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$3.52+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| For the Three Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| Revenue | ||
| Software services | $2,229,257 | $3,012,071 |
| Software license/software as a service | 209,112 | 92,809 |
| Total Revenue | 2,438,369 | 3,104,880 |
| Cost of goods sold | 515,303 | 1,181,509 |
| Gross Profit | 1,923,066 | 1,923,371 |
| Operating expenses: | ||
| Research and development expenses | 1,120,522 | 1,680,787 |
| General and administrative expenses | 939,712 | 1,096,042 |
| Sales and marketing expenses | 738,875 | 813,742 |
| Amortization of acquisition intangible assets | 125,541 | 368,120 |
| Goodwill impairment | - | 379,038 |
| Intangible asset impairment | - | 513,891 |
| Change in fair value of acquisition contingent consideration | 33,319 | (2,757,530) |
| Total operating expenses | 2,957,969 | 2,094,090 |
| Loss from operations before other income | (1,034,903) | (170,719) |
| Other income | ||
| Interest income | 20,711 | 51,276 |
| Net Loss | $(1,014,192) | $(119,443) |
| Basic and diluted net loss per share | $(0.06) | $(0.01) |
| Weighted-average shares used to compute basic and diluted net loss per share | 18,164,217 | 14,730,386 |
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