-
Australian soldier charged with war crimes vows to clear his name
-
Branded pop-up events take center stage at Coachella
-
AI 'agent' fever comes with lurking security threats
-
How France fell for reimagined 19th-century workers' canteens
-
South Korea's chainsaw artist carves a name for herself at 91
-
Blue Origin set to launch rocket with reusable booster for first time
-
Strait of Hormuz to stay closed until port blockade lifts, Iran says
-
Iraq fish die-off leaves farmers mourning lost livelihoods
-
Crisis-hit Bulgaria votes in eighth election in five years
-
'Pure joy' for Matarazzo after Copa del Rey triumph
-
Messi scores winner as Miami down Colorado on coach debut
-
Nuggets hold off T'Wolves, Cavs thump Raptors in NBA playoff openers
-
Fitzpatrick extends lead as Scheffler charges at RBC Heritage
-
Real Sociedad secure Copa del Rey penalty triumph over Atletico
-
'Scandalous' Marseille lose at Lorient, dent Champions League bid
-
Arteta urges Arsenal to have no regrets in Man City title showdown
-
Substitute Dupont helps Toulouse cruise past Castres in Top 14
-
Questions surround Warriors after NBA play-in exit
-
Man Utd beat Chelsea as Spurs stunned by Brighton equaliser
-
Cunha steers Man Utd towards Champions League at Chelsea's expense
-
Cavs cruise past Raptors in NBA playoff opener
-
England beat Iceland to stay perfect in Women's World Cup qualifying
-
Spurs 'not finished yet', says defiant De Zerbi
-
Germany's Gnabry a World Cup doubt after thigh injury
-
Spurs stunned by late Brighton equaliser, Leeds pull clear of trouble
-
Spurs count cost after Brighton draw leaves them in drop zone
-
'Scandalous' Marseille lose at Lorient, damage Champions League bid
-
Abhishek fireworks, Malinga spell sink Chennai
-
Napoli's Serie A title defence nears end with Lazio defeat
-
England run in 12 tries to hammer Scotland in Six Nations
-
Rybakina powers past Andreeva to reach Stuttgart final
-
At least 5 killed after gunman opens fire in Ukrainian capital
-
Bayern on cusp of title as Dortmund lose, Eta beaten on debut
-
Rublev, Fils fightbacks set up Barcelona Open final
-
Leeds pull clear of trouble, Bournemouth sink Newcastle
-
Spain rout Ukraine to boost Women's World Cup qualifying hopes
-
Bayern close in on Bundesliga title as Dortmund lose
-
Iran closes Hormuz Strait again, as Trump warns against 'blackmail'
-
US extends sanctions waiver on purchases of Russian oil
-
Trump signs order to fast-track research on psychedelic drugs
-
Cobolli downs Zverev to set up Munich final with Shelton
-
Pope arrives in Angola on Africa tour overshadowed by Trump
-
Thousands protest in Germany urging faster green shift
-
La Rochelle thump threadbare Bordeaux-Begles
-
Muchova battles past Svitolina to book Stuttgart final berth
-
Allegri rules out taking Italy job, wants to stay at AC Milan
-
Miller bludgeons Delhi to IPL win over Bengaluru
-
Pope says he regrets his remarks interpreted as a debate with Trump
-
Brentford blow chance for top six in Fulham stalemate
-
Trade ships hit in Hormuz as Iran reopening falters
Intrusion Inc. Reports Third Quarter 2025 Results
Continued Intrusion Shield expansion underscores progress toward achieving sustainable growth and long-term profitability
PLANO, TX / ACCESS Newswire / November 11, 2025 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, announced today financial results for the third quarter ended September 30, 2025.
Recent Financial & Business Highlights:
Launched Intrusions Shield Cloud on the AWS Marketplace to help drive long-term growth and deliver autonomous network enforcement across modern infrastructure.
Achieved sixth sequential quarter of revenue improvement.
"During the third quarter, we continued to make meaningful progress toward achieving our goal of creating sustainable growth and enhancing long-term profitability," said Tony Scott, CEO of Intrusion. "Our top-line growth during the quarter was largely driven by our recent contract expansion with the U.S. Department of Defense, which includes the ongoing rollout of our critical infrastructure solutions. We are also seeing strong momentum for our Shield Endpoint product from our solution partner, PortNexus, as they advance the deployment of the MyFlareAlert platform, and we anticipate that we will see further adoption of this offering in coming quarters. In addition, we also made progress in helping expand our potential customer reach with the recent launch of Intrusion Shield Cloud on the AWS Marketplace, which we view as a meaningful milestone that will help drive long-term growth. As we look ahead to the fourth quarter and beyond, we remain committed to disciplined investment in our business, growing our customer base, and delivering improved financial results that will create value for our shareholders."
Third Quarter Financial Results
Revenue for the third quarter of 2025 was approximately $2.0 million, representing an increase of 31% on a year-over-year basis. The sequential increase in revenue for the third quarter of 2025 was driven by new customers signed in recent quarters, including the U.S. Department of Defense award for the use of both Intrusion Shield technology and consulting services.
The gross profit margin was 77% for the third quarter of 2025, which was relatively flat compared to the third quarter of 2024. Gross margin varies based on product mix.
Operating expenses for the third quarter of 2025 were $3.6 million, up $0.4 million compared to the third quarter of 2024.
Net loss for the third quarter of 2025 was $2.1 million, or $0.10 per share, which is flat when compared to prior year performance which included $0.5 million in one-time negotiated savings.
As of September 30, 2025, cash and cash equivalents were $2.5 million, and short-term investments in U.S. Treasuries were $2.0 million. On October 1st, the Company received $3.0 million in cash from trade receivables increasing the Company's combined cash and short-term investment position to $7.5 million.
Conference Call
Intrusion's management will host a conference call today at 5:00 P.M. EST. 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: 496037. 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. EST until November 25, 2025, by dialing 1-877-481-4010, or 1-919-882-2331 for international callers, and entering the following access code: 52908. 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 Information
This 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
[email protected]
INTRUSION INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value amounts)
September 30, 2025 | December 31, | |||
(unaudited) | ||||
ASSETS | ||||
Current Assets: | ||||
Cash and cash equivalents | $ | 2,527 | $ | 4,851 |
Short-term investments | 2,000 | - | ||
Accounts receivable, net | 2,378 | 169 | ||
Prepaid expenses and other assets | 666 | 514 | ||
Total current assets | 7,571 | 5,534 | ||
Noncurrent Assets: | ||||
Property and equipment: | ||||
Equipment | 2,899 | 2,690 | ||
Capitalized software development | 5,344 | 3,948 | ||
Leasehold improvements | 18 | 18 | ||
Property and equipment, gross | 8,261 | 6,656 | ||
Accumulated depreciation and amortization | (3,937 | ) | (2,809 | ) |
Property and equipment, net | 4,324 | 3,847 | ||
Finance leases, right-of-use assets, net | 249 | 491 | ||
Operating leases, right-of-use assets, net | 1,243 | 1,356 | ||
Other assets | 285 | 281 | ||
Total noncurrent assets | 6,101 | 5,975 | ||
TOTAL ASSETS | $ | 13,672 | $ | 11,509 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||
Current Liabilities: | ||||
Accounts payable, trade | $ | 541 | $ | 1,508 |
Accrued expenses | 550 | 291 | ||
Finance lease liabilities, current portion | 113 | 405 | ||
Operating lease liabilities, current portion | 54 | 209 | ||
Notes payable | - | 529 | ||
Deferred revenue | 1,177 | 730 | ||
Total current liabilities | 2,435 | 3,672 | ||
Noncurrent Liabilities: | ||||
Finance lease liabilities, noncurrent portion | 85 | 172 | ||
Operating lease liabilities, noncurrent portion | 1,343 | 1,414 | ||
Total noncurrent liabilities | 1,428 | 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 - 20,103 in 2025 and 15,591 in 2024; Outstanding shares - 20,102 in 2025 and 15,590 in 2024 | 201 | 156 | ||
Common stock held in treasury, at cost - 1 share | (362 | ) | (362 | ) |
Additional paid-in capital | 134,254 | 122,552 | ||
Stock subscription receivable | - | (1,872 | ) | |
Accumulated deficit | (124,241 | ) | (118,007 | ) |
Accumulated other comprehensive loss | (43 | ) | (43 | ) |
Total stockholders' equity | 9,809 | 6,251 | ||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 13,672 | $ | 11,509 |
INTRUSION INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||
Revenue | $ | 1,966 | $ | 1,504 | $ | 5,614 | $ | 4,095 | ||||
Cost of revenue | 461 | 344 | 1,335 | 920 | ||||||||
Gross profit | 1,505 | 1,160 | 4,279 | 3,175 | ||||||||
Operating expenses: | ||||||||||||
Sales and marketing | 1,273 | 1,207 | 3,664 | 3,542 | ||||||||
Research and development | 1,329 | 1,150 | 3,879 | 3,204 | ||||||||
General and administrative | 1,039 | 841 | 3,051 | 2,972 | ||||||||
Operating loss | (2,136 | ) | (2,038 | ) | (6,315 | ) | (6,543 | ) | ||||
Interest expense | (17 | ) | (12 | ) | (67 | ) | (274 | ) | ||||
Interest accretion and amortization of debt issuance costs, net | - | - | - | 990 | ||||||||
Other income (expense), net | 59 | - | 148 | (6 | ) | |||||||
Net loss | $ | (2,094 | ) | $ | (2,050 | ) | $ | (6,234 | ) | $ | (5,833 | ) |
Net loss per share: | ||||||||||||
Basic | $ | (0.10 | ) | $ | (0.35 | ) | $ | (0.32 | ) | $ | (1.49 | ) |
Diluted | $ | (0.10 | ) | $ | (0.35 | ) | $ | (0.32 | ) | $ | (1.49 | ) |
Weighted average common shares outstanding: | ||||||||||||
Basic | 19,975 | 6,557 | 19,698 | 4,264 | ||||||||
Diluted | 19,975 | 6,557 | 19,698 | 4,264 | ||||||||
SOURCE: Intrusion Inc.
View the original press release on ACCESS Newswire
P.M.Smith--AMWN