MODD · Modular Medical, Inc. · Executive Compensation
$1.97
+0.02 (+1.03%)
At close · Oct 21
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Even with these proceeds, we do not believe that our cash and cash equivalents will be sufficient to fund our operations for the period of 12 months from the date of issuance of this report, and we would need to raise additional capital. As a result of our expected operating losses and cash burn for the foreseeable future and recurring losses from operations, if we are unable to raise sufficient capital through additional debt or equity arrangements, there will be uncertainty regarding our ability to maintain liquidity sufficient to operate our business effectively, which raises substantial doubt as to our ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$15.89M
Shares
8.15M
Volume · Oct 21
90.92K
Avg daily vol (3M)
283.87K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2026
| Executive | Role | Total |
|---|---|---|
| Paul DiPerna | President, Chief Financial Officer and Treasurer | $662,871 |
| Kevin Schmid | Chief Operating Officer | $375,718 |
| James E. Besser | Chief Executive Officer | $46,999 |
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Paul DiPerna | President, Chief Financial Officer, Treasurer and Chairman | $575,751 |
| Kevin Schmid | Chief Operating Officer | $400,967 |
| James E. Besser | Chief Executive Officer | — |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Paul DiPerna | President, Chief Financial Officer, Treasurer and Chairman | $482,792 |
| Kevin Schmid | Chief Operating Officer | $410,510 |
| James E. Besser | Chief Executive Officer | $130,480 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Kevin Schmid | Chief Operating Officer | $878,066 |
| Paul DiPerna | President, Chief Financial Officer, Treasurer and Chairman | $489,413 |
| James E. Besser | Chief Executive Officer | $1 |
| Ellen O’Connor Vos | Chief Executive Officer | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Ellen O’Connor Vos | Chief Executive Officer | $4,957,961 |
| Paul DiPerna | President, President Chief Financial Officer, Treasurer and Chairman | $370,833 |
| Stephen Daly | Chief Commercial Officer | $65,441 |
| James E. Besser | Chief Executive Officer | — |
| Kevin Schmid | Chief Operating Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Paul DiPerna | President, Chief Financial Officer, Treasurer and Chairman | $275,000 |
| Stephen Daly | Chief Commercial Officer | $234,000 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Jeffrey Goldberg | member of the Board | Appointed | 2025-05-28 |
| Duane DeSisto | member of the Board and to chair the Compensation Committee of the Board | Appointed | 2023-07-10 |
| William Febbo | board of directors | Resigned | 2023-07-10 |
| Kevin Schmid | Chief Operating Officer | Appointed | 2022-07-26 |
Leadership
- Ellen (Lynn) O'Connor Vos CEO
- Ellen O'Connor Vos CEO, Board Member
- James Besser CEO
- James E. Besser CEO
- Paul DiPerna CFO
- Kevin Schmid COO
- Carmen B. Volkart Board Member
- Carmen Volkart Board Member
- Duane DeSisto Board Member
- Ellen O’Connor Vos Board Member
- Jeffrey Goldberg Board Member
- Morgan C. Frank Board Member
- Philip Sheibley Board Member
- Steven Felsher Board Member