---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-019678"
form_type: "8-K"
ticker: "BYRN"
cik: "0001354866"
company_name: "Byrna Technologies Inc."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T09:55:15.831285+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Byrna Q2 revenue flat at $11.5M, adjusted EBITDA positive $739K; ad bans cut traffic 55%

## Summary
- Net revenue $11.5M vs $11.6M YoY; gross margin 53.9%; net loss improved to $1.1M from $3.0M.
- Adjusted EBITDA turned positive at $739K vs negative $909K; cash $15.4M, no debt.
- Meta and Google banned Byrna advertising; daily web traffic fell from 26,000 to 12,000 sessions.
- Shipped 6,235 Byrna LE kits in Q2, clearing 5,800-unit backlog; launched new 12-gauge less-lethal round.
- Secured first law enforcement contract in Australia; signed three new Premier Dealers.

## SEC filing metadata
- accession: 0001437749-23-019678
- form_type: 8-K
- ticker: BYRN
- cik: 0001354866
- company_name: Byrna Technologies Inc.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1354866/000143774923019678/0001437749-23-019678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1354866/000143774923019678/byrn20230711_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-019678
- JSON: https://secwatch.observer/filing/0001437749-23-019678.json
- Plain text: https://secwatch.observer/filing/0001437749-23-019678.txt

## Key facts
- Earnings Releases
  Byrna Technologies Inc. reported fiscal second quarter ended May 31, 2023 results: revenue $11.5 million, net income $(1.1) million.
  - Period: fiscal second quarter ended May 31, 2023
  - Revenue: $11.5 million
  - Net income: $(1.1) million
  - Result: reported results
  source text: Results Results compare 2023 fiscal second quarter end (May 31, 2023) to 2022 fiscal second quarter end (May 31, 2022) unless otherwise indicated. Net revenue for Q2 2023 was $11.5 million compared to $11.6 million in the fiscal second quarter of 2022 (“Q2 2022”). The slight decrease in sales was primarily due to a $1.4 million decline in international orders which
  evidence_url: https://www.sec.gov/Archives/edgar/data/1354866/000143774923019678/0001437749-23-019678-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.