Profusa Q1 net loss widens 27% to $3.46 million year over year
Profusa, Inc.
Profusa, Inc. PFSA | 0.00 |
- Profusa posted a net loss of $3.46 million for the quarter ended March 31, 2026, widening 27%.
- Operating loss widened to $4.01 million as total operating expenses more than doubled to $4.01 million.
- Research and development expense rose to $1.15 million, up 164%, while general and administrative costs climbed to $2.86 million, up 189%.
- Other items included $1.39 million gain on extinguishment of PPP loan, $0.8 million loss on change in fair value of convertible notes.
- Cash fell to $0.4 million at March 31, 2026 from $1.8 million at Dec. 31, 2025, with management citing conditions that raise substantial doubt about going concern within one year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Profusa Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057887), on May 15, 2026, and is solely responsible for the information contained therein.
