Byrna Technologies Inc. Reports Net Loss of $3.3 Million for Q2 2023

Byrna Technologies Inc.(BYRND), a leading provider of non-leth al personal security devices, has released its financial results for the second quarter (Q2) and the first half of 2023. The company reported a net loss of $3.3 million for the six months ending May 31, 2023. During the same period, the company generated a total revenue of $19.9 million. Let's delve deeper into the company's financial performance and key highlights from the condensed consolidated financial statements.

Consolidated Balance Sheets

Current Assets

As of May 31, 2023, Byrna Technologies reported current assets totaling $38.2 million, down from $42.6 million on November 30, 2022. These current assets include: