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Glimpse Group, Inc. (VRAR)

For the quarter ending 2025-03-31, VRAR made $1,422,235 in revenue. -$1,502,202 in net income. Net profit margin of -105.62%.

Overview

Revenue
$1,422,235
Net Income
-$1,502,202
Net Profit Margin
-105.62%
EPS
-$0.07
Unit: Dollar
Revenue Breakdown
    • Software services
    • Software license
Revenue Breakdown
    • Transferred at point in time
    • Transferred over time

Unit: Dollar
2025-03-31
2024-12-31
2024-09-30
Total revenue1,422,235 3,129,108 2,438,369
Cost of goods sold402,209 1,144,007 515,303
Gross profit1,020,026 2,024,927 1,923,066
Sales and marketing expenses483,138 384,223 738,875
Research and development expenses829,815 659,699 1,120,522
General and administrative expenses1,165,187 845,381 939,712
Change in fair value of acquisition contingent consideration-26,012 -28,161 -33,319
Amortization of acquisition intangible assets100,537 100,536 125,541
Total operating expenses2,604,689 2,018,000 2,957,969
Loss from operations before other income-1,584,663 6,927 -1,034,903
Interest income82,461 18,945 20,711
Net loss-1,502,202 25,872 -1,014,192
Basic eps-0.07 - -0.06
Diluted eps-0.07 - -0.06
Basic average shares20,999,445 18,361,274 18,164,217
Diluted average shares20,999,445 24,521,976 18,164,217
Unit: Dollar

Income Statement

DownloadDownload image
Net loss-$1,502,202 Interest income$82,461 Total revenue$1,422,235 Loss from operationsbefore other income-$1,584,663 Gross profit$1,020,026 Cost of goods sold$402,209 Total operatingexpenses$2,604,689 Amortization of acquisitionintangible assets$100,537 Change in fair value ofacquisition contingent...-$26,012 General andadministrative expenses$1,165,187 Research and developmentexpenses$829,815 Sales and marketingexpenses$483,138