Glimpse Group, Inc. financial data

Symbol
VRAR on Nasdaq
Industry
Services-Computer Programming Services
Location
15 West 38 Th St, 9 Th Floor, New York, New York
State of incorporation
Nevada
Fiscal year end
June 30
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 127 % -45.3%
Debt-to-equity 65.8 % +38.1%
Return On Equity -163 % -357%
Return On Assets -95.1 % -293%
Operating Margin -219 % -174%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.1M shares +25.6%
Common Stock, Shares, Outstanding 18.1M shares +26.5%
Entity Public Float 33.3M USD
Common Stock, Value, Issued 18.1K USD +26.5%
Weighted Average Number of Shares Outstanding, Basic 17.2M shares +22%
Weighted Average Number of Shares Outstanding, Diluted 17.2M shares +22%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.51M USD
Revenue from Contract with Customer, Excluding Assessed Tax 9.99M USD -23.6%
Research and Development Expense 6.31M USD -27.9%
Selling and Marketing Expense 4.69M USD -22.5%
General and Administrative Expense 4.64M USD -10.5%
Operating Income (Loss) -21.9M USD -109%
Nonoperating Income (Expense) 242K USD -35.6%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -21.7M USD -111%
Earnings Per Share, Basic -1.51 USD/shares -104%
Earnings Per Share, Diluted -1.49 USD/shares +75.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.29M USD -29.1%
Accounts Receivable, after Allowance for Credit Loss, Current 975K USD -37.1%
Assets, Current 6.15M USD -27.7%
Property, Plant and Equipment, Net 185K USD -44.2%
Operating Lease, Right-of-Use Asset 522K USD -44.2%
Intangible Assets, Net (Excluding Goodwill) 2.82M USD -58.6%
Goodwill 10.9M USD -51.3%
Other Assets, Noncurrent 73.3K USD +2.1%
Assets 20.6M USD -49.7%
Accounts Payable, Current 241K USD -31.1%
Accrued Liabilities, Current 247K USD -28.2%
Contract with Customer, Liability, Current 69.8K USD -86.8%
Liabilities, Current 3.89M USD -34%
Operating Lease, Liability, Noncurrent 212K USD -59.4%
Liabilities 5.52M USD -57.4%
Retained Earnings (Accumulated Deficit) -59M USD -58%
Stockholders' Equity Attributable to Parent 15.1M USD -46.2%
Liabilities and Equity 20.6M USD -49.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.68M USD +45.3%
Net Cash Provided by (Used in) Financing Activities 66.1K USD -99.8%
Net Cash Provided by (Used in) Investing Activities -7.03K USD +99.7%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 18.1M shares +26.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.69M USD +69.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.29M USD -46.8%
Deferred Tax Assets, Valuation Allowance 17.8M USD +113%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 17.8M USD +113%
Operating Lease, Liability 625K USD -32.1%
Payments to Acquire Property, Plant, and Equipment 83.8K USD +360%
Lessee, Operating Lease, Liability, to be Paid 687K USD -35.9%
Operating Lease, Liability, Current 413K USD +3.46%
Lessee, Operating Lease, Liability, to be Paid, Year Two 177K USD -44.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 388K USD -21.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39K USD -54.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 120K USD
Deferred Tax Assets, Operating Loss Carryforwards 11.6M USD +48.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Additional Paid in Capital 74.1M USD +13.3%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 309K USD
Amortization of Intangible Assets 1.46M USD -47.2%
Depreciation, Depletion and Amortization 477K USD +1621%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 390K USD
Operating Leases, Future Minimum Payments, Due in Three Years 178K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%