---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-002782"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2026-04-09T23:59:59+00:00"
generated_at: "2026-05-15T06:51:04.471004+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Intrusion Inc. issues $3.23M secured note to Streeterville Capital at 7% with OID

## Summary
- Net cash proceeds of $3M from $3.23M principal note, after $210K OID and $20K transaction expenses.
- Note bears 7% annual interest, matures in 24 months; monthly redemption up to $250K begins after 6 months.
- Monitoring fee after 90 days automatically increases outstanding balance by approx. 17.65%.
- Note secured by first-priority lien on all assets and intellectual property via Security and IP Security Agreements.
- Covenants include most-favored-nation clause, participation right, and restricted issuance terms without consent.

## SEC filing metadata
- accession: 0001683168-26-002782
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2026-04-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316826002782/0001683168-26-002782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316826002782/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-002782
- JSON: https://secwatch.observer/filing/0001683168-26-002782.json
- Plain text: https://secwatch.observer/filing/0001683168-26-002782.txt

## Source-grounded claims
- claim_id: 34ee97c1bc705af762c4dda24d97a307264346d4
  claim: INTRUSION INC entered into Note Purchase Agreement with Streeterville Capital, LLC valued at original principal amount of $3,230,000 (effective 2026-04-06).
  evidence_excerpt: On April 6, 2026, Intrusion Inc. (the “Company”) entered into a Note Purchase Agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (the “Investor”). Pursuant to the Purchase Agreement, the Company issued and sold to the Investor a Secured Promissory Note (the “Note”) in the original principal amount of $3,230,000 for cash proceeds of $3,000,000 (reflecting an original issue discount of $210,000 and $20,000 in transaction expenses).
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316826002782/0001683168-26-002782-index.htm

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