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If the company fails to meet this requirement, it may seek an additional 180-day extension by meeting other listing standards and potentially implementing a reverse stock split. 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Reports No Revenue as Pre-Revenue Company; R&D Expenses Rise 14.1% in Fiscal Year Ending March 31, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2544125500","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544125500?lang=en_us&edition=fundamental","pubTime":"2025-06-20 18:08","pubTimestamp":1750414123,"startTime":"0","endTime":"0","summary":"Modular Medical Inc., a pre-revenue medical device company, released its annual report for the fiscal year ending March 31, 2025. The report indicates that the company has not yet generated revenue as it remains focused on the design, development, and commercialization of innovative insulin pumps. The company reported an increase in research and development expenses, rising to $14.697 million in 2025 from $12.880 million in 2024, marking a 14.1% increase year over year. The company continues to navigate challenging market conditions, including the impact of inflation and increased interest rates, which could affect its access to capital markets. There was no specific guidance or outlook regarding future revenues or profitability included in the report.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and shou","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLbQK4C3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":"Modular Medical Inc. 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