v3.26.1
Related Party Transactions
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

Note 10 — Related Party Transactions

 

The Company has funded its operations to date primarily through private sales of convertible preferred stock, convertible notes, convertible loans payable and promissory notes. These investments have included various related parties. The following table presents the various significant related party transactions and investments in the Company for the periods presented (in thousands):

 

Related Party   Nature of relationship   Description of investment or transaction   June 30,
2026		     December 31,
2025		  
Tasly   Shareholder   Convertible note held at fair value(1)   $ 2,629     $ 2,290  
NVAC Sponsor I, LLC   Shareholder   Convertible note held at fair value(1)   $ 2,114     $ 1,870  
The founders   Shareholder   Promissory notes(1)   $ 410     $ 400  
NVAC Sponsor I, LLC   Shareholder   Due to Related Party(2)   $ 41     $ 41  

 

For the three months ended June 30, 2026 and 2025, related party interest expense was $5 thousand and $0.5 million, respectively. For the six months ended June 30, 2026 and 2025, related party interest expense was $10 thousand and $1.1 million, respectively.

 

(1) See Note 5 for full disclosures on debt, including the convertible notes payable, convertible loans payable and promissory notes.
(2) As of June 30, 2026 and December 31, 2025, $41 thousand relating to an administrative service fee remains outstanding which originated from the net assets of the Northview balance sheet that was brought over at the time of the merger at fair value and has had no change.