Byrna investor deck shows Q2 revenue drops to $16.39 million from $28.51 million - BYRN News | RalliesByrna investor deck shows Q2 revenue drops to $16.39 million from $28.51 million
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BYRN• Balance sheet and product update
- Cash rose to $9.44 million at May 31, 2026 from $7.45 million at Feb. 28, 2026; debt remained $0.
- Presentation highlighted the HERO Defense Systems acquisition, adding the HERO 2020 launcher and AIIRO gel irritant device to the product lineup.
- Byrna outlined a consumer market opportunity of $250 billion, based on 250 million U.S. adults and $1,000 estimated customer lifetime value.
Q2 results decline year over year
- Quarter ended May 31, 2026 revenue fell to $16.39 million from $28.51 million.
- Net loss widened to $10.09 million.
- Gross profit dropped to $1.78 million from $17.56 million.
- Adjusted EBITDA turned negative at $0.61 million.
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