Modular Medical, Inc.
For the period ended Mar 31, 2026. Filed Jun 29, 2026.
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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.
FY2026 · Filed Jun 29, 2026
MODD$1.85+39.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per-share data)
| Year Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating expenses | ||
| Research and development | $19,973 | $14,697 |
| General and administrative | 7,587 | 4,351 |
| Total operating expenses | 27,560 | 19,048 |
| Loss from operations | (27,560) | (19,048) |
| Other income | 155 | 226 |
| Change in fair value of warrant liabilities | (835) | — |
| Loss before income taxes | (28,240) | (18,822) |
| Provision for income taxes | 2 | 2 |
| Net loss | $(28,242) | $(18,824) |
| Net loss per share | ||
| Basic and diluted | $(12.36) | $(15.26) |
| Shares used in computing net loss per share | ||
| Basic and diluted | 2,285 | 1,233 |
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