Material weakness
high
Filing comparison
Modular Medical, Inc. reported a material weakness in internal control
Internal control reported effective → Material weakness in internal control
Management has concluded that the remediation measures described above related to the accounting for warrants, and similar financial instruments have been implemented, and operated effectively for a sufficient period of time for management to conclude, based on the results of our testing over the design and operating effectiveness of these controls, that the previously identified material weakness has been remediated as of March 31, 2026. Changes in Internal Control over Financial Reporting Except for the…
Evidence
- Current state
- material_weakness
- Current state label
- Material weakness in internal control
- Direction
- newly reported
- Prior filed
- 2025-06-20
- Prior form
- 10-K
- Prior state
- effective
- Prior state label
- Internal control reported effective
- Remediation stated
- Yes
- Severity
- high
- Source
- Item 9A internal control conclusion, compared with the prior filing
- Why
- The company's conclusion on internal control over financial reporting changed: a material weakness was newly reported, or a previously reported one no longer appears.