Modular Medical, Inc. financial data

Symbol
MODD on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
16772 West Bernardo Drive, San Diego, CA
State of incorporation
NV
Fiscal year end
March 31
Former names
BEAR LAKE RECREATION INC (to 5/25/2017)
Latest financial report
10-Q - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 491 % -3.52%
Debt-to-equity 22 % -28.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 40.7M shares +85.7%
Common Stock, Shares, Outstanding 40.7M shares +190824%
Entity Public Float 18M USD -21%
Common Stock, Value, Issued 41K USD +95.2%
Weighted Average Number of Shares Outstanding, Basic 37.8M shares +67.7%
Weighted Average Number of Shares Outstanding, Diluted 37.8M shares +67.7%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 13.9M USD +15.4%
General and Administrative Expense 4.51M USD -5.15%
Operating Income (Loss) -18.4M USD -9.58%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.8M USD +8.83%
Income Tax Expense (Benefit) 2K USD 0%
Net Income (Loss) Attributable to Parent -4.8M USD +8.83%
Earnings Per Share, Basic -0.53 USD/shares +43.6%
Earnings Per Share, Diluted -0.53 USD/shares +41.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.99M USD +241%
Assets, Current 7.33M USD +213%
Property, Plant and Equipment, Net 3.96M USD +50.3%
Operating Lease, Right-of-Use Asset 860K USD -29.7%
Assets 12.1M USD +96%
Accounts Payable, Current 522 USD -25.9%
Employee-related Liabilities, Current 304K USD
Accrued Liabilities, Current 451K USD +20.9%
Liabilities, Current 1.38M USD -3.89%
Operating Lease, Liability, Noncurrent 504K USD -44.9%
Liabilities 1.89M USD -19.8%
Retained Earnings (Accumulated Deficit) -79.8M USD -29.5%
Stockholders' Equity Attributable to Parent 10.3M USD +167%
Liabilities and Equity 12.1M USD +96%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.55M USD -10.6%
Net Cash Provided by (Used in) Financing Activities 210K USD +2058%
Net Cash Provided by (Used in) Investing Activities -842K USD -126%
Common Stock, Shares Authorized 100M shares +100%
Common Stock, Shares, Issued 40.7M shares +190824%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 6.15M USD +33.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.99M USD +241%
Deferred Tax Assets, Valuation Allowance 19.2M USD +29.6%
Deferred Tax Assets, Gross 19.5M USD +29.8%
Operating Lease, Liability 914K USD -28.4%
Payments to Acquire Property, Plant, and Equipment 842K USD +126%
Lessee, Operating Lease, Liability, to be Paid 990K USD -31.2%
Property, Plant and Equipment, Gross 5.36M USD +69%
Operating Lease, Liability, Current 410K USD +13.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 405K USD -13.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 470K USD +3.98%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 76K USD -52.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 405K USD -13.9%
Deferred Tax Assets, Operating Loss Carryforwards 10.9M USD +24.2%
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 405K USD
Operating Lease, Payments 112K USD -24.8%
Additional Paid in Capital 90M USD +37.5%
Share-based Payment Arrangement, Expense 5K USD -54.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%