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BillionToOne, Inc.

For the period ended Sep 30, 2025. Filed Dec 10, 2025.

View on SEC.gov

About 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 exhibits

Statements of Redeemable Convertible Preferred Stock and Stockholders’ Deficit

(in thousands, except share data, unaudited)

Three Months Ended September 30, 2025
Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-InCapital · AccumulatedDeficit · TotalStockholders’Deficit
Shares · Amount · Shares · Amount
Balance at June 30, 202529,084,235$419,40911,085,044$-$36,182$(286,435)$(250,253)
Issuance of common stock upon exercise of stock options--93,423-554-554
Stock-based compensation----4,475-4,475
Net income-----5,7115,711
Balance at September 30, 202529,084,235$419,40911,178,467$-$41,211$(280,724)$(239,513)
Three Months Ended September 30, 2024
Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-InCapital · AccumulatedDeficit · TotalStockholders’Deficit
Shares · Amount · Shares · Amount
Balance at June 30, 202429,084,235$419,43510,778,769$-$25,578$(255,820)$(230,242)
Issuance of Series D redeemable convertible preferred stock, net of issuance costs of $474-(26)-----
Issuance of common stock upon exercise of stock options--29,804-142-142
Stock-based compensation----2,150-2,150
Net loss-----(14,904)(14,904)
Balance at September 30, 202429,084,235$419,40910,808,573$-$27,870$(270,724)$(242,854)
Nine Months Ended September 30, 2025
Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-InCapital · AccumulatedDeficit · TotalStockholders’Deficit
Shares · Amount · Shares · Amount
Balance at December 31, 202429,084,235$419,40910,925,950$-$30,545$(282,201)$(251,656)
Issuance of common stock upon exercise of stock options--252,517-1,085-1,085
Stock-based compensation----9,581-9,581
Net income-----1,4771,477
Balance at September 30, 202529,084,235$419,40911,178,467$-$41,211$(280,724)$(239,513)

Statements of Redeemable Convertible Preferred Stock and Stockholders’ Deficit

(in thousands, except share data, unaudited)

Nine Months Ended September 30, 2024
Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-InCapital · AccumulatedDeficit · TotalStockholders’Deficit
Shares · Amount · Shares · Amount
Balance at December 31, 202322,701,179$249,52710,572,061$-$21,578$(240,631)$(219,053)
Issuance of Series C-1 redeemable convertible preferred stock upon conversion of Convertible Notes1,726,82339,886-----
Issuance of Series D redeemable convertible preferred stock, net of issuance costs of $4744,656,233129,996-----
Issuance of common stock upon exercise of stock options--263,262-778-778
Stock-based compensation----6,055-6,055
Repurchase of common stock--(26,750)-(546)-(546)
Vesting of early exercises----5-5
Net loss-----(30,093)(30,093)
Balance at September 30, 202429,084,235$419,40910,808,573$-$27,870$(270,724)$(242,854)
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.