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The Glimpse Group, Inc. reported a net loss of $1.2 million for Q2 2026, with total revenue of $1.3 million. The company generated a gross profit of $789,000, representing a gross margin of 60.7%. However, operating expenses of $2.1 million resulted in an operating loss of $1.3 million. The balance sheet shows total assets of $16.0 million, with cash and cash equivalents of $3.3 million and stockholders' equity of $15.3 million. Cash flow from operations was negative $2.0 million, while financing activities provided $56,000. The company's cash position decreased by $3.5 million during the quarter, ending with $6.8 million in cash and equivalents. Key drivers included a $240,000 gain on sale of business and $36,000 in interest income, partially offsetting operating losses.
EPS
-$0
Revenue
$1.3M
Net Income
-$1.2M
Gross Margin
60.7%
Gross Profit
$789K
Operating Income
-$1.3M
operating margin
-100.0%