Modular Medical (MODD)
Nasdaq Market Open
Modular Medical, Inc. is a development-stage medical device company focused on diabetes care, with an emphasis on making insulin pump therapy more accessible to a broader patient population. The company designs and develops insulin delivery technology intended to simplify pump use and reduce barriers that can prevent people with diabetes from adopting automated or wearable treatment options.
Its strategy centres on modernising insulin pump design for both type 1 diabetes patients and the expanding group of type 2 diabetes patients who may benefit from device-based insulin management. While insulin pumps have long been used in diabetes care, adoption can be limited by cost, complexity, training requirements, and user concerns about wearing and operating a device. Modular Medical seeks to address those issues through product design aimed at ease of use, affordability, and practical everyday operation.
The company operates within the broader diabetes technology market, which includes insulin pumps, continuous glucose monitoring systems, smart pens, and automated insulin delivery platforms. This market is shaped by rising diabetes prevalence, growing use of connected health devices, and efforts by clinicians and payers to improve glucose control while reducing treatment burden.
As a development-stage company, Modular Medical’s commercial profile depends on product development milestones, regulatory progress, manufacturing readiness, clinical acceptance, and eventual market launch. Its revenue base is not yet comparable to established diabetes device manufacturers, but its focus is distinctive: it aims to expand pump therapy beyond the traditional early-adopter base and into a wider segment of insulin-using patients.
For investors, Modular Medical represents exposure to an emerging medical device company targeting a large and clinically important diabetes market with simplified insulin delivery technology.
Last updated
- Market Cap
- 25.38M
- P/E
- —
- P/FCF
- —
- P/S
- —
- Enterprise Value
- 22.44M
- Sector
- Health Care
- Industry
- Surgical and Medical Instruments and Apparatus
- Address
- 10740 THORNMINT ROAD, SAN DIEGO, CA, 92127
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 25.38M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 22.44M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 4.32
- P/S
P/S ratio compares a company's share price to its revenue per share.
- —
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -0.89
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- —
- EPS
- -4.95
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -26.12M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -455.35%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -261.03%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.59
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.59
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.35
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 21.34K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 4.69
Income Statement
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -7.24M | -7.83M | -6.8M | -4.98M | -4.85M |
| EBITDA | -6.81M | -7.44M | -6.39M | -4.65M | -4.57M |
| Net income | -7.36M | -7.79M | -6.7M | -4.93M | -4.8M |
| Basic EPS | -3.3 | -4.2 | -3.6 | -3.6 | -3.9 |
| Diluted EPS | -3.3 | -4.2 | -3.6 | -3.6 | -3.9 |
Balance Sheet
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total assets | 10.26M | 12.97M | 14.17M | 18.74M | 12.15M |
| Total liabilities | 4.38M | 4.21M | 2.33M | 1.66M | 1.89M |
| Total equity | 5.88M | 8.77M | 11.84M | 17.08M | 10.26M |
| Cash & equivalents | 2.94M | 5.32M | 7.52M | 13.1M | 6.99M |
| Current assets | 3.47M | 5.95M | 8.29M | 13.52M | 7.33M |
| Current liabilities | 2.18M | 4.04M | 2.05M | 1.27M | 1.38M |
Cash Flow
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating cash flow | -7.16M | -5.41M | -5.37M | -4.31M | -4.1M |
| Investing cash flow | -1.22M | -771K | -934K | -948K | -542K |
| Financing cash flow | 6M | 3.98M | 733K | 11.37M | 7.73M |
| Change in cash | -2.38M | -2.21M | -5.57M | 6.11M | 3.09M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Modular Medical, Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Modular Medical, Inc. | View Filing | |
| form 4 | Form 4 — Schmid Kevin | View Filing | |
| form 4 | Form 4 — DiPerna Paul | View Filing | |
| edgar index | SCHEDULE 13G/A — Modular Medical, Inc. | View Filing | |
| edgar index | EFFECT — Modular Medical, Inc. | View Filing | |
| edgar index | SCHEDULE 13G — Modular Medical, Inc. | View Filing | |
| edgar index | S-3 — Modular Medical, Inc. | View Filing | |
| edgar index | 424B5 — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| form 4 | Form 4 — FRANK MORGAN C. | View Filing | |
| form 4 | Form 4 — FRANK MORGAN C. | View Filing | |
| form 4 | Form 4 — Volkart Carmen B | View Filing | |
| form 4 | Form 4 — DeSisto Duane M | View Filing | |
| form 4 | Form 4 — FELSHER STEVEN G | View Filing | |
| form 4 | Form 4 — FELSHER STEVEN G | View Filing | |
| form 4 | Form 4 — Sheibley Philip Brent | View Filing | |
| form 4 | Form 4 — Goldberg Jeff D | View Filing | |
| form 4 | Form 4 — Vos Ellen O'Connor | View Filing | |
| edgar index | SCHEDULE 13G — Modular Medical, Inc. | View Filing | |
| edgar index | S-8 — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 424B4 — Modular Medical, Inc. | View Filing | |
| edgar index | EFFECT — Modular Medical, Inc. | View Filing | |
| edgar index | S-1 — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Modular Medical, Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| edgar index | DRS — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — Modular Medical, Inc. | View Filing | |
| edgar index | ARS — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — FRANK MORGAN C. | View Filing | |
| form 4 | Form 4 — FRANK MORGAN C. | View Filing | |
| form 4 | Form 4 — Volkart Carmen B | View Filing | |
| form 4 | Form 4 — FELSHER STEVEN G | View Filing | |
| form 4 | Form 4 — FELSHER STEVEN G | View Filing | |
| form 4 | Form 4 — Goldberg Jeff D | View Filing | |
| form 4 | Form 4 — Sheibley Philip Brent | View Filing | |
| form 4 | Form 4 — Vos Ellen O'Connor | View Filing | |
| form 4 | Form 4 — DeSisto Duane M | View Filing | |
| edgar index | PRE 14A — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 4 — Modular Medical, Inc. | View Filing | |
| edgar index | 8-K — Modular Medical, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing |