{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-034623","form_type":"8-K","ticker":"GGRP","cik":"0001854445","company_name":"Glimpse Group, Inc.","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.795605+00:00","generated_at":"2026-06-10T07:46:57.459156+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Glimpse Group FY2023 revenue $13.48M (+85% YoY); net loss $28.6M; raises $3M via direct offering","bullets":["Revenue $13.48M, up 85% YoY; gross margin 68% vs 82% in FY2022.","Net loss $28.6M vs $6.0M YoY, including $14.9M non-cash goodwill impairment of S5D.","Adjusted EBITDA loss $6.5M vs $4.0M YoY; cash $5.6M at June 30; no debt.","Closed $3M registered direct offering at $1.75/share (1.89M shares) with two institutional investors on Sept 28.","Realigning subsidiaries around three core entities (BLI, QReal, S5D) targeting cash flow profitability from operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-034623","json":"https://secwatch.observer/filing/0001493152-23-034623.json","markdown":"https://secwatch.observer/filing/0001493152-23-034623.md","text":"https://secwatch.observer/filing/0001493152-23-034623.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223034623/0001493152-23-034623-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223034623/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:46:57.459156+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":"e5409077d965cc4847ba36907e6464eb211824f8","claim":"Glimpse Group, Inc. reported fiscal year ended June 30, 2023 results: revenue approximately $13.5 million.","evidence_excerpt":"() --- EX-99.1 2 ex99-1.htm Exhibit 99.1 The Glimpse Group Reports Fiscal Year 2023 Financial Results Fiscal Year 2023 Revenues Grew by 85% Year-over-Year to Approximately $13.5 Million, a 4X Increase Over Two Fiscal Years Realigning Company To Focus on Immersive Software Driven by Spatial Computing, Cloud and AI Significantly Reduced Cash Operating Expense","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854445/000149315223034623/0001493152-23-034623-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended June 30, 2023"},{"label":"Revenue","value":"approximately $13.5 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"}