Modular Medical Inc

For the period ended Mar 31, 2025. Filed Jun 20, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Jun 20, 2025

MODD$1.67-9.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Stockholders’ Equity

Modular Medical, Inc.

**Consolidated Statements of Stockholders’ Equity

(In thousands)

Additional
Common Stock · Paid-In · Accumulated · Stockholders’
	Shares	Amount	Capital	Deficit	Equity
Balance as of March 31, 2023	10,949	$11	$53,524	$(48,459)	$5,076
Issuance of common stock in public offerings, net of fees and issuance costs	20,552	20	20,045	—	20,065
At-the-market sales of stock, net	154	—	278	—	278
Exercise of warrants	719	1	883	—	884
Shares issued for services	2	—	1	—	1
Issuances under equity incentive plan	88	—	37	—	37
Stock-based compensation	—	—	2,664	—	2,664
Net loss	—	—	—	(17,470)	(17,470)
Balance as of March 31, 2024	32,464	$32	$77,432	$(65,929)	$11,535
Issuance of common stock and warrants in private placements, net of fees and issuance costs	13,016	13	11,354	—	11,367
Issuance of common stock and warrants in public offering, net of fees and issuance costs	5,451	6	7,338	—	7,344
At-the-market sales of stock, net	920	1	2,113	—	2,114
Exercise of warrants	1,719	2	1,107	—	1,109
Shares issued for services	30	—	51	—	51
Issuances under equity incentive plan	106	—	24	—	24
Stock-based compensation	—	—	2,357	—	2,357
Net loss	—	—	—	(18,824)	(18,824)
Balance as of March 31, 2025	53,706	$54	$101,776	$(84,753)	$17,077

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.