{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-001336","form_type":"8-K","ticker":"INTZ","cik":"0000736012","company_name":"INTRUSION INC","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.939428+00:00","generated_at":"2026-06-18T12:23:33.687652+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Intrusion Q4 revenue $1.4M (-12% YoY), net loss $5.2M; cash $3M, needs $15-20M in 2023","bullets":["Q4 revenue $1.4M, down 12% YoY; net loss $5.2M ($0.25 per share) vs $3.8M loss in Q4 2021.","Full year 2022 revenue $7.5M (+3% YoY); net loss $16.2M ($0.82 per share) vs $18.8M loss in 2021.","Cash and equivalents $3.0M at Dec 31, 2022, down from $4.1M a year earlier.","Company estimates it needs $15-20M in 2023, with a portion required within 30 days; actively seeking financing.","Amended debt with Streeterville, waived principal redemptions through March 31; also entered $1.4M note purchase agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-001336","json":"https://secwatch.observer/filing/0001683168-23-001336.json","markdown":"https://secwatch.observer/filing/0001683168-23-001336.md","text":"https://secwatch.observer/filing/0001683168-23-001336.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/0001683168-23-001336-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/intrusion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T12:23:33.687652+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":"4e90ccbeecd660bef5e6cf5c049268b11d8a3102","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/0001683168-23-001336-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$1.4 million"},{"label":"Net income","value":"($5.2) million"},{"label":"EPS","value":"($0.25) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"512a99f42252d81e93fe2c8d37c1e2fbaf3328c9","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/0001683168-23-001336-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$7.5 million"},{"label":"Net income","value":"($16.2) million"},{"label":"EPS","value":"($0.82) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}