---
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"
generated_at: "2026-06-18T12:23:33.687652+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001336
- JSON: https://secwatch.observer/filing/0001683168-23-001336.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001336.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/0001683168-23-001336-index.htm
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823001336/0001683168-23-001336-index.htm

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