<SEC-DOCUMENT>0001062993-20-003330.txt : 20200716
<SEC-HEADER>0001062993-20-003330.hdr.sgml : 20200716
<ACCEPTANCE-DATETIME>20200715181357
ACCESSION NUMBER:		0001062993-20-003330
CONFORMED SUBMISSION TYPE:	NT 10-Q
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200531
FILED AS OF DATE:		20200716
DATE AS OF CHANGE:		20200715
EFFECTIVENESS DATE:		20200716

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Byrna Technologies Inc.
		CENTRAL INDEX KEY:			0001354866
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				711050654
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		NT 10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-132456
		FILM NUMBER:		201030327

	BUSINESS ADDRESS:	
		STREET 1:		107 AUDUBON ROAD
		STREET 2:		BLDG 2, SUITE 201
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880
		BUSINESS PHONE:		978-868-5011

	MAIL ADDRESS:	
		STREET 1:		107 AUDUBON ROAD
		STREET 2:		BLDG 2, SUITE 201
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Security Devices International Inc.
		DATE OF NAME CHANGE:	20060301
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-Q
<SEQUENCE>1
<FILENAME>formnt10q.htm
<DESCRIPTION>FORM NT 10-Q
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    <title>BYRNA TECHNOLOGIES, INC.: Form 12b-25 - Filed by newsfilecorp.com</title>
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                <p style="text-align: center;"><font size="5"><b>UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION</b></font><br>Washington, D.C. 20549</p>
                <p style="text-align: center;"><b><font size="5">FORM 12b-25</font></b></p>
                <p style="text-align: center;"><b>NOTIFICATION OF LATE FILING</b></p>
                <p style="text-align: center;"><i>(Check one):</i></p>
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    <p style="text-align: center;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form 10-K&#160;&#160;&#160; [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form 20-F&#160;&#160;&#160; [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form 11-K<br>[ x ] Form 10-Q&#160;&#160;&#160; [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form 10-D&#160;&#160;&#160; [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form N-SAR&#160;&#160;&#160; [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] Form N-CSR</p>
    <p style="text-align: center;">For Period Ended: May 31, 2020</p>
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                    <td style="width: 25px;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>]</td>
                    <td>Transition Report on Form 10-K</td>
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                    <td style="width: 25px;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>]</td>
                    <td>Transition Report on Form 20-F</td>
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                    <td style="width: 25px;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>]</td>
                    <td>Transition Report on Form 11-K</td>
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                    <td style="width: 25px;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>]</td>
                    <td>Transition Report on Form 10-Q</td>
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                    <td style="width: 25px;">[<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>]</td>
                    <td>Transition Report on Form N-SAR</td>
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    <p style="text-align: center;">For the Transition Period Ended:</p>
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                <td style="text-align: center;"><font size="2">Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.</font></td>
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    <p style="text-align: center;">If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:</p>
    <p style="text-align: center;"><b>PART I &#8212; REGISTRANT INFORMATION</b></p>
    <p style="text-align: center;"><b><u><font size="5">BYRNA TECHNOLOGIES, INC.</font></u></b><br>Full Name of Registrant</p>
    <p style="text-align: center;"><b><u>N/A</u></b><br>Former Name if Applicable</p>
    <p style="text-align: center;"><b><u>115 Burtt Road Suite 115</u></b><br>Address of Principal Executive Office <i>(Street and Number)</i></p>
    <p style="text-align: center;"><b><u>Andover, Massachusetts 01810</u></b><br>City, State and Zip Code</p>
    <hr style="break-after: page; text-align: center;" width="100%" size="5" color="black" noshade="noshade">
    <p style="text-align: center;"><b>PART II &#8212; RULES 12b-25(b) AND (c)</b></p>
    <p style="text-align: justify;">If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)</p>
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            <td style="text-align: center; width: 5%; vertical-align: middle;" rowspan="5"><font size="6" face="WINGDINGS">x</font></td>
            <td style="width: 5%; vertical-align: top;">(a)</td>
            <td style="vertical-align: top;">The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense</td>
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            <td style="width: 5%; vertical-align: top;">(b)</td>
            <td style="text-align: justify; vertical-align: top;">The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and</td>
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            <td style="width: 5%; vertical-align: top;">(c)</td>
            <td style="vertical-align: top;">The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</td>
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    <br>
    <p style="text-align: center;"><b>PART III &#8212; NARRATIVE</b></p>
    <p style="text-align: justify;">State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.</p>
    <p style="margin-left: 10%; margin-right: 10%; text-align: justify;"><b>The Registrant is unable to file its Form 10-Q for the three month period ended May 31, 2020 within the prescribed time period without unreasonable effort or expense because the Company has not completed the production of its financial statements and 10-Q as a result of (i) delays resulting from the COVID-19 pandemic and (ii) additional delays resulting from the transition in this quarter to a new independent registered accounting firm from the Company's previous independent registered accounting firm. The Registrant anticipates that it will file its Form 10-Q within the five-day grace period provided by Exchange Act Rule 12b-25.</b></p>
    <p style="text-align: center;"><b>PART IV &#8212; OTHER INFORMATION</b></p>
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            <td style="width: 5%; vertical-align: top;">(1)</td>
            <td>Name and telephone number of person to contact in regard to this notification</td>
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            <td>&#160;</td>
            <td style="text-align: center;"><b><u>Bryan Ganz</u></b></td>
            <td style="text-align: center;"><b><u>978</u></b></td>
            <td style="text-align: center;"><b><u>868-5011</u></b></td>
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            <td style="width: 5%;">&#160;</td>
            <td style="text-align: center; width: 30%;">(Name)</td>
            <td style="text-align: center;">(Area Code)</td>
            <td style="text-align: center; width: 30%;">(Telephone Number)</td>
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            <td style="width: 5%; vertical-align: top;">(2)</td>
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                <p>Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed ? If answer is no, identify report(s).</p>
                [ x ] Yes [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] No
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            <td style="vertical-align: top;">(3)</td>
            <td style="text-align: justify;">
                <p>Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof ?</p>
                [ x ] Yes [<font style="font-size: 1px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>] No
                <p>If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.</p>
                <p><b>There will be significant changes as a result of sales of our Byrna HD which first began in the prior year period including reported net revenue of approximately $1.2 million v. approximately $105,000 for the prior year period, gross profit of approximately $515,000 v. approximately $30,000 for the prior year period, and a loss extinguishment of debt of approximately $6 million booked because the Company exchanged all of its outstanding convertible debt for shares of preferred stock during the quarter ended May 31, 2020.</b></p>
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    <p style="text-align: center;"><b><u>BYRNA TECHNOLOGIES, INC.</u></b><br>(Name of Registrant as Specified in Charter)</p>
    <p style="text-align: center;">has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.</p>
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            <td style="width: 50%;">Date: July 15, 2020</td>
            <td style="width: 5%;">By:</td>
            <td style="border-bottom-width: 1px; border-bottom-style: solid;"><i>/s/ Bryan Ganz</i></td>
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            <td style="width: 50%;">&#160;</td>
            <td style="width: 5%;">&#160;</td>
            <td>Bryan Ganz</td>
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            <td>&#160;</td>
            <td>Title:</td>
            <td>Chief Executive Officer</td>
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