Modular Medical, Inc. (MODD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 3.47M | 5.95M | 8.29M | 13.52M | 7.33M | 4.18M | 5.41M | 9.7M | 2.34M | 6.46M | 10.23M | 4.05M | 7.97M | 11.01M | 13.96M | 9.39M | 268.65K | 844.66K | 3.47M | 1.65M |
| Cash & Short-Term Investments | 2.94M | 5.32M | 7.52M | 13.1M | 6.99M | 3.89M | 5.05M | 9.23M | 2.05M | 6.33M | 9.95M | 3.8M | 7.69M | 10.84M | 13.7M | 9.08M | 204.1K | 798.16K | 3.38M | 1.47M |
| Cash Only | 2.94M | 5.32M | 7.52M | 13.1M | 6.99M | 3.89M | 5.05M | 9.23M | 2.05M | 6.33M | 9.95M | 3.8M | 7.69M | 10.84M | 13.7M | 9.08M | 204.1K | 798.16K | 3.38M | 1.47M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 77K | 70K | 0 | 142K | 0 | 147K | 0 | 0 | 0 | 5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 529K | 631K | 0 | 0 | 345K | 0 | 355K | 0 | 295K | 0 | 100K | 0 | 100K | 0 | 0 | 0 | 946 | 2.92K | 4.63K | 2.47K |
| Total Non-Current Assets | 6.79M | 7.03M | 5.88M | 5.22M | 4.82M | 4.59M | 4.67M | 4.11M | 3.86M | 3.6M | 3.43M | 3.2M | 767.72K | 432.47K | 482.31K | 456.65K | 483.19K | 530.18K | 575.88K | 599.08K |
| Property, Plant & Equipment | 6.79M | 7.03M | 5.88M | 5.22M | 4.82M | 4.59M | 4.67M | 4.11M | 3.86M | 3.6M | 3.43M | 3.2M | 767.72K | 332.47K | 382.31K | 356.65K | 383.19K | 430.18K | 475.88K | 499.08K |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 100K | 100K | 100K | 100K | 100K | 100K |
| Total Assets | 10.26M | 12.97M | 14.17M | 18.73M | 12.15M | 8.77M | 10.07M | 13.81M | 6.2M | 10.06M | 13.67M | 7.25M | 8.74M | 11.44M | 14.44M | 9.85M | 751.84K | 1.37M | 4.04M | 2.25M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | -15.56% | 47.92% | 40.7% | 35.69% | 95.98% | -12.8% | -26.3% | 90.57% | -29.06% | -12.05% | -5.37% | -26.42% | 1062.33% | 731.93% | 257.26% | 337.98% | -41.79% | -37.49% | 5.82% | -41.74% |
| Total Current Liabilities | 2.18M | 4.04M | 2.05M | 1.26M | 1.38M | 1.24M | 1.34M | 1.46M | 1.44M | 1.11M | 1.01M | 979K | 715.3K | 695.11K | 990.91K | 969.7K | 8.92M | 6.36M | 5.47M | 3.3M |
| Accounts Payable | 1.01M | 2.88M | 1.07M | 338K | 522K | 501K | 461K | 802K | 704K | 546K | 473K | 285K | 382.08K | 244.63K | 487.25K | 299.95K | 671.36K | 692.77K | 462.62K | 169.28K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 464K | 450K | 0 | 0 | 0 | 398K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.99M | 4.86M | 4.37M | 2.5M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 707K | 715K | 0 | 0 | 0 | 80K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.59x | 1.47x | 4.04x | 10.69x | 5.30x | 3.36x | 4.03x | 6.66x | 1.63x | 5.81x | 10.13x | 4.13x | 11.14x | 15.83x | 14.09x | 9.68x | 0.03x | 0.13x | 0.63x | 0.50x |
| Quick Ratio | 1.59x | 1.47x | 4.04x | 10.69x | 5.30x | 3.36x | 4.03x | 6.66x | 1.63x | 5.81x | 10.13x | 4.04x | 11.14x | 15.83x | 14.09x | 9.68x | 0.03x | 0.13x | 0.63x | 0.50x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.2M | 161K | 278K | 393K | 504K | 611K | 714K | 817K | 915K | 1.01M | 1.1M | 1.19M | 0 | 0 | 0 | 39.96K | 77.21K | 113.91K | 149.61K | 226.35K |
| Long-Term Debt | 40K | 161K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 278K | 393K | 504K | 611K | 714K | 817K | 915K | 1.01M | 1.1M | 1.19M | 0 | 0 | 0 | 39.96K | 77.21K | 113.91K | 149.61K | 184.35K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42K |
| Total Liabilities | 4.38M | 4.21M | 2.33M | 1.66M | 1.89M | 1.85M | 2.06M | 2.27M | 2.35M | 2.12M | 2.11M | 2.17M | 715.3K | 695.11K | 990.91K | 1.01M | 9M | 6.48M | 5.62M | 3.52M |
| Total Debt | 504K | 611K | 715K | 816K | 914K | 1.01M | 1.1M | 1.19M | 1.28M | 1.36M | 1.44M | 1.55M | 77.67K | 114.37K | 150.07K | 184.81K | 7.2M | 5.1M | 4.65M | 2.81M |
| Net Debt | -2.43M | -4.71M | -6.81M | -12.28M | -6.07M | -2.88M | -3.95M | -8.04M | -770K | -4.97M | -8.51M | -2.25M | -7.61M | -10.73M | -13.55M | -8.89M | 7M | 4.31M | 1.27M | 1.34M |
| Debt / Equity | 0.09x | 0.07x | 0.06x | 0.05x | 0.09x | 0.15x | 0.14x | 0.10x | 0.33x | 0.17x | 0.12x | 0.30x | 0.01x | 0.01x | 0.01x | 0.02x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.36x | -3.79x | -5.39x | -8.50x | -43.54x |
| Total Equity | 5.88M | 8.77M | 11.84M | 17.08M | 10.26M | 6.92M | 8.02M | 11.54M | 3.85M | 7.94M | 11.56M | 5.08M | 8.02M | 10.74M | 13.45M | 8.84M | -8.25M | -5.1M | -1.58M | -1.28M |
| Equity Growth % | -42.69% | 26.79% | 47.74% | 48.05% | 166.89% | -12.87% | -30.63% | 127.25% | -52.08% | -26.11% | -14.08% | -42.56% | 197.29% | 310.6% | 950.5% | 793% | -1095070.65% | -662.08% | -164.09% | -144.3% |
| Book Value per Share | 2.68 | 4.73 | 6.54 | 12.01 | 8.14 | 6.04 | 7.10 | 11.62 | 5.12 | 10.61 | 20.27 | 13.91 | 22.03 | 26.28 | 34.82 | 30.13 | -38.94 | -24.20 | -7.51 | -6.08 |
| Total Shareholders' Equity | 5.88M | 8.77M | 11.84M | 17.08M | 10.26M | 6.92M | 8.02M | 11.54M | 3.85M | 7.94M | 11.56M | 5.08M | 8.02M | 10.74M | 13.45M | 8.84M | -8.25M | -5.1M | -1.58M | -1.28M |
| Common Stock | 84K | 499K | 55K | 54K | 41K | 34K | 32K | 32K | 21K | 21K | 21K | 10.95K | 10.93K | 10.93K | 10.91K | 10.46K | 6.37K | 18.98K | 18.97K | 6.3K |
| Retained Earnings | -106.61M | -99.25M | -91.45M | -84.75M | -79.83M | -75.02M | -70.07M | -65.93M | -61.65M | -56.38M | -52.2M | -48.46M | -44.89M | -41.53M | -38.08M | -34.58M | -30.01M | -25.16M | -20.78M | -15.95M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |