---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-000050"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T04:22:43.220199+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intrusion Inc. secures $1.08M promissory note from CEO Anthony Scott

## Summary
- CEO Anthony Scott lends $1.0M to company via $1.08M promissory note with 7% interest.
- Weekly principal payments of $40,000 due; note matures June 15, 2024.
- Note secured by all accounts receivable; includes $80,000 original issue discount.
- Related-party transaction with CEO as investor.

## SEC filing metadata
- accession: 0001683168-24-000050
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316824000050/0001683168-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316824000050/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-000050
- JSON: https://secwatch.observer/filing/0001683168-24-000050.json
- Plain text: https://secwatch.observer/filing/0001683168-24-000050.txt

## Key facts
- Debt Financings
  INTRUSION INC incurred loan of $1,080,000 with Anthony Scott at 7.0% per annum, compounded daily maturing June 15, 2024.
  - Instrument: loan
  - Principal: $1,080,000
  - Counterparty: Anthony Scott
  - Rate: 7.0% per annum, compounded daily
  - Maturity: June 15, 2024
  - Event: incurrence
  source text: On January 2, 2024, Intrusion Inc. (the “Company”) entered into an invoice financing arrangement pursuant to a note purchase agreement with Anthony Scott, President and Chief Executive Officer of the Company (“Scott”), according to which, among other things, Scott purchased from the Company a promissory note (the “Note”) in the aggregate principal amount of $1,080,000 in exchange for $1.0 million to the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316824000050/0001683168-24-000050-index.htm

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