Company: BLLN
Filing Date: 2025-09-17
Form Type: DRS/A
Source: 0001193125-25-206347
Chunk: 172

Company: BillionToOne, Inc.
Filing Date: 2025-09-17
Form: DRS/A
Chunk 172
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 options.

Net cash provided by financing activities for the year ended
December 31, 2023 of $13.4 million was the result of $15.0 million in proceeds from issuance of debt and $0.4 million in proceeds from exercise of stock options, partially offset by $2.1 million of principal payments on
finance lease liabilities.

Net cash provided by financing activities for the year ended December 31, 2024 of $141.0 million was the result of
$130.0 million in proceeds from Series D redeemable convertible preferred stock, $49.8 million in net

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proceeds from issuance of debt, $1.1 million in proceeds from exercise of stock options, partially offset by $36.7 million repayment of debt upon extinguishment and the related exit
fee, $2.4 million principal payments on finance lease liabilities and $0.5 million repurchase of common stock outstanding.

Contractual obligations and commitments

Operating lease commitments. Our operating lease commitments primarily include our labs and corporate offices. As June 30, 2025, we had
fixed lease payment obligations of $72.2 million, with $9.0 million to be paid within 12 months and the remainder thereafter.

Finance lease commitments. Our finance lease commitments primarily relate to equipment used in our labs. As of June 30, 2025, we had fixed lease payment obligations of $1.7 million, with $1.0 million to be paid within 12 months and the
remainder thereafter.

Off-balancesheet arrangements

We did not have during the periods presented, and we do not currently have, any off-balance sheet financing arrangements or any
relationships with unconsolidated entities or financial partnerships, including entities sometimes referred to as structured finance or special purpose entities, that were established for the purpose of facilitating
off-balance sheet arrangements or other contractually narrow or limited purposes.

Quantitative and qualitative disclosures about market risk

We are exposed to market risks in the ordinary course of our business. Market risk represents the risk of loss that may impact
our financial position due to adverse changes in financial market prices and rates. Our market risk exposure is primarily the result of fluctuations in interest rates, inflation and foreign currency exchange rates.

Interest rate risk

We are exposed to market risk related to changes
in interest rates. We had cash and cash equivalents of $97.3 million, $191.5 million and $189.0 million as of December 31, 202