INTRUSION INC

Listed Company

INTZCIK 0000736012NasdaqNon-AcceleratedSmaller ReportingComputer Communications EquipmentDelawareFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$-9.06M

Total Assets

$10.39M

Equity

$7.28M

Shares Out

20.37M

Op. Cash Flow

$-6.76M

Business

INTRUSION INC provides cybersecurity solutions that leverage a proprietary threat intelligence database of historical IP address data for network forensics and protection. Its main products and services include the INTRUSION Shield family (Zero Trust, reputation-based SaaS and hardware solutions including on-premise, cloud, and endpoint offerings), INTRUSION TraceCop (a big data IP and DNS reputation and attribution repository), and INTRUSION Savant (a network monitoring and attack analysis tool). The company operates product and data mining business segments centered on Shield, TraceCop, and Savant. It sells through direct government contracts, channel partners, resellers, integrators, and export sales.

Summary from filing dated 2025-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	7	6	6	8	7
Cost of Revenue	2	1	1	3	4
Gross Profit	5	4	4	4	4
Sales and marketing	5	5	6	7	11
Research and development	5	4	6	6	6
General and administrative	4	4	5	7	6
Operating Loss	−9	−8	−12	−16	−20
Interest expense	−81,000	−328,000	−958,000	—	—
Interest accretion and amortization of debt issuance costs, net	0	990,000	−930,000	—	—
Other income (expense), net	186,000	−6,000	43,000	—	—
Loss Before Income Taxes	−9	−8	−14	−16	−19
Income Tax	0	0	0	0	0
Net Loss	−9	−8	−14	−16	−19
Basic (per share)	−0.46	−1.63	−11.46	−16.39	−1.05
Diluted (per share)	−0.46	−1.63	−11.46	−16.39	−1.05
Basic (shares)	20	5	1	990,000	18
Diluted (shares)	20	5	1	990,000	18

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	4	5	139,000	3	4
Accounts receivable, net of allowance of $0.1 million	131,000	169,000	364,000	530,000	1
Prepaid expenses and other assets	476,000	514,000	635,000	2	356,000
Total current assets	4	6	1	5	5
Equipment	3	3	2	3	3
Capitalized software development	6	4	3	—	—
Leasehold improvements	18,000	18,000	15,000	78,000	67,000
Property and equipment, gross	9	7	5	4	3
Accumulated depreciation and amortization	−4	−3	−2	−2	−2
Property and equipment, net	4	4	3	2	1
Finance leases, right-of-use (ROU) assets, net	222,000	491,000	382,000	1	2
Operating leases, ROU assets, net	1	1	2	504,000	808,000
Other assets	257,000	281,000	171,000	143,000	166,000
Total noncurrent assets	6	6	5	4	4
TOTAL ASSETS	10	12	6	9	9
Accounts payable, trade	492,000	2	2	1	718,000
Accrued expenses	357,000	291,000	222,000	446,000	534,000
Finance lease liabilities, current portion	167,000	405,000	384,000	667,000	644,000
Operating lease liabilities, current portion	266,000	209,000	178,000	294,000	935,000
Notes payable	0	529,000	11	10	0
Deferred revenue	503,000	730,000	439,000	455,000	560,000
Total current liabilities	2	4	14	13	3
Finance lease liabilities, noncurrent portion	6,000	172,000	3,000	10,000	673,000
Operating lease liabilities, noncurrent portion	1	1	2	231,000	1
Total noncurrent liabilities	1	2	2	241,000	2
Commitments and Contingencies (See Note 7)	—	—	—	—	—
Preferred stock, $0.01 par value: Authorized shares 5,000; Issued shares 0 in 2025 and 4 in 2024	—	4	0	0	0
Common stock, $0.01 par value: Authorized shares 80,000; Issued shares 20,117 in 2025 and 15,591 in 2024; Outstanding shares 20,116 in 2025 and 15,590 in 2024	201,000	156,000	18,000	11,000	191,000
Common stock held in treasury, at cost 1 share(s)	−362,000	−362,000	−362,000	−362,000	—
Additional paid-in capital	135	123	101	93	84
Stock subscription receivable	0	−2	0	—	—
Accumulated deficit	−127	−118	−110	−96	−80
Accumulated other comprehensive loss	−43,000	−43,000	−43,000	−43,000	−43,000
Total stockholders equity	7	6	−10	−4	4
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	10	12	6	9	9

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	2	2	2	1	780,000
Gain on disposal of fixed assets	0	8,000	0	—	—
Provision for credit losses	77,000	89,000	69,000	—	—
Stock-based compensation	1	343,000	972,000	1	1
Non-cash lease costs	293,000	472,000	—	—	—
Note 1 and 2 interest accretion up to the redemption common stock settlement amount and debt issuance costs	0	−990,000	—	—	—
Other non-cash interest	8,000	171,000	328,000	304,000	243,000
Accounts receivable	−39,000	106,000	97,000	504,000	172,000
Prepaid expenses and other assets	55,000	89,000	1	−2	7,000
Accounts payable and accrued expenses	−343,000	−461,000	411,000	206,000	218,000
Operating lease liabilities	−367,000	−269,000	−269,000	−1	−193,000
Deferred revenue	−227,000	291,000	−16,000	−105,000	383,000
Net cash used in operating activities	−7	−6	−8	−13	−17
Purchases of property and equipment	−777,000	−533,000	−157,000	−307,000	−1
Capitalized software development	−2	−1	−1	−1	0
Deposit on financed equipment	—	−81,000	0	—	—
Net cash used in investing activities	−3	−2	−1	−1	−1
Proceeds from notes payable	0	2	0	10	0
Principal payments of notes payable	0	−2	−400,000	−2	0
Reduction of finance lease liabilities	−386,000	−504,000	−290,000	−645,000	—
Proceeds from public stock offering, net of fees	−124,000	10	—	—	—
Proceeds from sale of common stock and warrants, net of fees	0	3	—	—	—
Proceeds from warrant inducements	0	847,000	—	—	—
Proceeds from sale of stock under the SEPA, net of fees	2	150,000	—	—	—
Proceeds from registered direct offering, net of fees	7	0	0	4	0
Proceeds related to the issuance of common stock under stock purchase plan	23,000	2,000	—	—	—
Net cash provided by financing activities	8	13	6	14	5
Net (decrease) increase in cash and cash equivalents	−1	5	−3	−1	−13
Cash paid for interest	6,000	21,000	229,000	35,000	20,000
Capitalized software and capitalized assets included in accounts payable	607,000	−300,000	—	—	—
Common stock issued to reduce notes payable	537,000	200,000	550,000	0	—
Assets modified / acquired under a ROU operating lease	204,000	47,000	—	—	—
Assets modified / acquired under a ROU finance lease	18,000	694,000	0	—	—
Preferred stock issued to reduce notes payable	0	9	0	—	—
Preferred return on preferred stock	2,000	781,000	—	—	—
Redemption of preferred stock to reduce note payable	0	100,000	—	—	—
Common stock used for minority investment in company	0	100,000	0	—	—
Common stock issued to settle accounts payable	0	360,000	0	—	—
Accounts payable on capitalized assets settled with vendor	0	116,000	0	—	—
Exchanges of preferred stock for common stock	4	7	0	—	—
Amortization of preferred stock exchange premium	304,000	624,000	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro