{"schema_version":"secwatch.filing_event.v1","accession":"0001019056-23-000027","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2023-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.783685+00:00","generated_at":"2026-06-20T16:24:07.888668+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Modular Medical enters 48-month lease for 24,000 sq ft in San Diego","bullets":["Monthly base rent $36,000 for first 12 months, increasing 4% annually thereafter.","Plus common area charges of approximately $10,700/month, adjustable based on actual costs.","Lease term 48 months beginning on or about February 1, 2023, at 10740 Thornmint Road.","Lessor is Michael Summers; property includes 24,000 square feet of space."],"urls":{"canonical":"https://secwatch.observer/filing/0001019056-23-000027","json":"https://secwatch.observer/filing/0001019056-23-000027.json","markdown":"https://secwatch.observer/filing/0001019056-23-000027.md","text":"https://secwatch.observer/filing/0001019056-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000101905623000027/0001019056-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000101905623000027/modular_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T16:24:07.888668+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf9cc212129e92d1c59471d371fe10457f2db990","claim":"Modular Medical, Inc. entered into Lease Agreement with Michael Summers valued at $36,000 (effective 2023-01-05).","evidence_excerpt":"On January 5, 2023, Modular Medical, Inc. (the “Company”) entered into a Lease Agreement (the “Lease Agreement”) with Michael Summers (the “Lessor”) pursuant to which the Company will lease approximately 24,000 square feet of a building located at 10740 Thornmint Road, San Diego, California, commencing on or about February 1, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000101905623000027/0001019056-23-000027-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"Michael Summers"},{"label":"Value","value":"$36,000"},{"label":"Effective","value":"2023-01-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}