---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005354"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:12:15.035171+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intrusion extends note maturities with Streeterville; grants security interest in all assets

## Summary
- Maturity of Note #1 extended to Sep 10, 2024; Note #2 to Dec 29, 2024 (12-month extension).
- Standstill: no cash payments for 180 days after a qualified public offering of at least $5M, if closed by Oct 1, 2023.
- If no qualifying offering by Oct 1, standstill lapses and $50k weekly ACH payments resume under the Notes.
- Intrusion granted Streeterville a first-priority security interest in substantially all assets including accounts, equipment, and IP.

## SEC filing metadata
- accession: 0001683168-23-005354
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316823005354/0001683168-23-005354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316823005354/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005354
- JSON: https://secwatch.observer/filing/0001683168-23-005354.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005354.txt

## Key facts
- Debt Financings
  INTRUSION INC amended loan with Streeterville Capital, LLC maturing September 10, 2024 (Note #1) and December 29, 2024 (Note #2).
  - Instrument: loan
  - Counterparty: Streeterville Capital, LLC
  - Maturity: September 10, 2024 (Note #1) and December 29, 2024 (Note #2)
  - Event: amendment
  source text: On August 2, 2023, the Company and Streeterville entered into a Forbearance and Standstill Agreement (the “Forbearance Agreement”) under which both parties agreed to extend the maturity date of each Note by 12 months. The maturity date of Note #1 is now September 10, 2024, and the maturity date of Note #2 is now December 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823005354/0001683168-23-005354-index.htm

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