Company: BLLN
Filing Date: 2025-12-10
Form Type: 10-Q
Source: 0001628280-25-056321
Chunk: 478

Company: BillionToOne, Inc.
Filing Date: 2025-12-10
Form: 10-Q
Item: Part I, Item 8
Chunk 478
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 in our financial statements and accompanying notes. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets, liabilities, equity, revenue and expenses that are not readily apparent from other sources. Actual results could therefore differ materially from these estimates under different assumptions or conditions. It is also possible that interpretation, industry practice and guidance may evolve. If our assumptions change or if actual circumstances differ from our assumptions, our operating results may be adversely affected and could fall below our publicly announced guidance or the expectations of analysts and investors, resulting in a decline in the market price of our Class A common stock.

Risks related to our Class A common stock

The market price for our Class A common stock may be volatile or may decline regardless of our operating performance, and you may lose all or part of your investment.

The market price of our Class A common stock may be highly volatile and may fluctuate or decline substantially as a result of a variety of factors, many of which are beyond our control, including:

•actual or anticipated changes or fluctuations in our results of operations;

•market speculation involving us or other companies in our industry;

•investor perceptions of us and the industry in which we operate or our failure to meet the expectations of investors;

•price and volume fluctuations in the overall stock market from time to time;

•actual or anticipated developments in our business or our competitors’ businesses or the competitive landscape generally;

•litigation involving us, other companies in our industry or both, or investigations by regulators into our operations or those of our competitors;

•developments or disputes concerning our or third-party intellectual property or proprietary rights;

•announced or completed acquisitions of businesses or technologies, or other strategic transactions by us or our competitors;

•actual or perceived breaches of, or failures relating to, privacy, data protection or data security;

•new laws or regulations or new interpretations of existing laws or regulations applicable to our business;

•actual or anticipated changes in our senior management or key personnel;

•expiration of contractual lock-up agreements and market stand-off agreements with our executive officers, directors, employees and stockholders;

•changes in the size or growth of our target markets;

•economic and market conditions in general, including those resulting from geopolitical tensions, tariffs and other trade actions, war, pandemics, terrorism or responses to these events; and

•the realization of any risks described under this “Risk Factors” section, or other risks that may