Byrn, Inc. Reports $3,700 Net Loss in Q3 2025, No Operational Revenue

Byrn, Inc. has reported its financial results for the third quarter of 2025, revealing a continued lack of operational revenue and a net loss of $3,700 for the three months ending September 30, 2025. This marks a significant reduction in losses compared to the same period in 2024, when the company reported a net loss of $21,796. For the nine months ending September 30, 2025, Byrn's net loss totaled $28,582, compared to $25,905 for the same period in the previous year. The company has not generated any revenue during this fiscal period, maintaining a consistent trend of no operational income.

In terms of financial position, Byrn's total liabilities increased to $85,168 as of September 30, 2025, up from $56,586 at the end of 2024. The increase is primarily attributed to related party payables, which rose from $43,234 to $82,635. The company continues to operate with a significant accumulated deficit of $117,550,693, reflecting ongoing financial challenges since its inception. Byrn's stockholders' deficit also widened, reaching $(85,168) as of the latest reporting date.

Strategically, Byrn is currently in a phase of exploring potential business opportunities, including the possibility of a reverse merger or acquisition of an operating entity. The management has indicated that they are actively seeking to identify viable business combinations within the U.S. market. However, as of the date of the report, there have been no discussions with any potential partners regarding such transactions. The company is also reliant on funding from David Lazar, who has extended interest-free loans to support operations.

Operationally, Byrn has not reported any significant changes in customer counts or user statistics, as it remains without active business operations. The company has not engaged in any product launches or geographic expansions, and its employee headcount remains limited due to its current status as a dormant entity. The management has acknowledged the challenges posed by the ongoing economic conditions, including the impacts of the coronavirus pandemic, which may affect their ability to identify and implement a viable business strategy.

Looking ahead, Byrn's management anticipates continued operating losses as they incur costs related to potential business combinations and compliance with SEC reporting requirements. The company recognizes the need for additional capital to fund its operations and is exploring various financing options, including private placements and short-term loans. However, the management has expressed uncertainty regarding the amount of capital required and the terms under which it may be available, highlighting the risks associated with their current financial situation and the potential for significant dilution of existing shareholders in any future financing efforts.