{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-004871","form_type":"8-K","ticker":"GGRP","cik":"0001854445","company_name":"Glimpse Group, Inc.","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.174065+00:00","generated_at":"2026-06-19T14:31:38.090462+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Glimpse Group Q2 revenue rises 75% YoY to $3.0M; 1H FY'23 revenue record $6.9M, up 155%","bullets":["Q2 FY'23 revenue $2.95M (+75% YoY); 1H FY'23 revenue $6.9M (+155% YoY) record.","Gross margin 70%; adjusted EBITDA loss $2.6M in Q2 and $3.6M in 1H; net income $1.31M in Q2 (non-cash gain).","Reduced annual cash expense base by ~$2.5M (15%), including 20-25% executive pay cuts; targeting cash flow neutrality in CY '23.","Cash $9.4M at Dec 31, 2022, no debt; expect Q3 FY'23 revenues to exceed Q2.","Board approved long-term incentive plan for founders: $7 exercise price, vesting on $30-100M revenue and $20-60 stock price targets."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-004871","json":"https://secwatch.observer/filing/0001493152-23-004871.json","markdown":"https://secwatch.observer/filing/0001493152-23-004871.md","text":"https://secwatch.observer/filing/0001493152-23-004871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223004871/0001493152-23-004871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223004871/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:31:38.090462+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":[{"claim_id":"273f3cdd97bb16d6ec1f31cc46cd66133eaec932","claim":"Glimpse Group, Inc. reported the fiscal second quarter ended December 31, 2022 results: revenue approximately $3.0 million.","evidence_excerpt":"ex99-1.htm Exhibit 99.1 The Glimpse Group Reports Fiscal Second Quarter 2023 Financial Results Fiscal Second Quarter FY 2023 Revenues Grew by 75% Year-over-Year to Approximately $3.0 million; Revenue for 1H FY 2023 Grew by 155% Year-over-Year to a Record of Approximately $6.9 million; Progressing Toward Goal of Achieving Cash Flow Neutrality From Existing Operations","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223004871/0001493152-23-004871-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal second quarter ended December 31, 2022"},{"label":"Revenue","value":"approximately $3.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}