---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019819"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:35:35.185435+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Glimpse Group Q3 revenue $1.9M (-48% YoY); net loss improves; wins $4M+ DoD contract

## Summary
- Q3 FY2024 revenue $1.9M, down 48% YoY from $3.7M, due to strategic shift to Spatial Computing/Cloud/AI.
- Net loss $1.54M vs $5.22M YoY, improvement of 70%; adjusted EBITDA loss $0.89M vs $1.13M.
- Subsidiary Brightline Interactive entered $4M+ 12-month contract with DoD for Spatial Computing ecosystem.
- Operating expenses cut 62% to $2.93M; expects cash flow positive from Sept 2024.
- Cash $4.3M as of March 31, 2024; no corporate debt or preferred equity.

## SEC filing metadata
- accession: 0001493152-24-019819
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315224019819/0001493152-24-019819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315224019819/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019819
- JSON: https://secwatch.observer/filing/0001493152-24-019819.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019819.txt

## Key facts
- Earnings Releases
  Glimpse Group, Inc. reported its third quarter fiscal year 2024, ended March 31, 2024 ("Q3 FY'24") results: revenue approximately $1.9 million, net income $1.54 million.
  - Period: its third quarter fiscal year 2024, ended March 31, 2024 ("Q3 FY'24")
  - Revenue: approximately $1.9 million
  - Net income: $1.54 million
  - Result: reported results
  source text: assets. As was previously discussed and as expected, the temporary impact of this strategic transition was lower revenue. ● Q3 FY ‘24 quarterly revenue of approximately $1.9 million, a 48% decrease compared to revenue of approximately $3.7 million in Q3 FY ‘23 which was our record revenue quarter. ● Gross Margin for Q3 FY ‘24 was approximately 70% compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854445/000149315224019819/0001493152-24-019819-index.htm

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