BillionToOne, Inc.
For the period ended Sep 30, 2025. Filed Dec 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Dec 10, 2025
BLLN$114.95+0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(in thousands, except share amounts, unaudited)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $195,152 | $191,477 |
| Accounts receivable | 34,646 | 24,709 |
| Inventories | 17,389 | 8,733 |
| Prepaid expenses and other current assets | 4,529 | 2,898 |
| Total current assets | 251,716 | 227,817 |
| Property and equipment, net | 18,667 | 17,111 |
| Operating lease right-of-use assets, net | 48,024 | 51,739 |
| Other non-current assets | 9,114 | 5,392 |
| Total assets | $327,521 | $302,059 |
| Liabilities, redeemable convertible preferred stock, and stockholders’ deficit | ||
| Current liabilities: | ||
| Accounts payable | $7,806 | $4,304 |
| Accrued expenses and other current liabilities | 8,041 | 3,882 |
| Accrued commissions | 2,922 | 2,756 |
| Accrued compensation and employee benefits | 13,687 | 8,419 |
| Deferred revenue, current | 2,683 | 2,806 |
| Operating lease liabilities, current | 4,902 | 4,393 |
| Financing lease liabilities, current | 744 | 1,826 |
| Total current liabilities | 40,785 | 28,386 |
| Operating lease liabilities, non-current | 47,046 | 50,802 |
| Financing lease liabilities, non-current | 460 | 874 |
| Long-term debt | 54,986 | 51,481 |
| Other non-current liabilities | 4,348 | 2,763 |
| Total liabilities | 147,625 | 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, 2024 | 419,409 | 419,409 |
| Stockholders’ deficit: | ||
| Common stock, $0.00001 par value, 51,100,000 shares authorized as of September 30, 2025 and December 31, 2024; 11,178,467 and 10,925,950 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | - | - |
| Additional paid-in capital | 41,211 | 30,545 |
| Accumulated deficit | (280,724) | (282,201) |
| Total stockholders’ deficit | (239,513) | (251,656) |
| Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit | $327,521 | $302,059 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.