Byrn, Inc., formerly known as Quture International, Inc., reported no revenue for the fiscal year ending December 31, 2025, maintaining its status as a dormant shell company. The company recorded a net loss of $40,025, a decrease from the previous year's loss of $44,987. As of December 31, 2025, Byrn's total liabilities stood at $96,612, with an accumulated deficit of $117,562,137. The financial statements indicate that the company has not generated any operational cash flow and continues to rely on loans from related parties to meet its financial obligations.
The company has undergone significant changes since its last active period, including a name change and a shift in management. Byrn was placed under custodianship in July 2023, and its previous share exchange agreement with Alkeon Creators, Inc. was voided in February 2021. The company has not engaged in any business activities that provide revenue or cash flow, and its management is currently focused on exploring potential business opportunities, including the possibility of a reverse merger or acquisition of an operating entity.
Operationally, Byrn has not reported any customer counts or user statistics, as it remains inactive. The company has a total of 419,984,423 shares of common stock issued and outstanding, with 100 holders of record as of December 31, 2025. The lack of engagement metrics and product adoption rates reflects the company's dormant status, which has persisted since early 2021. The management's plan to identify viable business opportunities is hindered by the company's limited capital resources and the inherent risks associated with acquiring a financially unstable or early-stage entity.
Looking ahead, Byrn's management acknowledges substantial doubt about the company's ability to continue as a going concern, as indicated by the independent auditors' report. The company plans to raise additional funds through private placements and loans to finance its operations until it can establish a profitable business model. However, the management has not yet identified any specific business combinations or opportunities, and the timeline for potential operational activities remains uncertain. The company will need to navigate various risks and uncertainties as it seeks to implement a viable business strategy in the future.
About Byrn, Inc.
Byrn Inc. is a dormant shell company that previously focused on healthcare data solutions and digital retail supply chain innovations. It has a history of corporate restructuring, name changes, and attempted business operations, including a UK-based acquisition that was later voided. Currently, it seeks to identify and acquire viable U.S. business opportunities through reverse mergers or asset purchases, with no ongoing operations or revenue.
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