---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041048"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:02:11.258456+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Glimpse Group Q1 FY2024 revenue $3.1M, down 22% YoY; net loss improves 98% to $0.12M

## Summary
- Revenue $3.1M, down 22% from $3.95M YoY, up 7% QoQ from $2.9M; gross margin 62% vs 69%.
- Net loss $0.12M vs $5.38M prior year (improvement ~98%); Adjusted EBITDA loss $1.29M vs $1.05M.
- Cash $3.93M at Sep 30, plus $2.98M from Oct 3 financing; total >$6.5M, no debt.
- Board authorized $2M stock buyback over 3 years but company does not expect to use it unless extreme stock moves.
- Strategic shift to Spatial Computing/AI; headcount cut ~40% in past year; Q2 revenue expected lower, Q3 rebound.

## SEC filing metadata
- accession: 0001493152-23-041048
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315223041048/0001493152-23-041048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315223041048/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041048
- JSON: https://secwatch.observer/filing/0001493152-23-041048.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041048.txt

## Key facts
- Earnings Releases
  Glimpse Group, Inc. reported first quarter fiscal year 2024 results: revenue approximately $3.1 million.
  - Period: first quarter fiscal year 2024
  - Revenue: approximately $3.1 million
  - Result: reported results
  source text: FY’24”). Business Summary by President & CEO Lyron Bentovim Q1 FY ‘24 (July 1, 2023 – September 30, 2023) was highlighted by: ● Q1 FY ‘24 quarterly revenue of approximately $3.1 million, a 7% Q-Q increase compared to Q4 FY ‘23 revenue of approximately $2.9 million and a 22% decrease compared to the record revenue of approximately $3.95 million in Q1 FY ‘23. ●
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854445/000149315223041048/0001493152-23-041048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.