For the quarter ending 2025-12-31, VRAR made $1,299,697 in revenue. -$1,225,589 in net income. Net profit margin of -94.30%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Total revenue | 1,299,697 | 1,398,653 | 3,538,213 | 1,422,235 |
| Cost of goods sold | 510,231 | 390,881 | 1,346,427 | 402,209 |
| Gross profit | 789,466 | 1,007,772 | 2,151,960 | 1,020,026 |
| Goodwill impairment | - | - | 0 | - |
| Intangible asset impairment | - | - | 0 | - |
| Research and development expenses | 894,387 | 973,400 | 884,695 | 829,815 |
| General and administrative expenses | 843,821 | 979,234 | 685,986 | 1,165,187 |
| Change in fair value of acquisition contingent consideration | - | -16,417 | -14,920 | -26,012 |
| Sales and marketing expenses | 303,946 | 324,089 | 595,518 | 483,138 |
| Amortization of acquisition intangible assets | 9,069 | 51,648 | 100,536 | 100,537 |
| Total operating expenses | 2,051,223 | 2,344,788 | 2,281,655 | 2,604,689 |
| Income (loss) from operations before other income | -1,261,757 | -1,337,016 | -129,695 | -1,584,663 |
| Gain on sale of business | - | 240,000 | - | - |
| Interest income | 36,168 | 63,707 | 67,566 | 82,461 |
| Net income (loss) | -1,225,589 | -1,033,309 | -62,129 | -1,502,202 |
| Basic net income (loss) per share | -0.06 | -0.05 | 0 | -0.07 |
| Diluted net income (loss) per share | -0.06 | -0.05 | 0 | -0.07 |
| Weighted-average common shares used to compute basic net income (loss) per share | 21,075,935 | 21,064,979 | -37,891,562 | 20,999,445 |
| Weighted-average common shares used to compute diluted net income (loss) per share | 21,075,935 | 21,064,979 | -44,052,264 | 20,999,445 |
Glimpse Group, Inc. (VRAR)
Glimpse Group, Inc. (VRAR)