Byrna Technologies Inc. filings document formal disclosures for a Nasdaq-listed less-lethal personal security company that develops, manufactures and sells launchers, projectiles and related defense tools. Recent Form 8-K reports furnish quarterly and annual operating results, preliminary revenue information and investor presentation materials under Regulation FD.
The filing record also covers governance and management matters, including chief executive succession, board leadership changes, officer appointments, director departures and related compensatory arrangements. These disclosures tie Byrna's public-company reporting to its commercial channels, product-development organization, capital-market communications and board oversight.
Byrna Technologies Inc. reported fiscal Q3 2026 net revenue of $15.3 million, compared with $28.2 million in Q3 2025, a decline of approximately 46%. It attributed the decrease primarily to lower e-commerce sales and slower dealer and chain-store reorders after substantial Q1 restocking and slower-than-expected sell-through. Q3 net loss was $2.9 million, versus net income of $2.2 million a year earlier; adjusted EBITDA was a loss of $1.4 million, compared with $4.1 million.
Gross profit was $12.2 million, including a one-time $2.3 million tariff refund. Adjusted gross profit was $9.9 million and adjusted gross margin was 64.5%, versus 60.1% in Q3 2025; management attributed the margin improvement to launcher manufacturing efficiencies and a shift to higher-margin products. Operating expenses rose 7% to $15.1 million. For the nine months ended August 31, 2026, net revenue was $60.7 million versus $82.9 million, and net loss was $12.2 million versus net income of $6.3 million. Cash, cash equivalents and marketable securities totaled $9.4 million, and inventory was $30.0 million, as of August 31, 2026. Management expects sequential improvement toward fiscal year-end and expects inventory normalization, more substantially during the upcoming holiday sales period.
Byrna Technologies Inc. (BYRN) reported third-quarter net revenue of $15.296 million for the three months ended August 31, 2026, compared with $28.179 million a year earlier, and a net loss of $2.911 million versus net income of $2.235 million. For the nine months, revenue was $60.733 million versus $82.874 million, and net loss was $12.198 million versus net income of $6.324 million. Cash used in operating activities was $3.470 million, compared with $11.503 million in the prior-year period; cash and cash equivalents were $8.418 million as of August 31, 2026.
The nine-month loss included approximately $10.5 million of noncash impairment and inventory charges, substantially related to ending in-house ammunition production and rationalizing launcher components; ammunition is now sourced from a third-party manufacturer. Byrna completed its acquisition of substantially all assets of Hero Defense Systems on August 6, 2026, for total acquisition-date consideration of $1.7 million, including contingent royalties. The royalty arrangement is 3.5% of net sales of specified existing and successor products, subject to a $0.25 million guaranteed minimum and a $5.0 million cap. Management concluded that no conditions or events, in aggregate, raise substantial doubt about the Company’s ability to continue as a going concern within one year after the financial statements are issued.
Byrna Technologies Inc. stockholders elected all eight director nominees at the September 25, 2026 annual meeting: Conn Davis, Leonard Elmore, Herbert Hughes, TJ Kennedy, Rose Lopez Keravuori, Matthew McBrady, Ph.D., Chris Lavern Reed and Adam Roth. They will serve until the 2027 annual meeting or until their successors are elected and qualified. A total of 17,091,057 shares were present or represented, approximately 73.0% of the 23,404,754 shares outstanding and entitled to vote as of August 18, 2026.
Stockholders ratified EisnerAmper LLP as the independent registered public accountants for the fiscal year ending November 30, 2026. They also approved, on a non-binding basis, the compensation of the named executive officers described in the company’s proxy statement.
Byrna Technologies Inc. (BYRN) disclosed that Matthew R. McBrady has become a reporting person as a director of the company through this initial statement of beneficial ownership on Form 3. The filing lists no equity transactions or derivative positions and references an Exhibit 24.1 Power of Attorney.
Byrna Technologies Inc. (BYRN) received Amendment No. 4 to a Schedule 13D from a group led by former CEO Bryan Scott Ganz, updating their beneficial ownership and board-related intentions. The Reporting Persons are deemed to have voting and dispositive power over 2,296,635 shares of common stock, representing 9.6% of the outstanding shares.
This stake includes common shares held directly by Mr. Ganz, options exercisable within 60 days, and shares held through Northeast Industrial Partners LLC, family trusts, his spouse, and BSG Family Investment LLC, subject to Mr. Ganz’s pecuniary-interest disclaimers. The amendment notes no new transactions since July 28, 2026 and explains that Mr. Ganz supports the Company’s proposed board slate for the upcoming shareholder meeting, including the addition of candidate Matt McBrady, whom he previously recommended.
Byrna Technologies Inc. (BYRN) announced that its Board of Directors increased its size from seven to eight members and appointed Matthew McBrady, Ph.D., age 55, as a director, effective August 29, 2026. He will receive compensation consistent with Byrna’s standard program for non‑employee directors.
McBrady is currently Chief Financial Officer of GoBrands, Inc., parent of GoPuff, and previously served nearly 15 years as a hedge fund and private equity investor, including senior roles at BlackRock, Silver Creek Capital Management, and Bain Capital. He served on the board of Axon Enterprise from 2001 to 2014 and from 2016 to 2026, helping guide it to a market capitalization exceeding $50 billion. Byrna characterizes the appointment as part of a planned board refreshment strategy begun more than a year ago and highlights his experience in finance, capital markets, and personal defense products.
Byrna Technologies Inc. (BYRN) is soliciting proxies for its 2026 virtual annual meeting on September 25, 2026, asking stockholders to elect eight directors, ratify EisnerAmper LLP as auditor for fiscal 2026, and approve a non-binding advisory vote on executive compensation. The Board highlights significant board and leadership refreshment, including a new CEO, Conn Davis, as of March 2026 and four new independent directors since 2024, which reduces average board tenure and age and concentrates relevant operating, financial, and less-lethal industry experience. Governance updates include separation of the Chair and CEO roles, formation of a new Enterprise Risk Management Committee, expanded insider trading controls, and a formal long-term succession process. The compensation program emphasizes pay-for-performance using formula-based short‑term incentives tied primarily to revenue and EBITDA and a redesigned long‑term incentive mix that is 50% performance‑based RSUs and 50% time‑based RSUs for most executives, with extensive shareholder outreach and prior say‑on‑pay results considered in design changes.
Byrna Technologies Inc. (BYRN) reports that it has furnished, under a current report on Form 8-K, an updated investor presentation dated August 25, 2026 as Exhibit 99.1 under Regulation FD Item 7.01. The company states this information is "furnished" and not "filed" and will not be incorporated into other securities law filings unless specifically referenced.
Keravuori Rose P. reported acquisition or exercise transactions in this Form 4 filing.
Byrna Technologies Inc. granted 561 Restricted Stock Units (RSUs) to director Rose P. Keravuori. Each RSU represents a contingent right to receive one share of Byrna common stock. The award reflects a pro rata portion of the equity component of director base compensation for the Issuer's 2025-26 annual meeting cycle.
The RSUs vest on the date of Byrna's 2026 annual meeting of stockholders, after which shares of common stock are deliverable if vesting conditions are satisfied. Following this grant, Keravuori holds 561 RSUs directly, and the grant was not reported as made under a Rule 10b5-1 trading plan.