SEC filing · 10-K

Glimpse Group, Inc.: Annual report

Brightline Interactive reported a sharp revenue decline, a large goodwill impairment, and substantial doubt about its ability to continue as a going concern.

Filed September 28, 2026 · period ended June 30, 2026

Negative for the company

What the numbers say

Revenue fell 94% to $323K versus the prior year; gross margin narrowed from 61.0% to 57.4%; diluted EPS -$6.33 versus -$1.04; operating cash flow -$4.3M (a year earlier -$273.8K); free cash flow -$4.3M (a year earlier -$295.4K); cash fell by $3.7M to $3.1M; diluted share count up 7.7% (dilution).

Compared with the same period a year earlier, from the figures Glimpse Group, Inc. reported to the SEC.

What happened

Total revenue dropped 94% to $0.32 million due to US government budget delays affecting Department of Defense contracts.

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Summary generated automatically from the filing text and checked against it: every number above is printed in the document. It describes the filing and is not investment advice. Read the original before relying on it.