Company: BLLN
Filing Date: 2025-10-17
Form Type: S-1/A
Source: 0001193125-25-242632
Chunk: 394

Company: BillionToOne, Inc.
Filing Date: 2025-10-17
Form: S-1/A
Chunk 394
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220-40):Disaggregation of Income Statement Expenses, which requires disclosure in the notes to the financial statements of specified information about an entity’s certain costs and expenses. The amendments to the standards are effective for the Company’s fiscal year beginning January 1, 2027 and interim periods beginning January 1, 2028. Early adoption is permitted. The amendments should be applied either prospectively to the financial statements issued for reporting periods after the effective date of this ASU or retrospectively to any or all prior periods presented in the financial statements. The Company is currently evaluating this ASU to determine the impact it may have on its financial statements and related disclosures. In July 2025, the FASB issued ASU 2025-05, Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides for a practical expedient to estimate credit losses related to accounts receivable and contract assets from revenue contracts accounted for in accordance with ASC 606 using information as of the balance sheet date. This ASU is effective for the Company’s fiscal year beginning January 1, 2026 and early adoption is permitted. The Company is currently evaluating this ASU to determine the impact it may have on its financial statements and related disclosures. (3) Fair Value Measurements The fair value measurements of assets and liabilities that are measured at fair value on a recurring basis consisted of the following as of December 31, 2024 (in thousands):

|                                                 |     | As of December 31, 2024 |       |     |         |   |     |         |        |     |       |        |
|:------------------------------------------------|:----|:------------------------|------:|:----|:--------|:--|:----|:--------|-------:|:----|:------|-------:|
|                                                 |     | Level 1                 |       |     | Level 2 |   |     | Level 3 |        |     | Total |        |
| Current assets:                                 |     |                         |       |     |         |   |     |         |        |     |       |        |
| Money market funds                              |     | $                       | 7,538 |     | $       | - |     | $       |      - |     | $     |  7,538 |
| Total assets                                    |     | $                       | 7,538 |     | $       | - |     | $       |      - |     | $     |