{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-028051","form_type":"8-K/A","ticker":"GGRP","cik":"0001854445","company_name":"Glimpse Group, Inc.","filed_at":"2022-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.770218+00:00","generated_at":"2026-06-23T04:31:29.705348+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Glimpse Group files BLI financials: $5M revenue, $471K net income, but $2.98M liabilities and going concern risk","bullets":["BLI 2021 revenue $5.02M, net income $470.7K; total assets $317K vs liabilities $2.98M.","Current liabilities exceed current assets by $1.14M; going concern uncertainty noted but alleviated by member funding and Glimpse acquisition.","Two customers drove 82% of 2021 revenue; one customer 71%.","Member loans $1.57M at 8% interest; due to member $60.5K; $235K PPP loan forgiven.","Pro forma combined financials for year ended June 30, 2022 filed as Exhibit 99.2."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-028051","json":"https://secwatch.observer/filing/0001493152-22-028051.json","markdown":"https://secwatch.observer/filing/0001493152-22-028051.md","text":"https://secwatch.observer/filing/0001493152-22-028051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854445/000149315222028051/0001493152-22-028051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854445/000149315222028051/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T04:31:29.705348+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}