{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-002129","form_type":"8-K","ticker":"INTZ","cik":"0000736012","company_name":"INTRUSION INC","filed_at":"2024-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.873043+00:00","generated_at":"2026-06-04T02:02:16.688702+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Intrusion settles derivative suit, exchanges preferred, reprices warrants","bullets":["Court approved derivative lawsuit settlement on Apr 3; insurer pays $250K; governance changes for 3 years.","Exchanged 91 Series A Preferred shares for 32,248 common shares valued at $100,100 with Streeterville.","Board approved lowering exercise price of 1,212,593 Sep 2022 and 8,718,748 Nov 2023 warrants to $3.04.","New warrants at $2.91 exercise price with 5-year term offered to exercising holders during Apr 2-23 window.","Up to ~9.93M common shares issuable if all warrants exercised; potential cash inflow from exercises."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-002129","json":"https://secwatch.observer/filing/0001683168-24-002129.json","markdown":"https://secwatch.observer/filing/0001683168-24-002129.md","text":"https://secwatch.observer/filing/0001683168-24-002129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/736012/000168316824002129/0001683168-24-002129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/736012/000168316824002129/intrusion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:02:16.688702+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"408b3ee4e58bf73c62ee407b9e70519b8f0d081e","claim":"INTRUSION INC entered into Stipulation of Compromise and Settlement with Nathan Prawitt valued at $250,000 (effective 2024-04-03).","evidence_excerpt":"On April 3, 2024, the Settlement Agreement was approved by the Court and judgment was entered consistent with the Settlement Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316824002129/0001683168-24-002129-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Nathan Prawitt"},{"label":"Value","value":"$250,000"},{"label":"Effective","value":"2024-04-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}