---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-026725"
form_type: "8-K"
ticker: "BYRN"
cik: "0001354866"
company_name: "Byrna Technologies Inc."
filed_at: "2023-09-26T23:59:59+00:00"
generated_at: "2026-06-10T08:37:04.260344+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Byrna prelim Q3 rev $7.1M, down 43% YoY; gross margin drops to 45% on $650k inventory reserve

## Summary
- Preliminary Q3 revenue $7.1M vs $12.4M in prior-year period, a 43% decline attributed to advertising bans by Meta and Google.
- Gross margin estimated at 45% vs 55% YoY, impacted by a one-time $650K excess/obsolete inventory reserve.
- Company secured Google permission to advertise on YouTube and formed a partnership with Sean Hannity to boost web traffic.
- Full Q3 financial results and a conference call are expected to be announced in October 2023.

## SEC filing metadata
- accession: 0001437749-23-026725
- form_type: 8-K
- ticker: BYRN
- cik: 0001354866
- company_name: Byrna Technologies Inc.
- filed_at: 2023-09-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1354866/000143774923026725/0001437749-23-026725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1354866/000143774923026725/byrn20230925_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-026725
- JSON: https://secwatch.observer/filing/0001437749-23-026725.json
- Plain text: https://secwatch.observer/filing/0001437749-23-026725.txt

## Key facts
- Earnings Releases
  Byrna Technologies Inc. reported fiscal third quarter ended August 31, 2023 results: revenue $7.1 million.
  - Period: fiscal third quarter ended August 31, 2023
  - Revenue: $7.1 million
  - Result: preliminary results
  source text: the Company expects total revenue for the fiscal third quarter of 2023 to be $7.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1354866/000143774923026725/0001437749-23-026725-index.htm

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