This verse from the Bhagavad Gita, spoken by Lord Krishna, conveys the cyclical nature of creation and dissolution, highlighting the concept of reincarnation and the eternal cycle of birth and death.

1. Sarva-bhūtāni: This refers to all beings, encompassing every living entity in the universe, including humans, animals, plants, and even microscopic organisms.

2. Kaunteya: This is addressed to Arjuna, who is the son of Kunti, another name for Arjuna's mother, Queen Kunti. Lord Krishna often addresses Arjuna by this name, signifying their familial relationship and affection.

3. Prakṛtiṁ yānti māmikām: Here, Lord Krishna explains that all beings ultimately merge into His divine nature, Prakriti, at the end of a cosmic cycle. Prakriti refers to the material energy that comprises the universe and everything within it. This merging signifies the dissolution of individual identities into the universal consciousness.

4. Kalpa-kṣaye punas tāni: Lord Krishna further elucidates that when the cosmic cycle reaches its culmination, and the universe undergoes dissolution or pralaya, all beings are absorbed back into Him.

5. Kalpādau visṛjāmyaham: The verse concludes with Lord Krishna stating that at the commencement of a new cosmic cycle, He recreates these beings once again. This signifies the cyclical nature of existence, where creation, preservation, and dissolution continuously occur in an eternal cycle.

Overall, this verse emphasizes the transient nature of life and the eternal cycle of creation and dissolution governed by the divine will of Lord Krishna. It underscores the interconnectedness of all beings with the Supreme Being and the inevitability of the cyclical process of birth, death, and rebirth until one attains liberation or Moksha from the cycle of samsara. Thus, understanding and accepting this cyclical nature of existence can lead one towards spiritual realization and transcendence beyond the cycle of birth and death.