Bionano Genomics, Inc.
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 23, 2026
BNGO$1.23+6.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Years Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities: | ||
| Net loss | $(26,395,000) | $(112,017,000) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization expense | 9,527,000 | 14,022,000 |
| Inventory write-offs | — | 7,231,000 |
| Amortization of financing lease right-of-use asset | 204,000 | 204,000 |
| Accretion of interest on securities | (976,000) | (1,316,000) |
| Net realized loss on investments | — | 14,000 |
| Non-cash lease expense | 893,000 | 122,000 |
| Gain on lease modification | (450,000) | (73,000) |
| Stock-based compensation | 4,534,000 | 9,736,000 |
| Cost of leased equipment sold to customer | 704,000 | 361,000 |
| Change in fair value of contingent consideration | — | (10,890,000) |
| Change in fair value of convertible debentures, convertible notes payable and option liability | (5,158,000) | (8,118,000) |
| Loss on issuance of convertible debentures | — | 1,890,000 |
| Gain on High Trail extinguishment | — | (3,965,000) |
| Loss on extinguishment of convertible debentures payable | — | 7,341,000 |
| Disposal of internal-use software | — | 1,293,000 |
| Intangible assets and other long-lived assets impairment | — | 17,850,000 |
| Long-lived assets held for sale impairment | — | 425,000 |
| Right-of-use-asset impairment | — | 1,407,000 |
| Disposal of property and equipment | 258,000 | 1,404,000 |
| Changes in operating assets and liabilities | ||
| Accounts receivable | (448,000) | 4,139,000 |
| Inventory | 4,916,000 | (587,000) |
| Prepaid expenses and other current assets | (2,062,000) | 1,583,000 |
| Other long-term assets | 60,000 | 4,678,000 |
| Accounts payable | (1,372,000) | (3,420,000) |
| Accrued expenses, contract liabilities, and lease liabilities, net | (580,000) | (2,236,000) |
| Net cash used in operating activities | (16,345,000) | (68,922,000) |
| Investing activities: | ||
| Purchases of property and equipment | — | (103,000) |
| Purchase of available for sale securities | (241,879,000) | (233,021,000) |
| Sale and maturities of available for sale securities | 229,132,000 | 306,963,000 |
| Net cash provided by (used in) investing activities | (12,747,000) | 73,839,000 |
| Financing activities: | ||
| Principal payments of financing lease liability | (71,000) | (58,000) |
| Proceeds from sale of common stock and warrants | 31,098,000 | 44,433,000 |
| Offering expenses on sale of common stock and warrants | (2,122,000) | (2,953,000) |
| Proceeds from sale of common stock under employee stock purchase plan | — | 11,000 |
| Proceeds from warrant and option exercises | 9,000 | 4,000 |
| Proceeds from issuance of convertible debentures | — | 18,000,000 |
| Payments on High Trail notes | — | (61,000,000) |
| Payments on convertible debentures | (4,875,000) | (5,000,000) |
| Debt issuance costs on sale of convertible debentures | — | (1,747,000) |
| Payments of retirement fees for redemption of High Trail notes | — | (5,375,000) |
| Net cash provided by (used in) financing activities | 24,039,000 | (13,685,000) |
| Effect of exchange rates on cash and cash equivalents and restricted cash | (11,000) | (7,000) |
| Net decrease in cash and cash equivalents and restricted cash | (5,064,000) | (8,775,000) |
| Cash and cash equivalents and restricted cash at beginning of period | 9,573,000 | 18,348,000 |
| Cash and cash equivalents and restricted cash at end of period | $4,509,000 | $9,573,000 |
| Reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets to the total amounts reported on the consolidated statements of cash flows | ||
| Cash and cash equivalents | $2,990,000 | $9,173,000 |
| Money market funds classified as restricted cash and investments | 1,519,000 | — |
| Restricted cash | — | 400,000 |
| Total cash and cash equivalents and restricted cash at end of period | $4,509,000 | $9,573,000 |
| Years Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $1,674,000 | $10,653,000 |
| Cash paid for operating lease liabilities | $2,410,000 | $2,754,000 |
| Supplemental disclosure of non-cash financing and investing activity | ||
| Transfer of instruments and servers from inventory into property and equipment, net | $757,000 | $5,291,000 |
| Issuance of common stock for convertible debentures payable | $350,000 | $— |
| Accrued liability for fees to be paid in common stock | $— | $1,584,000 |
| Fees paid in common stock | $1,584,000 | $— |
| Operating lease liabilities resulting from obtaining right-of-use assets | $2,966,000 | $— |
| Non-cash Fill-Up Amount | $— | $491,000 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.