Core Insights - The Glimpse Group, Inc. is focusing on strategic initiatives for calendar year 2026 aimed at unlocking shareholder value, which is believed to be undervalued in the current equity valuation [2][4] Business Strategy - The company plans to spin out Brightline Interactive (BLI) through an IPO, positioning it as a standalone entity focused on Physical AI and Spatial Computing for the Defense Tech/AI software segment [5] - BLI's solutions utilize the SpatialCore software platform for operational orchestration and training of digital twins, robotics, and autonomous systems [5] - The IPO is targeted for completion in the first half of CY '26, with Lucid Capital Markets engaged as the investment banking partner [5] - In parallel, the company is exploring private company spin-out alternatives for BLI to maximize its success and create value for shareholders [5] Immersive Technologies - The core Immersive business is driven by the Foretell Ai software product, which provides intelligent, conversational simulations in immersive environments [5] - Foretell Ai is gaining traction in the Education and Healthcare segments, with increasing enterprise interest and new license agreements [5] - A recent contract was secured with a NYC-based higher education institution for the deployment of a local Large Language Model infrastructure to run Foretell Ai [5] Financial Position - The company maintains a healthy capital structure with no debt and sufficient cash reserves for the next 12 months [11] - An S3 and ATM facility has been established, although there is no current intent to utilize these tools [11]

NEW YORK, NY / ACCESS Newswire / December 16, 2025 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Immersive Technology, Spatial Computing and Artificial Intelligence ("AI") driven software and services, announced today that it entered into a six figure contract with a NYC based higher education institution for the design, deployment and integration of a local Large Language Model ("LLM") infrastructure, specifically confi ...

 Vancouver, BC – TheNewswire - December 2, 2025 – XR Immersive Technologies Inc. (CSE: VRAI, OTC: FNTTF, FSE: 79W0) (“XR” or the “Company”) is providing a corporate update following the appointment of Shafin Diamond Tejani as Special Advisor, originally announced on October 9, 2025.Since the appointment, the Company has focused on three core priorities: (1) completing all outstanding financial filings, (2) advancing commercialization of its health-related digital twin technology, and (3) progressing through ...

Core Insights - The Glimpse Group, Inc. reported a revenue of approximately $10.5 million for fiscal year 2025, marking a 20% increase from the previous fiscal year’s revenue of approximately $8.8 million [1] Financial Summary - Fiscal year 2025 revenue reached approximately $10.5 million, reflecting a growth of about 20% compared to fiscal year 2024 [1] - The company achieved essentially breakeven cash flow during the fiscal year [1] Strategic Focus - The company is emphasizing AI-centric contracts and has outlined a strategic plan aimed at unlocking significant value [1]

Core Insights - The Glimpse Group, Inc. has announced the initial results of a study assessing the feasibility and acceptability of VR Art making for teens in outpatient psychiatric treatment [1] - This program is a collaboration with Montefiore Einstein and is led by Dr. Jenny Seham, conducted under strict IRB protocols [1] - The initiative represents a significant advancement in utilizing immersive technology to enhance therapeutic practices [1] Company Overview - The Glimpse Group, Inc. is a diversified Immersive Technology platform company focused on enterprise applications [1] - The company provides software and services driven by Immersive Technology, Spatial Computing, and Artificial Intelligence [1] - Foretell Reality, an immersive software company under Glimpse, is involved in this innovative program [1] Industry Context - The use of cutting-edge immersive technology in therapeutic practices is gaining traction, indicating a growing trend in mental health treatment [1] - The collaboration between technology companies and healthcare institutions highlights the potential for innovative solutions in psychiatric care [1]

Core Insights - Glimpse Group, Inc. has announced a significant contract through its subsidiary Sector 5 Digital with a major energy technology company, valued in the mid 6-figure dollar range [1] Company Overview - Glimpse Group, Inc. operates as a diversified Immersive Technology platform company, focusing on enterprise applications of Immersive Technology, Spatial Computing, and AI-driven software and services [1]

Core Insights - The Glimpse Group, Inc. is set to release its financial results for fiscal year 2025, which ended on June 30, 2025, before the market opens on September 30, 2025 [1] - A conference call will be hosted by management to discuss the financial results, provide a corporate update, and conclude with a Q&A session [1] Company Overview - Glimpse operates as a diversified Immersive Technology platform company [1] - The company focuses on enterprise-oriented Immersive Technology, Spatial Computing, and AI-driven software and services [1]

Core Insights - zSpace, Inc. has announced a strategic partnership with The Glimpse Group, Inc. to launch the Medical Assisting Skills Virtual Trainer aimed at expanding access to healthcare career pathways [1][3] - The new software application allows students to practice 33 essential clinical and administrative skills in a safe and engaging virtual environment, supporting Nursing and Allied Health programs [2][3] - The partnership addresses the critical shortage of healthcare workers by providing scalable, immersive solutions that equip students with hands-on skills necessary for high-demand careers [3][4] Company Overview - zSpace, Inc. specializes in augmented reality (AR) and AI-powered immersive learning experiences, serving K-12 STEM, K-12 CTE, post-secondary CTE, and workforce development programs [6] - The company has over 3,500 educational institutions as clients and holds more than 70 patents in immersive technology [6] - The Glimpse Group, Inc. is a diversified immersive technology platform company that provides enterprise-focused immersive tech, spatial computing, and AI software and services [5] Product Details - The Medical Assisting Skills Virtual Trainer is aligned with Certified Medical Assistant (AAMA) standards and offers unlimited practice opportunities for students [3] - The application is designed to support both classroom instruction and remote learning environments, helping students build confidence and reduce errors [2][3] - The software is now available to educational institutions across the U.S., with options for personalized demonstrations [4]

Core Insights - The Glimpse Group, Inc. reported preliminary financial results for Q4 FY'25, indicating significant revenue growth driven by its Department of Defense contracts [1][4]. Financial Performance - Total revenues for Q4 FY'25 are expected to be approximately $3.50 million, marking a 100% increase from $1.73 million in Q4 FY'24 and a 150% increase from $1.42 million in Q3 FY'25 [2]. - Adjusted EBITDA for Q4 FY'25 was positive, contrasting with an Adjusted EBITDA loss of approximately -$1.1 million in Q4 FY'24 [2]. Cash Position - As of June 30, 2025, the company's cash and equivalents stood at approximately $6.85 million, with a clean capital structure that includes no debt, convertible debt, or preferred equity [3]. Business Commentary - The President & CEO highlighted that Q4 FY'25 revenue was the highest in over two years, driven entirely by organic growth from Spatial Core's contracts [4].

Financial Data and Key Metrics Changes - Q3 fiscal year 2025 revenue was approximately $1.4 million, a 25% decrease compared to $1.9 million in Q3 fiscal year 2024, primarily due to revenue recognition timing [9] - Gross margin for Q3 fiscal year 2025 was approximately 72%, up from 70% in Q3 fiscal year 2024, with expectations for future gross margins to be in the 65% to 75% range [10] - Net operating cash provided for operations in Q3 fiscal year 2025 was a positive cash gain of approximately $130,000, compared to a net operating cash loss of approximately $920,000 in Q3 fiscal year 2024 [11] - The company's cash and equivalents position as of March 31, 2025, was approximately $7 million, with no debt or convertible debt [12] Business Line Data and Key Metrics Changes - SpatialCore, led by BrightLine Interactive, is a significant growth driver, with a $4 million Department of Defense contract expected to be delivered [6] - Hotel Reality entered into several contracts for its AI-driven immersive training product, while Sector Five Digital secured follow-on agreements with major companies [7] - Glimpsed Lens's Snap revenues grew significantly from the prior quarter, and Glimps Learning entered into multiple software license contracts in healthcare and education [8] Market Data and Key Metrics Changes - The U.S. government's continuing resolution and lack of a federal budget for 2025 have delayed potential awards for multiple government and DoD opportunities, but the company remains well-positioned for future contracts [7] Company Strategy and Development Direction - The company is focused on leveraging its SpatialCore technology to capitalize on immersive opportunities, with a strong emphasis on cost control and operational efficiency [5][13] - The company may utilize its $2 million common share buyback plan to protect its stock value if circumstances warrant [8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the upcoming quarter, expecting it to be the highest revenue quarter in the past two fiscal years, driven by strong demand in the enterprise segment [4] - The company anticipates a revenue range of $10 million to $11 million for fiscal year 2025, representing a 15% to 25% increase despite divestments [10] Other Important Information - The company has maintained a clean capital structure with no debt, convertible debt, or preferred equity, positioning itself for future growth [12] Q&A Session Summary - There were no questions from the phone lines during the Q&A session, and the management thanked participants for their interest and support [16][17]