Byrna Technologies Inc. issued a press release on July 9, 2026, announcing its financial results for the second fiscal quarter ended May 31, 2026. The company operates in the security and safety technology industry, providing non-lethal defense products.

Byrna Technologies Inc. entered into an Asset Purchase Agreement on July 7, 2026, to acquire the assets of HERO Defense Systems, LLC for an aggregate purchase price of $1,250,000. The consideration consists of $625,000 in cash and $625,000 in restricted shares of common stock, plus a 3.5% royalty on net sales of specified products. A $125,000 cash portion will be held in escrow for 18 months to secure indemnification obligations. Byrna Technologies Inc. develops and sells less-lethal defense products.

Byrna Technologies Inc. entered into a separation agreement with former President Luan Pham, whose employment was terminated without cause on June 13, 2026. The agreement provides for a $380,000 cash severance (1.0 times annual base salary) payable in installments over twelve months, a $145,170 lump-sum pro-rata short-term incentive payment, and twelve months of COBRA premium reimbursements. Additionally, 20,810 restricted stock units granted in March 2026 were accelerated to full vesting as of the Separation Date. Byrna Technologies Inc. develops and manufactures non-lethal security and protection products.

CEO Conn Davis issued a stockholder letter detailing his first 100 days as CEO and outlining operating priorities for the rest of fiscal 2026. Key focus areas include customer conversion, retail productivity, brand repositioning, marketing transformation, and cash discipline. Byrna Technologies Inc. develops and manufactures non-lethal security and safety products.

On June 13, 2026, Luan Pham ceased serving as President of Byrna Technologies Inc. following a sales and marketing organization restructuring. His departure was without cause and not due to any disagreement with the company's operations or policies. CEO Conn Davis was appointed to additionally serve as President effective as of the separation date. Byrna Technologies Inc. develops and sells non-lethal defense technologies.