Glimpse Group, Inc.
For the period ended Jun 30, 2025. Filed Sep 29, 2025.
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FY2025 · Filed Sep 29, 2025
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, | ||
| 2025 | 2024 | |
| Revenue | ||
| Software services | $9,996,491 | $8,130,515 |
| Software license/software as a service | 503,734 | 673,684 |
| Royalty income | 27,700 | - |
| Total Revenue | 10,527,925 | 8,804,199 |
| Cost of goods sold | 3,407,946 | 2,941,460 |
| Gross profit | 7,119,979 | 5,862,739 |
| Operating expenses: | ||
| Research and development expenses | 3,494,731 | 5,455,612 |
| General and administrative expenses | 3,636,266 | 4,292,001 |
| Sales and marketing expenses | 2,201,754 | 2,819,668 |
| Amortization of acquisition intangible assets | 427,150 | 1,241,228 |
| Goodwill impairment | - | 379,038 |
| Intangible asset impairment | - | 2,563,331 |
| Change in fair value of acquisition contingent consideration | 102,412 | (4,272,080) |
| Total operating expenses | 9,862,313 | 12,478,798 |
| Loss from operations before other income | (2,742,334) | (6,616,059) |
| Other income | ||
| Interest income | 189,683 | 221,764 |
| Net loss | $(2,552,651) | $(6,394,295) |
| Basic and diluted net loss per share | $(0.13) | $(0.38) |
| Weighted-average common shares outstanding for basic and diluted net loss per share | 19,633,374 | 16,681,234 |
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