secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001683168-23-005744
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion Q2 revenue $1.5M, EPS $(0.15); files S-1 to raise up to $8.5M
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- Q2 revenue $1.5M, up 12% sequentially; net loss $(3.1M) or $(0.15) per share vs $(0.21) YoY.
- Gross margin improved to 79% (from 56% YoY); operating expenses reduced to $4.1M.
- Cash fell to $0.3M at June 30 from $3.0M at Dec 31, 2022.
- Filed preliminary S-1 for $8.5M common stock and warrants offering.
- Entered forbearance with Streeterville extending convertible note maturities 12 months to Sep/Dec 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316823005744/0001683168-23-005744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316823005744/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-005744

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer