Brightline valued its divested VR business at zero, citing challenges to VR's viability

T2Covered by 1 source · first reported by UploadVR / Road to VR / MIXED at 01 Oct, 03:53 UTC

Brightline Interactive, the Nasdaq company that traded as The Glimpse Group until August, has put a value of zero on the 19.99% stake it kept in the VR learning business it sold in June. Accounting for that sale in its Form 10-K, filed with the SEC on September 28, the company writes that the…