Glimpse Group, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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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.
Mar 31, 2026 · Filed May 14, 2026
BTLN$3.67+4.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
THE GLIMPSE GROUP, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Nine Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(14,942,129) | $(2,490,522) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Amortization and depreciation | 91,586 | 390,467 |
| Common stock and stock option based compensation for employees, board of directors and vendors | 712,486 | 718,632 |
| Net gain on divestiture of subsidiaries | - | (1,392,434) |
| Reserve on note received in connection with divestiture of subsidiaries | - | 1,500,000 |
| Gain on office lease termination | - | (34,660) |
| Acquisition contingent consideration fair value adjustment | 16,417 | 87,492 |
| Goodwill impairment | 10,857,600 | - |
| Gain on sale of business | (240,000) | - |
| Adjustment to operating lease right-of-use assets and liabilities | (8,486) | (43,605) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 178,350 | 70,914 |
| Deferred costs | 46,842 | (434,781) |
| Prepaid expenses and other current assets | (384,687) | 198,917 |
| Other assets | - | 5,349 |
| Accounts payable | (12,985) | (128,862) |
| Accrued liabilities | (42,760) | 442,496 |
| Deferred revenue | 253,842 | 994,063 |
| Net cash used in operating activities | (3,473,924) | (116,534) |
| Cash flow from investing activities: | ||
| Purchase of leasehold improvements and equipment | (17,249) | (41,453) |
| Proceeds from sale of business | 200,000 | - |
| Payment of contingent consideration for acquisition | (1,500,000) | (1,500,000) |
| Net cash used in investing activities | (1,317,249) | (1,541,453) |
| Cash flows provided by financing activities: | ||
| Notes receivable repayments (issuance) | 109,768 | (93,600) |
| Proceeds from securities purchase agreement, net | - | 6,785,552 |
| Proceeds from exercise of warrants | - | 175,760 |
| Net cash provided by financing activities | 109,768 | 6,867,712 |
| Net change in cash and cash equivalents | (4,681,405) | 5,209,725 |
| Cash and cash equivalents, beginning of period | 6,832,725 | 1,848,295 |
| Cash and cash equivalents, end of period | $2,151,320 | $7,058,020 |
THE GLIMPSE GROUP, INC.
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