Intrusion Secures New $3.23 Million Secured Promissory Note

Intrusion ( (INTZ) ) has shared an update.

On April 6, 2026, Intrusion Inc. entered into a Note Purchase Agreement with Streeterville Capital, issuing a secured promissory note with an original principal of $3.23 million for $3 million in cash proceeds, reflecting an original issue discount and expenses. The two-year note carries 7% interest, is secured by a first-priority lien on all company assets and intellectual property, and includes a monitoring fee increase to the balance, monthly redemption rights for the investor starting after six months, and restrictive covenants that may constrain Intrusion’s future financing flexibility while shoring up near-term liquidity.

The agreement requires Intrusion to maintain SEC reporting compliance, keep its stock listed on a national exchange, limit variable-rate or other restricted securities without investor consent, and grant Streeterville participation rights in future financings. These terms underscore the company’s reliance on secured debt backed by its entire asset base, signaling both an urgent need for capital and tighter operational and capital-raising constraints that existing shareholders and creditors will need to monitor closely.

The most recent analyst rating on (INTZ) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Intrusion stock, see the INTZ Stock Forecast page.

Spark’s Take on INTZ Stock

According to Spark, TipRanks’ AI Analyst, INTZ is a Neutral.

INTZ scores low primarily due to persistent operating losses and ongoing cash burn despite strong gross margins and improved leverage. Technicals add pressure with the stock trading below key moving averages and weak momentum. The earnings call provided some constructive catalysts (delayed revenue expected in H1 2026 and a breakeven target), but near-term liquidity and execution risks remain significant, and valuation is constrained by negative earnings.

To see Spark’s full report on INTZ stock, click here.

More about Intrusion

Intrusion Inc., a Delaware-based company, operates in the cybersecurity and network protection sector, focusing on products and services that secure digital assets and intellectual property for enterprise and government customers. Its operations rely heavily on maintaining intellectual property portfolios and listed equity access to support financing and growth initiatives in a competitive security technology market.

Average Trading Volume: 151,420

Technical Sentiment Signal: Sell

Current Market Cap: $16.9M

For a thorough assessment of INTZ stock, go to TipRanks’ Stock Analysis page.