Modular Medical, Inc. (MODD)

Nasdaq: MODD · Surgical & Medical Instruments & Apparatus · San Diego, CA · filing with the SEC since 2002

Grade5.2

◀ Past 3.6● Present 4.5▶ Future 7.6

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in March.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Jun 30, 2017
Report filed	Jun 29, 2026	Jun 20, 2025	Jun 21, 2024	Jun 26, 2023	Jun 28, 2022	Jun 29, 2021	Jun 29, 2020	Jun 27, 2019	Jun 29, 2018	Oct 11, 2017
Revenue	·	·	·	·	·	·	·	·	0	0
For lenders
Net interest income	·	·	·	·	368,920	130	28,749	39,390	8,518	·
Research and development	19,973,000	14,697,000	12,880,000	9,062,000^r	7,729,240	4,083,303	3,034,152	1,882,345	332,642	·
General and administrative	7,587,000	4,351,000	4,649,000	4,816,000^r	7,197,162	3,253,412	2,313,870	694,954^r	98,700	91,051
Total operating expenses	27,560,000	19,048,000	17,529,000	13,878,000^r	14,926,402	7,336,715	5,348,022	2,577,299	666,164	·
Operating income	-27,560,000	-19,048,000	-17,529,000	-13,878,000^r	-14,926,402	-7,336,715	-5,348,022	-2,577,299	-666,164	-91,051
Interest expense	·	·	·	·	2,752,229	39,791^r	0	·	·	·
Income before income taxes	-28,240,000	-18,822,000	-17,468,000	-13,877,000^r	-18,631,161	-7,376,376	-5,319,273	-2,537,909	-657,646	-106,559
Income tax expense	2,000	2,000	2,000	2,000^r	1,600	1,600	1,600	1,589	1,600	0
Net income	-28,242,000	-18,824,000	-17,470,000	-13,879,000^r	-18,632,761	-7,377,976	-5,320,873	-2,539,498	-659,246	-106,559
Earnings per share, basic	-12.36	-15.26^r	-23.40^b	-34.50^rb	-73.98^b	·	·	·	·	·
Earnings per share, diluted	-12.36	-15.26^r	-23.40^b	-34.50^rb	-73.98^b	·	·	·	·	·
Earnings per share, basic and diluted	·	·	·	·	·	-10.80^b	-8.10^b	-4.05^rb	-1.323^b	-1.62^b
Weighted average shares, basic	2,285,000	1,233,000^r	745,900^b	403,433^rb	252,137^b	·	·	614,431^b	493,937^b	61,172^b
Weighted average shares, diluted	2,285,000	1,233,000^r	745,900^b	403,433^rb	252,137^b	·	·	614,431^b	493,937^b	61,172^b
Weighted average shares, basic and diluted	·	·	·	·	·	690,174^b	661,658^b	614,431^b	·	61,172^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-30 reverse split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton MODD · research, not advice