MODD

Modular Medical, Inc.

Price Chart

Latest Quote

$2.98

-0.26 (-8.02%)

Current Price

Previous Close	$3.24
Open	$3.24
Day High	$3.28
Day Low	$2.81
Volume	118,270

Fetched: 2026-07-18T04:24:03

Stock Information

Shares Outstanding	5.41M
Total Debt	$393K
Cash Equivalents	$6.94M
Net Income	$-28.24M
Sector	Healthcare
Industry	Medical Devices
Market Cap	$16.13M
EPS (TTM)	$-12.36
Exchange	NCM

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$9.58M
Income	$-28.24M
Book/sh	$2.78
Cash/sh	$1.28
Employees	50

Financial Ratios

Quick Ratio	3.71
Current Ratio	4.03
Debt/Eq	3.03

Returns & Margins

ROA	-102.63%
ROE	-188.05%

Ownership

Insider Ownership	2.55%
Institutional Ownership	31.21%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	-5.84
P/B	1.07

Analyst Data

Recommendation

none

Technical Indicators

SMA20	$4.27
SMA50	$4.33
SMA200	$9.73
RSI	17.76
ATR	0.6001

Shares Float	4.63M
Short Float	3.07%
Short Ratio	1.39
Volatility	0.07
Rel Volume	0.66

Performance History

Week	-25.31%
Month	-39.31%
Quarter	-38.17%
6 Months	-78.45%
YTD	-74.20%
Year	-85.91%
3 Years	-89.65%
10 Years	-97.32%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$2.98	118,700
2026-07-16	$3.24	366,000
2026-07-15	$4.19	297,400
2026-07-14	$4.31	321,100
2026-07-13	$3.99	53,500
2026-07-10	$3.99	27,600
2026-07-09	$4.06	23,100
2026-07-08	$4.10	54,800
2026-07-07	$4.28	61,200
2026-07-06	$4.64	30,600
2026-07-02	$4.60	54,500
2026-07-01	$4.68	57,800
2026-06-30	$4.50	299,600
2026-06-29	$4.88	284,100
2026-06-26	$4.94	889,500
2026-06-25	$4.12	55,300
2026-06-24	$4.20	391,300
2026-06-23	$4.29	77,100
2026-06-22	$4.34	35,300
2026-06-18	$5.15	96,300

About Modular Medical, Inc.

Modular Medical, Inc. operates as a medical device company. The company focuses on the design, development, and commercialization of insulin pumps. It also offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. Modular Medical, Inc. is headquartered in San Diego, California.

📰 Latest News

EXCLUSIVE: Modular Medical Advances Commercial Rollout With First Active Users Of Pivot Insulin Pump

Benzinga • 2026-07-01T14:31:03Z

Why Tandem Diabetes (TNDM) Shares Are Sliding Today

StockStory • 2026-06-30T23:39:01Z

Qualcomm unveils Meta as first data center customer, shares climb

Investing.com • 2026-06-24T20:27:46Z

EXCLUSIVE: Modular Medical Transitions To Commercial Stage With Pivot Insulin Pump Launch

Benzinga • 2026-06-24T12:01:05Z

Modular Medical starts production of validation lots for Pivot pump set

TipRanks • 2026-02-05T13:56:05Z

This Modular Medical Insider Increased Their Holding By 59% Last Year

Simply Wall St. • 2025-12-18T10:46:04Z

Period:

Income Statement (Annual)

Metric	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Revenue
Total Revenue	$0	$0	$0	$0
Operating Revenue	$0	$0	$0	$0
Expenses
Total Expenses	$27,560,000	$19,048,000	$17,529,000	$13,878,000
Other Income Expense	$-680,000	$226,000	$61,000	$1,000
Other Non Operating Income Expenses	$155,000	$226,000	$61,000	$1,000
Operating Expense	$27,560,000	$19,048,000	$17,529,000	$13,878,000
General And Administrative Expense	$7,587,000	$4,351,000	$4,649,000	$4,816,000
Interest Expense	-	-	-	$0
Net Non Operating Interest Income Expense	-	-	-	$0
Interest Expense Non Operating	-	-	-	$0
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Normalized Income	$-27,407,000	$-18,824,000	$-17,470,000	$-13,879,000
Net Income From Continuing And Discontinued Operation	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Total Operating Income As Reported	$-27,560,000	$-19,048,000	$-17,529,000	$-13,878,000
Net Income Common Stockholders	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Net Income	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Net Income Including Noncontrolling Interests	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Net Income Continuous Operations	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Pretax Income	$-28,240,000	$-18,822,000	$-17,468,000	$-13,877,000
Operating Income	$-27,560,000	$-19,048,000	$-17,529,000	$-13,878,000
Net Interest Income	-	-	-	$0
Special Income Charges	-	-	-	$0
Interest Income	-	-	-	-
Interest Income Non Operating	-	-	-	-
Per Share
Diluted EPS	-	$-15.26	$-23.40	$-34.50
Basic EPS	-	$-15.26	$-23.40	$-34.50
Other
Tax Effect Of Unusual Items	$0	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-25,053,000	$-17,985,000	$-17,103,000	$-13,726,000
Total Unusual Items	$-835,000	-	-	$0
Total Unusual Items Excluding Goodwill	$-835,000	-	-	$0
Reconciled Depreciation	$1,672,000	$1,063,000	$426,000	$152,000
EBITDA (Bullshit earnings)	$-25,888,000	$-17,985,000	$-17,103,000	$-13,726,000
EBIT	$-27,560,000	$-19,048,000	$-17,529,000	$-13,878,000
Diluted NI Availto Com Stockholders	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Tax Provision	$2,000	$2,000	$2,000	$2,000
Gain On Sale Of Security	$-835,000	-	-	-
Research And Development	$19,973,000	$14,697,000	$12,880,000	$9,062,000
Selling General And Administration	$7,587,000	$4,351,000	$4,649,000	$4,816,000
Other Gand A	$7,587,000	$4,351,000	$4,649,000	$4,816,000
Diluted Average Shares	-	$1,233,000	$745,899	$403,433
Basic Average Shares	-	$1,233,000	$745,899	$403,433
Other Special Charges	-	-	-	-

Fetched: 2026-07-15

Balance Sheet (Annual)

Metric	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Assets
Net Tangible Assets	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Total Assets	$14,832,000	$18,735,000	$13,807,000	$7,245,000
Total Non Current Assets	$7,290,000	$5,218,000	$4,110,000	$3,199,000
Other Non Current Assets	$61,000	-	-	-
Current Assets	$7,542,000	$13,517,000	$9,697,000	$4,046,000
Prepaid Assets	$583,000	$352,000	$318,000	$242,000
Receivables	$17,000	$70,000	$147,000	$5,000
Other Receivables	$17,000	$70,000	$147,000	$5,000
Cash Cash Equivalents And Short Term Investments	$6,942,000	$13,095,000	$9,232,000	$3,799,000
Cash And Cash Equivalents	$6,942,000	$13,095,000	$9,232,000	$3,799,000
Non Current Prepaid Assets	-	-	-	$0
Other Current Assets	-	-	-	$146,866
Debt
Total Debt	$393,000	$816,000	$1,190,000	$1,545,000
Long Term Debt And Capital Lease Obligation	$0	$393,000	$817,000	$1,190,000
Current Debt And Capital Lease Obligation	$393,000	$423,000	$373,000	$355,000
Net Debt	-	-	-	-
Current Debt	-	-	-	-
Other Current Borrowings	-	-	-	-
Liabilities
Total Liabilities Net Minority Interest	$1,873,000	$1,658,000	$2,272,000	$2,169,000
Total Non Current Liabilities Net Minority Interest	$0	$393,000	$817,000	$1,190,000
Current Liabilities	$1,873,000	$1,265,000	$1,455,000	$979,000
Payables And Accrued Expenses	$1,480,000	$842,000	$1,082,000	$624,000
Payables	$992,000	$338,000	$802,000	$285,000
Accounts Payable	$992,000	$338,000	$802,000	$285,000
Tradeand Other Payables Non Current	-	-	-	-
Current Notes Payable	-	-	-	-
Interest Payable	-	-	-	-
Equity
Common Stock Equity	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Total Equity Gross Minority Interest	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Stockholders Equity	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Retained Earnings	$-112,995,000	$-84,753,000	$-65,929,000	$-48,459,000
Other
Ordinary Shares Number	$4,661,160	$1,790,202	$1,082,122	$364,979
Share Issued	$4,661,160	$1,790,202	$1,082,122	$364,979
Tangible Book Value	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Invested Capital	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Working Capital	$5,669,000	$12,252,000	$8,242,000	$3,067,000
Capital Lease Obligations	$393,000	$816,000	$1,190,000	$1,545,000
Total Capitalization	$12,959,000	$17,077,000	$11,535,000	$5,076,000
Additional Paid In Capital	$125,949,000	$101,828,000	$77,432,000	$53,524,000
Capital Stock	$5,000	$2,000	$32,000	$11,000
Common Stock	$5,000	$2,000	$32,000	$11,000
Preferred Stock	$0	$0	$0	$0
Long Term Capital Lease Obligation	$0	$393,000	$817,000	$1,190,000
Current Capital Lease Obligation	$393,000	$423,000	$373,000	$355,000
Current Accrued Expenses	$488,000	$504,000	$280,000	$339,000
Net PPE	$7,229,000	$5,218,000	$4,110,000	$3,199,000
Accumulated Depreciation	$-3,228,000	$-1,687,000	$-679,000	$-256,000
Gross PPE	$10,457,000	$6,905,000	$4,789,000	$3,455,000
Leases	$33,000	$33,000	$33,000	$25,000
Construction In Progress	$1,462,000	$685,000	$283,000	$1,003,000
Other Properties	$363,000	$765,000	$1,135,000	$1,478,000
Machinery Furniture Equipment	$8,599,000	$5,422,000	$3,338,000	$949,000
Properties	$0	$0	$0	$0
Treasury Shares Number	-	-	$0	-

Fetched: 2026-07-15

Cash Flow Statement (Annual)

Metric	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Free Cash Flow
Free Cash Flow	$-27,685,000	$-18,213,000	$-15,652,000	$-12,649,000
Operating Activities
Operating Cash Flow	$-23,753,000	$-15,720,000	$-13,952,000	$-11,011,000
Cash Flow From Continuing Operating Activities	$-23,753,000	$-15,720,000	$-13,952,000	$-11,011,000
Operating Gains Losses	$835,000	-	$21,000	-
Investing Activities
Capital Expenditure	$-3,932,000	$-2,493,000	$-1,700,000	$-1,638,000
Investing Cash Flow	$-3,932,000	$-2,493,000	$-1,700,000	$-1,638,000
Cash Flow From Continuing Investing Activities	$-3,932,000	$-2,493,000	$-1,700,000	$-1,638,000
Financing Activities
Issuance Of Capital Stock	$17,555,000	$20,825,000	$20,343,000	$7,372,000
Financing Cash Flow	$21,532,000	$22,076,000	$21,085,000	$7,372,000
Cash Flow From Continuing Financing Activities	$21,532,000	$22,076,000	$21,085,000	$7,372,000
Net Common Stock Issuance	$17,555,000	$20,825,000	$20,343,000	$7,372,000
Common Stock Issuance	$17,555,000	$20,825,000	$20,343,000	$7,372,000
Other
Repayment Of Debt	$-250,000	$0	-	$0
Issuance Of Debt	$250,000	$0	-	$0
Interest Paid Supplemental Data	$30,000	$0	-	$0
Income Tax Paid Supplemental Data	$2,000	$2,000	$2,000	$2,000
End Cash Position	$6,942,000	$13,095,000	$9,232,000	$3,799,000
Beginning Cash Position	$13,095,000	$9,232,000	$3,799,000	$9,076,000
Changes In Cash	$-6,153,000	$3,863,000	$5,433,000	$-5,277,000
Proceeds From Stock Option Exercised	$3,977,000	$1,251,000	$742,000	$0
Net Issuance Payments Of Debt	$0	$0	-	$0
Net Long Term Debt Issuance	$0	$0	-	$0
Long Term Debt Payments	$-250,000	$0	-	$0
Long Term Debt Issuance	$250,000	$0	-	$0
Net PPE Purchase And Sale	$-3,932,000	$-2,493,000	$-1,700,000	$-1,638,000
Purchase Of PPE	$-3,932,000	$-2,493,000	$-1,700,000	$-1,638,000
Change In Working Capital	$194,000	$-392,000	$351,000	$-211,000
Change In Other Current Liabilities	$-423,000	$-374,000	$-355,000	$-200,000
Change In Other Current Assets	$402,000	$370,000	$342,000	$203,000
Change In Payables And Accrued Expense	$453,000	$-288,000	$458,000	$-200,000
Change In Prepaid Assets	$-238,000	$-100,000	$-94,000	$-14,000
Other Non Cash Items	$10,000	$52,000	$19,000	$203,000
Stock Based Compensation	$1,778,000	$2,381,000	$2,701,000	$2,724,000
Depreciation Amortization Depletion	$1,672,000	$1,063,000	$426,000	$152,000
Depreciation And Amortization	$1,672,000	$1,063,000	$426,000	$152,000
Gain Loss On Investment Securities	$835,000	-	-	-
Net Income From Continuing Operations	$-28,242,000	$-18,824,000	$-17,470,000	$-13,879,000
Net Short Term Debt Issuance	-	-	-	-
Short Term Debt Issuance	-	-	-	-
Depreciation	-	-	-	-

Fetched: 2026-07-15