BillionToOne, Inc.
For the period ended Sep 30, 2025. Filed Dec 10, 2025.
View on SEC.govAbout this filing
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$112.00-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Operations and Comprehensive Income (Loss)
(in thousands, except per share amounts, unaudited)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $83,523 | $38,419 | $209,059 | $107,505 |
| Cost of revenue | 25,107 | 18,204 | 69,205 | 52,309 |
| Gross profit | 58,416 | 20,215 | 139,854 | 55,196 |
| Operating expenses: | ||||
| Research and development | 12,953 | 9,550 | 35,134 | 25,600 |
| Selling, general and administrative | 35,830 | 23,299 | 99,029 | 65,050 |
| Total operating expenses | 48,783 | 32,849 | 134,163 | 90,650 |
| Income (loss) from operations | 9,633 | (12,634) | 5,691 | (35,454) |
| Other income (expense): | ||||
| Interest income | 1,535 | 1,952 | 4,492 | 4,148 |
| Interest expense | (20) | (422) | (92) | (2,339) |
| Net (loss) gain on extinguishment of debt | - | (1,346) | - | 7,289 |
| Change in fair value of term loan | (3,936) | (2,283) | (7,038) | (2,283) |
| Change in fair value of convertible notes | - | - | - | (835) |
| Other expense, net | (1,630) | (171) | (1,591) | (614) |
| Total other (expense) income | (4,051) | (2,270) | (4,229) | 5,366 |
| Income (loss) before provision for income taxes | 5,582 | (14,904) | 1,462 | (30,088) |
| Provision for income taxes | (129) | - | (15) | 5 |
| Net income (loss) and comprehensive income (loss) | $5,711 | $(14,904) | $1,477 | $(30,093) |
| Less: Net income attributable to participating securities | (4,204) | - | (1,089) | - |
| Net income (loss) attributable to common stockholders | 1,507 | (14,904) | 388 | (30,093) |
| Net income (loss) per share, basic and diluted: | ||||
| Net income (loss) per share, basic | $0.14 | $(1.47) | $0.04 | $(2.99) |
| Net income (loss) per share, diluted | $0.10 | $(1.47) | $0.03 | $(2.99) |
| Weighted-average shares used in calculating net income (loss) per share, basic and diluted: | ||||
| Weighted-average shares used in calculating net income (loss) per share, basic | 10,429,583 | 10,107,487 | 10,376,253 | 10,049,097 |
| Weighted-average shares used in calculating net income (loss) per share, diluted | 15,571,949 | 10,107,487 | 15,117,365 | 10,049,097 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.