v3.25.4
Related Party Transactions
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
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 debt, loans payable and promissory notes. These investments have included various related parties issued at arms-length.

 

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		  September 30,
2025		   December 31,
2024		 
Tasly  Shareholder  Convertible debt payable at fair value  $2,207   $2,234 
Ascent PIPE convertible note  Shareholder  Loan payable related party at fair value   14,359    
-
 
Northview Acquisition Corp Sponsor  Shareholder  Convertible debt payable at fair value   1,920    
-
 
The founders  Shareholder  Promissory notes

878		    850 
Various Individuals  Shareholder  Convertible debt payable  $
-
   $22,822 
Northview Acquisition Corp Sponsor  Shareholder 

Due to from Related Party

   41    
-
 

 

See Note 6 for full disclosures on debt, including the convertible debt payable, loans payable and promissory notes.

Note 10 — Related Party Transactions

 

The Company issued convertible notes (also referred to as junior notes), Tasly convertible debt, and promissory notes to certain shareholders. Refer to Note 5 for detail.