{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-006604","form_type":"8-K","ticker":"GGRP","cik":"0001854445","company_name":"Glimpse Group, Inc.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.037310+00:00","generated_at":"2026-06-06T02:37:40.447266+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Glimpse Group Q2 FY2024 revenue falls 29% to $2.08M; net loss $0.74M; adjusted EBITDA loss narrows to $1.33M","bullets":["Revenue Q2 FY2024 $2.08M, down 29% YoY from $2.95M; six-month revenue $5.18M, down 25%.","Gross margin 68% vs 70% YoY; decline driven by higher contractor costs on project revenue.","Net loss $0.74M vs prior-year net income $1.31M (included non-cash gain); six-month net loss $0.86M vs $4.07M.","Adjusted EBITDA loss narrowed to $1.33M from $2.60M; cash expenses reduced ~50% from high; cash breakeven ~$3M/quarter.","Cash and equivalents $5.22M as of Dec 31, 2023; no corporate debt or preferred equity."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-006604","json":"https://secwatch.observer/filing/0001493152-24-006604.json","markdown":"https://secwatch.observer/filing/0001493152-24-006604.md","text":"https://secwatch.observer/filing/0001493152-24-006604.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/0001493152-24-006604-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:37:40.447266+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":"546c05b14f29a9b037630cf3c8dba7467c85a20d","claim":"Glimpse Group, Inc. reported its quarter ended December 31, 2023 (\"Q2 FY '24\") results: revenue approximately $2.08 million, net income Net loss of $0.74 million.","evidence_excerpt":"Total revenue for the three months ended December 31, 2023 was approximately $2.08 million compared to approximately $2.95 million for the three months ended December 31, 2022, a decrease of 29%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854445/000149315224006604/0001493152-24-006604-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its quarter ended December 31, 2023 (\"Q2 FY '24\")"},{"label":"Revenue","value":"approximately $2.08 million"},{"label":"Net income","value":"Net loss of $0.74 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"}