INTZNasdaqComputer Communications EquipmentUS GAAP · USD

Intrusion Inc

Intrusion Inc. develops network security products and consulting services built around its proprietary threat-intelligence database of IP addresses and domain names. The company sells its legacy government-focused TraceCop and Savant solutions and its commercial INTRUSION Shield product, which is designed to block malicious or unknown network connections using a Zero Trust, reputation-based approach.

Kysy yhtiöstä
Liikevaihto7,0milj. USD
+21,6 %v/v
Liikevoitto (EBIT)−9,2milj. USD
−8,5 %v/v
EBIT-marginaali−130,6%
+15,7 %-yks.v/v
Nettotulos−9,1milj. USD
−16,3 %v/v
Vapaa kassavirta−7,5milj. USD
−10,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−20−10010milj. USD2020: 6,6 milj. USD2020: EBIT −6,5 milj. USD20202021: 7,3 milj. USD2021: EBIT −20 milj. USD20212022: 7,5 milj. USD2022: EBIT −16 milj. USD20222023: EBIT −12 milj. USD20232024: 5,8 milj. USD2024: EBIT −8,4 milj. USD20242025: 7,0 milj. USD2025: EBIT −9,2 milj. USD20257,0−9,2
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Intrusion Inc

Liiketoiminta

Osuus liikevaihdosta
Cybersecurity software25 %

INTRUSION Shield and related security software that blocks malicious network traffic.

Government security solutions20 %

TraceCop and Savant offerings sold primarily to U.S. government entities.

Consulting services55 %

Contract-based services performed mainly for U.S. government customers, including DoD work.

Asiakkaat

The company’s customer base is dominated by U.S. government entities, especially federal agencies and the Department of Defense. It also sells to a smaller set of commercial customers through INTRUSION Shield, but revenue remains highly concentrated in a few accounts and can shift materially with contract timing.

U.S. government entities

Federal agencies and other government buyers purchase consulting and security solutions, mainly because the company has long-standing government relationships and contract vehicles.

Department of Defense

DoD contract work and extensions contribute meaningful consulting revenue and have recently helped backfill lost Shield revenue.

Commercial enterprises

Businesses buy INTRUSION Shield to add Zero Trust, reputation-based blocking to existing infrastructure and defend against ransomware and zero-day attacks.

Legacy government product users

Customers using TraceCop and Savant rely on the company’s threat-intelligence database for government security use cases.

Strategia

Management is focused on rebuilding and expanding Shield revenue while maintaining its government consulting base. The company is also using contract wins, including DoD work and extensions, to stabilize cash flow and reduce dependence on a single large customer that was lost in 2024.

Expand INTRUSION Shield adoptionLyhyt aikaväli

Shield is the main commercial growth lever and can diversify revenue away from government concentration.

Deepen U.S. government and DoD relationshipsLyhyt aikaväli

Government contracts currently drive most revenue and provide the largest near-term opportunity pool.

Improve liquidity and operating runwayLyhyt aikaväli

The company has ongoing losses and depends on external financing to fund software development and operations.

Maantiede

The business is overwhelmingly U.S.-based, with revenue tied to U.S. government procurement and domestic commercial customers. The company’s operating exposure is therefore concentrated in U.S. federal budget timing, appropriations, and contract renewal cycles rather than in international markets.

Riskit

Intrusion’s revenue is highly concentrated in a small number of U.S. government customers, so contract timing, appropriations, or cancellations can materially move results. The company also remains loss-making and reliant on external financing, while its commercial Shield business is still working to replace a lost large customer and prove durable scale.

Järjestetty vakavuuden mukaan
Customer concentrationKorkea

Three customers accounted for most revenue in recent quarters, so the loss or delay of one contract can materially reduce sales.

Kohdistuu: U.S. government entities and a small number of commercial accounts

Government procurement and budget timingKorkea

Revenue depends on federal appropriations, renewals, and task orders, which can be delayed by continuing resolutions or budget uncertainty.

Kohdistuu: Consulting services and government security contracts

Liquidity and financing dependenceKorkea

The company has recurring net losses and has funded operations through stock sales and offerings.

Kohdistuu: Operating runway and product development

Commercial product adoption riskKeskitaso

Shield must continue replacing lost revenue and win new customers to become a stable growth engine.

Kohdistuu: INTRUSION Shield

Kysy Clarifolta: Intrusion Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and contract timing

Consulting and Shield revenue can vary with government budget approvals, renewals, and customer onboarding, affecting quarter-to-quarter comparability.

Vaikutus: Revenue and gross margin volatility

Capitalized internal software development

Software and hardware purchases are capitalized, which shifts costs from operating expense to investing cash outflows.

Vaikutus: Operating cash flow and asset balances

Equity financing and stock subscription receivables

The company has used registered direct offerings, ATM sales, and SEPA proceeds to fund operations.

Vaikutus: Liquidity, dilution, and financing cash flow

Product mix and gross margin

Shield and consulting carry different economics, so changes in mix can move gross profit percentage.

Vaikutus: Gross margin and operating leverage

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Lucent, Inc.

LUCN · Services-Business Services, NEC

Science Applications International Corp

SAIC · Services-Computer Integrated Systems Design

Inception Growth Acquisition Ltd

Blank Checks

Safe Pro Group Inc.

SPAI · Services-Prepackaged Software

International Business Machines Corporation

IBM · Computer & office Equipment

Red Violet, Inc.

RDVT · Services-Prepackaged Software

Päivitetty: 24.9.2026