Intrusion | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 1.966 M

Revenue: As of FY2025 Q3, the actual value is USD 1.966 M, beating the estimate of USD 1.908 M.

EPS: As of FY2025 Q3, the actual value is USD -0.1, missing the estimate of USD -0.095.

EBIT: As of FY2025 Q3, the actual value is USD -2.178 M.

Revenue

• Three Months Ended September 30, 2025: $1.97 million, up 31% from $1.50 million in the same period in 2024.
• Nine Months Ended September 30, 2025: $5.61 million, up 37% from $4.10 million in the same period in 2024.

Cost of Revenue

• Three Months Ended September 30, 2025: $0.46 million, up 34% from $0.34 million in the same period in 2024.
• Nine Months Ended September 30, 2025: $1.34 million, up 45% from $0.92 million in the same period in 2024.

Gross Profit

• Three Months Ended September 30, 2025: $1.51 million, up 30% from $1.16 million in the same period in 2024.
• Nine Months Ended September 30, 2025: $4.28 million, up 35% from $3.18 million in the same period in 2024.
• Gross Profit Margin: 76.6% for the three months ended September 30, 2025, compared to 77.1% in the same period in 2024. 76.2% for the nine months ended September 30, 2025, compared to 77.5% in the same period in 2024.

Operating Expenses

• Sales and Marketing: $1.27 million for the three months ended September 30, 2025, up 5% from $1.21 million in the same period in 2024. $3.66 million for the nine months ended September 30, 2025, up 3% from $3.54 million in the same period in 2024.
• Research and Development: $1.33 million for the three months ended September 30, 2025, up 16% from $1.15 million in the same period in 2024. $3.88 million for the nine months ended September 30, 2025, up 21% from $3.20 million in the same period in 2024.
• General and Administrative: $1.04 million for the three months ended September 30, 2025, up 24% from $0.84 million in the same period in 2024. $3.05 million for the nine months ended September 30, 2025, up 3% from $2.97 million in the same period in 2024.
• Total Operating Expenses: $3.64 million for the three months ended September 30, 2025, up 14% from $3.20 million in the same period in 2024. $10.59 million for the nine months ended September 30, 2025, up 9% from $9.72 million in the same period in 2024.

Operating Loss

• Three Months Ended September 30, 2025: -$2.14 million, compared to -$2.04 million in the same period in 2024.
• Nine Months Ended September 30, 2025: -$6.32 million, compared to -$6.54 million in the same period in 2024.

Interest Expense

• Three Months Ended September 30, 2025: -$0.02 million, compared to -$0.01 million in the same period in 2024.
• Nine Months Ended September 30, 2025: -$0.07 million, compared to -$0.27 million in the same period in 2024.

Net Loss

• Three Months Ended September 30, 2025: -$2.09 million, compared to -$2.05 million in the same period in 2024.
• Nine Months Ended September 30, 2025: -$6.23 million, compared to -$5.83 million in the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: -$6.23 million for the nine months ended September 30, 2025, compared to -$6.12 million in the same period in 2024.
• Net Cash Used in Investing Activities: -$4.19 million for the nine months ended September 30, 2025, compared to -$1.05 million in the same period in 2024.
• Net Cash Provided by Financing Activities: $8.09 million for the nine months ended September 30, 2025, compared to $8.08 million in the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Intrusion Inc. plans to continue leveraging its threat intelligence database and expanding its customer base for its INTRUSION Shield product. The company aims to secure additional financing to support its operations and growth.
• Non-Core Business: The company does not have any significant non-core business activities or divestitures planned at this time.