---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-000198"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T15:02:08.503879+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intrusion defers Streeterville note redemptions through March 31, adds 3.75% fee to balances

## Summary
- Amendment with Streeterville Capital defers all redemptions on two promissory notes from Jan 11 to March 31, 2023.
- Standstill fee of 3.75% of outstanding balance added to each note on Jan 11, increasing total debt.
- Outstanding balances after fee: Note #1 $4,302,732.47; Note #2 $5,760,583.58 (combined ~$10.06M).
- Standstill terminates early upon event of default under Notes or borrower breach of agreement.
- Notes originally issued March and June 2022 for $5.35M each, used for working capital.

## SEC filing metadata
- accession: 0001683168-23-000198
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316823000198/0001683168-23-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316823000198/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-000198
- JSON: https://secwatch.observer/filing/0001683168-23-000198.json
- Plain text: https://secwatch.observer/filing/0001683168-23-000198.txt

## Key facts
- Material Agreements
  INTRUSION INC amended Amendment with Streeterville Capital, LLC (effective 2023-01-11).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Streeterville Capital, LLC
  - Effective: 2023-01-11
  source text: On January 11, 2023, Intrusion Inc. (the “Company”) entered into an amendment (the “Amendment”) of certain promissory notes pursuant to the Securities Purchase Agreement dated March 10, 2022 (the Purchase Agreement”), between the Company and Streeterville Capital, LLC, a Utah limited liability company (the “Streeterville”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823000198/0001683168-23-000198-index.htm

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