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An update from Intrusion ( (INTZ) ) is now available.
On January 15, 2025, Intrusion Inc. announced an update regarding its financial position, highlighting actions that resulted in $14.5 million in proceeds and the elimination of $10.1 million of Series A Preferred Stock. This financial restructuring ensures the company has sufficient capital to operate through 2025 without raising additional funds. The improved balance sheet allows Intrusion to focus on expanding its customer base and pursuing sustainable growth, as stated by CEO Tony Scott.
More about Intrusion
Intrusion Inc. is a cybersecurity company based in Plano, Texas, known for its cyberattack prevention solutions. The company provides a threat intelligence database with data on over 8.5 billion IP addresses. In 2021, it launched its first commercial product, Intrusion Shield, which enhances security by blocking malicious connections to protect against Zero-Day and ransomware attacks.
YTD Price Performance: -43.12%
Average Trading Volume: 7,675,256
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $37.71M
See more data about INTZ stock on TipRanks’ Stock Analysis page.
