Modular Medical, Inc. (MODD) AI Dilution Summary

Cash was $3,920,000 at 2026-06-30 against estimated monthly burn of $1,990,667, funded through the active Maxim Group LLC ATM. The most recent capital raised was ATM sales through 2026-08-14: $5,113,542 net from 2,530,250 shares sold between 2026-06-30 and 2026-08-14, with sales after 2026-08-14 not yet reported. Dilution here is driven primarily by the S-3 shelf 333-295255, registered to $150,000,000 and expiring 2029-05-05.