Company: BLLN
Filing Date: 2025-12-10
Form Type: 10-Q
Source: 0001628280-25-056321
Chunk: 181

Company: BillionToOne, Inc.
Filing Date: 2025-12-10
Form: 10-Q
Item: Part I, Item 1
Chunk 181
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Item 1. Financial Statements (Unaudited)

BillionToOne, Inc

Balance Sheets 

(in thousands, except share amounts, unaudited)

September 30, 2025December 31, 2024AssetsCurrent assets:Cash and cash equivalents$195,152 $191,477 Accounts receivable34,646 24,709 Inventories17,389 8,733 Prepaid expenses and other current assets4,529 2,898 Total current assets251,716 227,817 Property and equipment, net18,667 17,111 Operating lease right-of-use assets, net48,024 51,739 Other non-current assets9,114 5,392 Total assets$327,521 $302,059 Liabilities, redeemable convertible preferred stock, and stockholders’ deficitCurrent liabilities:Accounts payable$7,806 $4,304 Accrued expenses and other current liabilities8,041 3,882 Accrued commissions2,922 2,756 Accrued compensation and employee benefits13,687 8,419 Deferred revenue, current2,683 2,806 Operating lease liabilities, current4,902 4,393 Financing lease liabilities, current744 1,826 Total current liabilities40,785 28,386 Operating lease liabilities, non-current47,046 50,802 Financing lease liabilities, non-current460 874 Long-term debt54,986 51,481 Other non-current liabilities4,348 2,763 Total liabilities147,625 134,306 Commitments and contingencies (Note 7)Redeemable convertible preferred stock, $0.00001 par value; 29,544,989 shares authorized as of September 30, 2025 and December 31, 2024; 29,084,235 shares issued and outstanding as of September 30, 2025 and December 31, 2024; aggregate liquidation preference of $422,458 as of September 30, 2025 and December 31, 2024419,409 419,409 Stockholders’ deficit:Common stock, $0.00001 par value, 51,100,000 shares authorized as of September 30, 2025 and December 31, 2024; 11,178,