MODULAR MEDICAL, INC.: 10-Q filed 2018-11-19

Name: MODULAR MEDICAL, INC.: 10-Q filed 2018-11-19
Creator: MODULAR MEDICAL, INC.

What MODULAR MEDICAL, INC. reported in its quarterly report filed 2018-11-19 (fiscal Q2 2019): 29 published measures, 82 facts as tagged in accession 0001019056-18-001081.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-11-19
Fiscal period: fiscal Q2 2019
Accession: 0001019056-18-001081 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All MODULAR MEDICAL, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2018-09-30	3,738,648	USD
At 2018-03-31	4,334,452	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2018-09-30	46,837	USD
At 2018-03-31	15,471	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2018-09-30	3,691,811	USD
At 2018-03-31	4,318,981	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2018-09-30	3,687,822	USD
At 2018-03-31	4,296,676	USD
At 2017-09-30	4,767,502	USD
At 2017-03-31	392,007	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	-543,774	USD	92
2018-04-01 to 2018-09-30	-793,340	USD	183
2017-07-01 to 2017-09-30	-176,002	USD	92
2017-04-01 to 2017-09-30	-219,091	USD	183

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	-576,101	USD	183
2017-04-01 to 2017-09-30	-332,192	USD	183

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	32,753	USD	183
2017-04-01 to 2017-09-30	2,699	USD	183

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Unit	Days
2018-07-01 to 2018-09-30	USD	92
2018-04-01 to 2018-09-30	USD	183
2017-07-01 to 2017-09-30	USD	92
2017-04-01 to 2017-09-30	USD	183

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	0	USD	183
2017-04-01 to 2017-09-30	4,710,616	USD	183

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	-32,753	USD	183
2017-04-01 to 2017-09-30	-2,929	USD	183

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2018-09-30	-1,502,003	USD
At 2018-03-31	-708,663	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	15,983,273	shares	92
2018-04-01 to 2018-09-30	15,983,273	shares	183
2017-07-01 to 2017-09-30	13,882,970	shares	92
2017-04-01 to 2017-09-30	10,749,730	shares	183

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	15,983,273	shares	92
2018-04-01 to 2018-09-30	15,983,273	shares	183
2017-07-01 to 2017-09-30	13,882,970	shares	92
2017-04-01 to 2017-09-30	10,749,730	shares	183

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	0	USD	92
2018-04-01 to 2018-09-30	0	USD	183
2017-07-01 to 2017-09-30	800	USD	92
2017-04-01 to 2017-09-30	800	USD	183

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2018-09-30	42,823	USD
At 2018-03-31	13,259	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	182,837	USD	183
2017-04-01 to 2017-09-30	0	USD	183

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	-548,998	USD	92
2018-04-01 to 2018-09-30	-804,188	USD	183
2017-07-01 to 2017-09-30	-175,986	USD	92
2017-04-01 to 2017-09-30	-219,311	USD	183

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2018-09-30	3,688,128	USD
At 2018-03-31	4,313,480	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	548,998	USD	92
2018-04-01 to 2018-09-30	804,188	USD	183
2017-07-01 to 2017-09-30	175,986	USD	92
2017-04-01 to 2017-09-30	219,311	USD	183

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	367,550	USD	92
2018-04-01 to 2018-09-30	503,340	USD	183
2017-07-01 to 2017-09-30	83,408	USD	92
2017-04-01 to 2017-09-30	87,754	USD	183

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2018-09-30	15,983,273	shares
At 2018-03-31	15,983,273	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2018-09-30	5,177,831	USD
At 2018-03-31	5,011,661	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2018-09-30	197	USD
At 2018-03-31	213	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-09-30	0	USD
At 2018-03-31	0	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	-543,774	USD	92
2018-04-01 to 2018-09-30	-793,340	USD	183
2017-07-01 to 2017-09-30	-175,202	USD	92
2017-04-01 to 2017-09-30	-218,291	USD	183

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	99,565	USD	92
2018-04-01 to 2018-09-30	177,255	USD	183
2017-07-01 to 2017-09-30	12,639	USD	92
2017-04-01 to 2017-09-30	14,426	USD	183

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2018-07-01 to 2018-09-30	1,802	USD	92
2018-04-01 to 2018-09-30	3,189	USD	183
2017-07-01 to 2017-09-30	154	USD	92
2017-04-01 to 2017-09-30	300	USD	183

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	0	USD	183
2017-04-01 to 2017-09-30	0	USD	183

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-04-01 to 2018-09-30	-16,497	USD	183
2017-04-01 to 2017-09-30	2,603	USD	183

Inspect the source

Entity: MODULAR MEDICAL, INC. / CIK 0001074871
Captured: 2026-09-20T05:20:05.018Z
SEC response SHA-256: 35d9c7a349fec6383baca56e8aa4820d6d19d2f4955371898b75285f3bf308e4

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001074871.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))