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Intrusion | 10-Q: Q2 2024 Earnings Report

Intrusion | 10-Q: Q2 2024 Earnings Report

Intrusion | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/15 00:59

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Intrusion Inc. reported Q2 2024 financial results with revenue of $1.46 million, nearly flat compared to $1.47 million in Q2 2023. Net loss narrowed to $2.07 million from $3.13 million year-over-year. Gross profit was $1.11 million with a 76% margin.Operating expenses decreased 23% to $3.14 million due to cost reduction measures implemented in March 2023, including headcount reductions and reduced spending on sales, marketing and R&D. Cash and cash equivalents stood at $1.51 million as of June 30, 2024.The company raised $6.5 million in Q2 through equity offerings and warrant exercises. Management plans to continue funding operations through ATM sales and equity financings. Intrusion also entered a $10 million standby equity purchase agreement in July to provide additional funding flexibility.
Intrusion Inc. reported Q2 2024 financial results with revenue of $1.46 million, nearly flat compared to $1.47 million in Q2 2023. Net loss narrowed to $2.07 million from $3.13 million year-over-year. Gross profit was $1.11 million with a 76% margin.Operating expenses decreased 23% to $3.14 million due to cost reduction measures implemented in March 2023, including headcount reductions and reduced spending on sales, marketing and R&D. Cash and cash equivalents stood at $1.51 million as of June 30, 2024.The company raised $6.5 million in Q2 through equity offerings and warrant exercises. Management plans to continue funding operations through ATM sales and equity financings. Intrusion also entered a $10 million standby equity purchase agreement in July to provide additional funding flexibility.
Intrusion Inc.报告了2024年第2季度的财务结果,营业收入为146万美元,几乎与2023年第2季度的147万美元持平。净亏损从去年的313万美元收窄至207万美元。毛利润为111万美元,毛利率为76%。营业费用因2023年3月实施的成本控制措施而下降23%,降至314万美元,包括减少员工人数以及减少在销售、市场营销和研发上的支出。截至2024年6月30日,现金及现金等价物为151万美元。公司在第2季度通过股票发行和认股权证行使筹集了650万美元。管理层计划继续通过ATM销售和股权融资来资助运营。Intrusion还在7月签署了一项1000万美元的备用股权购买协议,以提供额外的资金灵活性。
Intrusion Inc.报告了2024年第2季度的财务结果,营业收入为146万美元,几乎与2023年第2季度的147万美元持平。净亏损从去年的313万美元收窄至207万美元。毛利润为111万美元,毛利率为76%。营业费用因2023年3月实施的成本控制措施而下降23%,降至314万美元,包括减少员工人数以及减少在销售、市场营销和研发上的支出。截至2024年6月30日,现金及现金等价物为151万美元。公司在第2季度通过股票发行和认股权证行使筹集了650万美元。管理层计划继续通过ATM销售和股权融资来资助运营。Intrusion还在7月签署了一项1000万美元的备用股权购买协议,以提供额外的资金灵活性。
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