Company: BLLN
Filing Date: 2025-09-17
Form Type: DRS/A
Source: 0001193125-25-206347
Chunk: 171

Company: BillionToOne, Inc.
Filing Date: 2025-09-17
Form: DRS/A
Chunk 171
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 decrease in other non-current assets and
prepaid expenses, and a

$1.5 million decrease in inventory due to build up for anticipated demand. These cash flow uses were partially offset by an increase of
$6.8 million in accrued compensation, commissions and other employee benefits due to increased employee headcount and increased sales which increased commissions and bonuses, $3.1 million in accounts payable and other accrued expenses due
to increased testing volumes and timing of payments and

non-cash charges of $17.0 million primarily consisting of
stock-based compensation, depreciation and amortization, amortization of operating right-of-use assets, change in fair value of 2022 Convertible Notes which were
partially offset by the gain on extinguishment of debt.

Investing activities

Net cash used in investing activities for the six months ended June 30, 2024 of $1.8 million was the result of $1.8 million in purchases of property and
equipment.

Net cash used in investing activities for the six months ended June 30, 2025 of $5.2 million was the result of $5.2 million in purchases
of property and equipment.

Net cash provided by investing activities for the year ended December 31, 2023 of $82.8 million was the result of
$90.0 million proceeds from maturities of certificates of deposit, partially offset by $6.2 million in purchases of property and equipment and $1.0 million deposits paid for financing leases.

Net cash used in investing activities for the year ended December 31, 2024 of $5.4 million was the result of $5.4 million in purchases of property and
equipment.

Financing activities

Net cash provided by financing
activities for the six months ended June 30, 2024 of $128.9 million was the result of $130.0 million in proceeds from Series D redeemable convertible preferred stock and $0.6 million in proceeds from exercise of stock options,
partially offset by $1.2 million principal payments on finance lease liabilities and a $0.5 million repurchase of common stock outstanding.

Net cash used
in financing activities for the six months ended June 30, 2025 of $1.1 million was the result of $1.0 million principal payments on finance lease liabilities and $0.6 million in payments for deferred offering costs related to
this offering, partially offset by $0.5 million in proceeds from exercise of stock