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The Glimpse Group (GGRP) 10-Q Filings

GGRP NASDAQ

Ticker history: GGRP became BTLN (Brightline Interactive, Inc.) on . Earlier news and filings retain their original names and dates. View GGRP history.

Here are the 10-Q quarterly reports from The Glimpse Group, Inc. (GGRP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GGRP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GGRP filings page.

Rhea-AI Summary

The Glimpse Group, Inc. reported sharply weaker results for the quarter ended March 31, 2026 and raised doubt about its ability to continue as a going concern. Revenue fell to $0.66M from $1.42M, a 54% decline, mainly from U.S. Department of War project funding delays and the wind down of a major social media contract.

Operating expenses surged to $13.29M, driven by a non‑cash goodwill impairment of about $10.86M related to Brightline and Glimpse Learning, leading to a quarterly net loss of $12.68M and nine‑month loss of $14.94M. Cash and cash equivalents dropped to $2.15M from $6.83M at June 30, 2025, while net cash used in operating activities was $3.47M over nine months.

Management concluded substantial doubt exists about funding operations for the next 12 months and is evaluating options such as spin‑offs, mergers, and new financings. The company also received a Nasdaq notice for failing the $1.00 minimum bid price requirement and has until September 9, 2026 to regain compliance. As of May 11, 2026, Glimpse had 21,076,506 common shares outstanding.