487)    
Change in fair value of warrant liabilities (348,085) (504,723) (539,531) 701,148
Total other expense, net (516,977) (327,982) (7,280,068) 3,127,383
Net loss and comprehensive loss $ (1,119,910) $ (820,277) $ (8,711,619) $ 1,161,910
Net loss per share, basic (in Dollars per share) $ (0.19) $ (0.14) $ (1.47) $ 0.12
Net loss per share, diluted (in Dollars per share) $ (0.19) $ (0.14) $ (1.47) $ 0.12
Weighted-average common shares outstanding, basic (in Shares) 5,193,750 5,193,750 5,193,750 5,193,750
Weighted-average common shares outstanding, diluted (in Shares) 5,193,750 5,193,750 5,193,750 5,193,750
(Loss) income before provision for income tax $ (1,100,558) $ (798,823) $ (8,631,106) $ 1,618,700
Income tax provision $ (19,352) $ (21,454) $ (80,513) $ (456,790)
Basic weighted average shares outstanding, common stock subject to possible redemption (in Shares) 657,910 828,228 747,644 4,866,356
Diluted weighted average shares outstanding, common stock subject to possible redemption (in Shares) 657,910 828,228 747,644 4,866,356
Basic net (loss) income per share, common stock subject to possible redemption (in Dollars per share) $ (0.19) $ (0.14) $ (1.47) $ 0.12
Diluted net (loss) income per share, common stock subject to possible redemption (in Dollars per share) $ (0.19) $ (0.14) $ (1.47) $ 0.12
Formation and operating costs $ 583,581 $ 470,841 $ 1,351,038 $ 1,508,683