secwatch.observer — SEC 8-K summary
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Issuer:     Byrna Technologies Inc. (BYRN)
CIK:        0001354866
Form:       8-K
Filed at:   2026-10-08T12:10:10+00:00
Accession:  0001437749-26-032354
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Byrna Q3 FY2026 revenue falls 46% to $15.3M; net loss $2.9M, adjusted EBITDA -$1.4M
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- Revenue $15.3M vs $28.2M in Q3 2025, ~46% YoY decline on lower e-commerce sales and slower dealer/chain reorder activity after fiscal Q1 restocking.
- Gross profit $12.2M (79% margin) vs $16.9M (60%), including a one-time $2.3M tariff refund; adjusted gross margin ~65% excluding it.
- Net loss $(2.9)M vs net income $2.2M; adjusted EBITDA $(1.4)M vs $4.1M; operating expenses rose 7% to $15.1M on marketing and $1.7M one-time costs.
- Cash and marketable securities $9.4M at Aug 31, 2026 vs $9.0M a year earlier and $15.5M at Nov 30, 2025; inventory $30.0M vs $34.1M.
- Completed HERO Defense Systems acquisition; outsourced ammunition production lifted ammo gross margin ~1,200 bps; added Jim White and Nate Secor as SVPs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1354866/000143774926032354/0001437749-26-032354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1354866/000143774926032354/byrn20261007_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032354

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