secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001683168-24-007897
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion Q3 net loss narrows to $2.1M; Shield revenue up 49% sequentially; signs $2M DoD contract
--------------------------------------------------------------------------------

- Revenue $1.5M (+3% seq); Intrusion Shield revenue +49% seq; 7 new Shield logos in Q3 (18 YTD).
- Net loss $(2.1M) ($0.35/share) vs $(3.2M) ($2.78) YoY; operating loss improved 24% YoY.
- Awarded $2.0M U.S. DoD contract for Shield and consulting; zero Shield customer churn in Q3.
- Cash $1.1M at Sep 30, 2024; operating expenses $3.2M, down $0.6M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824007897/0001683168-24-007897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824007897/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-007897

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