MODD Chart
About

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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 36.60M
Enterprise Value 34.18M Income -26.78M Sales —
Book/sh 0.08 Cash/sh 0.04 Dividend Yield —
Payout 0.00% Employees 53 IPO —
P/E — Forward P/E -0.92 PEG —
P/S — P/B 6.20 P/C —
EV/EBITDA -1.35 EV/Sales — Quick Ratio 1.35
Current Ratio 1.59 Debt/Eq 8.57 LT Debt/Eq —
EPS (ttm) -0.50 EPS next Y -0.51 EPS Growth —
Revenue Growth — Earnings 2025-02-13 16:00 ROA -149.81%
ROE -3.32% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 77.68M
Shs Float 65.36M Short Float 0.38% Short Ratio 1.16
Short Interest — 52W High 1.29 52W Low 0.28
Beta -0.19 Avg Volume 363.06K Volume 152.60K
Target Price — Recom None Prev Close $0.49
Price $0.47 Change -3.26%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.47
Latest analyst target
3. DCF / Fair value
$-3.63
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.47
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-03-21 reit Benchmark Speculative Buy → Speculative Buy $5
2023-09-19 reit Oppenheimer Outperform → Outperform $4
2023-06-30 reit Benchmark Speculative Buy → Speculative Buy $5
2023-05-19 main Oppenheimer — → Outperform $4
2023-01-30 main Benchmark — → Speculative Buy $5
2022-04-08 init Lake Street — → Buy $11
2022-03-25 init Benchmark — → Speculative Buy $8
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 750 — — Stock Award(Grant) at price 0.00 per share. FELSHER STEVEN G Director — 2025-12-31 00:00:00 D
1 2500 — — Stock Award(Grant) at price 0.00 per share. DESISTO DUANE M Director — 2025-12-31 00:00:00 D
2 3125 — — Stock Award(Grant) at price 0.00 per share. VOLKART CARMEN B Director — 2025-12-31 00:00:00 D
3 60000 — — Stock Award(Grant) at price 0.00 per share. FELSHER STEVEN G Director — 2025-12-11 00:00:00 D
4 22000 — — Stock Award(Grant) at price 0.00 per share. SHEIBLEY PHILIP BRENT Director — 2025-12-11 00:00:00 D
5 750 — — Stock Award(Grant) at price 0.00 per share. FELSHER STEVEN G Director — 2025-09-30 00:00:00 D
6 2500 — — Stock Award(Grant) at price 0.00 per share. DESISTO DUANE M Director — 2025-09-30 00:00:00 D
7 3125 — — Stock Award(Grant) at price 0.00 per share. VOLKART CARMEN B Director — 2025-09-30 00:00:00 D
8 750 — — Stock Award(Grant) at price 0.00 per share. FELSHER STEVEN G Director — 2025-06-30 00:00:00 D
9 2500 — — Stock Award(Grant) at price 0.00 per share. DESISTO DUANE M Director — 2025-06-30 00:00:00 D
Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems0.000.000.00-277.50K
TaxRateForCalcs0.000.000.210.21
NormalizedEBITDA-17.98M-17.10M-13.73M-14.44M
TotalUnusualItems0.00-1.32M0.00
TotalUnusualItemsExcludingGoodwill0.00-1.32M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-18.82M-17.47M-13.88M-18.63M
ReconciledDepreciation1.06M426.00K152.00K117.49K
EBITDA-17.98M-17.10M-13.73M-15.76M
EBIT-19.05M-17.53M-13.88M-15.88M
NetInterestIncome0.00-2.75M-39.79K
InterestExpense0.002.75M39.79K
InterestIncome130.00
NormalizedIncome-18.82M-17.47M-13.88M-17.59M
NetIncomeFromContinuingAndDiscontinuedOperation-18.82M-17.47M-13.88M-18.63M
TotalExpenses19.05M17.53M13.88M14.93M
TotalOperatingIncomeAsReported-19.05M-17.53M-13.88M-14.93M
DilutedAverageShares37.01M22.38M12.10M6.81M
BasicAverageShares37.01M22.38M12.10M6.81M
DilutedEPS-0.51-0.78-1.15-2.74
BasicEPS-0.51-0.78-1.15-2.74
DilutedNIAvailtoComStockholders-18.82M-17.47M-13.88M-18.63M
NetIncomeCommonStockholders-18.82M-17.47M-13.88M-18.63M
NetIncome-18.82M-17.47M-13.88M-18.63M
NetIncomeIncludingNoncontrollingInterests-18.82M-17.47M-13.88M-18.63M
NetIncomeContinuousOperations-18.82M-17.47M-13.88M-18.63M
TaxProvision2.00K2.00K2.00K1.60K
PretaxIncome-18.82M-17.47M-13.88M-18.63M
OtherIncomeExpense226.00K61.00K1.00K-952.53K
OtherNonOperatingIncomeExpenses226.00K61.00K1.00K368.92K
SpecialIncomeCharges0.00-1.32M0.00
OtherSpecialCharges1.32M
NetNonOperatingInterestIncomeExpense0.00-2.75M-39.79K
InterestExpenseNonOperating0.002.75M39.79K
InterestIncomeNonOperating130.00
OperatingIncome-19.05M-17.53M-13.88M-14.93M
OperatingExpense19.05M17.53M13.88M14.93M
ResearchAndDevelopment14.70M12.88M9.06M7.73M
SellingGeneralAndAdministration4.35M4.65M4.82M7.20M
GeneralAndAdministrativeExpense4.35M4.65M4.82M7.20M
OtherGandA4.35M4.65M4.82M7.20M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-03-31
TreasurySharesNumber0.00
OrdinarySharesNumber53.71M32.46M10.95M10.46M
ShareIssued53.71M32.46M10.95M10.46M
NetDebt1.03M
TotalDebt816.00K1.19M1.54M184.81K
TangibleBookValue17.08M11.54M5.08M8.84M
InvestedCapital17.08M11.54M5.08M8.84M
WorkingCapital12.25M8.24M3.07M8.42M
NetTangibleAssets17.08M11.54M5.08M8.84M
CapitalLeaseObligations816.00K1.19M1.54M184.81K
CommonStockEquity17.08M11.54M5.08M8.84M
TotalCapitalization17.08M11.54M5.08M8.84M
TotalEquityGrossMinorityInterest17.08M11.54M5.08M8.84M
StockholdersEquity17.08M11.54M5.08M8.84M
RetainedEarnings-84.75M-65.93M-48.46M-34.58M
AdditionalPaidInCapital101.78M77.43M53.52M43.41M
CapitalStock54.00K32.00K11.00K10.46K
CommonStock54.00K32.00K11.00K10.46K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.66M2.27M2.17M1.01M
TotalNonCurrentLiabilitiesNetMinorityInterest393.00K817.00K1.19M39.96K
TradeandOtherPayablesNonCurrent0.0042.00K
LongTermDebtAndCapitalLeaseObligation393.00K817.00K1.19M39.96K
LongTermCapitalLeaseObligation393.00K817.00K1.19M39.96K
CurrentLiabilities1.26M1.46M979.00K969.70K
CurrentDebtAndCapitalLeaseObligation423.00K373.00K355.00K144.86K
CurrentCapitalLeaseObligation423.00K373.00K355.00K144.86K
CurrentDebt2.50M
OtherCurrentBorrowings2.13M
CurrentNotesPayable0.00368.78K
PayablesAndAccruedExpenses842.00K1.08M624.00K824.84K
CurrentAccruedExpenses504.00K280.00K339.00K524.89K
InterestPayable0.0027.54K
Payables338.00K802.00K285.00K299.95K
AccountsPayable338.00K802.00K285.00K299.95K
TotalAssets18.73M13.81M7.25M9.85M
TotalNonCurrentAssets5.22M4.11M3.20M456.65K
NonCurrentPrepaidAssets0.00100.00K100.00K
NetPPE5.22M4.11M3.20M356.65K
AccumulatedDepreciation-1.69M-679.00K-256.00K-249.60K
GrossPPE6.91M4.79M3.46M606.25K
Leases33.00K33.00K25.00K139.20K
ConstructionInProgress685.00K283.00K1.00M0.00
OtherProperties765.00K1.14M1.48M120.69K
MachineryFurnitureEquipment5.42M3.34M949.00K346.36K
Properties0.000.000.000.00
CurrentAssets13.52M9.70M4.05M9.39M
OtherCurrentAssets146.87K313.42K180.62K
PrepaidAssets352.00K318.00K242.00K0.00
Receivables70.00K147.00K5.00K
OtherReceivables70.00K147.00K5.00K
CashCashEquivalentsAndShortTermInvestments13.10M9.23M3.80M9.08M
CashAndCashEquivalents13.10M9.23M3.80M9.08M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow-18.21M-15.65M-12.65M-10.31M
RepaymentOfDebt0.00-2.10M0.00
IssuanceOfDebt0.006.24M2.58M
IssuanceOfCapitalStock20.82M20.34M7.37M13.79M
CapitalExpenditure-2.49M-1.70M-1.64M-54.76K
InterestPaidSupplementalData0.00262.00K0.00
IncomeTaxPaidSupplementalData2.00K2.00K2.00K1.60K
EndCashPosition13.10M9.23M3.80M9.08M
BeginningCashPosition9.23M3.80M9.08M1.47M
ChangesInCash3.86M5.43M-5.28M7.61M
FinancingCashFlow22.08M21.09M7.37M17.92M
CashFlowFromContinuingFinancingActivities22.08M21.09M7.37M17.92M
ProceedsFromStockOptionExercised1.25M742.00K0.00
NetCommonStockIssuance20.82M20.34M7.37M13.79M
CommonStockIssuance20.82M20.34M7.37M13.79M
NetIssuancePaymentsOfDebt0.004.14M2.58M
NetShortTermDebtIssuance2.10M0.00
ShortTermDebtIssuance2.10M0.00
NetLongTermDebtIssuance0.004.14M2.58M
LongTermDebtPayments0.00-2.10M0.00
LongTermDebtIssuance0.006.24M2.58M
InvestingCashFlow-2.49M-1.70M-1.64M-54.76K
CashFlowFromContinuingInvestingActivities-2.49M-1.70M-1.64M-54.76K
NetPPEPurchaseAndSale-2.49M-1.70M-1.64M-54.76K
PurchaseOfPPE-2.49M-1.70M-1.64M-54.76K
OperatingCashFlow-15.72M-13.95M-11.01M-10.26M
CashFlowFromContinuingOperatingActivities-15.72M-13.95M-11.01M-10.26M
ChangeInWorkingCapital-392.00K351.00K-211.00K374.99K
ChangeInOtherCurrentLiabilities-374.00K-355.00K-200.00K-125.04K
ChangeInOtherCurrentAssets370.00K342.00K203.00K79.43K
ChangeInPayablesAndAccruedExpense-288.00K458.00K-200.00K354.95K
ChangeInPrepaidAssets-100.00K-94.00K-14.00K65.65K
OtherNonCashItems52.00K19.00K203.00K2.90M
StockBasedCompensation2.38M2.70M2.72M4.03M
DepreciationAmortizationDepletion1.06M426.00K152.00K117.49K
DepreciationAndAmortization1.06M426.00K152.00K117.49K
Depreciation196.92K181.84K
OperatingGainsLosses21.00K952.67K
NetIncomeFromContinuingOperations-18.82M-17.47M-13.88M-18.63M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for MODD
Date User Asset Broker Type Position Size Entry Price Patterns