Intrusion Q1 revenue down 50% YoY to $0.9M; net loss $3.6M

INTRUSION INC

Revenue $0.9M, down 50% YoY; net loss $3.6M ($0.18 loss per share).
Gross profit margin 74%, slightly down from prior year.
Operating expense $4.2M, up $0.8M YoY.
Secured $4M state government contract; $3M financing agreement in April.
CEO expects recovery from Department of War contract delays; aims for profitability by end of FY2026.

item 2.02item 9.01

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