Glimpse Group Q2 FY2026 revenue falls 59% YoY; initiates strategic realignment including BLI IPO and ticker change

Glimpse Group, Inc.

2026-Q2 EPS reported -$0.11 revenue$10,000

Revenue $1.30M, down 59% YoY from $3.17M; gross margin 61% vs 64%.
Adjusted EBITDA loss of -$0.89M compared to +$0.28M gain prior year.
Cash $3.34M; no debt, no convertible debt, no preferred equity, no contingent liabilities.
Board approved strategic realignment; exploring BLI spin-off IPO; filed confidential S-1 in Jan 2026, targeting H1 CY2026.
Company expects to change ticker from VRAR to GGRP by end of February 2026.

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