secwatch.observer — SEC 8-K summary
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Issuer:     Byrna Technologies Inc. (BYRN)
CIK:        0001354866
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001437749-23-028089
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Byrna Q3 revenue falls 43% to $7.1M; net loss widens to $4.1M
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- Net revenue $7.1M vs $12.4M YoY; net loss $(4.1)M vs $(1.5)M; Adj. EBITDA $(2.4)M vs $0.3M.
- Gross margin 45% vs 55%; includes $0.6M inventory write-down and reserve charges.
- Revenue hit by Meta/Google advertising bans and lower international sales to South Africa, Asia, Latin America.
- Operational: partnered with Sean Hannity driving 94% web traffic increase; launched Byrna LE on Amazon ($8,924/day).
- Sold 1,000 launchers to Cordoba Provincial Police and 500 to City of Buenos Aires; premier dealer count 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1354866/000143774923028089/0001437749-23-028089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1354866/000143774923028089/byrn20231011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028089

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