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Intrusion Inc. Announces Financial Release Date and Conference Call
| 4:25 PM | By PR Newswire Association LLC. |
RICHARDSON, Texas, Aug. 9, 2011 /PRNewswire/ -- Intrusion Inc. (OTCBB: INTZ), ("Intrusion") will announce second quarter 2011 financial results on Thursday, August 11, 2011. The press release will be published over the wire services after the market closes. The release will...
INTZ Security Details
Share StructureMarket Value1 $4,136,206 a/o Aug 09, 2011
Shares Outstanding 11,817,732 a/o Mar 29, 2011
Float Not Available
Authorized Shares Unlimited a/o
Par Value 0.01
Related News: Similar Content, By PR Newswire Association LLC. http://www.prnewswire.com/news-releases/intrusion-inc-announces-financial-release-date-and-conference-call-127334273.html#rssowlmlink
bought into this when it was trading over $3.00, i got a long way to go to get back to even but i usually go for the long term, seems like they are on the right path
http://finance.yahoo.com/news/Intrusion-Inc-Books-800000-prnews-1956227168.html?x=0&.v=1
These orders are getting larger.
They were in the 250K-400K range a couple of years ago,
now it's 2.4M, 1.2M and 800K.
I suspect they'll be busy for the next few weeks
don't know what's happening, but i have been holding this dog for a long time, glad to see some upwards motion only i have a looooooooong way to go to get back to even, we shall see
New 52 week high!! $0.84 on 6/9/09
It just keeps getting better.
29-May-09 Price hit new 52-week high ($0.61)
http://finance.yahoo.com/q/ce?s=INTZ.OB
It's more fun now, eh?
27-May-09 Price hit new 52-week high ($0.56)
http://finance.yahoo.com/q/ce?s=INTZ.OB
Intrusion Inc. Announces First Quarter Results
May 14, 2009 4:05:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesRICHARDSON, Texas, May 14 /PRNewswire-FirstCall/ -- Intrusion Inc. (OTC Bulletin Board: INTZ), ("Intrusion") today announced financial results for the quarter ended March 31, 2008.
Revenue for the first quarter 2009 was $0.9 million, compared to $0.5 million for the first quarter 2008.
Intrusion's operating loss was $0.3 million in the first quarter 2009, compared to $0.9 million for the first quarter 2008.
Gross profit margin was 68% of revenue in the first quarter of 2009; compared to 61% in the first quarter 2008.
Intrusion's first quarter 2009 operating expenses were $0.9 million; compared to $1.2 in the first quarter 2008.
As of March 31, 2009, Intrusion reported cash and cash equivalents of $0.2 million, a working capital deficiency of $1.7 million and debt of $0.6 million.
"Revenue in the first quarter was reduced by slippage of contracts from the U.S. Government; however, since April 1, 2009, as previously reported, we have booked a total of $1,200,000 of new TraceCop orders from a U.S. Defense Prime Contractor. These new TraceCop orders are expected to produce revenue over the second and third quarters of 2009," stated G. Ward Paxton, President and CEO of Intrusion.
Intrusion's management will host its regularly scheduled quarterly conference call to discuss the Company's financial and operational progress at 4:00 P.M., CDT today. Interested investors can access the call at 1-800-399-2043 (if outside the United States, 1-706-634-5518). For those unable to participate in the live conference call, a replay will be accessible beginning today at 7:00 P.M., CDT until May 21, 2009 by calling 1-800-642-1687 (if outside the United States, 1-706-645-9291). At the replay prompt, enter conference identification number 98236051. 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 global provider of entity identification systems, regulated information compliance, data leak prevention, and data privacy protection and network intrusion prevention and detection products. Intrusion's product families include TraceCop(TM) for entity identification, the Compliance Commander(TM) for regulated information compliance, data leak prevention and data privacy protection, and Intrusion SecureNet for network intrusion prevention and detection. Intrusion's products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit www.intrusion.com.
This release, other than historical information, may include forward-looking statements regarding future events or the future financial performance of the Company. Such statements include, without limitations, statements regarding future revenue growth and profitability, as well as other statements. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: the difficulties in forecasting future sales caused by current economic and market conditions, the effect of military actions on government and corporate spending on information security products, spending patterns of, and appropriations to, U.S. government departments, the impact of our cost reduction programs and our refocused product line, the difficulties and uncertainties in successfully developing and introducing new products in emerging markets, market acceptance of our products, the impact of our sustained losses on our ability to successfully operate and grow our business, our stock price and the recent loss of our Nasdaq listing, our ability to generate sufficient cash flow or obtain additional financing on acceptable terms in order to fund ongoing liquidity needs, the highly competitive market for our products, the effects of sales and implementation cycles for our products on our quarterly results, difficulties in accurately estimating market growth, the consolidation of the information security industry, the impact of changing economic conditions, business conditions in the information security industry, our ability to manage acquisitions effectively, the impact of market peers and their products as well as risks concerning future technology and others identified in our Annual Report on Form 10-K, as amended, and other Securities and Exchange Commission filings. These filings can be obtained by contacting Intrusion Investor Relations.
Contact
Michael L. Paxton, VP, CFO
972.301.3658, mpaxton@intrusion.com
INTRUSION INC.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands except par value amounts)
March 31, December 31,
2009 2008
------------------------
ASSETS
Current Assets:
Cash and cash equivalents $174 $554
Accounts receivable 200 341
Inventories, net 16 20
Prepaid expenses 61 56
-------- --------
Total current assets 451 971
Property and equipment, net 152 169
Other assets 39 39
-------- --------
TOTAL ASSETS $642 $1,179
======== ========
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities:
Loan payable to officer $630 $480
Accounts payable and accrued expenses 487 538
Deferred revenue 750 1,090
Dividends payable 234 187
-------- --------
Total current liabilities 2,101 2,295
Stockholders' Deficit:
Preferred stock, $.01 par value:
Authorized shares - 5,000
Series 1 shares issued and outstanding - 260
Liquidation preference of $1,396 as of
March 31, 2009 918 918
Series 2 shares issued and outstanding - 460
Liquidation preference of $1,227 as of
March 31, 2009 724 724
Series 3 shares issued and outstanding - 354
Liquidation preference of $824 as of
March 31, 2009 504 504
Common stock, $.01 par value:
Authorized shares - 80,000
Issued shares - 11,648
Outstanding shares - 11,638 116 116
Common stock held in treasury, at cost - 10
shares (362) (362)
Additional paid-in capital 55,422 55,443
Accumulated deficit (58,602) (58,280)
Accumulated other comprehensive loss (179) (179)
-------- --------
Total stockholders' deficit (1,459) (1,116)
-------- --------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $642 $1,179
======== ========
INTRUSION INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands except per share amounts)
Quarter ended Quarter ended
March 31, March 31,
2009 2008
-------------------------------
Revenue $856 $462
Cost of revenue 276 179
-------------------------------
Gross profit 580 283
Operating expenses:
Sales and marketing 264 371
Research and development 366 516
General and administrative 260 265
-------------------------------
Operating loss (310) (869)
Interest expense, net (12) (6)
-------------------------------
Loss before income taxes (322) (875)
Income tax provision - -
-------------------------------
Net loss (322) (875)
Preferred stock dividends
accrued (40) (40)
-------------------------------
Net loss attributable to
common stockholders $(362) $(915)
===============================
Net loss per share
attributable to common stockholders
(basic and diluted) $(0.03) $(0.08)
Weighted average shares outstanding
- Basic and Diluted 11,638 11,638
SOURCE Intrusion Inc.
----------------------------------------------
Michael L. Paxton
VP
CFO of Intrusion Inc.
+1-972-301-3658
mpaxton@intrusion.com
Intrusion Inc. Announces Financial Release Date and Conference Call
May 11, 2009 5:59:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesRICHARDSON, Texas, May 11 /PRNewswire-FirstCall/ -- Intrusion Inc. (OTC Bulletin Board: INTZ), ("Intrusion") will announce first quarter 2009 financial results on Thursday, May 14, 2009. The press release will be published over the wire services after the market closes. The release will also be available on the company's web site at www.intrusion.com. Intrusion management will review the Company's financial and operational progress for the first quarter 2009 during a conference call later that day at 4:00 P.M., CDT.
Interested investors can access the call at 1-800-399-2043 (outside the United States, please dial 1-706-634-5518) at 4:00 P.M., CDT. For those unable to participate in the live conference call, a replay will be accessible beginning May 14, 2009 at approximately 7:00 P.M., CDT until May 21, 2009 by calling 1-800-642-1687 (if outside the United States, 1-706-645-9291). At the replay prompt, enter conference identification number 98236051. In addition, a live and archived audio webcast of the conference call will be available at www.intrusion.com.
About Intrusion Inc.
Intrusion Inc. is a global provider of entity identification systems, regulated information compliance, data leak prevention, and data privacy protection and network intrusion prevention and detection products. Intrusion's product families include TraceCop(TM) for entity identification, the Compliance Commander(TM) for regulated information compliance, data leak prevention and data privacy protection, and Intrusion SecureNet for network intrusion prevention and detection. Intrusion's products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit www.intrusion.com.
Contact
Michael L. Paxton, VP, CFO
972.301.3658, mpaxton@intrusion.com
SOURCE Intrusion Inc.
----------------------------------------------
Michael L. Paxton
VP
CFO
of Intrusion Inc.
+1-972-301-3658
mpaxton@intrusion.com
Intrusion Inc. Books $1,200,000 of TraceCop(TM) Orders
Apr 30, 2009 4:05:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesRICHARDSON, Texas, April 30 /PRNewswire-FirstCall/ -- Intrusion Inc. (OTC Bulletin Board: INTZ) announced today it received four orders totaling $1,200,000 from a U.S. Defense Contractor for TraceCop projects. These orders are expected to produce revenue over the second and third quarters of 2009. TraceCop is Intrusion's product family that provides abilities to trace the source of cyber based attacks and other types of network crime.
About Intrusion Inc.
Intrusion Inc. is a global provider of entity identification systems, regulated information compliance, data leak prevention, and data privacy protection and network intrusion prevention and detection products. Intrusion's product families include TraceCop(TM) for entity identification, the Compliance Commander(TM) for regulated information compliance, data leak prevention and data privacy protection, and Intrusion SecureNet for network intrusion prevention and detection. Intrusion's products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit www.intrusion.com.
This release, other than historical information, may include forward-looking statements regarding future events or the future financial performance of the Company. Such statements include, without limitations, statements regarding future revenue growth and profitability, as well as other statements. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: the difficulties in forecasting future sales caused by current economic and market conditions, the effect of military actions on government and corporate spending on information security products, spending patterns of, and appropriations to, U.S. government departments, the impact of our cost reduction programs and our refocused product line, the difficulties and uncertainties in successfully developing and introducing new products in emerging markets, market acceptance of our products, the impact of our sustained losses on our ability to successfully operate and grow our business, our stock price, our ability to generate sufficient cash flow or obtain additional financing on acceptable terms in order to fund ongoing liquidity needs, the highly competitive market for our products, the effects of sales and implementation cycles for our products on our quarterly results, difficulties in accurately estimating market growth, the consolidation of the information security industry, the impact of changing economic conditions, business conditions in the information security industry, our ability to manage acquisitions effectively, the impact of market peers and their products as well as risks concerning future technology and others identified in our Annual Report on Form 10-K, as amended, and other Securities and Exchange Commission filings. These filings can be obtained by contacting Intrusion Investor Relations.
Contact:
Michael L. Paxton, VP, CFO
972.301.3658, mpaxton@intrusion.com
SOURCE Intrusion Inc.
----------------------------------------------
Michael L. Paxton
VP
CFO of Intrusion Inc.
+1-972-301-3658
mpaxton@intrusion.com
3 in a row....
Intrusion's net income was $8 thousand in the fourth quarter 2008, compared to a net loss of $0.8 million for the fourth quarter 2007. Net loss was $0.8 million for the year 2008, compared to $2.4 million for the year 2007.
http://biz.yahoo.com/prnews/090219/da73032.html?.v=1
Penetration, no matter how slight,
constitutes the act.
They are now 2 in a row with 17K in the third quarter.
There was a big volume spike mid-December.
I think something good will happen in the next 3 months.
Disclaimer:
My sell order is already in just in case I'm right.
Intrusion Inc. Achieves Profitability in Second Quarter
4:05 p.m. 08/13/2008 Provided by
RICHARDSON, Texas, Aug 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- Intrusion Inc. (INTZ), ("Intrusion") announced today financial results for the three and six months ended June 30, 2008.
Intrusion's net income was $41 thousand in the second quarter 2008 compared to a $0.5 million net loss for the second quarter 2007.
Revenue for the second quarter 2008 was $1.3 million compared to $1.0 million for the second quarter 2007.
Gross profit margin was 66 percent of revenue in the second quarter of 2008 compared to 61 percent of revenue in the second quarter of 2007.
Intrusion's second quarter 2008 operating expenses were $0.8 million, compared to $1.1 million for the second quarter 2007.
As of June 30, 2008, Intrusion reported cash and cash equivalents of $0.2 million, working capital of $(1.3) million and debt of $1.2 million.
"Revenue increased 28%, gross profit margin increased from 61% to 66% and operating expenses decreased 31% in the second quarter of 2008 compared to the second quarter of 2007. These positive achievements resulted in net income for the second quarter of 2008," stated G. Ward Paxton, Chairman, President and CEO of Intrusion. "The growth in revenue and profit in the second quarter was primarily driven by the $2.5 million of orders booked in the first half of the year. We entered the third quarter with a backlog of $1.0 million," Paxton concluded.
Intrusion's management will host its regularly scheduled quarterly conference call to discuss the Company's financial and operational progress at 4:00 P.M., CDT today. Interested investors can access the call at 1-800-399-2043 (if outside the United States, 1-706-634-5518). For those unable to participate in the live conference call, a replay will be accessible beginning today at 7:00 P.M., CDT until August 20, 2008 by calling 1-800-642-1687 (if outside the United States, 1-706-645-9291). At the replay prompt, enter conference identification number 58845317. 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 global provider of regulated information compliance, entity identification systems, data privacy protection products, and network intrusion prevention and detection solutions. In addition, Intrusion offers deployment technologies along with security services for the information-driven economy. Intrusion's product families include the Compliance Commander(TM) for regulated information compliance, data privacy protection and identity theft prevention, TraceCop(TM) identification and location service, Intrusion SpySnare(TM) for real-time inline blocking of spyware and unwanted P2P applications, and Intrusion SecureNet(TM) for network intrusion prevention and detection. Intrusion's products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit www.intrusion.com .
This release, other than historical information, may include forward-looking statements regarding future events or the future financial performance of the Company. Such statements include, without limitations, statements regarding future revenue growth and profitability, as well as other statements. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: the difficulties in forecasting future sales caused by current economic and market conditions, the effect of military actions on government and corporate spending on information security products, spending patterns of, and appropriations to, U.S. government departments, the impact of our cost reduction programs and our refocused product line, the difficulties and uncertainties in successfully developing and introducing new products in emerging markets, market acceptance of our products, the impact of our sustained losses on our ability to successfully operate and grow our business, our stock price and the recent loss of our Nasdaq listing, our ability to generate sufficient cash flow or obtain additional financing on acceptable terms in order to fund ongoing liquidity needs, the highly competitive market for our products, the effects of sales and implementation cycles for our products on our quarterly results, difficulties in accurately estimating market growth, the consolidation of the information security industry, the impact of changing economic conditions, business conditions in the information security industry, our ability to manage acquisitions effectively, the impact of market peers and their products as well as risks concerning future technology and others identified in our Annual Report on Form 10-KSB, as amended, and other Securities and Exchange Commission filings. These filings can be obtained by contacting Intrusion Investor Relations.
Financial Contact Michael L. Paxton, VP, CFO 972.301.3658, mpaxton@intrusion.com INTRUSION INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands except par value amounts) June 30, December 31, 2008 2007 ASSETS Current Assets: Cash and cash equivalents $212 $362 Accounts receivable, net of allowance for doubtful accounts of $40 in 2008 and 2007 554 110 Inventories, net 83 146 Prepaid expenses 64 75 Total current assets 913 693 Property and equipment, net 121 144 Other assets 39 39 TOTAL ASSETS $1,073 $876 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities: Line of credit $- $100 Loan payable to officer 1,180 - Accounts payable and accrued expenses 736 688 Deferred revenue 266 312 Total current liabilities 2,182 1,100 Stockholders' Deficit: Preferred stock, $.01 par value: Authorized shares - 5,000 Series 1 shares issued and outstanding - 260 Liquidation preference of $1,347 as of June 30, 2008 918 918 Series 2 shares issued and outstanding - 460 Liquidation preference of $1,184 as of June 30, 2008 724 724 Series 3 shares issued and outstanding - 354 in 2008 Liquidation preference of $795 as of June 30, 2008 504 504 Common stock, $.01 par value: Authorized shares - 80,000 Issued shares - 11,648 Outstanding shares - 11,638 116 116 Common stock held in treasury, at cost - 10 shares (362) (362) Additional paid-in capital 55,475 55,527 Accumulated deficit (58,305) (57,472) Accumulated other comprehensive loss (179) (179) Total stockholders' deficit (1,109) (224) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $1,073 $876 INTRUSION INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands except per share amounts) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 Revenue $1,283 $1,003 $1,746 $2,095 Cost of revenue 440 393 620 814 Gross profit 843 610 1,126 1,281 Operating expenses: Sales and marketing 361 504 732 1,019 Research and development 195 388 710 811 General and administrative 230 248 496 475 Operating income (loss) 57 (530) (812) (1,024) Interest income (expense), net (16) (1) (22) 1 Other income - 1 - 1 Income (loss) before income taxes 41 (530) (834) (1,022) Income tax provision - - - - Net income (loss) 41 (530) (834) (1,022) Preferred stock dividends accrued (40) (43) (105) (86) Net income (loss) attributable to common stockholders $1 $(573) $(939) $(1,108) Net income (loss) per share attributable to common stockholders (basic and diluted) $0.00 $(0.06) $(0.08) $(0.12) Weighted average shares outstanding - Basic and Diluted 11,638 9,271 11,638 8,873
http://www.intrusion.com
Insiders put up another $500,000.
Intrusion Inc. Closes $500,000 Private Placement
Wednesday June 27, 5:29 pm ET
RICHARDSON, Texas, June 27 /PRNewswire-FirstCall/ -- Intrusion Inc. (OTC Bulletin Board: INTZ - News), today announced that it has closed a $500,000 private placement of its Common Stock. In the private placement, the Company sold 1,111,111 shares of common stock at a price of $0.45 per share; the price was based on the Company's Common Stock price at 110% of the average closing price per share for the twenty trading days ended on June 27, 2007.
G. Ward Paxton, the company's Chairman, President and Chief Executive Officer, and Michael L. Paxton, Vice President and Chief Financial Officer, invested an aggregate of $500,000 in the private placement
"Even though we made progress in the first quarter in the development of our business for our two product families, TraceCop and Compliance Commander, we are not satisfied with the rate of growth achieved," stated G. Ward Paxton, Chairman, President and CEO of Intrusion.
Well.... that makes two of us.
http://biz.yahoo.com/prnews/070510/dath022.html?.v=99
The insiders did it again. 500,000 shares at 110% of market price. They are serious about coming back up.
(but, I still send them hate mail lest they get lazy.)
The insiders put more money into this (at reasonable terms) and brought it up to the $0.60s. NOW, who's gonna step up and bring it to the $1.XXs?
Stockster chart to me
pump
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