Byrna Technologies Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 12 - Property and Equipment

Note 12 - Property and Equipment

3 Months Ended

Feb. 28, 2026

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

12.

PROPERTY AND EQUIPMENT

The following table summarizes cost and accumulated depreciation (in thousands):

	*February 28,*		*November 30,*
	*2026*		*2025*
Computer equipment and software	$	886	$	886
Furniture and fixtures		820		820
Leasehold improvements		1,951		1,931
Machinery and equipment		8,551		8,307
		12,208		11,944
Less: accumulated depreciation and amortization		4,789		4,218
Total	$	7,419	$	7,726

The Company recognized $0.6 million and $0.4 million in depreciation expense during the three months ended February 28, 2026 and 2025, respectively. Depreciation expense is presented in the operating expenses and within cost of goods sold in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Income.

At February 28, 2026 and November 30, 2025, the Company had deposits of $1.9 million and $1.5 million, respectively, with vendors primarily for supply of machinery (molds) and equipment where the vendors have not completed the supply of these assets and is presented as Deposits for equipment in the Condensed Consolidated Balance Sheets.