secwatch.observer — SEC 8-K summary
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Issuer:     Byrna Technologies Inc. (BYRN)
CIK:        0001354866
Form:       8-K
Filed at:   2026-07-09T12:10:32+00:00
Accession:  0001437749-26-023101
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Byrna Q2 revenue down 43% to $16.4M; net loss $10.1M; acquires HERO Defense
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- Net revenue $16.4M vs $28.5M YoY; net loss $(10.1)M vs income $2.4M.
- Adjusted gross margin 62% excluding $5.9M inventory write-down and $3.5M equipment impairment.
- Adjusted EBITDA $(0.6)M vs $4.3M YoY; cash and securities $10.4M (down from $15.5M).
- Entered binding agreement to purchase HERO Defense Systems; no deal value disclosed.
- CEO cites soft DTC and retail; reduced launcher lines and exited ammo manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1354866/000143774926023101/0001437749-26-023101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1354866/000143774926023101/byrn20260708_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-023101

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