secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001683168-24-000050
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824000050/0001683168-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824000050/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000050

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