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 ...

A quarter ago, it was expected that this company would post a loss of $0.23 per share when it actually produced a loss of $0.36, delivering a surprise of -56.52%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Intrusion Inc. (INTZ) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.94 per share a year ago. These figures are adjusted for non-recurring items. It will be interesting to see how estim ...

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]

Exhibit 99.1 Intrusion Inc. Reports First Quarter 2025 Results Company continues to make steady progress toward sustainable growth and profitability PLANO, Texas, April 29, 2025 (ACCESSWIRE) -- Intrusion Inc. (NASDAQ: INTZ) ("Intrusion" or the "Company"), a leader in cyberattack prevention solutions, announced today financial results for the first quarter ended March 31, 2025. The gross profit margin was 76% for the first quarter of 2025, compared to 80% for the first quarter of 2024. Gross margin varies ba ...

Intrusion Inc. (INTZ) is scheduled to report first-quarter 2025 results  on April 29, after the closing bell. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) The Zacks Consensus Estimate for revenues is pegged at $1.7 million, indicating an increase of 46.5% from a year ago.The Zacks Consensus Estimate for the fourth-quarter bottom line is pegged at a loss of 18 cents per share, unchanged in the past 30 days. The company incurred a loss of 94 cents per share in the year-ago quarter ...

Core Insights - The 2025 Data Breach Investigations Report (DBIR) reveals a significant increase in global data breaches, particularly in the EMEA region, where system intrusion breaches have nearly doubled to 53% [1][7] EMEA Findings - EMEA experienced a 53% surge in system intrusion breaches, up from 27% the previous year [7] - 29% of breaches in EMEA originated from within organizations, with 19% due to unintentional mistakes and 8% from misuse [7] - Internal threats in EMEA decreased by 41% in 2025, despite the region having the highest percentage of breaches caused by internal actors [2] - Social engineering, particularly phishing, was the second-most common incident pattern, appearing in 19% of breaches in EMEA [7] - Ransomware attacks rose by 37% since last year, now present in 44% of breaches [7] Global Findings - The report analyzed over 22,000 security incidents, including 12,195 confirmed data breaches [2] - Third-party involvement in breaches doubled to 30% [2] - There was a 34% increase in vulnerability exploitation globally, with a focus on zero-day exploits targeting perimeter devices and VPNs [7] - Manufacturing saw a nearly sixfold increase in espionage-motivated breaches, rising to 20% from 3% [6] - Retail organizations faced a 15% increase in cyber incidents, with attackers shifting focus from payment card data to customer credentials and business plans [7] Recommendations - Organizations are urged to strengthen internal cybersecurity measures, foster a culture of security awareness, and implement robust access controls and zero-trust frameworks [3] - A multi-layered defense strategy is emphasized, including strong password policies, timely patching of vulnerabilities, and comprehensive security awareness training for employees [6]

Company Performance - Intrusion Inc. (INTZ) closed at $1.14, showing no change from the previous trading day, while the S&P 500 declined by 1.97% [1] - Over the past month, Intrusion Inc. shares increased by 5.56%, outperforming the Computer and Technology sector's loss of 4.83% and the S&P 500's loss of 2.79% [1] Upcoming Earnings - The upcoming EPS for Intrusion Inc. is projected at -$0.18, representing an 80.85% increase compared to the same quarter last year [2] - Revenue is estimated to be $1.66 million, indicating a 46.46% increase year-over-year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of -$0.39 per share and revenue of $7.5 million, reflecting changes of +76.07% and +29.96% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Intrusion Inc. are important 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 incorporates these estimate changes, currently ranks Intrusion Inc. as 2 (Buy) [6] Industry Context - The Computer - Networking industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 22, placing it in the top 9% 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]

Transition Metals Hits Thick Layered Intrusion with Anomalous Mineralization at Saturday Night Project, Thunder Bay, OntarioMarch 26, 2025 8:15 AM EDT | Source: Transition Metals Corp.Hole SN-25-02 intersected 14.00m grading 1.04 g/t PGEs (Au + Pt + Pd) with 0.19% Cu, including 1.86m grading 2.55 g/t PGEs with 0.46% C. Drilling to date indicates a large Midcontinental Rift-style intrusion, suggesting the potential for a sizable mineralized system comparable in scale to the nearby Sunday Lake D ...

Company Performance - Intrusion Inc. (INTZ) ended the latest trading session at $1.19, reflecting a +0.85% adjustment from the previous day's close, which lagged behind the S&P 500's 1.08% gain [1] - Over the past month, shares of Intrusion Inc. have decreased by 21.85%, while the Computer and Technology sector and the S&P 500 have lost 13.17% and 8.26%, respectively [1] Upcoming Earnings - Analysts expect Intrusion Inc. to report earnings of -$0.18 per share in the upcoming earnings disclosure, indicating a year-over-year growth of 80.85% [2] - The consensus estimate for revenue is projected at $1.66 million, representing a 46.46% increase compared to the same quarter last year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of -$0.39 per share and revenue of $7.5 million, showing changes of +76.07% and +29.96% from the previous year, respectively [3] Analyst Projections - Recent shifts in analyst projections for Intrusion Inc. are important for investors as they reflect changing business trends and analysts' confidence in the company's performance [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [6] - The Zacks Consensus EPS estimate for Intrusion Inc. has increased by 45% in the past month, and the company currently holds a Zacks Rank of 2 (Buy) [6] Industry Overview - The Computer - Networking industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 27, placing it in the top 11% 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]

Intrusion Inc. (INTZ) incurred a fourth-quarter 2024 loss of 36 cents per share compared with a loss of $1.80 a year ago. The narrower net loss was attributable to lower operating and interest expenses. However, the bottom line was wider than the Zacks Consensus Estimate of a loss of 23 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues totaled $1.7 million, up 22.7% year over year and 11% on a sequential basis. The Zacks Consensus Estimate for revenues was peg ...