Profusa FY25 net loss widens to $35.8 million; operating loss deepens to $27.7 million

• Profusa posted a net loss of $35.8 million for fiscal 2025, more than tripling from $9.2 million.
• Revenue fell to no revenue from $100,000 as grant revenue recognized in 2024 did not repeat.
• Operating loss widened to $27.7 million as operating expenses climbed to $27.7 million, led by general and administrative costs rising to $24.9 million.
• Cash used in operating activities increased to $16.2 million while cash ended year at $1.8 million; net cash from financing activities rose to $19.8 million.
• Management expects cash on hand, PIPE proceeds, ELOC draws, future operations and sale of digital assets to fund initial commercial operations, with near-term capital needs through Dec. 31, 2026 estimated at $14.5 million.

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