Brightline Interactive, Inc. (BTLN) AI Stock Analysis
BTLN AI stock analysis summary
AI ResearchBrightline Interactive, Inc. (BTLN) is a software technology company providing Physical AI infrastructure through its SpatialCore platform. Over the trailing twelve months, the company generated $322,979 in revenue with an operating margin of -1546.9%. In FY2025, annual revenue reached $10.5M before contracting in recent quarters, while the company maintains $2.2M in cash and short-term investments as of March 31, 2026.
- Market cap
- $11.7M
- Revenue (TTM)
- $322,979
- P/E
- —
- 1Y return
- -64.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Annual revenue expanded at a 13.1% compound annual growth rate from FY2022 to reach $10.5M in FY2025.
- Operating cash flow improved substantially from -$5.2M in FY2024 to -$273,774 in FY2025 as net losses narrowed to -$2.6M.
- The balance sheet maintains short-term liquidity with a current ratio of 3.42 and $2.2M in cash and short-term investments as of March 31, 2026.
Bear case
- Trailing twelve-month revenue dropped to $322,979 following a 53.8% year-over-year quarterly revenue decline reported for March 31, 2026.
- Trailing twelve-month operating margin deteriorated to -1546.9%, resulting in an EPS of -$5.87.
- The stock has dropped 64.3% over the past year and trades at $4.31 as of October 16, 2026, down 29.2% against its 200-day moving average.
What Brightline Interactive does
Brightline Interactive, Inc., formerly known as The Glimpse Group, Inc., is a software technology company focused on Physical AI infrastructure through its SpatialCore platform in the United States. SpatialCore is an open standards-based interoperability and operational context platform that connects autonomous systems, sensors, digital twins, AI models, and other data sources into a unified operational environment. The company primarily serves defense, government, and commercial markets. Incorporated in 2016 and headquartered in Ashburn, Virginia, the company operates with 19 employees.
Growth and profitability
Brightline Interactive increased its annual revenue from $7.3M in FY2022 to $13.5M in FY2023, before revenue fell 34.7% to $8.8M in FY2024. In FY2025, revenue grew 19.6% to $10.5M, yielding a 3-year revenue CAGR of 13.1% from FY2022 to FY2025. Gross margin was 67.6% in FY2025, while operating margin improved to -25.1% and net income was -$2.6M. However, quarterly revenue for the period ended March 31, 2026, declined 53.8% year-over-year. Over the trailing twelve months, revenue was $322,979, operating margin was -1546.9%, and diluted EPS was -$5.87.
Balance sheet and cash flow
As of March 31, 2026, Brightline Interactive held $2.2M in cash and short-term investments, total assets of $3.8M, and shareholders' equity of $2.7M. The current ratio stood at 3.42. For FY2025, operating cash flow was -$273,774 and free cash flow was -$316,282, which narrowed from a free cash flow deficit of -$5.2M in FY2024. Capital expenditures totaled $42,508 during FY2025.
Valuation and performance
Brightline Interactive carries a market capitalization of $11.7M and an enterprise value of $12.2M. The company trades at a price-to-sales multiple of 36.2x, which is above the 2.8x median of its US-listed Technology peers. Its EV-to-revenue ratio is 1.8x, and its price-to-book ratio is 5.2x. Over the past year, the stock returned -64.3%, lagging the S&P 500 return of 16.8%. Over a 5-year span, the stock fell 94.3% compared to an 83.0% gain for the index.
What analysts expect
Wall Street analysts project a consensus revenue estimate of $0 for the fiscal year ending June 30, 2026. Over the last four quarters, the company beat EPS expectations in 1 quarter. Brightline Interactive is scheduled to report its next earnings on November 12, 2026.
Key risks and what to watch
- Cash and short-term investments of $2.2M remain exposed to recurring cash burn, including FY2025 free cash flow of -$316,282.
- The analyst consensus revenue estimate for the fiscal year ending June 30, 2026, sits at $0 after trailing twelve-month revenue fell to $322,979.
- The company trades at an elevated price-to-sales ratio of 36.2x despite generating a return on equity of -155.5%.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BTLN AI stock analysis
This page is an AI-written research summary of Brightline Interactive, Inc. (BTLN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BTLN income statement, BTLN balance sheet, BTLN key metrics, BTLN chart. See the BTLN stock overview for the latest quote and news.
BTLN AI stock analysis FAQ
What does Brightline Interactive, Inc. do?
Brightline Interactive, Inc., previously known as The Glimpse Group, Inc., develops the SpatialCore platform to support Physical AI infrastructure. The platform connects sensors, digital twins, autonomous systems, and AI models for defense, government, and commercial users.
What is Brightline Interactive's cash and debt position?
As of March 31, 2026, the company held $2.2M in cash and short-term investments and reported total assets of $3.8M, shareholders' equity of $2.7M, and a current ratio of 3.42.
Does Brightline Interactive pay a dividend?
Brightline Interactive does not pay a dividend.
How has BTLN stock performed recently?
As of October 16, 2026, BTLN closed at $4.31. The stock has posted a return of -41.8% year-to-date and -64.3% over the past year, underperforming the S&P 500 one-year return of 16.8%.