secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001683168-25-002933
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion Q1 revenue $1.8M up 6% sequentially; net loss $0.11/sh; cash $10.7M
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- Q1 revenue $1.8M (+6% seq); gross margin 76% vs 80% YoY; opex flat at $3.4M.
- Net loss $2.1M ($0.11/sh) vs $1.7M ($0.94/sh) in Q1 2024; prior year had $0.8M interest credit.
- Cash $10.7M at March 31; raised $14.5M, retired $10.1M Series A Preferred, eliminated all debt.
- CEO cites sufficient cash to fund ops into 2026; no need for additional capital in 2025; govt contracts unaffected by policy changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316825002933/0001683168-25-002933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316825002933/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-002933

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