Modular Medical, Inc.

corporate_fare Company Profile

Modular Medical, Inc.

MODD·NASDAQ·Industrial Applications And Services·CIK 0001074871

Modular Medical, Inc. is a pre-revenue medical device company that designs, develops, and commercializes innovative insulin pumps. The company focuses on using modernized technology to increase pump adoption in the diabetes marketplace. Its primary product is an innovative two-part patch pump designed to simplify the user experience and expand the wearable insulin delivery device market. This product aims to serve individuals with both type 1 and type 2 diabetes who require multiple daily doses of insulin. In January 2024, Modular Medical, Inc. submitted a 510(k) premarket notification to the United States Food and Drug Administration (FDA) for its initial insulin pump product, the MODD1. The company received FDA clearance to market and sell the MODD1 pump in the United States in September 2024. Modular Medical, Inc. is actively working to manufacture and commercialize the MODD1 product and expects to commence initial shipments during the quarter ending September 30, 2025. The company is also preparing a second 510(k) premarket notification application to the FDA for an updated version of the MODD1, named the Pivot. The Pivot is a tubeless version of the product that integrates the set into a true tubeless patch. This version is expected to offer cost and usability improvements, as well as improved manufacturability.

Modular Medical, Inc. (NASDAQ:MODD) is a publicly traded company in the Industrial Applications And Services sector. Wiseek monitors MODD SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

Modular Medical Files New $150M Universal Shelf, Establishes $100M At-The-Market Offering Program Amidst Liquidity Crisis (2026-04-23)
Modular Medical Secures $3.375M in Registered Direct Offering to Address Liquidity Crisis (2026-04-21)
Modular Medical Finalizes $2.9M Direct Offering to Fund Operations and Pivot Pump Commercialization (2026-04-21)
Modular Medical Secures $3.4M in Dilutive Direct Offering to Bolster Liquidity (2026-04-19)
Modular Medical Secures Nasdaq Compliance, Averting Delisting Threat (2026-04-16)

Financial Snapshot

Fiscal year ended March 31, 2025

Net Income

-$18.82M

Diluted EPS

-$0.51

Op. Cash Flow

-$15.72M

Free Cash Flow

-$18.21M

Operating Income

-$19.05M

Cash & Equivalents

$13.1M

Debt / Equity

0.00×

Shares Outstanding

53.71M sh

Source: 10-K · filed 2025-06-20 · accession 0001213900-25-055793

Recent Capital Actions

2026-03-25 Executed Long-term debt ↑ +$350K

are and located at 2 Calle Candina, No. 1701, San Juan, Puerto Rico 00907, or its successors or assigns (the “Lender”), the amount then outstanding hereunder but not to exceed the principal amount of Three hundred and…

Read 8-K analysis →·8-K on SEC EDGAR ↑
2026-03-25 Executed Total debt ↑ +$350K

are and located at 2 Calle Candina, No. 1701, San Juan, Puerto Rico 00907, or its successors or assigns (the “Lender”), the amount then outstanding hereunder but not to exceed the principal amount of Three hundred and…

Read 8-K analysis →·8-K on SEC EDGAR ↑
2026-02-23 Executed Long-term debt ↓ −$350K

ies have caused this Note to be executed on and as of as of the date first written above. Borrower By: /s/ Paul DiPerna Name: Paul DiPerna Title: President Date: February 23, 2026 Principal Amount: Up To $350,000…

Read 8-K analysis →·8-K on SEC EDGAR ↑
2026-02-23 Executed Total debt ↓ −$350K

ies have caused this Note to be executed on and as of as of the date first written above. Borrower By: /s/ Paul DiPerna Name: Paul DiPerna Title: President Date: February 23, 2026 Principal Amount: Up To $350,000…

Read 8-K analysis →·8-K on SEC EDGAR ↑

Detected from SEC filings (8-K, S-4, POS AM, 6-K). Last 12 months.

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feed MODD - Latest Insights

Filing Type

Date Range

MODD

Apr 23, 2026, 8:00 AM EDT

Filing Type: S-3

Importance Score:

Modular Medical Files New $150M Universal Shelf, Establishes $100M At-The-Market Offering Program Amidst Liquidity Crisis

Price at Filing: $5.07

Real-time Price: $4.77

Change: -$0.3024 (-6%)

Market Cap: $25.811M

Sentiment: Negative

View Wiseek Article

MODD

Apr 21, 2026, 12:20 PM EDT

Filing Type: 8-K

Importance Score:

Modular Medical Secures $3.375M in Registered Direct Offering to Address Liquidity Crisis

Price at Filing: $5.16

Real-time Price: $4.77

Change: -$0.390 (-8%)

Market Cap: $25.811M

Sentiment: Neutral

View Wiseek Article

MODD

Apr 21, 2026, 12:15 PM EDT

Filing Type: 424B5

Importance Score:

Modular Medical Finalizes $2.9M Direct Offering to Fund Operations and Pivot Pump Commercialization

Price at Filing: $5.16

Real-time Price: $4.77

Change: -$0.390 (-8%)

Market Cap: $25.811M

Sentiment: Neutral

View Wiseek Article

MODD

Apr 19, 2026, 7:50 PM EDT

Source: Access Newswire

Importance Score:

Modular Medical Secures $3.4M in Dilutive Direct Offering to Bolster Liquidity

Price at Filing: $5.90

Real-time Price: $4.77

Change: -$1.13 (-19%)

Market Cap: $25.811M

Sentiment: Negative

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MODD

Apr 16, 2026, 8:00 AM EDT

Source: Access Newswire

Importance Score:

Modular Medical Secures Nasdaq Compliance, Averting Delisting Threat

Price at Filing: $4.89

Real-time Price: $4.77

Change: -$0.1191 (-2%)

Market Cap: $25.811M

Sentiment: Positive

View Wiseek Article

MODD

Apr 09, 2026, 9:00 AM EDT

Source: Access Newswire

Importance Score:

FDA Clears Modular Medical's Pivot Insulin Pump, Enabling Q2 Commercial Launch

Price at Filing: $5.49

Real-time Price: $4.77

Change: -$0.720 (-13%)

Market Cap: $25.811M

Sentiment: Positive

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MODD

Mar 31, 2026, 4:35 PM EDT

Filing Type: 8-K

Importance Score:

Modular Medical Completes 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing

Price at Filing: $5.15

Real-time Price: $4.77

Change: -$0.380 (-7%)

Market Cap: $25.811M

Sentiment: Negative

View Wiseek Article

MODD

Mar 13, 2026, 5:37 PM EDT

Source: Reuters

Importance Score:

Modular Medical Cuts 29% of Workforce, Targeting $3.4M in Annual Savings

Price at Filing: $0.2107

Real-time Price: $4.77

Change: +$4.56 (+2,164%)

Market Cap: $25.811M

Sentiment: Neutral

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MODD

Mar 13, 2026, 4:00 PM EDT

Filing Type: 8-K

Importance Score:

Modular Medical Cuts 29% of Workforce, Targets $3.4M Annual Savings to Reduce Cash Burn

Price at Filing: $0.2213

Real-time Price: $4.77

Change: +$4.55 (+2,055%)

Market Cap: $25.811M

Sentiment: Neutral

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MODD

Mar 06, 2026, 4:16 PM EST

Filing Type: 8-K

Importance Score:

Modular Medical Secures $12M Public Offering, Implements Insider Lock-Ups

Price at Filing: $0.1891

Real-time Price: $4.77

Change: +$4.58 (+2,422%)

Market Cap: $25.811M

Sentiment: Neutral

View Wiseek Article

MODD

Mar 04, 2026, 11:53 AM EST

Filing Type: 424B4

Importance Score:

Modular Medical Finalizes $12M Public Offering at Premium, Securing Critical Funding Amid Liquidity Crisis

Price at Filing: $0.1711

Real-time Price: $4.77

Change: +$4.60 (+2,688%)

Market Cap: $25.811M

Sentiment: Positive

View Wiseek Article

MODD

Mar 03, 2026, 9:28 AM EST

Source: Acceswire

Importance Score:

Modular Medical Secures $12M Public Offering at Premium, Addressing Liquidity Crisis

Price at Filing: $0.1398

Real-time Price: $4.77

Change: +$4.63 (+3,312%)

Market Cap: $25.811M

Sentiment: Positive

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MODD

Feb 27, 2026, 11:38 AM EST

Filing Type: S-1

Importance Score:

Modular Medical Files for Up to $12M Equity Offering to Address Critical Liquidity Needs

Price at Filing: $0.4426

Real-time Price: $4.77

Change: +$4.33 (+978%)

Market Cap: $25.811M

Sentiment: Negative

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MODD

Feb 24, 2026, 8:31 AM EST

Filing Type: 8-K

Importance Score:

CEO Provides $350K Secured Loan as Modular Medical Faces Imminent Liquidity Crisis

Price at Filing: $0.4871

Real-time Price: $4.77

Change: +$4.28 (+879%)

Market Cap: $25.811M

Sentiment: Negative

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MODD

Feb 17, 2026, 4:00 PM EST

Filing Type: 10-Q

Importance Score:

Modular Medical Faces Imminent Liquidity Crisis, Warns of Going Concern, and Pursues Reverse Split Amidst Deeply Dilutive Financings

Price at Filing: $0.4583

Real-time Price: $4.77

Change: +$4.31 (+941%)

Market Cap: $25.811M

Sentiment: Negative

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MODD

Jan 23, 2026, 5:00 PM EST

Filing Type: 8-K

Importance Score:

Shareholders Approve Reverse Stock Split and Massive Increase in Authorized Shares

Price at Filing: $0.4667

Real-time Price: $4.77

Change: +$4.30 (+922%)

Market Cap: $25.811M

Sentiment: Negative

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MODD

Jan 08, 2026, 7:30 AM EST

Filing Type: DEF 14A

Importance Score:

Modular Medical Seeks Shareholder Approval for Reverse Stock Split and Substantial Increase in Authorized Shares Amidst Going Concern Warning

Price at Filing: $0.4341

Real-time Price: $4.77

Change: +$4.34 (+999%)

Market Cap: $25.811M

Sentiment: Negative

View Wiseek Article

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