secwatch.observer — SEC 8-K summary
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Issuer:     Byrna Technologies Inc. (BYRN)
CIK:        0001354866
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001437749-23-019678
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1354866/000143774923019678/0001437749-23-019678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1354866/000143774923019678/byrn20230711_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-019678

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer