---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-21-003081"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2021-07-23T23:59:59+00:00"
generated_at: "2026-06-30T03:05:03.724098+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Intrusion pre-announces Q2 rev $1.9-2.0M, CEO Jack Blount leaves; CFO & CTO assume operations

## Summary
- Preliminary Q2 2021 revenue expected $1.9M-$2.0M; full results to be released on Aug 12, 2021.
- CEO Jack Blount terminated effective July 19, 2021; separation terms not yet finalized.
- CFO Franklin Byrd and CTO/Co-founder Joe Head to lead operations until successor CEO named.
- Company engaged investment bank to evaluate funding sources and strategic options.
- Shield product sales ramp slower than expected due to longer enterprise evaluation cycles.

## SEC filing metadata
- accession: 0001683168-21-003081
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2021-07-23T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316821003081/0001683168-21-003081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316821003081/intrusion_i8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-21-003081
- JSON: https://secwatch.observer/filing/0001683168-21-003081.json
- Plain text: https://secwatch.observer/filing/0001683168-21-003081.txt

## Key facts
- Executive change
  Joe Head was appointed as other_named_officer at INTRUSION INC.
  - Action: appointed
  source text: the Board appointed the Company’s Chief Financial Officer, Franklin Byrd, and the Company’s Chief Technology Officer, Joe Head, to assume operating responsibilities together on behalf of the Company until such time as a successor chief executive officer is named.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316821003081/0001683168-21-003081-index.htm
- Executive change
  Jack B. Blount was terminated as President and Chief Executive Officer at INTRUSION INC.
  - Action: terminated
  - Role: President and Chief Executive Officer
  source text: On July 19, 2021, the Company’s Board of Directors (the “Board”) terminated the services of Jack B. Blount as the Company’s President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316821003081/0001683168-21-003081-index.htm
- Executive change
  Franklin Byrd was appointed as other_named_officer at INTRUSION INC.
  - Action: appointed
  source text: the Board appointed the Company’s Chief Financial Officer, Franklin Byrd, and the Company’s Chief Technology Officer, Joe Head, to assume operating responsibilities together on behalf of the Company until such time as a successor chief executive officer is named.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316821003081/0001683168-21-003081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.