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Form 8-K

sec.gov

8-K — INTRUSION INC

Accession: 0001683168-26-006203

Filed: 2026-08-11

Period: 2026-08-11

CIK: 0000736012

SIC: 3576 (COMPUTER COMMUNICATIONS EQUIPMENT)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM

8-K

CURRENT REPORT

Pursuant to Section 13 or

15(d) of the Securities Exchange Act of 1934

Date of Report (Date of

earliest event reported): August 11,

2026

INTRUSION

INC.

(Exact Name of Registrant

as Specified in Its Charter)

Delaware

001-39608

75-1911917

(State or Other Jurisdiction

of Incorporation)

(Commission File

Number)

(IRS Employer

Identification No.)

101

East Park Blvd, Suite

1200

Plano, Texas

75074

(Address of Principal Executive Offices)

(Zip Code)

(888) 637-7770

(Registrant’s Telephone Number,

Including Area Code)

N/A

(Former Name or Former Address, if Changed Since

Last Report)

Check the appropriate box below if the Form 8-K filing

is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common

Stock

INTZ

The NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if

the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards

provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On August 11, 2026, Intrusion, Inc. (the “Company”)

issued a press release providing information about its operating and financial results for the quarter ended June 30, 2026. A copy of

the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

The information included in this Item 2.02, including

Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended

(the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated

by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except

as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No.

Description

99.1

Press release

of the registrant, issued on August 11, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto

duly authorized.

Intrusion, Inc.

Dated: August 11, 2026

By:

/s/ Kimberly Pinson

Kimberly Pinson

Chief Financial Officer

3

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: intrusion_ex9901.htm · Sequence: 2

Exhibit 99.1

Intrusion Inc.

Reports Second Quarter 2026 Results

Sequential revenue growth and the acquisition

of VigilAigent enhance revenue quality and visibility while accelerating the Company's path to profitability

PLANO, Texas, August 11, 2026 (ACCESSWIRE)

-- Intrusion Inc. (NASDAQ: INTZ) (“Intrusion” or the “Company”), a provider of AI-powered cyberattack prevention,

threat intelligence, and managed cybersecurity solutions, announced today financial results for the second quarter ended June 30, 2026.

Recent Financial & Business Highlights:

· Achieved sequential revenue growth of 64% during

the second quarter of 2026.

· Completed the acquisition of VigilAigent to create

an AI-native cybersecurity platform and improve the Company’s top line by adding approximately $3.5 million in annual recurring

revenue from multi-year contracts.

· Hosted a Technology & Innovation Day highlighting

the combined capabilities power of Intrusion and VigilAigent’s technologies.

· Signed a $4 million annual contract to deliver

cyber threat intelligence and critical infrastructure protection to the state of Texas.

VigilAigent Acquisition Integration Highlights

Since Closing:

· Advanced integration of the combined organizations

while maintaining customer support and service continuity.

· Identified more than $3 million of potential

annualized operating cost synergies.

· Continued commercial momentum through customer

renewals, new business, and partner engagement.

· Expanded the Company's strategic foundation with

enhanced Ai capabilities, managed security expertise, and a broader commercial platform.

“The second quarter was a pivotal one for

Intrusion. We returned to sequential revenue growth and restored the revenue run rate achieved prior to the funding delay associated with

the Department of War contract. We also made significant progress in positioning our business for future growth, as demonstrated by our

recent acquisition of VigilAigent,” said Tony Scott, President & Chief Executive Officer of Intrusion. “The addition of

VigilAigent will be immediately accretive to our top line results by adding approximately $3.5 million of annual recurring revenue over

the upcoming quarters from a diversified base of multi-year customer contracts. We believe that integrating VigilAigent's technology with

Intrusion's will create a unified platform that expands our ability to serve larger enterprise customers, strengthens our competitive

position, and drives strategic customer acquisition and long-term organic growth.”

Mr. Scott concluded, “As we look toward

the second half of fiscal 2026, we are confident that we will begin to see a steady improvement in our financial results. The quality

and visibility of our revenue has already improved, and we expect this trend to continue as we further expand our sales pipeline. This

gives us great confidence that we remain on track to transition Intrusion to profitability in fiscal year 2027 and create value for our

shareholders.”

Second Quarter Financial Results

Revenue for the second quarter of 2026 was $1.5

million, representing an increase of 64% on a sequential basis and a decrease of 22% compared to the prior year period. 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 66% for the second

quarter of 2026, compared to 74% for the first quarter of 2026 and 76% for the prior year period. Gross margin varies based on product

mix.

1

Operating expense for the second quarter of 2026

was $3.4 million, a decrease of $0.8 million sequentially and a decrease of less than $0.1 million compared to the second quarter of 2025.

Net loss for the second quarter of 2026 was $2.6

million, or $(0.13) per share, compared to a net loss of $2.0 million, or $(0.10) per share, in the second quarter of 2025.

As of June 30, 2026, cash and cash equivalents

were $0.2 million.

Conference Call

Intrusion’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: 848276. 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 August

26, 2026, by dialing 1-877-481-4010, or 1-919-882-2331 for international callers, and entering the following access code: 54153. 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 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.

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

INTZ@alpha-ir.com

Source: Intrusion Inc.

2

INTRUSION INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except par value amounts)

June 30,

2026

December 31,

2025

(unaudited)

ASSETS

Current Assets:

Cash and cash equivalents

$ 182

$ 3,624

Accounts receivable, net of allowance of $0.1 million

1,452

131

Prepaid expenses and other assets

682

476

Total current assets

2,316

4,231

Noncurrent Assets:

Property and equipment:

Equipment

2,983

2,917

Capitalized software development

6,252

5,663

Leasehold improvements

18

18

Property and equipment, gross

9,253

8,598

Accumulated depreciation and amortization

(5,070 )

(4,313 )

Property and equipment, net

4,183

4,285

Goodwill

4,299

Finance leases, right-of-use assets (“ROU”), net

163

222

Operating leases, ROU, net

1,247

1,392

Other assets

263

257

Total noncurrent assets

10,155

6,156

TOTAL ASSETS

$ 12,471

$ 10,387

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current Liabilities:

Accounts payable, trade

$ 2,277

$ 492

Accrued expenses

522

357

Finance lease liabilities, current portion

99

167

Operating leases liabilities, current portion

79

266

Notes payable, current portion

2,236

Deferred revenue

794

503

Total current liabilities

6,007

1,785

Noncurrent Liabilities:

Finance lease liabilities, noncurrent portion

5

6

Operating lease liabilities, noncurrent portion

1,340

1,319

Notes payable, noncurrent portion

1,034

Total noncurrent liabilities

2,379

1,325

Commitments and Contingencies – (See Note 5)

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 – 22,758 in 2026 and 20,117 in 2025; Outstanding shares – 22,757 in 2026 and 20,116 in 2025

228

201

Common stock held in treasury, at cost – 1 share(s)

(362 )

(362 )

Additional paid-in capital

136,187

134,547

Accumulated deficit

(133,219 )

(127,066 )

Noncontrolling interest

1,294

Accumulated other comprehensive loss

(43 )

(43 )

Total stockholders’ equity

4,085

7,277

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$ 12,471

$ 10,387

3

INTRUSION INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Revenue

$ 1,453

$ 1,873

$ 2,341

$ 3,648

Cost of revenue

488

442

717

874

Gross profit

965

1,431

1,624

2,774

Operating expenses:

Sales and marketing

1,365

1,207

2,995

2,391

Research and development

1,145

1,332

2,596

2,550

General and administrative

948

978

2,098

2,012

Operating loss

(2,493 )

(2,086 )

(6,065 )

(4,179 )

Interest expense

(110 )

(21 )

(121 )

(50 )

Other income, net

7

65

27

89

Net loss

(2,596 )

(2,042 )

(6,159 )

(4,140 )

Less net loss attributable to noncontrolling interests

(6 )

(6 )

Net loss attributable to Intrusion, Inc.

$ (2,590 )

$ (2,042 )

$ (6,153 )

$ (4,140 )

Net loss per share:

Basic

$ (0.13 )

$ (0.10 )

$ (0.30 )

$ (0.21 )

Diluted

$ (0.13 )

$ (0.10 )

$ (0.30 )

$ (0.21 )

Weighted average common shares outstanding:

Basic

20,395

19,895

20,335

19,557

Diluted

20,395

19,895

20,335

19,557

4

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