MODULAR MEDICAL, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $20.0M | $14.7M | $12.9M | $9.1M | $7.7M | $4.1M | $3.0M | $1.9M |
| SG&A Expense | $7.6M | $4.4M | $4.6M | $4.8M | $7.2M | $3.3M | $2.3M | $695.0K |
| Operating Income | $-27.6M | $-19.0M | $-17.5M | $-13.9M | $-14.9M | $-7.3M | $-5.3M | $-2.6M |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | — | — | — | — | $2.8M | $39.8K | $0 | — |
| Pretax Income | $-28.2M | $-18.8M | $-17.5M | $-13.9M | $-18.6M | $-7.4M | $-5.3M | $-2.5M |
| Income Tax Expense | $2.0K | $2.0K | $2.0K | $2.0K | $1.6K | $1.6K | $1.6K | $1.6K |
| Net Income | $-28.2M | $-18.8M | $-17.5M | $-13.9M | $-18.6M | $-7.4M | $-5.3M | $-2.5M |
| Net Margin | — | — | — | — | — | — | — | — |
| EPS (Basic) | $-12.36 | $-15.26 | $-0.78 | $-1.15 | $-2.74 | $-0.40 | $-0.30 | $-0.15 |
| EPS (Diluted) | $-12.36 | $-15.26 | $-0.78 | $-1.15 | $-2.74 | $-0.40 | $-0.30 | $-0.15 |
| Shares Outstanding (Basic) | 2.3M | 1.2M | 22.4M | 12.1M | 6.8M | 19.0M | 18.5M | 16.6M |
| Shares Outstanding (Diluted) | 2.3M | 1.2M | 22.4M | 12.1M | 6.8M | 19.0M | 18.5M | 16.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |