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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 395 % -47.6%
Debt-to-equity 28.2 % +29%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.6M shares +63.7%
Common Stock, Shares, Outstanding 34.4M shares +62.7%
Entity Public Float 18M USD -21%
Common Stock, Value, Issued 34K USD +61.9%
Weighted Average Number of Shares Outstanding, Basic 34.3M shares +53%
Weighted Average Number of Shares Outstanding, Diluted 34.3M shares +53%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 13.9M USD +33.5%
General and Administrative Expense 4.94M USD +10.1%
Operating Income (Loss) -18.8M USD -26.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.95M USD -18.5%
Income Tax Expense (Benefit) 2K USD 0%
Net Income (Loss) Attributable to Parent -4.96M USD -18.5%
Earnings Per Share, Basic -0.63 USD/shares +35.7%
Earnings Per Share, Diluted -0.63 USD/shares +33.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.23M USD +143%
Other Assets, Current 958 USD -61.2%
Assets, Current 4.18M USD -35.4%
Property, Plant and Equipment, Net 3.64M USD +59.3%
Operating Lease, Right-of-Use Asset 954K USD -27.2%
Assets 8.77M USD -12.8%
Accounts Payable, Current 501 USD -8.24%
Employee-related Liabilities, Current 304K USD
Accrued Liabilities, Current 345K USD +59.7%
Liabilities, Current 1.24M USD +11.9%
Operating Lease, Liability, Noncurrent 611K USD -39.4%
Liabilities 1.86M USD -12.5%
Retained Earnings (Accumulated Deficit) -75M USD -33.1%
Stockholders' Equity Attributable to Parent 6.92M USD -12.9%
Liabilities and Equity 8.77M USD -12.8%

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 34.4M shares +62.7%
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 3.89M USD -38.5%
Deferred Tax Assets, Valuation Allowance 19.2M USD +29.6%
Deferred Tax Assets, Gross 19.5M USD +29.8%
Operating Lease, Liability 1.01M USD -25.8%
Payments to Acquire Property, Plant, and Equipment 842K USD +126%
Lessee, Operating Lease, Liability, to be Paid 1.1M USD -28.7%
Property, Plant and Equipment, Gross 4.76M USD +76.6%
Operating Lease, Liability, Current 398K USD +13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 405K USD -10.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 470K USD +115%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 94K USD -49.7%
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 Issued 0 shares
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 81.9M USD +27.4%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 39.5K USD +3%
Share-based Payment Arrangement, Expense 9K USD +28.6%
Operating Leases, Future Minimum Payments, Due in Three Years 40.7K USD -74.3%
Operating Leases, Future Minimum Payments Due 77.7K USD -64.2%
Interest Expense 2.75M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%