v3.26.1
Recapitalization (Tables)
12 Months Ended
Dec. 31, 2025
Recapitalization [Abstract]  
Schedule of Business Combination of Cash Flows and Stockholders Equity

The following table reconciles the elements of the Business Combination to the consolidated statements of cash flows and the consolidated statements of convertible preferred stock and stockholders’ deficit:

 

Cash-Trust Account, net of redemptions  $1,276 
Less: transaction costs and professional fees, paid directly from Trust Account   1,274 
Net proceeds received from Trust   2 
Less: private and representative warrant liabilities   (1,193)
Less: related party notes   (41)
Less: related party notes - working capital loan   (2,162)
Less: excise tax payable   (1,953)
Less: accounts payable and accrued expenses   (3,053)
Reverse recapitalization, net  $(8,400)
Schedule of Common Stock to be issued of the Business Combination

The number of shares of Common Stock to be issued following the consummation of the Business Combination were, as adjusted for the Reverse Stock Split:

 

   Class A Common Stock 
NVAC Public Shares, outstanding prior to the Business Combination   1,357 
Less: Redemption of NVAC Class A common stock   (5)
Public shares of NVAC   1,352 
NVAC Founder Shares, outstanding prior the Business Combination   53,780 
NVAC Representative Shares converted to Class A Common shares   6,000 
NVAC Shares from Rights converted to Class A common shares   25,300 
Business Combination shares     
Profusa Shares   114,584 
Issuance of shares in connection with Ascent Private Note   38,691 
Conversion of notes into shares   197,098 
Common Stock immediately after the Business Combination   436,805 
Schedule of Profusa Shares

The number of Profusa Shares was determined as follows, as adjusted for the Reverse Stock Split:

 

   Legacy Profusa Shares   Profusa Shares after conversion ratio 
Preferred Stock   17,863,934    82,377 
Class A Common Stock   74,728    32,209 
Total   17,938,662    114,586 
Schedule of Business Combination
   Amount 
Inducement share costs  $7,254 
Advisory and brokers   3,930 
Accounting   1,529 
Legal   1,230 
HCW warrant costs   330 
Printers and operating fees   210 
   $14,483