Glimpse Group Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 14, 2024
BTLN$3.67+4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| For the Three Months Ended September 30, | |||
|---|---|---|---|
| 2024 · 2023 | |||
| Cash flows from operating activities: | |||
| Net loss | $(1,014,192) | $(119,443) | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Amortization and depreciation | 155,594 | 398,923 | |
| Common stock and stock option based compensation for employees and board of directors | 366,727 | 666,620 | |
| Accrued non cash performance bonus fair value adjustment | - | (388,734) | |
| Acquisition contingent consideration fair value adjustment | 33,319 | (2,757,530) | |
| Impairment of intangible assets | - | 892,929 | |
| Issuance of common stock to vendors | - | 26,936 | |
| Amortization of right-of-use assets | 95,389 | 95,727 | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (148,461) | 251,407 | |
| Deferred costs/contract assets | (149,591) | 1,834 | |
| Prepaid expenses and other current assets | (38,907) | (56,204) | |
| Other assets | 54,246 | (1,505) | |
| Accounts payable | 39,698 | (29,881) | |
| Accrued liabilities | (20,310) | (230,124) | |
| Deferred revenue/contract liabilities | 375,070 | (257,879) | |
| Lease liabilities | (173,627) | (176,293) | |
| Net cash used in operating activities | (425,045) | (1,683,217) | |
| Cash flow from investing activities: | |||
| Purchases of equipment | (9,456) | (7,030) | |
| Net cash used in investing activities | (9,456) | (7,030) | |
| Cash flows provided by financing activities: | |||
| Cash provided by financing activities | - | - | |
| Net change in cash and cash equivalents | (434,501) | (1,690,247) | |
| Cash and cash equivalents, beginning of year | 1,848,295 | 5,619,083 | |
| Cash and cash equivalents, end of period | $1,413,794 | $3,928,836 | |
| Non-cash Investing and Financing activities: | |||
| Issuance of common stock for satisfaction of contingent liability | $ | - | $127,145 |
| Issuance of common stock for non cash performance bonus | $ | - | $127,145 |
| Lease liabilities arising from right-of-use assets | $ | - | $113,182 |
| Common stock subscription receivable | $ | - | $2,984,001 |
The accompanying notes are an integral part of these condensed 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.