Welcome to our dedicated page for Byrna Technologies SEC filings (Ticker: BYRN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. is the subject of an amended Schedule 13G filing by Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander. The reporting persons disclose beneficial ownership of 325,550 shares of Byrna common stock, representing 1.4% of the class. They report 0 shares with sole voting or dispositive power and 325,550 shares with shared voting and shared dispositive power. The group also affirms that it now holds 5 percent or less of Byrna’s outstanding common stock and includes a joint filing agreement among the reporting persons.
Byrna Technologies reported a weak fiscal Q2 2026, swinging to a loss as revenue and margins declined sharply. Net revenue fell to $16.4 million from $28.5 million, a 43% drop driven by softer e-commerce demand and slower dealer and retail reorders after heavy Q1 restocking.
GAAP gross profit fell to $1.8 million, or 10.9% margin, including a $5.9 million inventory write-down and $3.5 million equipment impairment, partially offset by a $1.1 million tariff refund. Excluding these items, adjusted gross profit was $10.1 million with a roughly 61.8% margin.
The company posted a net loss of $10.1 million versus $2.4 million profit a year earlier, reflecting $10.4 million in non-cash impairment and inventory charges tied to closing its Fort Wayne ammunition facility and product rationalization. Adjusted EBITDA was a slight loss of $0.6 million compared with $4.3 million profit in Q2 2025.
Cash, cash equivalents and marketable securities were $10.4 million as of May 31, 2026, down from $15.5 million at November 30, 2025, while inventory remained elevated at $30.4 million. Management is cutting production capacity, exiting in-house ammo manufacturing, and emphasizing programs like “try before you buy” and new marketing partnerships to revive demand. They now expect fiscal 2026 will not be a revenue-growth year, planning around the lower sales baseline while aiming for better performance in the second half.
Byrna Technologies reported a sharp downturn for the quarter ended May 31, 2026. Net revenue fell to $16.4M from $28.5M a year earlier, and the company swung to a quarterly net loss of $10.1M versus net income of $2.4M.
Results were heavily impacted by $5.9M of inventory write-downs, including $3.6M tied to ceasing ammunition production in Fort Wayne, and a separate $3.5M impairment of ammunition production equipment, all recorded in cost of goods sold. Operating expenses also reflected a $1.0M write-off of deposits for equipment and higher advertising spend.
For the first six months, net revenue declined to $45.4M from $54.7M, with a net loss of $9.3M versus prior-year income of $4.1M. Byrna ended the period with $9.4M in cash and cash equivalents, no borrowings outstanding, and a new $20.0M committed credit facility available. Subsequent events include a small asset acquisition of Hero Defense Systems, additional tariff refunds of about $2.3M, and the departure of the President with related equity and severance arrangements.
Byrna Technologies Inc. agreed to acquire substantially all assets of HERO Defense Systems, a maker of compact less-lethal self-defense products, under a definitive Asset Purchase Agreement. The purchase price is $1,250,000, split between $625,000 in cash and $625,000 in restricted common stock, plus an ongoing royalty and assumed liabilities.
The number of shares issued will be based on a 60-day volume-weighted average price and will not exceed 104,000 shares, with a six-month lock-up and issuance under private placement exemptions. Byrna will also pay a 3.5% royalty on net sales of specified HERO products, with a $250,000 minimum over five years and a cap of $5,000,000 or five years, whichever comes first. HERO’s founders will enter five-year non-compete and non-solicitation covenants and provide transition support. Closing is subject to customary conditions and is expected in about 30 days, but may be terminated if not completed by September 30, 2026.
Byrna Technologies Inc. filed an amended current report to describe a finalized separation agreement with former President Luan Pham. His employment previously ended without cause on June 13, 2026, and CEO Conn Davis also assumed the President role.
The Separation Agreement and General Release, signed on June 17, 2026, provides separation payments and benefits generally consistent with Mr. Pham’s offer letter and the company’s Executive Severance Plan. These benefits depend on his signing and not revoking the agreement, which includes a general release of claims and continued compliance with non‑competition, non‑solicitation, confidentiality, non‑disparagement, and related obligations.
Byrna Technologies Inc. furnished a stockholder letter from Chief Executive Officer Conn Davis, in which he shares observations from his first 100 days in the role and outlines operating priorities for the remainder of fiscal 2026.
The letter highlights initiatives to improve customer conversion and retail productivity, drive brand repositioning and marketing transformation, and strengthen operating cadence and cash discipline.
Byrna Technologies Inc. reported an internal restructuring of its sales and marketing organization, including the departure of President Luan Pham and a new leadership structure. Pham’s employment ended on June 13, 2026, without cause and not due to any disagreement over the company’s operations or policies.
The board appointed Chief Executive Officer Conn Davis to also serve as President, with no additional compensation. Byrna is separating sales and marketing into two senior roles it is actively recruiting for and has named HLK as its agency of record to lead brand repositioning and support retail expansion and consumer outreach.
Byrna Technologies Inc. filed Amendment No. 3 to a Schedule 13G/A reporting that Capital Research Global Investors does not beneficially own any shares of the issuer. The filing states CRGI is deemed the beneficial owner of 0 shares, representing 0.0% of the 22,671,283 shares believed to be outstanding.
The filing lists CRGI's organization and related investment management entities and provides voting and dispositive power as 0 for sole and shared categories. The form is signed by a CRMC official on 05/11/2026.
Byrna Technologies Inc. Chief Financial Officer Laurilee Kearnes acquired 2,313 shares of common stock on settlement of previously granted restricted stock units. Each unit converted into one share after vesting. Following this transaction, she directly holds 9,387 shares of common stock and 4,080 restricted stock units.
Byrna Technologies Inc. insider Bryan Ganz reported an open-market purchase of 1,500 shares of common stock at a volume-weighted average price of $6.56 per share on April 15, 2026. The shares were bought in multiple trades between $6.535 and $6.61.
Following this transaction, Ganz directly holds 382,673 common shares. The filing also lists additional indirect holdings through entities such as BSG Family Investment LLC, Northeast Industrial Partners LLC, the Judith L. Ganz Trust, and by his spouse Li Zhang, while he disclaims beneficial ownership of those indirect positions except to the extent of his pecuniary interest.