---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-045826"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:37:19.445372+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glimpse Q1 revenue $2.44M, adj EBITDA loss narrows; divests QReal, guides FY'25 rev $11-12M

## Summary
- Revenue $2.44M, down 21% YoY but up 44% QoQ; gross margin 79% vs 62% YoY.
- Adjusted EBITDA loss $0.46M vs $1.29M YoY; cash $1.4M, no debt.
- Guides FY'25 revenue $11-12M (25-35% YoY growth) and expects positive cash flow in remaining quarters.
- Divested QReal (Oct 1) for ~$4M net cash value, $1.2-1.5M annual savings, 60 fewer employees.
- Pipeline of multi-million dollar Spatial Core contracts ($5-10M); confirmations expected Dec '24/early '25.

## SEC filing metadata
- accession: 0001493152-24-045826
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315224045826/0001493152-24-045826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315224045826/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-045826
- JSON: https://secwatch.observer/filing/0001493152-24-045826.json
- Plain text: https://secwatch.observer/filing/0001493152-24-045826.txt

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