Company research
Brightline Interactive, Inc./NV
CIK 1854445Updated Sep 24, 2026
Name history
Glimpse Group, Inc. · through Aug 19, 2026
GGRP price & chart
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Recent filings
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Items 1.01, 3.02, 7.01, 9.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Items 3.03, 5.03, 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Items 5.03, 7.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 19,279,066Source | 15,558,603Source | 24,278,407Source | 38,397,084Source |
| Property, Plant and Equipment, NetUSD | 54,898Source | 167,325Source | 264,451Source | 245,970Source |
| GoodwillUSD | 10,857,600Source | 10,857,600Source | 11,236,638Source | 13,464,760Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 60,717Source | 487,867Source | 4,284,151Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,832,725Source | 1,848,295Source | 5,619,083Source | 16,249,666Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 840,551Source | 723,032Source | 1,453,770Source | 1,332,922Source |
| Assets, CurrentUSD | 8,172,657Source | 3,520,289Source | 7,793,568Source | 18,340,869Source |
| Prepaid Expense and Other Assets, CurrentUSD | 289,810Source | 778,181Source | 562,163Source | 479,483Source |
| Operating Lease, Right-of-Use AssetUSD | 122,094Source | 452,808Source | 627,832Source | — |
| Other Assets, NoncurrentUSD | 11,100Source | 72,714Source | 71,767Source | 32,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,343,176Source | 4,020,118Source | 13,054,575Source | 9,580,215Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 21,056Source | 18,158Source | 14,702Source | 12,749Source |
| Additional Paid in CapitalUSD | 82,506,758Source | 74,559,600Source | 67,854,108Source | 56,885,815Source |
| Retained Earnings (Accumulated Deficit)USD | -65,591,924Source | -63,039,273Source | -56,644,978Source | -28,081,695Source |
| Stockholders' Equity Attributable to ParentUSD | 16,935,890Source | 11,538,485Source | 11,223,832Source | 28,816,869Source |
| Liabilities and EquityUSD | 19,279,066Source | 15,558,603Source | 24,278,407Source | 38,397,084Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,338,472Source | 2,427,598Source | 8,126,121Source | 4,239,415Source |
| Operating Lease, Liability, CurrentUSD | 127,046Source | 364,688Source | 405,948Source | — |
| Accounts Payable, CurrentUSD | 228,371Source | 181,668Source | 455,777Source | 340,139Source |
| Operating Lease, Liability, NoncurrentUSD | 4,704Source | 178,824Source | 423,454Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 446,896Source | 340,979Source | 605,115Source | 188,417Source |
| Short-term InvestmentsUSD | — | — | — | 239,314Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | 540,196Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 931,446Source | 1,607,275Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 117,519Source | -730,738Source | -132,193Source | 295,076Source |
| Increase (Decrease) in Accounts PayableUSD | 46,703Source | -274,109Source | -419,716Source | -132,032Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -273,774Source | -5,209,847Source | -9,162,414Source | -4,940,865Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 2,627,261Source | 4,615,894Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,542,508Source | -1,529,442Source | -3,534,280Source | -5,057,206Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 42,508Source | — | — | 201,998Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 6,800,712Source | 2,968,501Source | 66,111Source | 26,475,808Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 4,984,430Source | -3,770,788Source | -12,630,583Source | 16,477,737Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 5,619,083Source | 18,249,666Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 427,150Source | 1,241,228Source | 2,045,587Source | 482,000Source |
| AssetAcquisitionContingentConsiderationLiabilityUSD | 1,483,583Source | 2,881,171Source | 9,625,791Source | 7,306,971Source |
| DepreciationUSD | 80,000Source | 120,000Source | — | — |
| Gain (Loss) on Termination of LeaseUSD | 34,660Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 623,828Source |
| General and Administrative ExpenseUSD | 3,636,266Source | 4,292,001Source | 5,037,359Source | 4,931,877Source |
| GoodwillUSD | 10,857,600Source | 10,857,600Source | 11,236,638Source | 13,464,760Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 2,942,369Source | — | — |
| Goodwill, Impairment LossUSD | — | 379,038Source | 12,855,723Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | 15,351,842Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | 2,563,331Source | 15,351,842Source | — |
| Income Tax Expense (Benefit)USD | — | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -2,552,651Source | -6,394,295Source | -28,563,283Source | -5,966,287Source |
| Nonoperating Income (Expense)USD | — | — | 242,401Source | 376,325Source |
| Operating ExpensesUSD | 9,862,313Source | 12,478,798Source | 38,022,035Source | 12,369,076Source |
| Payments to Acquire InvestmentsUSD | — | — | — | 239,314Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 66,111Source | 1,326,044Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 10,527,925Source | 8,804,199Source | 13,482,364Source | 7,267,613Source |
| Cost of RevenueUSD | 3,407,946Source | 2,941,460Source | 4,266,013Source | 1,241,149Source |
| Operating Income (Loss)USD | -2,742,334Source | -6,616,059Source | -28,805,684Source | -6,342,612Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,552,651Source | -6,394,295Source | — | — |
| Income Tax Expense (Benefit)USD | — | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -2,552,651Source | -6,394,295Source | -28,563,283Source | -5,966,287Source |
| Earnings Per Share, BasicUSD per share | -0.13Source | -0.38Source | -2.05Source | -0.51Source |
| Earnings Per Share, DilutedUSD per share | -0.13Source | -0.38Source | -2.05Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 19,633,374Source | 16,681,234Source | 13,929,135Source | 11,731,383Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 19,633,374Source | 16,681,234Source | 13,929,135Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 427,150Source | 1,241,228Source | 2,045,587Source | 482,000Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 508,135Source | 1,361,628Source | 2,192,982Source | — |
| General and Administrative ExpenseUSD | 3,636,266Source | 4,292,001Source | 5,037,359Source | 4,931,877Source |
| Goodwill, Impairment LossUSD | — | 379,038Source | 12,855,723Source | — |
| Gross ProfitUSD | 7,119,979Source | 5,862,739Source | 9,216,351Source | 6,026,464Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -2,197,907Source | -4,195,185Source | — | — |
| Interest Income, OtherUSD | 189,683Source | 221,764Source | 242,401Source | 32,227Source |
| Nonoperating Income (Expense)USD | — | — | 242,401Source | 376,325Source |
| Operating ExpensesUSD | 9,862,313Source | 12,478,798Source | 38,022,035Source | 12,369,076Source |
| Research and Development ExpenseUSD | 3,494,731Source | 5,455,612Source | 8,793,991Source | 6,158,395Source |
| Selling and Marketing ExpenseUSD | 2,201,754Source | 2,819,668Source | 7,489,978Source | 3,141,033Source |
Filing attachments
ex4-1.htm · 8-K · 2026-09-24
Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS EXERCISABLE HAS BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSA…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-24
Exhibit 99.1 Brightline Interactive Secures Strategic Investment Led by Drone Executive Allan Evans Evans, CEO of Unusual Machines, Inc., Leads Investor Group in Personal Investment in Brightline’s SpatialCore Platform ASHBURN, Va., September 24, 2026 - Brightline Interactive, Inc. (Nasdaq: BTLN) (the “Company”), the company building SpatialCore, an interoperability and operational context platform for Physical AI, today announced it has entered into an agreement for a private investment in p…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-23
Exhibit 99.1 Brightline Interactive Announces Reverse Stock Split of the Company’s Common Stock to Regain Compliance with Nasdaq Bid Price Requirement ASHBURN, VA - September 23, 2026 - Brightline Interactive, Inc. (“Brightline” or the “Company”) (NASDAQ: BTLN), today announced a planned reverse stock split of its authorized and outstanding shares of common stock at a ratio of 1-for-8. The reverse stock split will take effect as of 12:01 a.m. ET, on September 28, 2026, and shares of Brightline…
Read attachment ↗ex99-1.htm · 8-K · 2026-08-19
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Glimpse Group to Complete Corporate Rebrand to Brightline Interactive and Change Nasdaq Ticker to “BTLN” CEO Tyler Gates Issues “The Brightline Letter” Outlining the Company’s Transformation, Growth Strategy and Vision for SpatialCore in the Emerging Physical AI Market ASHBURN, Va. - 08/19/2026 - The Glimpse Group, Inc. (Nasdaq: GGRP), today announced that tomorrow it will complete its corporate rebrand to Brightline Interactive and the transition…
Read attachment ↗ex99-2.htm · 8-K · 2026-08-19
EX-99.2 4 ex99-2.htm EX-99.2 Exhibit 99.2 The Brightline Letter August 2026 To Our Shareholders, Partners, Customers, and Employees, Today we announced that The Glimpse Group becomes Brightline Interactive, and our Nasdaq ticker will change from GGRP to BTLN. A new name and a new ticker are visible changes and are the clearest public expression yet of a transformation that has been underway for months. On June 1, 2026, our new Board of Directors and leadership team assumed responsibili…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-07
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 The Glimpse Group Sharpens Focus as a Pureplay Physical AI Company with Strategic Divestment Transition reflects the strategic direction set with the appointment of CEO Tyler Gates and the Company’s new board ASHBURN, VA - July 7, 2026 - The Glimpse Group, Inc. (NASDAQ: GGRP) (“Glimpse” or the “Company”) today announced the sale of Glimpse Learning, LLC, a non-core legacy asset, continuing the Company’s transformation into a pureplay Physical AI i…
Read attachment ↗