US Market News
16時間前
Intrusion Inc. Announces Acquisition of VigilAigent to Create an AI-Native Cybersecurity PlatformJune 29, 2026 8:10 PM
ACCESS NewswireAcquisition improves Company's top line by adding approximately $3.5 million in annual recurring revenue from multi-year contractsIntegrates an established commercial network of reseller partners and customersCompany to host special call to discuss the acquisition at 10:00 a.m. ET on June 30, 2026PLANO, TX / ACCESS Newswire / June 29, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, today announced it has completed the acquisition of VigilAigent, a cybersecurity managed security service provider (MSSP), from Tego Cyber Inc. The acquisition will accelerate Intrusion's growth strategy by adding approximately $3.5 million in annual recurring revenue (ARR)from a diversified base of multi-year customer contracts, an established reseller network of more than 80 partners, and an installed base of approximately 1,000 customers - extending Intrusion's commercial reach from day one.VigilAigent's proprietary Agentic AI engine, The Oracle, is now being integrated with Intrusion's TraceCop database, uniting two highly complementary assets built on years of research and development by both organizations. The Oracle already sees and learns from 1 billion events each day; paired with TraceCop's historical intelligence on more than 8.5 billion IP addresses, it accelerates threat detection, deepens visibility, and delivers more actionable protection. Together, the combined platform creates a stronger commercial offering than either company could deliver alone and unlocks new revenue streams and immediate cross-selling opportunities across both Intrusion and VigilAigent's partner and customer network.Bobby Mikkelsen, Chief Executive Aigent, and Mark Porter, Chief Revenue Officer of VigilAigent, have joined Intrusion's senior management team."The acquisition of VigilAigent is a significant step forward for Intrusion and a natural evolution of our growth strategy," said Tony Scott, CEO of Intrusion Inc. "AI is reshaping the cybersecurity space as its increased adoption has significantly reduced the cost, technical expertise and time required to develop and execute highly sophisticated and scalable attacks. More than ever, customers need cybersecurity solutions that can get ahead of these threats, and the combination of VigilAigent's Agentic AI capabilities and our TraceCop intelligence gives us exactly that. By meaningfully scaling our commercial business, this platform strengthens our customer-expansion efforts and our top-line growth from day one as VigilAigent brings roughly $3.5 million ARR and an established base of partners and customers. We look forward to working closely with the VigilAigent team as we continue to make great strides toward creating sustainable growth and long-term profitability.""Intrusion is a natural home for what we have built at VigilAigent," added Mark Porter, CRO of VigilAigent. "Bringing our Agentic AI engine, The Oracle, together with Intrusion's TraceCop creates a platform for customers that will deliver more actionable protection and help them navigate the growing AI-driven threat environment. We look forward to joining the team and helping drive future financial growth."Conference CallIntrusion will discuss the acquisition during a webcast at 10:00 a.m. Eastern Time on Tuesday, June 30, 2026.Interested investors can access the live call by dialing 1-888-506-0062, or 1-973-528-0011 for international callers, and providing the following access code: 845540. The call will also be webcast live (LINK). For those unable to participate in the live conference call, a replay will be accessible until July 14, 2026, by dialing 1-877-481-4010, or 1-919-882-2331 for international callers, and entering the following access code: 54207. Additionally, a live and archived audio webcast of the conference call will be available at www.intrusion.com.About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.About VigilAigentVigilAigent is redefining managed security with Ai-powered Virtual Aigents™ that combine human vigilance with the speed and accuracy of Agentic Ai to create a "security fabric" to modernize cyber defense.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact:
Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comSOURCE: Intrusion, Inc.View the original press release on ACCESS NewswireOriginal: Intrusion Inc. Announces Acquisition of VigilAigent to Create an AI-Native Cybersecurity Platform
US Market News
2月前
Intrusion Inc. Reports First Quarter 2026 ResultsMay 14, 2026 4:05 PM
ACCESS NewswireContinued adoption of Shield technology supports the Company's expected transition to profitability in fiscal 2026PLANO, TX / ACCESS Newswire / May 14, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, announced today financial results for the first quarter ended March 31, 2026.Recent Financial & Business Highlights:Secured a $4 million contract to deliver our cyber threat intelligence and critical infrastructure protection technology to a state government agency.Entered into a $3 million secured financing agreement to strengthen liquidity position and support near-term operating priorities.Launched the P.O.S.S.E (Protecting Our Sheriff's Security Everywhere) Program in February through a partnership with PortNexus that utilizes Shield On-Premise to help protect law enforcement from cyber threats."Our first quarter results primarily reflect the timing impact of the previously disclosed contract extension delay related to our critical infrastructure technology with the Department of War that was driven by federal funding and procurement delays," said Tony Scott, CEO of Intrusion. "We expect to recover this revenue in future periods as federal funding resumes and procurement activity returns to more typical levels. Furthermore, we continue to remain confident that we will see further expansion of our critical infrastructure solution both domestically and internationally with the Department of War throughout 2026 and beyond."Mr. Scott concluded, "As we look ahead to the remainder of fiscal year 2026, we are optimistic that we will see an improvement in our financial results. This is supported by strengthening sales momentum, including broader adoption of the P.O.S.S.E Program through our partnership with PortNexus, and the recent award of a $4 million contract to provide our cyber threat intelligence and critical infrastructure protection solutions to a state government agency. These developments give us great confidence that Intrusion remains on track to achieve profitability by the end of the fiscal year and deliver value for our shareholders."First Quarter Financial ResultsRevenue for the first quarter of 2026 was approximately $0.9 million, representing a decrease of 50% on a year-over-year basis. Performance continued to be impacted by delays in the award of a key U.S. government contract. The Company remains optimistic that a meaningful portion of the associated revenue will be realized in future periods subject to final award timing and funding approvals.The gross profit margin was 74% for the first quarter of 2026, down slightly from the prior year period. Gross margin varies based on product mix.Operating expense for the first quarter of 2026 was $4.2 million, up $0.8 million compared to the first quarter of 2025.Net loss for the first quarter of 2026 was $3.6 million, or $(0.18) per share, which is down $1.5 million when compared to prior year performance.As of March 31, 2026, cash and cash equivalents were $1.4 million. In early April, the Company entered into a $3 million secured financing agreement, strengthening its liquidity position and supporting near-term operating priorities. The facility provides additional financial flexibility to execute on strategic initiatives.Conference CallIntrusion's management will host a conference call today at 5:00 P.M. EDT. Interested investors can access the live call by dialing 1-888-506-0062, or 1-973-528-0011 for international callers, and providing the following access code: 624002. The call will also be webcast live (LINK) For those unable to participate in the live conference call, a replay will be accessible beginning tonight at 7:00 P.M. EDT until May 28, 2026, by dialing 1-877-481-4010, or 1-919-882-2331 for international callers, and entering the following access code: 53875. Additionally, a live and archived audio webcast of the conference call will be available at www.intrusion.com.About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact:
Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comINTRUSION INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value amounts) March 31, 2026 December 31, 2025 (unaudited) ASSETS Current Assets: Cash and cash equivalents $1,366 $3,624 Accounts receivable, net of allowance of $0.1 million 37 131 Prepaid expenses and other assets 602 476 Total current assets 2,005 4,231 Noncurrent Assets: Property and equipment: Equipment 2,971 2,917 Capitalized software development 5,861 5.663 Leasehold improvements 18 18 Property and equipment, gross 8,850 8,598 Accumulated depreciation and amortization (4,687) (4,313)Property and equipment, net 4,163 4,285 Finance leases, right-of-use ("ROU") assets, net 193 222 Operating leases, ROU assets, net 1,320 1,392 Other assets 256 257 Total noncurrent assets 5,932 6,156 TOTAL ASSETS $7,937 $10,387 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable, trade $1,049 $492 Accrued expenses 519 357 Finance lease liabilities, current portion 127 167 Operating lease liabilities, current portion 146 266 Deferred revenue 1,044 503 Total current liabilities 2,885 1,785 Noncurrent Liabilities: Finance lease liabilities, noncurrent portion 5 6 Operating lease liabilities, noncurrent portion 1,348 1,319 Total noncurrent liabilities 1,353 1,325 Commitments and Contingencies Stockholders' Equity: Preferred stock, $0.01 par value: Authorized shares - 5,000; Issued shares - 0 in 2026 and 2025 - - Common stock, $0.01 par value: Authorized shares - 80,000; Issued shares - 20,370 in 2026 and 20,117 in 2025; Outstanding shares - 20,369 in 2026 and 20,116 in 2025 204 201 Common stock held in treasury, at cost - 1 share(s) (362) (362)Additional paid-in capital 134,529 134,547 Accumulated deficit (130,629) (127,066)Accumulated other comprehensive loss (43) (43)Total stockholders' equity 3,699 7,277 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $7,937 $10,387 INTRUSION INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts) Three Months EndedMarch 31, 2026 2025 Revenue $888 $1,775 Cost of revenue 229 432 Gross profit 659 1,343 Operating expenses: Sales and marketing 1,631 1,184 Research and development 1,451 1,218 General and administrative 1,149 1,034 Operating loss (3,572) (2,093) Interest expense (11) (29)Other income (expense), net 20 24 Net loss $(3,563) $(2,098) Net loss per share: Basic $(0.18) $(0.11)Diluted $(0.18) $(0.11) Weighted average common shares outstanding: Basic 20,274 19,216 Diluted 20,274 19,216 SOURCE: Intrusion Inc.View the original press release on ACCESS NewswireOriginal: Intrusion Inc. Reports First Quarter 2026 Results
US Market News
2月前
Intrusion Inc. to Announce First Quarter 2026 Financial Results on Thursday, May 14, 2026May 8, 2026 8:00 AM
ACCESS NewswirePLANO, TX / ACCESS Newswire / May 8, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, will release its first quarter 2026 financial results on Thursday, May 14, 2026, after market close. In conjunction with the report, Tony Scott, CEO, and Kimberly Pinson, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company's financial results.Analysts and investors who would like to join the live call via teleconference are invited to dial in using the following information:Date: Thursday, May 14, 2026
Time: 5:00 p.m. ET
United States (Toll-Free): +1-888-506-0062
International: +1-973-528-0011Access Code: 642002Webcast Registration: LinkA telephone replay of the conference call will be available after the conference call through May 28, 2026. The replay can be accessed by dialing +1-877-481-4010 and using the passcode 53875. International callers should dial +1-919-882-2331 and enter the same passcode at the prompt.About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact
Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comSOURCE: Intrusion Inc.View the original press release on ACCESS NewswireOriginal: Intrusion Inc. to Announce First Quarter 2026 Financial Results on Thursday, May 14, 2026
US Market News
3月前
Intrusion Inc. Reports Fourth Quarter and Full Year 2025 ResultsMarch 24, 2026 4:05 PM
ACCESS NewswireIntrusion Shield expansion efforts and strategic enhancements to the sales process strengthen the Company's path toward sustainable growth and long-term profitabilityPLANO, TX / ACCESS Newswire / March 24, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, announced today financial results for the fourth quarter and full year ended December 31, 2025.Recent Financial & Business Highlights:Released Intrusion Shield Cloud on Microsoft Azure, further expanding the access of Shield to new customers.Launched the P.O.S.S.E (Protecting Our Sheriff's Security Everywhere) Program through a partnership with PortNexus that utilizes Shield On-Premise to help protect law enforcement from cyber threats.Strengthened U.S. business development efforts across the government sector and channel partners with strategic leadership additions.Expanded the Shield ecosystem with the launch of Shield Stratus that blocks known threats immediately without the complexity or re-architecture required by traditional firewalls."While we made meaningful progress in 2025 to improve our business, our fourth quarter results were impacted by the delay of an expected contract extension for our critical infrastructure technology due to timing variability in federal funding and procurement processes," said Tony Scott, CEO of Intrusion. "While we are disappointed by this delay, we do anticipate that we will recover this revenue during the first half of 2026 as funding visibility improves and procurement activity normalizes. We continue to remain confident in our work with the U.S. Department of War, as we support the broader national mission to secure critical physical and digital infrastructure from evolving hostile cyber threats."Mr. Scott continued, "Our Shield solutions have also continued to see further adoption by emergency services as a result of our partnership with PortNexus, which is highlighted by the recent launch of the P.O.S.S.E Program that provides sheriff departments with the threat intelligence they need to ensure that local public safety infrastructure is protected. We anticipate that we will see additional traction of this program over the coming quarters and will help further support our financial growth goals."Mr. Scott concluded, "On the business development front, we continued to take strategic steps to strengthen our sales efforts, including the hiring of two senior sales leaders and expanding the market access of our Shield solutions by making the products available on both the AWS Marketplace and Microsoft Azure. It is our belief that these efforts will help improve our revenue performance in 2026. We are encouraged by what we have accomplished, and we remain focused on delivering continued growth that will help transition Intrusion to profitability and create value for our stakeholders."Fourth Quarter Financial ResultsRevenue for the fourth quarter of 2025 was approximately $1.5 million, representing a decrease of 12% on a year-over-year basis. This decrease in revenue was driven by the delayed timing of a meaningful U.S. government contract award. Procurement timing constraints during the quarter limited agencies' ability to initiate new contract actions, impacting the timing of revenue recognition. The Company anticipates that a substantial portion of the delayed revenue associated with this contract will be recognized in future periods, subject to the timing of contract award and funding approvals.The gross profit margin was 74% for the fourth quarter of 2025, down slightly from the prior year period. Gross margin varies based on product mix.Operating expense for the fourth quarter of 2025 was $4.0 million, up $0.8 million compared to the fourth quarter of 2024.Net loss for the fourth quarter of 2025 was $2.8 million, or $(0.14) per share, which is down $0.9 million when compared to prior year performance.Full Year Financial ResultsRevenue for the full year ended December 31, 2025, was $7.1 million, an increase of $1.3 million or 23% compared to 2024.The gross profit margin was 76% for the full year ended December 31, 2025, compared to 77% in 2024.Operating expenses for the full year ended December 31, 2025, were $14.5 million, an increase of $1.7 million from 2024.The net loss for the full year ended December 31, 2025, was ($9.1) million, or $(0.46) per share, compared to a loss of ($7.8) million, or $(1.63) per share, in 2024.As of December 31, 2025, cash and cash equivalents were $3.6 million. To help improve the Company's cash position, Intrusion is currently in the process of seeking a small debt financing. The debt financing will help further support the Company's growth initiatives. Intrusion will provide additional updates on the debt financing during the first quarter 2026 earnings call.Conference CallIntrusion's management will host a conference call today at 5:00 P.M. EDT. Interested investors can access the live call by dialing 1-877-545-0523, or 1-973-528-0016 for international callers, and providing the following access code: 121132. The call will also be webcast live (LINK) For those unable to participate in the live conference call, a replay will be accessible beginning tonight at 7:00 P.M. EDT until April 7, 2026, by dialing 1-877-481-4010, or 1-919-882-2331 for international callers, and entering the following access code: 53469. Additionally, a live and archived audio webcast of the conference call will be available at www.intrusion.com.About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact:
Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comINTRUSION INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except par value amounts) December 31, 2025 2024 (unaudited) ASSETS Current Assets: Cash and cash equivalents $3,624 $4,851 Accounts receivable, net of allowance of $0.1 million 131 169 Prepaid expenses and other assets 476 514 Total current assets 4,231 5,534 Noncurrent Assets: Property and equipment: Equipment 2,917 2,690 Capitalized software development 5.663 3,948 Leasehold improvements 18 18 Property and equipment, gross 8,598 6,656 Accumulated depreciation and amortization (4,313) (2,809)Property and equipment, net 4,285 3,847 Finance leases, right-of-use assets, net 222 491 Operating leases, right-of-use assets, net 1,392 1,356 Other assets 257 281 Total noncurrent assets 6,156 5,975 TOTAL ASSETS $10,387 $11,509 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable, trade $492 $1,508 Accrued expenses 357 291 Finance lease liabilities, current portion 167 405 Operating lease liabilities, current portion 266 209 Notes payable - 529 Deferred revenue 503 730 Total current liabilities 1,785 3,672 Noncurrent Liabilities: Finance lease liabilities, noncurrent portion 6 172 Operating lease liabilities, noncurrent portion 1,319 1,414 Total noncurrent liabilities 1,325 1,586 Commitments and Contingencies Stockholders' Equity: Preferred stock, $0.01 par value: Authorized shares - 5,000; Issued shares - 0 in 2025 and 4 in 2024 - 3,827 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 201 156 Common stock held in treasury, at cost - 1 share(s) (362) (362)Additional paid-in capital 134,547 122,552 Stock subscription receivable - (1,872)Accumulated deficit (127,066) (118,007)Accumulated other comprehensive loss (43) (43)Total stockholders' equity 7,277 6,251 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $10,387 $11,509 INTRUSION INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts) Three Months Ended Twelve Months Ended December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Revenue $1,482 $1,676 $7,095 $5,771 Cost of Revenue 380 421 1,715 1,341 Gross Profit 1,102 1,255 5,380 4,430 Operating Expenses: Sales and marketing 1,602 1,194 5,266 4,736 Research and development 1,293 1,231 5,172 4,435 General and administrative 1,055 733 4,106 3,705 Operating Loss (2,848) (1,903) (9,164) (8,446) Interest expense (14) (54) (81) (328)Interest accretion and amortization of debt issuance costs, net - - - 990 Other income (expense), net 38 - 186 (6) Net Loss $(2,824) $(1,957) $(9,059) $(7,790) Net Loss Per Share: Basic $(0.14) $(0.36) $(0.46) $(1.63)Diluted $(0.14) $(0.36) $(0.46) $(1.63) Weighted Average Common Shares Outstanding: Basic 20,103 6,198 19,800 5,275 Diluted 20,103 6,198 19,800 5,2752 SOURCE: IntrusionView the original press release on ACCESS NewswireOriginal: Intrusion Inc. Reports Fourth Quarter and Full Year 2025 Results
US Market News
4月前
Intrusion Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on Tuesday, March 24, 2026March 6, 2026 8:00 AM
ACCESS NewswirePLANO, TX / ACCESS Newswire / March 6, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, will release its fourth quarter and full year 2025 financial results on Tuesday, March 24, 2026, after market close. In conjunction with the report, Tony Scott, CEO, and Kimberly Pinson, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company's financial results.Analysts and investors who would like to join the live call via teleconference are invited to dial in using the following information:Date: Tuesday, March 24, 2026
Time: 5:00 p.m. ET
United States (Toll-Free): +1-877-545-0523
International: +1-973-528-0016Access Code: 121132Webcast Registration: LinkA telephone replay of the conference call will be available after the conference call through April 7, 2026. The replay can be accessed by dialing +1-877-481-4010 and using the passcode 53469. International callers should dial +1-919-882-2331 and enter the same passcode at the prompt.About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact
Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comSource: Intrusion Inc.View the original press release on ACCESS NewswireOriginal: Intrusion Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on Tuesday, March 24, 2026
US Market News
5月前
Intrusion Inc. Launches the P.O.S.S.E. Program, Expanding the Deployment of Shield TechnologyFebruary 11, 2026 4:05 PM
ACCESS NewswirePLANO, TX / ACCESS Newswire / February 11, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, today announced the launch of its P.O.S.S.E. (Protecting Our Sheriff's Security Everywhere) Program that utilizes the Company's Shield technology to help protect law enforcement from cyber threats.The P.O.S.S.E. Program deploys the Shield On-Premise solution leveraging Intrusion's 8.5 billion IP reputation database to identify and block malicious activity. Unlike traditional solutions that require specialized staff, P.O.S.S.E. devices operate autonomously to block harmful inbound and outbound communications, identify vulnerabilities and active attackers, and generate actionable reports that law enforcement can readily understand. The Program achieved 100% adoption during its fourth quarter 2025 pilot in Texas, where Intrusion's technology identified and stopped dozens of active threats.The P.O.S.S.E. Program is now scaling across Texas, Missouri, Oklahoma, and Iowa through a partnership with MyFlare Alert. This partnership provides distribution access to hundreds of sheriff departments, schools, and government facilities through a Sheriff-to-Sheriff validation model where sheriffs complete the assessment and either deploy or pass the device to a peer department."We are proud to announce the launch of the P.O.S.S.E. Program, which will help protect law enforcement from the growing number of cyber threats," said Tony Scott, CEO of Intrusion Inc. "The Sheriff departments here in Texas face the same number of cyber threats as large enterprises but operate with a fraction of the budget and staff. The P.O.S.S.E. Program will provide Sheriff departments with the threat intelligence they need to ensure that local public safety infrastructure is protected. We look forward to working closely with MyFlare Alert to help expand this program and Increase the adoption of our technology in other states outside of Texas.""We learned quickly that even the extensive cybersecurity we already have wasn't enough," said Chanze Fowler, Sheriff of Hartley County, Texas. "The P.O.S.S.E. Program changed the way we think about safety by taking our security to the next level and helping protect the systems our deputies and community rely on every day."About Intrusion Inc.Intrusion Inc. is a cybersecurity company based in Plano, Texas, specializing in advanced threat intelligence. At the core of its capabilities is TraceCop, a proprietary database that catalogs the historical behavior, associations, and reputational risk of IPv4 and IPv6 addresses, domain names, and hostnames. Built on years of gathering global internet intelligence and supporting government entities, this data forms the backbone of Intrusion's commercial solutions.Its most recent solution is Intrusion Shield - a next-generation network security platform designed to detect and prevent threats in real time. In observe mode, Shield delivers analytical insights powered by Intrusion's exclusive data, helping organizations identify unseen patterns and previously unknown risks. In protect mode, it monitors traffic flow and automatically blocks known malicious and unknown connections from entering or exiting the network - providing a powerful defense against Zero-Day threats and ransomware. By integrating Shield into a network, organizations can elevate their overall security posture and enhance the performance of their broader cybersecurity architecture.Cautionary Statement Regarding Forward-Looking InformationThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts contained herein, including statements regarding our financial position; our ability to continue our business as a going concern; our business, sales, and marketing strategies and plans; our ability to successfully market, sell, and deliver our Intrusion Shield commercial product and solutions to an expanding customer base; are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would" or the negative of these words or other similar terms or expressions. Forward-looking statements contained in this press release include, but are not limited to, such statements.You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in our filings with the Securities and Exchange Commission, including but not limited to our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as the same may be updated from time to time.The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.IR Contact:Alpha IR Group
Mike Cummings or Josh Carroll
INTZ@alpha-ir.comSOURCE: Intrusion Inc.View the original press release on ACCESS NewswireOriginal: Intrusion Inc. Launches the P.O.S.S.E. Program, Expanding the Deployment of Shield Technology
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