
Byrn, Inc.
78
No recent news or business developments have been reported for Byrn, Inc. The company remains a dormant shell with no disclosed active operations.
Byrn, Inc. was established in 2011 as a healthcare knowledge solutions company developing medical software to improve clinical outcomes and reduce costs. The company was dormant from 2013 to 2019, after which it underwent custodianship and ownership restructuring. It changed its name multiple times and attempted a share exchange that was later voided, resulting in dormancy from 2021 through mid-2023. Prior to dormancy, Byrn specialized in digital, data-led solutions for retail supply chains and online transactions. As of the latest filings, the company has no active business operations and is considered a dormant shell.
Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Byrn, Inc. is a Nevada-based company originally formed in 2011 focused on healthcare knowledge solutions but has been largely dormant since 2013. The company experienced multiple custodianship and ownership changes, including a controlling shareholder acquisition in 2020 and a voided share exchange in 2021. As of March 31, 2026, Byrn reported no cash, minimal current assets, significant current liabilities, and a net loss for the quarter. The company is currently a dormant shell with no active business operations disclosed.
The company has undergone significant restructuring and ownership changes, which could provide a foundation for future strategic initiatives. The appointment of new management in 2026 may indicate potential for reactivation or repositioning of the company. Historical focus on healthcare analytics and digital retail solutions suggests prior domain expertise that could be leveraged if operations resume.
Byrn, Inc. has been dormant for extended periods, with no recent revenue or cash reserves and significant current liabilities exceeding current assets. The voided share exchange and multiple custodianships indicate operational and financial instability. The lack of disclosed active business operations and ongoing net losses highlight substantial challenges to business viability.
Byrn, Inc. does not currently operate an active business and is classified as a dormant shell company. There is no disclosed competitive advantage or moat in the available filings. Historical operations focused on healthcare software and digital retail solutions, but no ongoing operations or proprietary assets are reported.
• Liquidity Risk: As of March 31, 2026, Byrn had no cash or cash equivalents and a current ratio of 0.06, indicating significant liquidity constraints to meet short-term obligations.
• Operational Dormancy: The company has been dormant for multiple extended periods, including from 2013 to 2019 and again from 2021 through mid-2023, with no disclosed active business operations.
• Ownership and Management Changes: Frequent changes in ownership and management, including custodianship and resignation of key officers, may impact strategic continuity and operational execution.
• Lack of Revenue and Profitability: The latest financials show a net loss and no reported revenue in recent periods, reflecting ongoing financial challenges.
Business trends: The company has experienced prolonged dormancy with no active business operations and multiple ownership restructurings.
Execution milestones: Recent management changes in 2026 may signal attempts to reposition or reactivate the company.
Key risks: Severe liquidity constraints, lack of revenue, operational dormancy, and frequent ownership changes pose significant challenges.
High visibility
Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).
- Byrn, Inc. is a Nevada corporation formed in April 2011 originally as Quture International, Inc.
- The company was created as an emerging healthcare knowledge solution company focused on medical software tools and analytics to improve clinical performance and outcomes.
- From March 2013 through December 2019, the company was dormant.
- In late 2019, Custodian Ventures, LLC was appointed custodian and David Lazar became sole director and officer.
- In 2020, the company issued preferred shares with super-voting rights convertible into common stock.
- A controlling shareholder acquired approximately 50.2% voting rights in 2020, and the original director/officer resigned.
- The company underwent a reverse stock split and name changes from Quture International, Inc. to Born, Inc., and later to Byrn, Inc. in July 2024.
- A share exchange agreement with Alkeon Creators, Inc. in February 2021 was voided, resulting in the company being a dormant shell from February 2021 through July 2023.
- Byrn was a holding company specializing in digital, data-led solutions for retail supply chains and online transactions before dormancy.
- As of March 31, 2026, the company had no cash or cash equivalents, current assets of $2,178, and current liabilities of $36,440, resulting in a current ratio of 0.06 and a cash ratio of 0.
- The company reported a net loss of $30,937 for the quarter ended March 31, 2026, with zero basic and diluted earnings per share.
- There are no pending legal proceedings involving the company or its affiliates.
- The company is classified as a smaller reporting company and is not required to disclose risk factors.
- Management changes occurred in April 2026 with David Lazar resigning and John Leo appointed as sole director and CEO, and Arthur Magee as CFO and Secretary.
Generated 2026-05-20
- S1 | 2026-04-02 | 10-K
- S2 | 2026-05-19 | 10-Q
This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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