secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001683168-22-007252
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion Q3 2022 revenue $2.2M (+21% YoY), net loss narrows to $2.9M
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- Revenue $2.2M, up 7% QoQ and 21% YoY; gross margin 54.6% vs 48.4% in Q3 2021.
- Net loss ($2.9M) or ($0.15)/share, improved from ($6.1M) or ($0.34)/share in prior year.
- Shield revenue +70% YoY; new Shield Cloud and Shield Endpoint products reached GA in Q3.
- Cash and equivalents $6.9M at Sept 30, 2022, up from $4.1M at Dec 31, 2021.
- Raised $4M via securities purchase agreement during Q3 to improve financial flexibility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316822007252/0001683168-22-007252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316822007252/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-007252

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer