share_log

Intrusion | 10-Q: Q3 2024 Earnings Report

Intrusion | 10-Q: Q3 2024 Earnings Report

Intrusion | 10-Q:2024財年三季報
美股SEC公告 ·  2024/11/13 07:57

Moomoo AI 已提取核心訊息

Intrusion Inc. reported Q3 2024 revenue of $1.5 million, a slight increase from $1.47 million in Q3 2023. The company's net loss improved to $2.05 million compared to $3.21 million in the prior year quarter, while gross profit margin remained stable at 77.1%. U.S. government sales represented 86% of total revenue for the quarter.Operating expenses decreased 17% year-over-year to $3.2 million, driven by cost reduction measures implemented in March 2023, including headcount reductions and reduced spending on litigation defense, sales and marketing. INTRUSION Shield revenues were flat year-over-year at $0.4 million but showed a 49% increase over Q2 2024.The company ended the quarter with $1.1 million in cash and a working capital deficit of $1.0 million. Management plans to fund operations through continued use of ATM offerings and additional equity financings. In July 2024, Intrusion entered into a $10 million Standby Equity Purchase Agreement with Streeterville Capital to provide additional funding flexibility.
Intrusion Inc. reported Q3 2024 revenue of $1.5 million, a slight increase from $1.47 million in Q3 2023. The company's net loss improved to $2.05 million compared to $3.21 million in the prior year quarter, while gross profit margin remained stable at 77.1%. U.S. government sales represented 86% of total revenue for the quarter.Operating expenses decreased 17% year-over-year to $3.2 million, driven by cost reduction measures implemented in March 2023, including headcount reductions and reduced spending on litigation defense, sales and marketing. INTRUSION Shield revenues were flat year-over-year at $0.4 million but showed a 49% increase over Q2 2024.The company ended the quarter with $1.1 million in cash and a working capital deficit of $1.0 million. Management plans to fund operations through continued use of ATM offerings and additional equity financings. In July 2024, Intrusion entered into a $10 million Standby Equity Purchase Agreement with Streeterville Capital to provide additional funding flexibility.
Intrusion Inc.報告2024年第三季度營業收入爲150萬美元,較2023年第三季度的147萬美元略有增加。公司的淨虧損改善至205萬美元,而去年同期爲321萬美元,毛利潤率保持在77.1%。美國政府銷售佔該季度總營業收入的86%。營業費用同比下降17%,降至320萬美元,這歸因於2023年3月實施的成本削減措施,包括裁員和減少訴訟、銷售及市場營銷方面的支出。INTRUSION Shield的營業收入與去年持平,爲40萬美元,但較2024年第二季度增長了49%。公司在本季度結束時現金爲110萬美元,營運資金虧損爲100萬美元。管理層計劃通過繼續使用ATm融資和額外的股權融資來爲運營提供資金。在2024年7月,Intrusion與Streeterville Capital簽署了一項1000萬美元的備用股權購買協議,以提供額外的資金靈活性。
Intrusion Inc.報告2024年第三季度營業收入爲150萬美元,較2023年第三季度的147萬美元略有增加。公司的淨虧損改善至205萬美元,而去年同期爲321萬美元,毛利潤率保持在77.1%。美國政府銷售佔該季度總營業收入的86%。營業費用同比下降17%,降至320萬美元,這歸因於2023年3月實施的成本削減措施,包括裁員和減少訴訟、銷售及市場營銷方面的支出。INTRUSION Shield的營業收入與去年持平,爲40萬美元,但較2024年第二季度增長了49%。公司在本季度結束時現金爲110萬美元,營運資金虧損爲100萬美元。管理層計劃通過繼續使用ATm融資和額外的股權融資來爲運營提供資金。在2024年7月,Intrusion與Streeterville Capital簽署了一項1000萬美元的備用股權購買協議,以提供額外的資金靈活性。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息