Byrna Technologies (CSE: BYRN) (OTCQB: BYRN) on Tuesday announced that it finished the second quarter of 2020 (ending May 31) with record sales of approximately (US)$1,180,000 net of reserves. According to the update, this brought Byrna’s 2020 YTD sales to (US)$1,329,000 versus total sales of (US)$117,000 for the same period in 2019, representing an increase of more than 1,000%. As of May 31, 2020, the Company’s backlog stood at approximately (US)$193,000. “The biggest challenge we are currently facing is keeping up with rapidly growing demand. To ensure that we can satisfy the market, the Company is accelerating its plans to open a second manufacturing facility in Ft. Wayne, Indiana,” Byrna CEO Bryan Ganz stated in the news release. “We expect to have this facility on-line by late summer. In the meantime, we want to thank our loyal customers for their patience and continued support.”
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About Byrna Technologies Inc.
Byrna is an emerging non-lethal technology company, specializing in the development and manufacture of innovative less lethal equipment and munitions. For more information on the Company, please visit the corporate website here or the company’s investor relations site at www.Byrna.com. The Company is the manufacturer of the Byrna(R) HD personal security device, which looks to be the leading choice in the consumer and private security markets for non-lethal home protection, personal safety, and security.
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