Modular Medical, Inc. financial data

Symbol
MODD on Nasdaq
Location
San Diego, CA
Fiscal year end
31 March
Latest financial report
10-Q - Q3 2025 - 14 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 401% % 1.7%
Debt-to-equity 21% % -25%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 63,599,550 shares 84%
Common Stock, Shares, Outstanding 61,171,000 shares 78%
Entity Public Float $62,273,909 USD 247%
Common Stock, Value, Issued $61,000 USD 79%
Weighted Average Number of Shares Outstanding, Basic 55,576,000 shares 62%
Weighted Average Number of Shares Outstanding, Diluted 55,576,000 shares 62%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense $18,517,000 USD 34%
General and Administrative Expense $5,948,000 USD 20%
Operating Income (Loss) $24,465,000 USD -30%
Nonoperating Income (Expense) $102,000 USD 23%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $7,788,000 USD -57%
Income Tax Expense (Benefit) $2,000 USD 0%
Net Income (Loss) Attributable to Parent $7,790,000 USD -57%
Earnings Per Share, Basic 0 USD/shares 19%
Earnings Per Share, Diluted 0 USD/shares 19%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $5,316,000 USD
Assets, Current $5,947,000 USD 42%
Property, Plant and Equipment, Net $6,459,000 USD 77%
Operating Lease, Right-of-Use Asset $568,000 USD -40%
Assets $12,974,000 USD 48%
Accounts Payable, Current $338,000 USD
Accrued Liabilities, Current $715,000 USD 107%
Liabilities, Current $4,044,000 USD 225%
Operating Lease, Liability, Noncurrent $161,000 USD -74%
Liabilities $4,205,000 USD 127%
Retained Earnings (Accumulated Deficit) $99,245,000 USD -32%
Stockholders' Equity Attributable to Parent $8,769,000 USD 27%
Liabilities and Equity $12,974,000 USD 48%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $5,372,000 USD -51%
Net Cash Provided by (Used in) Financing Activities $733,000 USD 249%
Net Cash Provided by (Used in) Investing Activities $934,000 USD -11%
Common Stock, Shares Authorized 100,000,000 shares 0%
Common Stock, Shares, Issued 61,171,000 shares 78%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $5,316,000 USD 37%
Deferred Tax Assets, Valuation Allowance $23,037,000 USD 20%
Deferred Tax Assets, Gross $23,733,000 USD 23%
Operating Lease, Liability $611,000 USD -39%
Payments to Acquire Property, Plant, and Equipment $934,000 USD 11%
Lessee, Operating Lease, Liability, to be Paid $642,000 USD -42%
Property, Plant and Equipment, Gross $8,815,000 USD 85%
Operating Lease, Liability, Current $450,000 USD 13%
Lessee, Operating Lease, Liability, to be Paid, Year Two $405,000 USD -14%
Lessee, Operating Lease, Liability, to be Paid, Year One $405,000 USD -14%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $31,000 USD -67%
Lessee, Operating Lease, Liability, to be Paid, Year Three $405,000 USD -14%
Deferred Tax Assets, Operating Loss Carryforwards $14,343,000 USD 32%
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Unrecognized Tax Benefits $1,104,000 USD
Operating Lease, Payments $117,000 USD 4.5%
Additional Paid in Capital $107,515,000 USD 31%
Share-based Payment Arrangement, Expense $4,000 USD -56%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%