Key Highlights

  • Intrusion Inc. (NASDAQ:INTZ) traded 33.17% higher at USD 0.6439 in trading on November 5, 2026, per published market data, on Volume of about 385,000 shares.
  • Nasdaq approved an additional 180-day period, to May 3, 2027, to regain the USD 1.00 minimum bid price after the November 3, 2026 deadline passed.
  • On November 2, 2026 the company exchanged USD 4.0 million of secured note principal for 4,000 Series B Preferred Shares carrying a 10% annual return.
  • Second-quarter 2026 Revenue fell 22% to USD 1.5 million, with a net loss of USD 2.6 million and cash of USD 0.2 million at June 30.

Listing Extension and Debt Exchange Lead the News

On November 4, 2026 Intrusion Inc. (NASDAQ:INTZ) disclosed that Nasdaq approved a second 180-day compliance period, running to May 3, 2027, after the company missed its initial November 3, 2026 deadline to hold a closing bid of at least USD 1.00. To cure the deficiency the stock must close at or above USD 1.00 for 10 consecutive Business days. The company still meets Nasdaq's other Capital Market requirements, so trading continues under the symbol INTZ. Two days earlier, on November 2, 2026, it agreed to swap USD 4.0 million of secured note principal owed to Streeterville Capital for 4,000 Series B preferred shares. In trading on November 5, 2026, per published market data, the shares were quoted at USD 0.6439, up 33.17%, with a Market Value near USD 15.78 million.

Financials, Funding and Management

Converting debt into preferred stock reduces the cash that must be repaid, though preferred shares carry a 10% annual preferred return and rank ahead of common stock. Recent results show a company still shrinking its losses slowly while funding itself in small pieces. First-quarter 2026 revenue was USD 0.9 million, down about 50%, with a net loss of USD 3.6 million, or USD 0.18 per share. Second-quarter revenue was USD 1.5 million, down 22%, with a net loss of USD 2.6 million, or USD 0.13 per share, and cash of just USD 0.2 million at June 30. Since then it issued a USD 1,615,000 secured note on August 28, 2026 and raised about USD 1.32 million from Warrant exercises at a reduced USD 0.795 price. The company bought the remaining 40% of its OW Cyber unit, which adds about USD 3.5 million of annual recurring revenue. Chief Executive Anthony Scott's agreement ends November 15, 2026 while a new contract is negotiated.

Dilution, Compliance and Reversal Risk

The extension buys time but does not fix the price. Roughly USD 0.64 sits well below USD 1.00, so a further reverse split is a common route for companies in this position, and a reverse split merges shares into fewer, higher-priced ones without changing value. Preferred shares, secured notes and discounted warrants all add claims on a small business, and any new Equity raise would dilute holders. Revenue remains tiny relative to losses. With modest volume, a small number of trades can move the price, spreads can be wide and quoted moves can reverse, so the gain should not be read as a trend. Investors should watch third-quarter results, news on the chief executive contract, further Streeterville transactions and any Nasdaq correspondence before May 3, 2027.

Where Things Stand

Intrusion (NASDAQ:INTZ) rose 33.17% on November 5, 2026 most plausibly because the Nasdaq extension to May 3, 2027 and the USD 4.0 million debt-to-preferred swap lowered near-term delisting and repayment pressure. Neither changes the business: revenue was USD 1.5 million last quarter, cash was USD 0.2 million at June 30 and the stock still trades below USD 1.00. Large one-day gains in a low-priced, lightly traded stock often fade. The next markers are third-quarter results, the CEO contract outcome and any step toward restoring the USD 1.00 bid.