MODULAR MEDICAL, INC.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $6.9M | $13.1M | $9.2M | $3.8M | $9.1M | $1.5M | $3.1M | $6.6M |
| Accounts Receivable | — | — | $142.0K | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $7.5M | $13.5M | $9.7M | $4.0M | $9.4M | $1.6M | $3.2M | $6.6M |
| Property, Plant & Equipment | $6.9M | $4.5M | $3.0M | $1.7M | $236.0K | $299.0K | $301.3K | $75.9K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | $0 | $180 |
| Total Assets | $14.8M | $18.7M | $13.8M | $7.2M | $9.8M | $2.2M | $3.9M | $6.7M |
| Liabilities | ||||||||
| Accounts Payable | $992.0K | $338.0K | $802.0K | $285.0K | $300.0K | — | — | — |
| Total Current Liabilities | $1.9M | $1.3M | $1.5M | $979.0K | $969.7K | $3.3M | $661.4K | $178.9K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $1.9M | $1.7M | $2.3M | $2.2M | $1.0M | $3.5M | $980.1K | $178.7K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-113.0M | $-84.8M | $-65.9M | $-48.5M | $-34.6M | $-15.9M | $-8.6M | $-3.2M |
| Total Stockholders' Equity | $13.0M | $17.1M | $11.5M | $5.1M | $8.8M | $-1.3M | $2.9M | $6.5M |