INTRUSION INC
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
INTZ$0.55+3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets on December 31, 2023, and 2022
CONSOLIDATED BALANCE SHEETS
(In thousands, except par value amounts)
| 2023 | 2022 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $139 | $3,015 |
| Accounts receivable, net | 364 | 530 |
| Prepaid expenses and other assets | 635 | 1,877 |
| Total current assets | 1,138 | 5,422 |
| Noncurrent Assets: | ||
| Property and equipment: | ||
| Equipment | 2,069 | 2,865 |
| Capitalized software development | 2,791 | 1,380 |
| Furniture and fixtures | – | 43 |
| Leasehold improvements | 15 | 78 |
| Property and equipment, gross | 4,875 | 4,366 |
| Accumulated depreciation and amortization | (1,955) | (2,208) |
| Property and equipment, net | 2,920 | 2,158 |
| Finance leases, right-of-use assets, net | 382 | 1,048 |
| Operating leases, right-of-use assets, net | 1,637 | 504 |
| Other assets | 171 | 143 |
| Total noncurrent assets | 5,110 | 3,853 |
| TOTAL ASSETS | $6,248 | $9,275 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current Liabilities: | ||
| Accounts payable, trade | $2,215 | $1,273 |
| Accrued expenses | 222 | 446 |
| Finance lease liabilities, current portion | 384 | 667 |
| Operating lease liabilities, current portion | 178 | 294 |
| Notes payable | 10,823 | 10,114 |
| Deferred revenue | 439 | 455 |
| Total current liabilities | 14,261 | 13,249 |
| Noncurrent Liabilities: | ||
| Finance lease liabilities, noncurrent portion | 3 | 10 |
| Operating lease liabilities, noncurrent portion | 1,539 | 231 |
| Total noncurrent liabilities | 1,542 | 241 |
| Commitments and Contingencies – (See Note 7) | – | – |
| Stockholders’ Deficit: | ||
| Preferred stock, $0.01 par value: Authorized shares – 5,000; Issued shares – 0 in 2023 and 2022 | – | – |
| Common stock, $0.01 par value: Authorized shares – 80,000; Issued shares – 1,791 in 2023 and 1,060 in 2022; Outstanding shares – 1,790 in 2023 and 1,059 in 2022 | 18 | 11 |
| Common stock held in treasury, at cost – 1 shares | (362) | (362) |
| Additional paid-in capital | 101,049 | 92,505 |
| Accumulated deficit | (110,217) | (96,326) |
| Accumulated other comprehensive loss | (43) | (43) |
| Total stockholders’ deficit | (9,555) | (4,215) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $6,248 | $9,275 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.