secwatch / observer
8-K filed March 6, 2023, 6:59 PM ET ticker INTZ CIK 0000736012
earnings confidence high sentiment negative materiality 0.85

Intrusion Q4 revenue $1.4M (-12% YoY), net loss $5.2M; cash $3M, needs $15-20M in 2023

INTRUSION INC

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTRUSION INC reported the fourth quarter ended December 31, 2022 results: revenue $1.4 million, net income ($5.2) million, EPS ($0.25) per share.

Period
the fourth quarter ended December 31, 2022
Revenue
$1.4 million
Net income
($5.2) million
EPS
($0.25) per share
Result
reported results
Exact text from the filing
Revenue for the fourth quarter of 2022 was $1.4 million, a decrease of $0.7 million sequentially and $0.2 million compared with the fourth quarter of the prior year. The gross profit margin was 63% for the fourth quarter of 2022, compared to 50% in the fourth quarter of 2021. Operating expenses in the fourth quarter of 2022 were $5.4 million, an increase from $4.7 million in the comparable quarter of last year. The net loss for the fourth quarter of 2022 was ($5.2) million, or ($0.25) per share, compared to a loss of ($3.8) million, or ($0.20) per share for the fourth quarter of 2021.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTRUSION INC reported the full year ended December 31, 2022 results: revenue $7.5 million, net income ($16.2) million, EPS ($0.82) per share.

Period
the full year ended December 31, 2022
Revenue
$7.5 million
Net income
($16.2) million
EPS
($0.82) per share
Result
reported results
Exact text from the filing
Revenue was $7.5 million for the full year ended December 31, 2022, an increase of $0.3 million compared to 2021. The gross profit margin was 55% for the full year ended December 31, 2022, compared to 50% in 2021. Operating expenses were $20.5 million in the full year ended December 31, 2022, a decrease from $23.2 million in 2021. The net loss was ($16.2) million, or ($0.82) per share, for the full year ended December 31, 2022, compared to a loss of ($18.8) million, or ($1.05) per share in 2021.
View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

INTRUSION INC filing history →

Source: SEC EDGAR
accession 0001683168-23-001336
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.