{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-001221","form_type":"8-K","ticker":"INTZ","cik":"0000736012","company_name":"INTRUSION INC","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.939104+00:00","generated_at":"2026-06-18T19:22:20.349345+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Intrusion enters $1.4M note purchase agreement with Streeterville Capital, due March 31, 2023","bullets":["Streeterville purchased $1.4M promissory note for $1.3M net to Intrusion.","Weekly principal payments of $50,000 required until maturity on March 31, 2023.","No interest accrues on the note prior to maturity.","Security agreement grants Streeterville interest in employee retention credits under CARES Act.","Intrusion has previously issued similar notes to Streeterville (March 2022, Jan 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-001221","json":"https://secwatch.observer/filing/0001683168-23-001221.json","markdown":"https://secwatch.observer/filing/0001683168-23-001221.md","text":"https://secwatch.observer/filing/0001683168-23-001221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001221/0001683168-23-001221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001221/intrusion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T19:22:20.349345+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d7381e78817827e17a1bb8fed4fcc3c07ba55cc","claim":"INTRUSION INC incurred senior notes of $1.4 million with Streeterville Capital, LLC at No interest accrues maturing March 31, 2023.","evidence_excerpt":"On February 23, 2023, Intrusion Inc. (the “Company”) entered into a note purchase agreement with Streeterville Capital, LLC (“Streeterville”), pursuant to which, among other things, Streeterville purchased from the Company a promissory note (the “Note”) in the aggregate principal amount of $1.4 million plus certain reimbursed expenses in exchange for $1.3 million to the Company. Under the Note, the Company shall make principal payments to Streeterville in the amount $50,000 per week each week prior to its maturity on March 31, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001221/0001683168-23-001221-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1.4 million"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Rate","value":"No interest accrues"},{"label":"Maturity","value":"March 31, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fed323025a829825e53731fc1e2c5caa7518ee7d","claim":"INTRUSION INC entered into Note Purchase Agreement with Streeterville Capital, LLC valued at $1.4 million (effective 2023-02-23).","evidence_excerpt":"On February 23, 2023, Intrusion Inc. (the “Company”) entered into a note purchase agreement with Streeterville Capital, LLC (“Streeterville”), pursuant to which, among other things, Streeterville purchased from the Company a promissory note (the “Note”) in the aggregate principal amount of $1.4 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001221/0001683168-23-001221-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"$1.4 million"},{"label":"Effective","value":"2023-02-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}