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Side-by-side financial comparison of RELMADA THERAPEUTICS, INC. (RLMD) and Glimpse Group, Inc. (VRAR). Click either name above to swap in a different company.
Glimpse Group, Inc. is the larger business by last-quarter revenue ($1.3M vs $1.3M, roughly 1.0× RELMADA THERAPEUTICS, INC.). On growth, RELMADA THERAPEUTICS, INC. posted the faster year-over-year revenue change (13.0% vs -59.0%).
Relmada Therapeutics, Inc. is a clinical-stage biotechnology company dedicated to developing novel therapies for central nervous system disorders. Its lead product candidate targets treatment-resistant depression, with ongoing clinical trials to address unmet medical needs in its primary markets of North America and Europe.
The Glimpse Group, Inc. is a specialized immersive technology firm focused on developing virtual reality (VR) and augmented reality (AR) solutions. It serves enterprise, education, healthcare, and entertainment segments, offering custom immersive experiences and software tools for clients across North America and select global markets.
RLMD vs VRAR — Head-to-Head
Income Statement — Q4 FY2023 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3M | $1.3M |
| Net Profit | — | $-1.2M |
| Gross Margin | — | 60.7% |
| Operating Margin | -2130.6% | -97.1% |
| Net Margin | — | -94.3% |
| Revenue YoY | 13.0% | -59.0% |
| Net Profit YoY | — | -4837.1% |
| EPS (diluted) | $-0.84 | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $1.3M | ||
| Q3 25 | — | $1.4M | ||
| Q4 23 | $1.3M | — | ||
| Q3 23 | $1.3M | — | ||
| Q2 23 | $1.4M | — | ||
| Q1 23 | $1.2M | — | ||
| Q4 22 | $1.1M | — | ||
| Q3 22 | $827.6K | — |
| Q4 25 | — | $-1.2M | ||
| Q3 25 | — | $-1.0M | ||
| Q4 23 | — | — | ||
| Q3 23 | $-22.0M | — | ||
| Q2 23 | $-25.3M | — | ||
| Q1 23 | $-26.3M | — | ||
| Q4 22 | $-37.9M | — | ||
| Q3 22 | $-39.4M | — |
| Q4 25 | — | 60.7% | ||
| Q3 25 | — | 72.1% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — | ||
| Q3 22 | — | — |
| Q4 25 | — | -97.1% | ||
| Q3 25 | — | -95.6% | ||
| Q4 23 | -2130.6% | — | ||
| Q3 23 | -1717.3% | — | ||
| Q2 23 | -1908.9% | — | ||
| Q1 23 | -2331.3% | — | ||
| Q4 22 | -3472.5% | — | ||
| Q3 22 | -4680.6% | — |
| Q4 25 | — | -94.3% | ||
| Q3 25 | — | -73.9% | ||
| Q4 23 | — | — | ||
| Q3 23 | -1665.0% | — | ||
| Q2 23 | -1855.9% | — | ||
| Q1 23 | -2179.6% | — | ||
| Q4 22 | -3404.5% | — | ||
| Q3 22 | -4762.9% | — |
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $-0.05 | ||
| Q4 23 | $-0.84 | — | ||
| Q3 23 | $-0.73 | — | ||
| Q2 23 | $-0.84 | — | ||
| Q1 23 | $-0.87 | — | ||
| Q4 22 | — | — | ||
| Q3 22 | $-1.31 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $96.3M | $3.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $85.4M | $15.3M |
| Total Assets | $97.6M | $16.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.3M | ||
| Q3 25 | — | $5.6M | ||
| Q4 23 | $96.3M | — | ||
| Q3 23 | $106.3M | — | ||
| Q2 23 | $118.5M | — | ||
| Q1 23 | $132.4M | — | ||
| Q4 22 | $148.3M | — | ||
| Q3 22 | $141.6M | — |
| Q4 25 | — | $15.3M | ||
| Q3 25 | — | $16.2M | ||
| Q4 23 | $85.4M | — | ||
| Q3 23 | $100.7M | — | ||
| Q2 23 | $111.3M | — | ||
| Q1 23 | $125.5M | — | ||
| Q4 22 | $140.4M | — | ||
| Q3 22 | $166.3M | — |
| Q4 25 | — | $16.0M | ||
| Q3 25 | — | $18.3M | ||
| Q4 23 | $97.6M | — | ||
| Q3 23 | $109.1M | — | ||
| Q2 23 | $122.0M | — | ||
| Q1 23 | $135.6M | — | ||
| Q4 22 | $152.9M | — | ||
| Q3 22 | $187.1M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.2M | $-739.2K |
| Free Cash FlowOCF − Capex | — | $-747.3K |
| FCF MarginFCF / Revenue | — | -57.5% |
| Capex IntensityCapex / Revenue | — | 0.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-739.2K | ||
| Q3 25 | — | $-1.3M | ||
| Q4 23 | $-10.2M | — | ||
| Q3 23 | $-11.6M | — | ||
| Q2 23 | $-13.3M | — | ||
| Q1 23 | $-16.5M | — | ||
| Q4 22 | $-35.9M | — | ||
| Q3 22 | $-26.9M | — |
| Q4 25 | — | $-747.3K | ||
| Q3 25 | — | $-1.3M | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — | ||
| Q3 22 | — | — |
| Q4 25 | — | -57.5% | ||
| Q3 25 | — | -92.8% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — | ||
| Q3 22 | — | — |
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q4 22 | — | — | ||
| Q3 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RLMD
Segment breakdown not available.
VRAR
| Software Services | $1.2M | 90% |
| Other | $124.4K | 10% |
