• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    The Glimpse Group Issues 2024 Year End Shareholder Letter Highlighting Spatial Core Market Traction and Expected Profitability

    12/17/24 4:30:00 AM ET
    $VRAR
    EDP Services
    Technology
    Get the next $VRAR alert in real time by email

    2024 Marked by Strategic Repositioning to Spatial Core AI and Cloud Based Revenues, Significant DoD Contracts, and Positioning Toward Revenue Growth and Profitability

    NEW YORK, NY / ACCESSWIRE / December 17, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, today issued a letter to shareholders from its President & CEO, Lyron Bentovim, summarizing key Glimpse developments for Calendar Year 2024.

    Dear Shareholders:

    2024 was a transformational year for Glimpse, in which we made significant strides in our strategic transition to focus on providing enterprise-scale Spatial Computing, Cloud and AI driven Immersive middleware software and solutions ("Spatial Core") - led by our subsidiary company Brightline Interactive. This successful transition included major contracts with leading U.S. Department of Defense ("DoD") and other large entities, while working directly with Nvidia, Microsoft, Cesium and many others.

    In parallel, we streamlined our organizational structure and reached a point where we are cash flow profitable from operations. We achieved this milestone without raising capital and while maintaining a clean balance sheet with no debt, converts or preferreds. In fact, we expect our cash balance on December 31, 2024 to match and potentially exceed our cash balance on September 30, 2024 - the first time that has occurred in our history as a public company from internal operations only.

    The Immersive industry itself also made important progress in 2024, with major initiatives and products announced by Apple, Meta, Nvidia, Google, Samsung, Snap and others. These bode well for the Immersive industry in general and for Glimpse in particular.

    Spatial Core Summary:

    In 2023 we commenced on a strategic transition, focusing our investment on Spatial Core. This transition was largely completed during 2024 and Spatial Core is now Glimpse's primary growth engine and value driver.

    Spatial Core has tremendous potential and has gained strong traction during the year. We are working with some of the leading companies in the world to develop the Immersive middleware that takes in huge amounts of 2D data, creates detailed and life-like digital twins in 3D and then on top of that 3D data makes complex computations inside the digital twin environment while also adding important utility functions, all via the Cloud, in large scale and in real time.

    • Spatial Core is highly relevant and powerful in industries where there is complex 2D data that can be utilized far more effectively in a 3D setting with multiple use cases in Enterprises, Manufacturing, Engineering/Architecture, Oil/Gas, Robotics as well as in Government and the Military.

    • AI is a key element in Spatial Core:

      • Automate the generation of digital twin environments - 2D to 3D, utilizing machine learning and computer vision.

      • Generative AI inside a Spatial Environment - utilize Large Language Models (LLMs) to ask functional questions about a descriptive environment. For example, "If I place a building in this location, will I be able to see the other building".

      • Neuro Learning Networks - learn in an immersive environment by performing a function repeatedly, based on visual inputs, and then distribute that learning to all other participants. For example, robots learning to do complex tasks.

    • These AI capabilities, combined with the vast and real time computing available via the Cloud, and delivered via 5G networks are transformative in our ability to create complex and powerful simulations and scenarios, in a cost effective, scalable and effective manner.

    I encourage you to view the Spatial Core webinar we hosted earlier this year: "The intersection of AI and Spatial Computing, bringing the power of bringing AI into the 3D world":

    https://www.webcaster4.com/Webcast/Page/2934/51186

    Examples of Spatial Core traction include:

    • Signed a $4MM+, 12-month contract with a Department of Defense entity for a Spatial Computing ecosystem, integrating AI workflows and accelerated compute for a variety of defense use-cases.

    • Entered into a Cooperative Research and Development Agreement (CRADA) with the US Army Combat Capabilities Development Command, Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, to develop, assess and improve workflows to create and augment synthetic imagery for use in training and assessing AI and machine learning Machine learning algorithms.

    • Extended partnership with a Fortune 500 government Systems Integrator for VR Training in Digital Twin Environments to a key U.S. government agency with over 45,000 employees on a mid six figure contract.

    • Brightline Interactive, Cesium & NVIDIA teamed up at the GEOspatial INTelligence Symposium 2024 to introduce Brightline's Spatial Core which uses AI workflows for complex computations on top of real life data sets, enabling powerful real time, massive data driven, digital twin and simulation applications.

    • Successfully Completed the Cooperative Research and Development Agreement (CRADA) with the US Naval Surface Warfare Center, Dahlgren Division for the adaptation of immersive technologies.

    • Completed a contract to support a major immersive technology hardware provider to accelerate their computing interfaces into GPU-enabled cloud, with streaming and visualization capabilities.

    • We are at an advanced stage of securing several additional multi-million dollar Spatial Core contracts with multiple Government, DoD and large enterprise customers. The short-term aggregate value for these contracts is in the $5-10 million range.

    • Each of these potential contracts has significant growth elements built into them that could lead to significant annual recurring software revenue once the original contracts have been successfully performed.

    Other Glimpse Entities Summary:

    In parallel to Spatial Core, our other Immersive businesses continued their positive momentum. Some examples:

    • Foretell Reality entered into a 6-figure partnership with a large University to develop an AI-driven VR training system enabling students and trainees to learn various professional skills through conversation-centric simulations with an AI-based avatar in different immersive settings.

    • Glimpse Learning entered into a two year, mid-six figure contract with the College of Staten Island CUNY ("CSI") Technology Incubator for the design, deployment and integration of a suite of immersive technologies in its new Innovation Hub. This is a cross Glimpse effort, with a significant software license component

    • In recent months, we have experienced an increase in our revenues with Snap for AR 3D models and lenses.

    • Sector 5 Digital ("S5D") entered into a 6-figure engagement with one of the world's largest architecture firms to visualize in AR the new business campus of a multinational retail company; a mid-six figure contract with a global water and hygiene infrastructure company for an augmented reality (AR) solution; and a mid-six figure contract with a global energy company for Immersive content.

    • Glimpse Learning entered into a multi year, mid-six figure contract with a state district for Immersive education.

    Immersive Industry:

    While the Immersive industry, and Glimpse as a significant participant in it, has faced challenging headwinds over the past two years, we are now seeing and experiencing concrete positive growth indicators in both our business and the Immersive industry.

    We believe that the Immersive industry is poised for significant growth, driven by:

    • Meta's VR gaming platform continues to grow, and their new Ray-Ban AI glasses have exceeded expectations, demonstrating consumer appetite for discreet wearable tech.

    • Apple boldly entered the headset market with the Vision Pro, its initial Spatial headset, signaling their intent to lead the next digital era.

    • Samsung's recent re-entry to the market, leveraging Google's new Immersive operating system, signals a competitive resurgence and further industry maturation.

    • Perhaps the most significant development lies in Meta's "Orion" concept AR headset. This vision of seamlessly integrating digital experiences into the real world represents a fundamental shift in human-computer interaction. This vision is directly correlated with our vison for Spatial Core.

    Specifically, as it relates to Spatial Core, the following are key industry developments:

    • Matured AR Cloud and Interoperable Standards for Enterprise and Government Workflows: standardized "AR Cloud"- open standards and protocols enable seamless interoperability, allowing different contractors, departments, and partners to integrate and share geospatial data, maintenance records, and situational guidance without being locked into proprietary ecosystems.

    • Enhanced On-Device Spatial AI for Operational Efficiency and Security: Spatial computing devices can now perform advanced AI-driven tasks directly on their own hardware, enabling real-time environmental understanding, object recognition, and anomaly detection without constant cloud connectivity. Use cases: secure border monitoring, emergency response planning, infrastructure maintenance and technical troubleshooting.

    • Industry-Grade Mixed Reality Headsets and Toolchains for Scalable Enterprise Solutions: High-performance mixed reality headsets, offering comfortable wearability, robust tracking, and industrial-grade durability, became standard gear in many professional fields letting enterprises rapidly create, deploy, and maintain applications - ranging from advanced training simulations for defense personnel to augmented production workflows for automotive manufacturing lines.

    We believe that these industry developments, coupled with ongoing technological advancements, position the Immersive industry for potential rapid adoption and substantial market expansion in upcoming years.

    2025 Expectations:

    • Looking forward, we expect overall revenues to be significantly higher in the coming quarters compared to the past year, resulting in above $3 million/Q revenue on average in the coming quarters. We expect that revenues for 2025 will be well above our revenues for 2024 (for reference, we previously disclosed that we expect our aggregate revenue for FY '25 - ending June 30, 2025 - to be in the $11-12 million range). This expected growth will be primarily driven by an increase in Spatial Core revenues, as well as potential growth in our other businesses.

    • Our Gross Margin should continue to be in the 60-70% range.

    • Post operational restructuring, our current operating cash expense base (pre revenue) is now less than $1 million per month.

    • We expect to be cash flow positive and increase our cash balance throughout the upcoming calendar year, without the need for a capital raise.

    VRAR Stock

    • The transformational and positive developments achieved in 2024 are not currently reflected in our stock price, creating what we believe is a very significant disconnect between our intrinsic value and our public company valuation.

    • We have a strong position in the Immersive technology segment, AI and Cloud driven revenues, large enterprise and DoD customers, relationships with some of the most successful tech companies in the world, strong pipeline of growing revenues, high gross margins, positive expected cash flow, a clean balance sheet, 10 issued Immersive patents, etc. - yet we have an extremely low market cap and consistent selling pressure on the stock. In essence, we are an abandoned "Nano-Cap" but with top tier customers, partners, IP and technology in an exciting growth industry.

    • The management, board and co-founders of the Company own approximately 33% of the outstanding shares. This group has never sold a share in the Company's history, even after the Glimpse's IPO in 2021, and is determined to maximize shareholder value. It is also a key reason why Glimpse continues to maintain a clean capital structure with no debt, no convertible debt and no preferred equity - a rarity in public companies of our size.

    • This valuation disconnect has had, and continues to have, a substantial negative impact on our ability to execute on our growth strategy. As such, the Board of Directors of the Company is exploring various aggressive strategic options to enable the business to be in a position to invest in its growth while unlocking the value inherent in our business and/or assets and may pursue such options in the future.

    Summary Remarks

    We have made major strides over the past year in repositioning and restructuring Glimpse strategically and operationally. It's an exciting time for the Immersive industry, Glimpse is positioned as a leading provider of enterprise Immersive software and services, and we are poised for revenue growth and cash profitability.

    However, this is not reflected in our stock price, to the great detriment of our growth potential and shareholders. Going forward, we are going to continue our focus on profitable growth and in parallel aggressively explore all strategic options with the goal of unlocking the value of our business and/or underlying assets.

    I thank you all for your interest in and support of Glimpse, and wish you all a nice holiday season and a happy and healthy 2025.

    Lyron L. Bentovim
    President & CEO
    The Glimpse Group

    About The Glimpse Group, Inc.

    The Glimpse Group (NASDAQ:VRAR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual Reality, Augmented Reality and Spatial Computing software & services. Glimpse's unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

    Safe Harbor Statement

    This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

    Company Contact:

    Maydan Rothblum
    CFO & COO
    The Glimpse Group, Inc.
    (917) 292-2685

    SOURCE: The Glimpse Group, Inc.



    View the original press release on accesswire.com

    Get the next $VRAR alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $VRAR

    DatePrice TargetRatingAnalyst
    1/24/2022$14.00Buy
    EF Hutton
    More analyst ratings

    $VRAR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Glimpse President and CEO Lyron Bentovim To Be Interviewed on Schwab Network's "Trading 360 with Nicole Petallides" On The Topic of Immersive Technology, Spatial Computing, AI and Key Partnerships

      NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR, FSE: 9DR)), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, announced today that its President & CEO, Lyron Bentovim, will be Interviewed on Schwab Network's "Trading 360 with Nicole Petallides" at the NYSE on Wednesday January 22, 2025 at 11:30am ET. Details: Topic: The Glimpse Group, Immersive Technology, Spatial Computing, AI and Key PartnershipsDate: Wednesday, January 22, 2025, 11:30am ESTLink 1: www.schwabnetwork.com (live)Link 2: schwabnetwork.com/shows/trading-3

      1/17/25 8:30:00 AM ET
      $VRAR
      EDP Services
      Technology
    • Winning In The Spatial Computing, AI and Cloud Immersive Segment - A Glimpse Group Webinar On X Spaces, hosted by WOLF Financial (Tuesday, December 31, 2024 at 1:00pm EST)

      NEW YORK, NY / ACCESSWIRE / December 27, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, announced today that it will lead a discussion on X Spaces on the topic of: "Positioned To Win In the Spatial Computing, AI and Cloud Immersive Segment".The discussion will be led by Glimpse President & CEO - Lyron Bentovim, and Glimpse Chief Futurist and General Manager of Brightline Interactive - Tyler Gates.Twitter Spaces Details:Topic: Winning In the Spatial Computing, AI and Cloud Immersive SegmentDate: Tuesd

      12/27/24 7:00:00 AM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group Regains Compliance with NASDAQ

      NEW YORK, NY / ACCESSWIRE / December 24, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, today announced that it received written notice (the "Compliance Notice") from Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.About The Glimpse Group, Inc.The Glimpse Group (NASDAQ:VRAR) is a diversified Immersive technology platform company, providing enterprise-focuse

      12/24/24 10:30:00 AM ET
      $VRAR
      EDP Services
      Technology

    $VRAR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • EF Hutton initiated coverage on Glimpse Group with a new price target

      EF Hutton initiated coverage of Glimpse Group with a rating of Buy and set a new price target of $14.00

      1/24/22 8:58:31 AM ET
      $VRAR
      EDP Services
      Technology

    $VRAR
    SEC Filings

    See more

    $VRAR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 10-Q filed by The Glimpse Group Inc.

      10-Q - Glimpse Group, Inc. (0001854445) (Filer)

      5/15/25 8:35:36 AM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Glimpse Group, Inc. (0001854445) (Filer)

      5/15/25 8:35:19 AM ET
      $VRAR
      EDP Services
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by The Glimpse Group Inc.

      SCHEDULE 13G/A - Glimpse Group, Inc. (0001854445) (Subject)

      5/14/25 3:17:31 PM ET
      $VRAR
      EDP Services
      Technology
    • SEC Form 4 filed by The Glimpse Group Inc.

      4 - Glimpse Group, Inc. (0001854445) (Issuer)

      12/11/24 10:39:38 AM ET
      $VRAR
      EDP Services
      Technology
    • President and CEO Bentovim Lyron L was granted 7,099 shares, increasing direct ownership by 16% to 51,972 units (SEC Form 4)

      4 - Glimpse Group, Inc. (0001854445) (Issuer)

      8/26/24 9:00:25 AM ET
      $VRAR
      EDP Services
      Technology
    • SEC Form 4 filed by Elkeles Tamar

      4 - Glimpse Group, Inc. (0001854445) (Issuer)

      6/4/24 12:58:26 PM ET
      $VRAR
      EDP Services
      Technology

    $VRAR
    Leadership Updates

    Live Leadership Updates

    See more
    • The Glimpse Group Appoints Dr. Tamar Elkeles to its Board of Directors

      Veteran Technology Executive Brings Strong Growth and Organizational ExperienceNEW YORK, NY / ACCESSWIRE / April 30, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality, Augmented Reality and Spatial Computing software and services, has appointed Dr. Tamar Elkeles to its Board as an independent director effective April 29, 2024.Dr. Elkeles has nearly 30 years of experience in the high technology industry. She was the Chief Learning Officer at Qualcomm from 1992-2015. Afterward, she served in senior executive positions at several technology companies and investment firms. Dr. Elkele

      4/30/24 8:30:00 AM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group Accelerates Growth Potential With the Appointment of Immersive Technology Marketing Veteran James Watson as Chief Marketing Officer

      With more than 20 years of marketing experience, James Watson has spent the last 10 years developing award winning marketing programs across the VR & AR sectors with leading global companiesNEW YORK, NY / ACCESSWIRE / April 4, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR) ("Glimpse or the "Company") a Virtual Reality ("VR") and Augmented Reality ("AR") platform company comprised of multiple VR and AR software & services companies, today announced the appointment of James Watson as its Chief Marketing Officer ("CMO").Prior to joining Glimpse, James was the founder of XRTech Marketing, a strategic marketing consulting firm focused on helping XR companies align their products with marke

      4/4/22 8:30:00 AM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group Appoints M7 Innovations' Matt Maher as Advisor & Strategic Marketing Partner

      Glimpse Engages Leading-Edge NYC-Based Creative Firm to Guide Marketing Efforts Amidst Rapid Metaverse Adoption and Market GrowthNEW YORK, NY / ACCESSWIRE / March 1, 2022 / The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR) ("Glimpse," "The Glimpse Group" or the "Company") a Virtual Reality and Augmented Reality ("VR and AR") platform company comprised of multiple VR and AR software & services companies, today announced the appointment of Matt Maher, Founder of M7 Innovations ("M7"), as a strategic marketing advisor. In this new role, Maher and the M7 creative team will help guide the Company as it expands its marketing efforts, strategically growing key parts of the business as it scales global

      3/1/22 8:30:00 AM ET
      $VRAR
      EDP Services
      Technology

    $VRAR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by The Glimpse Group Inc.

      SC 13G/A - Glimpse Group, Inc. (0001854445) (Subject)

      12/4/24 9:00:12 AM ET
      $VRAR
      EDP Services
      Technology
    • Amendment: SEC Form SC 13G/A filed by The Glimpse Group Inc.

      SC 13G/A - Glimpse Group, Inc. (0001854445) (Subject)

      11/12/24 9:00:17 AM ET
      $VRAR
      EDP Services
      Technology
    • Amendment: SEC Form SC 13G/A filed by The Glimpse Group Inc.

      SC 13G/A - Glimpse Group, Inc. (0001854445) (Subject)

      10/2/24 9:00:21 AM ET
      $VRAR
      EDP Services
      Technology

    $VRAR
    Financials

    Live finance-specific insights

    See more
    • The Glimpse Group Reports Q1 Fiscal Year 2025 Financial Results

      NEW YORK, NY / ACCESSWIRE / November 14, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, provided financial results for its first quarter fiscal year 2025 year, ended September 30, 2024 ("Q1 FY '25").Business Commentary by President & CEO Lyron BentovimFinancial Summary:Q1 FY '25 revenue of approximately $2.44 million, reflecting: a) 44% increase compared to Q4 FY '24 (ending June 30, 2024) revenue of approximately $1.7 million. The Q-Q increase was primarily driven by an increase in Spatial Core revenues, and

      11/14/24 4:01:00 PM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group to Announce Q1 Fiscal Year 2025 Financial Results on Thursday, November 14, 2024 at 4:30 p.m. Eastern Time

      NEW YORK, NY / ACCESSWIRE / November 12, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, will release its financial results for Q1 fiscal year 2025 (ended September 30, 2024) after the market close on Thursday, November 14, 2024.Management will host a conference call to discuss financial results, provide a corporate update, and conclude with a Q&A session. To participate, please use the following information:Q1 Fiscal Year 2025 Conference Call and WebcastDate: Thursday, November 14, 2024Time: 4:30 p.m. Eastern

      11/12/24 8:30:00 AM ET
      $VRAR
      EDP Services
      Technology
    • The Glimpse Group Reports Fiscal Year 2024 Financial Results

      Transition to Spatial Core AI and Cloud Driven Revenues Gaining TractionExpect Significantly Higher Revenue In The Upcoming QuartersExpect to Be Cash Flow Positive In The Upcoming Quarters Based on Signed Contracts AloneExtreme Valuation Disconnect A Catalyst For Strategic Review To Maximize Shareholder Value NEW YORK, NY / ACCESSWIRE / September 30, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, provided financial results for its fiscal year ended June 30, 2024 ("FY'24").Business Commentary by President & CE

      9/30/24 4:01:00 PM ET
      $VRAR
      EDP Services
      Technology