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Net Loss Per Share Attributable to Common Stockholders (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Net Loss Per Share Attributable to Common Stockholders [Abstract]    
Schedule of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

Three Months
Ended
June 30,
2025

 

Three Months
Ended
June 30,
2024

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(2,348

)

 

$

(2,071

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to computing basic and diluted net loss
per share

 

 

5,604,651

 

 

 

5,601,651

 

Net loss per share attributable to common stockholders – basic and diluted:

 

$

(0.42

)

 

$

(0.37

)

 

Six Months
Ended
June 30,
2025

 

Six Months
Ended
June 30,
2024

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(5,064

)

 

$

(4,481

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to computing basic and diluted net loss per share

 

 

5,604,651

 

 

 

5,601,651

 

Net loss per share attributable to common stockholders – basic and diluted:

 

$

(0.90

)

 

$

(0.80

)

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

Year Ended
December 31,
2024

 

Year Ended
December 31,
2023

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(9,230

)

 

$

(10,281

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to computing basic and diluted net loss per share

 

 

5,604,651

 

 

 

5,600,741

 

Net loss per share attributable to common stockholders – basic and diluted:

 

$

(1.65

)

 

$

(1.84

)

Schedule of Diluted Net Loss Per Share Attributable to Common Stockholders  

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

Years ended
December 31,

   

2024

 

2023

Convertible preferred stock

 

17,863,934

 

 

17,863,934

 

Convertible notes payable

 

3,363,624

 

 

2,251,941

(1)

Convertible loans

 

(2)

 

 

Options to purchase common stock

 

2,972,055

 

 

2,982,055

 

Total

 

24,199,613

 

 

23,097,930

 

(1)      The conversion of the Convertible Notes and Senior Notes to common stock is dependent on the price of SPAC transaction or other equity offering and the completion date of such offerings. These factors are not estimable, therefore, the number of common stock is not determinable.

(2)      The Tasly Convertible Notes issued between June and August 2023 and completed in February 2024 are convertible upon occurrence of various conversion scenarios. Therefore, the number of common stock shares issuable upon their conversion is not currently estimable.

Schedule of Diluted Net Loss Per Share Attributable to Common Stockholders

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

Three months ended
June 30,

   

2025

 

2024

Convertible preferred stock

 

17,863,934

 

 

17,863,934

 

Convertible notes payable(1)

 

42,430,263

 

 

25,721,548

 

Convertible loans

 

(2)

 

(2)

Options to purchase common stock

 

4,520,250

 

 

2,972,055

 

Total

 

64,814,447

 

 

46,557,537

 

(1)      The conversion of the Convertible Notes and Senior Notes to common stock is dependent on the price of SPAC transaction or other equity offering and the completion date of such offerings. These factors are not estimable, therefore, the number of common stock is not determinable.

(2)      The Tasly Convertible Notes issued between June and August 2023 and completed in February 2024 are convertible upon occurrence of various conversion scenarios. Therefore, the number of common stock shares issuable upon their conversion is not currently estimable.

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

Six months ended
June 30,

   

2025

 

2024

Convertible preferred stock

 

17,863,934

 

 

17,863,934

 

Convertible notes payable(1)

 

42,430,263

 

 

25,721,548

 

Convertible loans

 

(2)

 

(2)

Options to purchase common stock

 

4,520,250

 

 

2,972,055

 

Total

 

64,814,447

 

 

46,557,537

 

(1)      The conversion of the Convertible Notes and Senior Notes to common stock is dependent on the price of SPAC transaction or other equity offering and the completion date of such offerings. These factors are not estimable, therefore, the number of common stock is not determinable.

(2)      The Tasly Convertible Notes issued between June and August 2023 and completed in February 2024 are convertible upon occurrence of various conversion scenarios. Therefore, the number of common stock shares issuable upon their conversion is not currently estimable.