Byrn reported no revenue for the year ended December 31, 2025 and posted a net loss of $40,025, which produced a basic and diluted loss per share of $(0.00). The company remains dormant with no operations or sales; management is developing a plan to acquire operating businesses. Limited capital and an intended focus on a single transaction increase execution and concentration risk.
Financial Highlights
- Revenue: $0 — Company has no operations or revenue as of the report date.
- Gross Profit: $0 — No reported sales or cost of goods presented.
- Operating Income: $(40,025) — Loss from operations for 2025.
- Net Income: $(40,025) — Net loss for the year ended December 31, 2025.
- Net Income Per Share: $(0.00) — Basic and diluted loss per common share for 2025.
Business Highlights
- Business Status: Dormant — The company currently has no operations or revenue while management develops a business plan.
- Strategic Focus: Management intends to pursue U.S. opportunities including reverse mergers, asset purchases, or acquisitions to acquire operating business capabilities.
- Corporate Actions: Multiple actions completed during 2019–2024 (name changes, reverse split, custody changes) to reposition the company for a restart.
- Liquidity & Execution Risk: Management expects limited capital resources and anticipates likely pursuing a single business combination, increasing operational concentration and execution risk.
Original SEC Filing:
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