Key Highlights

  • Intrusion Inc. (NASDAQ:INTZ) rose 33.17% to USD 0.6439 in trading on November 5, 2026, according to published market data, with Volume near 385,000 shares.
  • Nasdaq authorized an extra 180-day window, running to May 3, 2027, to get back above the USD 1.00 minimum bid price after the November 3, 2026 deadline passed.
  • On November 2, 2026, the company swapped USD 4.0 million of secured note principal for 4,000 Series B Preferred Shares that carry a 10% annual return.
  • Second-quarter 2026 Revenue declined 22% to USD 1.5 million, producing a net loss of USD 2.6 million and cash of USD 0.2 million as of June 30.

Nasdaq Extension and Debt Exchange Take Center Stage

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

Financials, Funding and Leadership

Turning debt into preferred stock lowers the cash that must be repaid, although preferred shares carry a 10% annual preferred return and rank ahead of common stock. Results show a company still trimming losses slowly while raising funds in small increments. First-quarter 2026 revenue was USD 0.9 million, down roughly 50%, with a net loss of USD 3.6 million, or USD 0.18 per share. Second-quarter revenue reached USD 1.5 million, down 22%, with a net loss of USD 2.6 million, or USD 0.13 per share, and cash of only USD 0.2 million at June 30. Since then the company issued a USD 1,615,000 secured note on August 28, 2026 and raised about USD 1.32 million through Warrant exercises at a reduced price of USD 0.795. It purchased the remaining 40% of its OW Cyber unit, which contributes roughly USD 3.5 million of annual recurring revenue. Chief Executive Anthony Scott's contract expires November 15, 2026 while a replacement agreement is under negotiation.

Dilution, Compliance and Reversal Risk

The extension buys time but leaves the price unresolved. Roughly USD 0.64 sits well below USD 1.00, so a further reverse split is a common path for companies in this position. A reverse split consolidates shares into fewer, higher-priced ones without changing overall 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 few trades can move the price, spreads can be wide and quoted moves can reverse, so the gain should not be treated as a trend. Investors should watch third-quarter results, news on the chief executive contract, further Streeterville transactions and any Nasdaq correspondence ahead of May 3, 2027.

Where Things Stand

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