Sitka Discovers Third Intrusion-Related Gold Deposit; Drills 152.1 Metres of 1.00 g/t Gold from Surface, Including 9.0 Metres of 4.23 g/t Gold, at Its Rhosgobel Target, RC Gold Project, YukonAugust 05, 2025 4:30 AM EDT | Source: Sitka Gold Corp.First drill holes of 2025 completed at Rhosgobel return up to 152.1 m of 1.00 g/t Au from surface, including 9.0 m of 4.23 g/t Au and 10.0 m of 2.75 g/t Au in DDRCRG-25-003DDRCRG-25-005 intersected 114.8 m of 1.11 g/t Au from surface, including 8.6 m of ...

Company Performance - Intrusion Inc. (INTZ) shares decreased by 5.43% to $2.09, underperforming the S&P 500's slight loss of 0.01% on the same day [1] - Over the past month, the company's shares fell by 0.9%, lagging behind the Computer and Technology sector's gain of 7.44% and the S&P 500's gain of 5.37% [1] Upcoming Earnings - The upcoming earnings disclosure is expected to show an EPS of -$0.09, which represents an 83.02% improvement compared to the same quarter last year [2] - Revenue is projected to be $1.8 million, reflecting a 23.29% increase from the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$0.36 and revenue of $7.65 million, indicating increases of 77.91% and 32.56% respectively compared to the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Intrusion Inc. are important as they reflect changes in short-term business dynamics, with positive revisions indicating analyst optimism [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a track record of outperformance, with 1 stocks averaging a return of +25% annually since 1988 [6] - Intrusion Inc. currently holds a Zacks Rank of 3 (Hold), with the Consensus EPS estimate remaining unchanged over the past month [6] Industry Context - The Computer - Networking industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 46, placing it in the top 19% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Company Performance - Intrusion Inc. (INTZ) closed at $2.09, reflecting a -9.52% change from the previous day, underperforming compared to the S&P 500's loss of 0.33% [1] - Over the past month, shares of Intrusion Inc. increased by 6.94%, outperforming the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07% [1] Earnings Forecast - The upcoming earnings disclosure is anticipated to show an EPS of -$0.09, indicating an 83.02% growth compared to the same quarter last year [2] - The consensus estimate projects revenue of $1.8 million, reflecting a 23.29% increase from the equivalent quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates for the full year predict earnings of -$0.36 per share and revenue of $7.65 million, representing year-over-year changes of +77.91% and +32.56%, respectively [3] Analyst Sentiment - Recent changes to analyst estimates for Intrusion Inc. suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Intrusion Inc. as 3 (Hold) [6] Industry Context - The Computer - Networking industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 69, placing it in the top 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - Intrusion Inc. (INTZ) closed at $2.23, down 5.51% from the previous trading session, underperforming the S&P 500's gain of 0.52% [1] - Over the past month, shares of Intrusion Inc. have increased by 74.82%, significantly outperforming the Computer and Technology sector's gain of 9.55% and the S&P 500's gain of 5.95% [1] Earnings Estimates - The upcoming earnings per share (EPS) for Intrusion Inc. is projected at -$0.09, which represents an 83.02% increase compared to the same quarter last year [2] - The consensus estimate for revenue is $1.8 million, reflecting a 23.29% increase from the prior-year quarter [2] - For the annual period, the Zacks Consensus Estimates predict an EPS of -$0.36 and revenue of $7.65 million, indicating increases of 77.91% and 32.56% respectively from the previous year [3] Analyst Estimates and Rankings - Recent modifications to analyst estimates for Intrusion Inc. are crucial as they reflect near-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average of +25% annually since 1988 [5][6] - Intrusion Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [6] Industry Context - The Computer - Networking industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 181, placing it in the bottom 27% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Overview - Intrusion Inc offers cybersecurity solutions, including Intrusion Shield, leveraging proprietary threat intelligence and AI-based analysis[10, 36] - The company's technology includes a database with historical data on over 85 billion IPs[10] - Intrusion's solutions protect against inbound and outbound threats, identify threats in real-time, and optionally block malicious connections[9] Business Highlights - In 2025, Intrusion took actions to strengthen its balance sheet, resulting in $145 million in proceeds and the elimination of $101 million notional value of Series A Preferred Stock[21] - In 2024, Intrusion signed 20 new Intrusion Shield logos[24] - Intrusion signed a $20 million contract with the U S Department of Defense to support cybersecurity efforts[24] Market and Product - The cybersecurity market is experiencing growing demand, with economic impact of cybercrime reaching $105 trillion[26] - Intrusion Shield Command Hub harnesses AI for smarter cybersecurity[24] - Intrusion offers Shield OnPremise, Shield Cloud, and Shield Endpoint to protect various network environments[47] Financials - As of March 31, 2025, Intrusion had $107 million in cash and cash equivalents and $179 million in net equity[55] - Total common stock outstanding as of March 31, 2025, was 19,895,095 shares, with affiliates holding 40%[58] - Intrusion's revenue for the first quarter of 2025 was $18 million[59]

Intrusion (INTZ) Q1 2025 Earnings Call April 29, 2025 09:48 PM ET Speaker0 Welcome to Intrusion Inc. First Quarter twenty twenty five Earnings Conference Call and Webcast. At this time, all participant lines are in a listen only mode. For those of you participating in the conference call, there will be an opportunity for questions at the end of today's prepared comments. Please note this conference call is being recorded. An audio replay of the conference call will be available on the company's website with ...

Core Viewpoint - Intrusion Inc. reported a quarterly loss of $0.11 per share, aligning with the Zacks Consensus Estimate, and showing improvement from a loss of $0.94 per share a year ago [1] - The company generated revenues of $1.78 million for the quarter, exceeding the Zacks Consensus Estimate by 7.25%, compared to $1.13 million in the same quarter last year [2] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [1] - Revenues have also topped consensus estimates two times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.09 on revenues of $1.8 million, and for the current fiscal year, it is -$0.39 on revenues of $7.5 million [7] Stock Performance - Intrusion shares have declined approximately 55.8% since the beginning of the year, contrasting with the S&P 500's decline of 6% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The Computer - Networking industry, to which Intrusion belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Intrusion (INTZ) Q1 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants Joshua Carroll - Vice PresidentTony Scott - President & CEOKimberly Pinson - CFOWalter Schenker - Principal Conference Call Participants Scott Buck - Managing Director & Senior Technology AnalystEdward Woo - Director of Research & Senior AnalystAaron Warwick - Co-Founder & Stock Analyst Operator Welcome to Intrusion Inc. First Quarter twenty twenty five Earnings Conference Call and Webcast. At this time, all participant l ...

Revenue Performance - Revenue for the three-month period ended March 31, 2025, was $1.775 million, a 56.9% increase from $1.131 million in the same period in 2024[79] - Consulting services revenue totaled $1.4 million for the three months ended March 31, 2025, compared to $0.7 million for the same period in 2024[79] - INTRUSION Shield revenues were $0.4 million for both the three-month periods ended March 31, 2025, and 2024, with a significant customer loss impacting revenue[79] - Revenues from U.S. government entities accounted for 91.6% of total revenues for the quarter ended March 31, 2025, up from 58.6% in the same period in 2024[81] Profitability and Loss - Gross profit was $1.343 million, or 75.7% of revenues, for the quarter ended March 31, 2025, compared to $0.905 million, or 80.0% of revenues, for the same period in 2024[82] - Net loss for the first quarter of 2025 was $2.098 million, or $0.11 per share, compared to a net loss of $1.716 million, or $0.94 per share, for the first quarter of 2024[90] Expenses - Operating expenses totaled $3.4 million for the quarter ended March 31, 2025, unchanged from the same period in 2024[83] - Research and development expenses totaled $1.218 million for the quarter ended March 31, 2025, an increase of 19.5% compared to the same period in 2024[85] Cash and Financing - Cash and cash equivalents increased to $10.7 million as of March 31, 2025, up from $4.9 million as of December 31, 2024[91] - Net cash provided by financing activities was $8.37 million for the three months ended March 31, 2025, compared to $1.524 million for the same period in 2024[98] Accounting Policies - The unaudited condensed consolidated financial statements are prepared in accordance with U.S. GAAP, requiring estimates and assumptions that impact reported amounts of assets, liabilities, revenue, and expenses[99] - There have been no significant changes to critical accounting policies and estimates since the 2024 Annual Report[100] - The company evaluates its estimates and assumptions on an ongoing basis, acknowledging that actual results may differ from these estimates[99]

[Intrusion Inc. First Quarter 2025 Earnings Release](index=1&type=section&id=Intrusion%20Inc.%20First%20Quarter%202025%20Earnings%20Release) [Financial & Business Highlights](index=1&type=section&id=Financial%20%26%20Business%20Highlights) Intrusion Inc. achieved its fourth consecutive quarter of revenue growth, significantly strengthening its balance sheet and securing funding into 2026 [Management Commentary](index=1&type=section&id=Management%20Commentary) CEO Tony Scott emphasized the company's progress towards sustainable growth, a strengthened balance sheet, and unaffected government contracts - The company has secured sufficient cash to fund operations into **2026**, eliminating the need for additional capital raising in **2025**[2](index=2&type=chunk) - Management's core priorities include enhancing products, expanding the customer base, and strengthening the sales pipeline[2](index=2&type=chunk) - Existing government contracts remain unaffected despite some U.S. policy uncertainty[2](index=2&type=chunk) [Key Achievements](index=1&type=section&id=Key%20Achievements) Intrusion achieved its fourth consecutive quarter of revenue improvement, generating $14.5 million and eliminating all debt - Achieved a **fourth consecutive quarter of revenue improvement**[9](index=9&type=chunk) - Strategic measures in Q4 2024 and Q1 2025 generated **$14.5 million** in proceeds and retired **$10.1 million** of Series A Preferred Stock[9](index=9&type=chunk) - Eliminated all remaining debt during **Q1 2025** through an exchange for common stock[9](index=9&type=chunk) [Q1 2025 Financial Performance](index=1&type=section&id=Q1%202025%20Financial%20Performance) Q1 2025 revenue reached $1.8 million with a 76% gross margin, resulting in a $2.1 million net loss and $10.7 million cash Q1 2025 Key Financial Metrics (In millions, except per share amounts and percentages) | Metric | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | Revenue | ~$1.8 million | $1.131 million | +59% YoY | | Gross Profit Margin | 76% | 80% | -4 p.p. | | Operating Expenses | $3.4 million | $3.4 million | Unchanged YoY | | Net Loss | $2.1 million | $1.7 million | Increased Loss | | Net Loss per Share | $(0.11) | $(0.94) | - | | Cash and Cash Equivalents (End of Period) | $10.7 million | N/A | - | - The **6% sequential revenue increase** was driven by new customers, including a U.S. Department of Defense award[3](index=3&type=chunk) - The increase in net loss for **2025** was primarily due to a one-time net interest credit of **$0.8 million** recorded in **Q1 2024** related to a debt-for-equity exchange[6](index=6&type=chunk) - Cash and cash equivalents improved to **$10.7 million** as of **March 31, 2025**, due to capital transactions in late **Q4 2024** and **Q1 2025**[7](index=7&type=chunk) [Financial Statements](index=3&type=section&id=Financial%20Statements) Unaudited Q1 2025 financial statements show total assets of $18.0 million, liabilities of $4.6 million, and a net loss of $2.1 million [INTRUSION INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS](index=4&type=section&id=INTRUSION%20INC.%20AND%20SUBSIDIARIES%20UNAUDITED%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) Q1 2025 statements show revenue of $1.775 million, gross profit of $1.343 million, and a net loss of $2.098 million or ($0.11) per share Unaudited Condensed Consolidated Statements of Operations (In thousands, except per share amounts) | | Three Months Ended March 31, | | | :--- | :--- | :--- | | | **2025** | **2024** | | **Revenue** | **$1,775** | **$1,131** | | Gross profit | $1,343 | $905 | | Operating loss | $(2,093) | $(2,472) | | **Net loss** | **$(2,098)** | **$(1,716)** | | **Net loss per share (Basic & Diluted)** | **$(0.11)** | **$(0.94)** | | Weighted average common shares outstanding (Basic & Diluted) | 19,216 | 1,865 | [INTRUSION INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS](index=3&type=section&id=INTRUSION%20INC.%20AND%20SUBSIDIARIES%20CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of March 31, 2025, total assets increased to $18.0 million, liabilities decreased to $4.6 million, and equity grew to $13.4 million Condensed Consolidated Balance Sheets Highlights (In thousands) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **ASSETS** | | | | Cash and cash equivalents | $10,744 | $4,851 | | Total current assets | $12,076 | $5,534 | | **Total Assets** | **$17,982** | **$11,509** | | **LIABILITIES & EQUITY** | | | | Total current liabilities | $3,045 | $3,672 | | Total liabilities | $4,581 | $5,258 | | **Total stockholders' equity** | **$13,401** | **$6,251** | | **Total Liabilities and Stockholders' Equity** | **$17,982** | **$11,509** | [Additional Information](index=1&type=section&id=Additional%20Information) This section provides conference call details, a corporate overview of Intrusion Inc. and its products, and forward-looking statements [Conference Call Information](index=1&type=section&id=Conference%20Call) A conference call and webcast were scheduled for April 29, 2025, at 5:00 P.M. EDT to discuss financial results - A conference call to discuss results was scheduled for **5:00 P.M. EDT** on **April 29, 2025**[1](index=1&type=chunk)[8](index=8&type=chunk) - A replay of the call will be accessible until **May 13, 2025**[8](index=8&type=chunk) [About Intrusion Inc.](index=2&type=section&id=About%20Intrusion%20Inc.) Intrusion Inc. is a Plano, Texas-based cybersecurity company leveraging a threat intelligence database and offering its Zero Trust product, Intrusion Shield - The company's core offering is access to its threat intelligence database with historical data on over **8.5 billion IP addresses**[10](index=10&type=chunk) - Its commercial product, Intrusion Shield, is a Zero Trust solution blocking malicious traffic to protect against zero-day and ransomware attacks[10](index=10&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Information) This section contains forward-looking statements regarding the company's financial position and strategies, subject to inherent risks and uncertainties - The report includes forward-looking statements regarding financial position, strategy, and sales, which are not guarantees of future performance[11](index=11&type=chunk) - Readers are advised not to place undue reliance on these statements and to refer to SEC filings for a full description of risks[12](index=12&type=chunk)