Highest-materiality recent filing
Intrusion acquires VigilAigent for up to $10.15M; adds $3.5M ARR, 1,000 customers
First closing: Intrusion acquires 60% of OW Cyber (VigilAigent) for $1.95M (cash, credit, stock); second closing for remaining 40% at $1.3M cash.
Intrusion Q1 revenue down 50% YoY to $0.9M; net loss $3.6M
Revenue $0.9M, down 50% YoY; net loss $3.6M ($0.18 loss per share).
Intrusion Inc. receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified Intrusion on May 7, 2026 that its common stock closing bid price was below $1.00 for 30 consecutive trading days ending May 6, 2026.
Intrusion Inc. issues $3.23M secured note to Streeterville Capital at 7% with OID
Net cash proceeds of $3M from $3.23M principal note, after $210K OID and $20K transaction expenses.
Intrusion Q4 revenue $1.5M down 12% YoY; full-year net loss $9.1M
Q4 2025 revenue $1.5M (-12% YoY); net loss $2.8M ($0.14/share).
Intrusion Q3 revenue $2.0M (+31% YoY); net loss $2.1M ($0.10/sh) flat YoY
Revenue $2.0M, up 31% YoY; sixth sequential quarter of revenue improvement.
Intrusion Q1 revenue $1.8M up 6% sequentially; net loss $0.11/sh; cash $10.7M
Q1 revenue $1.8M (+6% seq); gross margin 76% vs 80% YoY; opex flat at $3.4M.
Raised $14.5M through stock sales and eliminated $10.1M notional value of Series A Preferred Stock
Intrusion regains Nasdaq minimum bid price compliance; delisting risk removed
Received Nasdaq notice on Jan 29, 2025 that bid price was ≥$1.00 for 20 consecutive days through Jan 28.
Intrusion raises $14.5M, eliminates $10.1M Series A Preferred Stock
Received $0.3M from warrant inducement (369K warrants exercised) on Dec 27, 2024.
Intrusion raises $7.5M via 653K shares at $3.05 and 1.8M prefunded warrants
Aggregate gross proceeds of $7.5M from sale of 653,000 shares at $3.05/share and 1,806,016 prefunded warrants at $3.0499 each.
Intrusion swaps 8,867 Series A Preferred for 3.16M common shares; ATM raised $9.8M in 2024
Five exchange agreements with Streeterville Capital from Dec 30, 2024 to Jan 3, 2025; total fair value $9.75M.
Intrusion offers warrant inducement: exercise price lowered to $0.76, new 5-year warrants at $0.63
Board approved inducement letter from Nov 21 to Dec 19, 2024, for holders of 3,198,082 total warrant shares.
Exchange of 68 Series A Preferred for 110,340 common shares at fair value of $74,800; no cash consideration from investor.
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).
Intrusion receives Nasdaq bid price deficiency notice; 180 days to cure
Received Nasdaq notice on Oct 28, 2024 for non-compliance with $1.00 minimum bid price requirement.
Intrusion Inc. announces $2.0M contract with U.S. Department of Defense for cybersecurity services
Contract valued at $2.0 million with a 12-month performance period.
Intrusion enters $10M standby equity purchase agreement with Streeterville Capital
Up to $10M of common stock may be sold to Streeterville over 24 months at 95% of lowest VWAP over three trading days.
Intrusion amends Series A Preferred terms, removing SEC filing and listing covenants
Added accrual provisions for Preferred Return and Quarterly Dividend if cash insufficient and no shares remain.
Intrusion Q1 net loss narrows to $0.94/share; revenue down to $1.1M; raises $3.2M after quarter
Net loss improved to $1.7M ($0.94/share) from $4.7M ($4.49/share) in Q1 2023.
Intrusion regains Nasdaq compliance with bid price and equity rules; listing continues
On May 1, 2024, Nasdaq confirmed Intrusion regained compliance with Bid Price Rule (5550(a)(2)) and Equity Rule (5550(b)(1)).
Intrusion raises $2.6M in private placement to regain Nasdaq equity compliance
Sold 1,348,569 shares at $1.95 each, each with warrant to buy 2 shares at $1.70, raising $2.6M gross.
Intrusion settles derivative suit, exchanges preferred, reprices warrants
Court approved derivative lawsuit settlement on Apr 3; insurer pays $250K; governance changes for 3 years.
Intrusion Inc. Amends 8-K to Correct Compliance Deadline, Faces Nasdaq Delisting Risk
Amends 8-K to correct compliance deadline for Nasdaq hearing panel from April 23, 2023 to April 23, 2024.
Intrusion Inc. receives Nasdaq delisting notice; 1-for-20 reverse split fails to cure bid deficiency
Received Nasdaq notice on March 26, 2024 that it has not regained compliance with the minimum bid price of $1.00 per share.
Intrusion FY2023 revenue falls to $5.6M; cash drops to $0.1M; debt exchange, reverse split announced
Revenue for FY2023 was $5.6M, down $1.9M from 2022; Q4 revenue $1.4M, down 5% YoY.
Intrusion Inc. lowers warrant exercise price to $0.20/share after Nasdaq approval
Board approved inducement letter reducing exercise price of November 2023 warrants to $0.20 per share.
Intrusion announces 1-for-20 reverse split and $9.275M debt-to-preferred exchange
Reverse stock split at 1-for-20 ratio effective March 22; trading resumes March 25 under same ticker INTZ, new CUSIP 46121E 304.
Intrusion lowers warrant exercise price to $0.19, offers inducement to holders
Board approved Inducement Letter reducing exercise price of September 2022 Warrants from previous price to $0.19 per share.
Nasdaq grants Intrusion continued listing until April 23, 2024, subject to conditions
Panel requires creation of new preferred stock and conversion of $8.98M debt.
Intrusion faces Nasdaq delisting; proposes reverse split, CEO injects $1M; reports $5M deal
Telecom provider signed $5M multi-year Intrusion Shield deal; further revenue possible after initial projects.
Settlement of derivative action filed June 2022; court approval hearing set for April 3, 2024.
Intrusion Inc. secures $1.08M promissory note from CEO Anthony Scott
CEO Anthony Scott lends $1.0M to company via $1.08M promissory note with 7% interest.
On November 11 , 2023, James F. Gero, a director of Intrusion Inc. (the “Company), notified the Board of Directors (the “Board) of his decision to resign from the Board effective November 20, 2024.
filled a vacant Board seat by appointing Dion Hinchcliffe to serve as a member of the Board of Directors effective as of the close of business on July 1, 2024
On May 19, 2023, Intrusion Inc. (the “ Company ”) and its Chief Operating Officer, Christopher Duzich, mutually agreed to a separation of employment.
On May 19, 2023, Intrusion Inc. (the “ Company ”) and its Chief Strategy Officer, Ross Mandel, mutually agreed to a separation of employment.
On April 6, 2023, Jamie Schnur, a director of Intrusion Inc. (the “Company), notified the Board of Directors (the “Board) of his decision not to stand for reelection as a director nominee at the Company’s 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”).
On June 27, 2022, Intrusion, Inc. (the “ Company ”) engaged the services of Ms. Kimberly Pinson to serve as the Company’s Chief Financial Officer and its “principal financial officer” and its “principal accounting officer”
On May 16, 2022, Mr. B. Franklin Byrd submitted written notice to Intrusion Inc. of his resignation as Intrusion’s Chief Financial Officer effective as of May 30, 2022.
On March 28, 2021, Intrusion Inc. (the “Company”) formally engaged the services of Mr. Christopher Duzich as its Chief Operating Officer and Mr. Ross Mandel as its Chief Strategy Officer.
On March 28, 2021, Intrusion Inc. (the “Company”) formally engaged the services of Mr. Christopher Duzich as its Chief Operating Officer and Mr. Ross Mandel as its Chief Strategy Officer.
On January 21, 2022, the Board of Directors (the “ Board ”) of Intrusion Inc. (the “ Company ”) appointed Mr. Anthony Scott, the Company’s current President and Chief Executive Officer, to fill one of the vacant seats on the Board
Mr. LeVecchio, currently serving as the Company’s Board Chair, had been serving in the role of the Company’s principal executive officer under the title “Executive Chairman of the Board” in an interim capacity since August 4, 2021.
On November 11, 2021, the Board of Directors (the “ Board ”) of Intrusion Inc. (the “ Company ”), appointed Mr. Anthony Scott as the Company’s President and Chief Executive Officer, effectively replacing Mr. Tony LeVecchio as the Company’s “principal executive officer”
Max materiality 0.90 · Median 0.60 · Most common event other_material