Glimpse Group, Inc.
Business
Glimpse Group is an enterprise immersive-technology company providing Virtual Reality, Augmented Reality, and Spatial Computing software and services. The company develops proprietary software products targeting corporate training, education, healthcare, government & defense, branding, retail, and media & entertainment through B2B and B2B2C models. Operations span subsidiary entities including Brightline Interactive, Sector 5 Digital, Glimpse Learning, and Glimpse Lenses, with strategic focus on the Spatial Core cloud and AI-enabled platform.
Summary from 10-K filed 2025-09-29
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Total Revenue | 11 | 9 | 13 | 7 | 3 | |
| Cost of goods sold | 3 | 3 | 4 | 1 | 1 | |
| Gross profit | 7 | 6 | 9 | 6 | 2 | |
| Research and development expenses | 3 | 5 | 9 | 6 | 3 | |
| General and administrative expenses | 4 | 4 | 5 | 4 | 2 | |
| Sales and marketing expenses | 2 | 3 | 7 | 3 | 1 | |
| Amortization of acquisition intangible assets | 430,000 | 1 | 2 | 481,515 | — | |
| Goodwill impairment | — | 379,038 | 13 | 13 | — | |
| Intangible asset impairment | — | 3 | 2 | — | — | |
| Change in fair value of acquisition contingent consideration | 102,412 | −4 | −696,722 | −2 | — | |
| Total operating expenses | 10 | 12 | 38 | 12 | 8 | |
| Loss from operations before other income | −3 | −7 | −29 | −6 | −6 | |
| Interest income | 189,683 | 221,764 | 242,401 | 32,227 | 6,202 | |
| Net loss | −3 | −6 | −29 | −6 | −6 | |
| Basic net income (loss) per share | −0.13 | −0.38 | −2.05 | −0.51 | −0.84 | |
| Diluted net income (loss) per share | −0.13 | −0.38 | −2.05 | −0.51 | — | |
| Weighted-average common shares outstanding for net loss per share, basic | 20 | 17 | 14 | 12 | 7 | |
| Weighted-average common shares outstanding for net loss per share, diluted | 20 | 17 | 14 | 12 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-07-31 | FY 2022 2022-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7 | 2 | 6 | — | 16 | |
| Accounts receivable | 840,551 | 723,032 | 1 | — | 1 | |
| Deferred costs | 48,971 | 170,781 | — | — | — | |
| Notes receivable | 160,600 | — | — | — | — | |
| Prepaid expenses and other current assets | 289,810 | 778,181 | 562,163 | — | 389,618 | |
| Total current assets | 8 | 4 | 8 | — | 18 | |
| Equipment and leasehold improvements, net | 54,898 | 167,325 | 264,451 | — | 245,970 | |
| Right-of-use assets, net | 122,094 | 452,808 | 627,832 | 430,000 | — | |
| Intangible assets, net | 60,717 | 487,867 | 4 | — | 4 | |
| Goodwill | 11 | 11 | 11 | — | 13 | |
| Other assets | 11,100 | 72,714 | 71,767 | — | 121,865 | |
| Total assets | 19 | 16 | 24 | — | 38 | |
| Accounts payable | 228,371 | 181,668 | 455,777 | — | 340,139 | |
| Accrued liabilities | 446,896 | 340,979 | 635,616 | — | 188,417 | |
| Deferred revenue | 52,576 | 72,788 | 466,393 | — | 841,389 | |
| Lease liabilities, current portion | 127,046 | 364,688 | 405,948 | 90,000 | — | |
| Contingent consideration for acquisitions, current portion | 1 | 1 | 5 | — | 2 | |
| Total current liabilities | 2 | 2 | 8 | — | 4 | |
| Contingent consideration for acquisitions, net of current portion | — | 1 | 5 | — | 5 | |
| Lease liabilities, net of current portion | 4,704 | 178,824 | 423,454 | 340,000 | 450,000 | |
| Total liabilities | 2 | 4 | 13 | — | 10 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred Stock, par value $0.001 per share, 20 million shares authorized; 0 shares issued and outstanding | — | — | — | — | — | |
| Common Stock, par value $0.001 per share, 300 million shares authorized; 21,055,506 and 18,158,217 issued and outstanding, respectively | 21,056 | 18,158 | 14,702 | — | 12,749 | |
| Additional paid-in capital | 83 | 75 | 68 | — | 57 | |
| Accumulated deficit | −66 | −63 | −57 | — | −28 | |
| Total stockholders equity | 17 | 12 | 11 | — | 29 | |
| Total liabilities and stockholders equity | 19 | 16 | 24 | — | 38 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Amortization and depreciation | 508,135 | 1 | 2 | 540,196 | — | |
| Common stock and stock option based compensation for employees and board of directors | 984,143 | 2 | 5 | 3 | 3 | |
| Net gain on divestiture of subsidiaries | −1 | −1 | — | — | — | |
| Reserve on notes received in connection with divestiture of subsidiaries | 2 | 1 | — | — | — | |
| Gain on office lease termination | −34,660 | — | — | — | — | |
| Accrued non cash performance bonus fair value adjustment | — | −551,239 | — | — | — | |
| Impairment of intangible assets | — | 3 | 15 | — | — | |
| Issuance of common stock to vendors | 4,601 | 100,372 | 5,238 | 188,336 | 134,416 | |
| Adjustment to operating lease right-of-use assets and liabilities | −46,062 | −110,866 | −8,330 | — | — | |
| Accounts receivable | −117,519 | 730,738 | 132,193 | −295,076 | −411,571 | |
| Deferred costs | 121,810 | −12,229 | — | — | — | |
| Prepaid expenses and other current assets | 488,371 | −216,018 | −182,410 | −330,496 | −25,933 | |
| Other assets | 5,349 | −948 | 149,963 | −32,000 | — | |
| Accounts payable | 46,703 | −274,109 | −419,716 | −132,032 | 260,002 | |
| Accrued liabilities | 109,062 | −294,637 | −120,181 | −73,475 | 97,068 | |
| Deferred revenue | −1,034 | −393,605 | — | — | −231,937 | |
| Net cash used in operating activities | −270,000 | −5 | −9 | −5 | −1 | |
| Purchase of leasehold improvements and equipment | −42,508 | −31,548 | — | −201,998 | −28,003 | |
| Payment of contingent consideration for acquisition | −2 | −1 | −1 | — | — | |
| Cash used in investing activities | −2 | −2 | −4 | −5 | −28,003 | |
| Proceeds from securities purchase agreement, net | 7 | 3 | — | 14 | — | |
| Proceeds from exercise of warrants | 175,760 | — | — | — | — | |
| Issuance of notes receivable | −189,000 | — | — | — | — | |
| Notes receivable repayments | 28,400 | — | — | — | — | |
| Net cash provided by financing activities | 7 | 3 | 66,111 | 26 | 2 | |
| Net change in cash and cash equivalents | 5 | −4 | −13 | 16 | 737,083 | |
| Issuance of common stock for satisfaction of contingent liability | — | 974,646 | 3 | — | 46,958 | |
| Issuance of common stock for non cash performance bonus | — | 490,357 | — | — | — | |
| Lease liabilities arising from right-of-use assets | 20,344 | — | 429,329 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Glimpse Group, Inc.'s CIK number?
Glimpse Group, Inc.'s SEC CIK number is 0001854445 (1854445). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Glimpse Group, Inc.'s SEC filings?
All of Glimpse Group, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Glimpse Group, Inc. last report earnings?
Glimpse Group, Inc. (GGRP) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-023052). This is Glimpse Group, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Glimpse Group, Inc.'s most recent earnings 8-K?
Glimpse Group, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001493152-26-023052. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Glimpse Group, Inc.'s latest earnings 8-K →
Look up any company's CIK number →