Glimpse Group Inc
For the period ended Jun 30, 2024. Filed Sep 30, 2024.
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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.
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Consolidated Statements of Operations
| For the Years Ended | ||
|---|---|---|
| June 30, | ||
| 2024 | 2023 | |
| Revenue | ||
| Software services | $8,130,515 | $12,587,192 |
| Software license/software as a service | 673,684 | 895,172 |
| Total Revenue | 8,804,199 | 13,482,364 |
| Cost of goods sold | 2,941,460 | 4,266,013 |
| Gross Profit | 5,862,739 | 9,216,351 |
| Operating expenses: | ||
| Research and development expenses | 5,455,612 | 8,793,991 |
| General and administrative expenses | 4,292,001 | 5,037,359 |
| Sales and marketing expenses | 2,819,668 | 7,489,978 |
| Amortization of acquisition intangible assets | 1,241,228 | 2,045,587 |
| Goodwill impairment | 379,038 | 12,855,723 |
| Intangible asset impairment | 2,563,331 | 2,496,119 |
| Change in fair value of acquisition contingent consideration | (4,272,080) | (696,722) |
| Total operating expenses | 12,478,798 | 38,022,035 |
| Loss from operations before other income | (6,616,059) | (28,805,684) |
| Other income | ||
| Interest income | 221,764 | 242,401 |
| Net Loss | $(6,394,295) | $(28,563,283) |
| Basic and diluted net loss per share | $(0.38) | $(2.05) |
| Weighted-average shares used to compute basic and diluted net loss per share | 16,681,234 | 13,929,135 |
The accompanying notes are an integral part of these consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.