Glimpse Group Inc
For the period ended Jun 30, 2024. Filed Sep 30, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Sep 30, 2024
BTLN$3.52+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| As of June 30, 2024 | As of June 30, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $1,848,295 | $5,619,083 |
| Accounts receivable | 723,032 | 1,453,770 |
| Deferred costs/contract assets | 170,781 | 158,552 |
| Prepaid expenses and other current assets | 778,181 | 562,163 |
| Total current assets | 3,520,289 | 7,793,568 |
| Equipment, net | 167,325 | 264,451 |
| Right-of-use assets, net | 452,808 | 627,832 |
| Intangible assets, net | 487,867 | 4,284,151 |
| Goodwill | 10,857,600 | 11,236,638 |
| Other assets | 72,714 | 71,767 |
| Total assets | $15,558,603 | $24,278,407 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Accounts payable | $181,668 | $455,777 |
| Accrued liabilities | 340,979 | 635,616 |
| Accrued non cash performance bonus | - | 1,041,596 |
| Deferred revenue/contract liabilities | 72,788 | 466,393 |
| Lease liabilities, current portion | 364,688 | 405,948 |
| Contingent consideration for acquisitions, current portion | 1,467,475 | 5,120,791 |
| Total current liabilities | 2,427,598 | 8,126,121 |
| Long term liabilities | ||
| Contingent consideration for acquisitions, net of current portion | 1,413,696 | 4,505,000 |
| Lease liabilities, net of current portion | 178,824 | 423,454 |
| Total liabilities | 4,020,118 | 13,054,575 |
| Commitments and contingencies | ||
| Stockholders’ Equity | ||
| 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; 18,158,217 and 14,701,929 issued and outstanding, respectively | 18,158 | 14,702 |
| Additional paid-in capital | 74,559,600 | 67,854,108 |
| Accumulated deficit | (63,039,273) | (56,644,978) |
| Total stockholders’ equity | 11,538,485 | 11,223,832 |
| Total liabilities and stockholders’ equity | $15,558,603 | $24,278,407 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.