---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003395"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:31:24.270737+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intrusion Q1 net loss narrows to $0.94/share; revenue down to $1.1M; raises $3.2M after quarter

## Summary
- Net loss improved to $1.7M ($0.94/share) from $4.7M ($4.49/share) in Q1 2023.
- Revenue $1.1M, down $0.2M YoY; gross margin improved to 80% from 76%.
- Cash $0.1M at March 31; private offering raised $2.6M net, warrant offering $0.6M; cash $2.4M as of May 10.
- Partnered for Philippines elections ($25M award, >$1M ARR for Shield in H2 2024).
- Regained compliance with Nasdaq minimum bid price and equity standards.

## SEC filing metadata
- accession: 0001683168-24-003395
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316824003395/0001683168-24-003395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316824003395/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003395
- JSON: https://secwatch.observer/filing/0001683168-24-003395.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003395.txt

## Key facts
- Earnings Releases
  INTRUSION INC reported the first quarter ended March 31, 2024 results: revenue $1.1 million, net income $(1.7) million, or $(0.94) per share, EPS $(0.94) per share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $1.1 million
  - Net income: $(1.7) million, or $(0.94) per share
  - EPS: $(0.94) per share
  - Result: reported results
  source text: Revenue for the first quarter of 2024 was $1.1 million, a decrease of $0.2 million on both a sequential and year-over-year basis.
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316824003395/0001683168-24-003395-index.htm

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