Intrusion Inc. · NASDAQ:INTZ
Intrusion — IPO Roadshow (August 2023)
22 slides from Intrusion's IPO roadshow presentation, Aug 28, 2023
Slide 1: Intrusion Overview Second Quarter 2023 Update
1 Unrivaled Intelligence for Cyber Defense Teams Intrusion Overview Second Quarter 2023 Update
Slide 2: Disclaimer
2 This presentation has been prepared by Intrusion Inc. (the “Company”) solely for informational purposes based on its own info rma tion, as well as information from public sources. This presentation has been prepared to assist interested parties in making their own evaluation of the Company and doe
Slide 3: What We Do
3 Protect against threats that are leaking through or evading other parts of the cybersecurity stack already in place Identify threats relevant to the customer’s environment in real time Block malicious connections automatically – and without creating false alerts Analyze BOTH incoming and outgoing
Slide 4: Largest Known IP-Related Database with historical data on over 8.5 billion IPs
4 Largest Known IP - Related Database with historical data on over 8.5 billion IPs A Cyber Threat Intelligence Engine 30 Years in the Making Proprietary database with history and intel on billions of IPs and hostnames 8.5+ billion IPs Proprietary Threat Intelligence from decades of networking and go
Slide 5: Intrusion Milestones
5 30 years of securing networks, threat hunting, and analysis expertise Intrusion Milestones 2021 1983 1996 2022 Intrusion Founded Launch of First Commercial Product, Shield Appliance Beginning of Categorized and Recorded Internet Traffic Intrusion Shield Cloud and Endpoint Solutions Released Tony S
Slide 6: Tony Scott, CEO
6 CIO | Federal Government CIO | Microsoft CIO | The Walt Disney Company CIO | VMware CTO | General Motors Inducted into CIO Magazine’s “CIO Hall of Fame” Renowned speaker and panelist Tony Scott, CEO
Slide 7: Experienced Leadership
7 Experienced Leadership Tony Scott President & CEO Kimberly Pinson CFO Joe Head CTO Blake Dumas VP, Engineering Mike McClure VP, Consulting Paul Little SVP, Human Resources
Slide 8: Reasons to Invest in Intrusion
8 New and experienced management team brings an emphasis on execution and profitable growth Intrusion’s proprietary database and IP have historically been under - monetized New cloud and endpoint solutions significantly expand the product portfolio and total addressable market Transition to recurrin
Slide 9: Large and Growing Demand
9 2021 2022 2023 2024 2025 2020 2019 2018 Spend on Cybersecurity of CIOs Plan to Increase Spend on Cloud Platforms 48% of CIOs Plan to Increase Spend on Cyber/Information Security 66% Large and Growing Demand $600 Billion $10.5 Trillion Economic Impact of Cybercrime Cyberattacks are increasing despi
Slide 10: Industry Changes
10 Industry Changes Lack of Qualified Staff 62% of organizational cybersecurity teams are understaffed . (2) 78% lack confidence in their company’s cybersecurity posture, prompting 91% to increase budgets. (3) 93% of SecOps teams cannot address all security alerts in same day; 83% claim staff has al
Slide 11: Customers and Segments
11 Customers and Segments Financial Institutions M anage vast amounts of client data, which can be at risk for ransomware and are subject to increasing scrutiny by government agencies. Medical Community Every appliance that collects patient data has open ports that can be ransomed and exploited, req
Slide 12: Product Differentiation
12 Product Differentiation Historical Data Leverage the largest known IP dataset of 8.5 billion IP addresses and domain names Automated Analysis Operationalize decades of threat intelligence to understand what IP address owners are doing over time Association Lay er in a reputational and behavior an
Slide 13: See all inbound and outbound blocks
13 See all inbound and outbound blocks See the real - time list of all blocked connections. Drill down on an individual connection to see more details like why it was blocked, risk level, etc.
Slide 14: Find out where connections are coming from
14 Find out where connections are coming from An interactive map shows you what countries your business is communicating with the most.
Slide 15: Identify the top offending devices
15 Identify the top offending devices Quickly see which devices have the most malicious connection attempts to prioritize remediation efforts.
Slide 16: Financial Information
16 Financial Information
Slide 17: Financing
17 Issuance of Common Stock Registered direct – $5.2M in 2H’22 ATM - $2.1M sales FY ‘22; $1.5M sales 1H ‘23 $88.5M remaining on S - 3 Shelf On August 11 th , 2023, filed a preliminary registration statement on Form S - 1 to raise up to $8.5 million in gross proceeds from a best - efforts fully marke
Slide 18: Cap Table as of 6/30/23
18 Cap Table as of 6/30/23 Total common stock outstanding 22,195,647 Shares held by affiliates (Management and 10% holders) 1,737,823 7.8% Shares held by non-affiliates 20,457,824 Warrants outstanding 1,212,593 Average exercise price $ 5.22 Average remaining term 4.2 Yrs Options outstanding 1,013,09
Slide 19: Income Statement Snapshot
19 Income Statement Snapshot (in millions, except EPS) 2Q’21 3Q’21 4Q’21 FY’21 1Q’22 2Q’22 3Q’22 4Q’22 FY’22 1Q’23 2Q’23 Revenue $2.0 $1.8 $1.6 $7.3 $1.8 $2.1 $2.2 $1.4 $7.5 $1.3 $1.5 Gross Margin (%) 49.9% 48.4% 49.8% 50.2% 50.8% 55.5% 54.6% 62.6% 55.5% 76.1% 77.5% Operating Expenses $6.6 $7.0 $4.7
Slide 20: Balance Sheet Snapshot
20 Balance Sheet Snapshot ($ in millions) 2Q’21 3Q’21 4Q’21 1Q’22 2Q’22 3Q’22 4Q’22 1Q’23 2Q’23 Current Assets $11.5 $8.8 $5.5 $7.9 $9.1 $10.7 $5.4 $1.3 $0.9 Noncurrent Assets $2.3 $4.0 $3.7 $3.5 $3.4 $3.7 $3.8 $3.9 $3.7 Total Assets $13.8 $12.8 $9.2 $11.4 $12.5 $14.4 $9.3 $5.2 $4.7 Current Liabilit
Slide 21: Thank you
> Thank you + e¢ ¢ ad * * ¢ ad ¢ o¢ 5 e 0 e 004 ¢ oo + oe ¢*¢¢+ ¢ oe ¢?¢ ¢ ¢ o¢ ee e ooo oe * ¢ Sa oe > ¢ + ¢¢ ¢ ¢ ¢ ee +e oe ¢ *¢ 5 Intrusion 2
Slide 22: Contacts
22 intrusion.com Contacts Corporate: Intrusion, Inc. 101 East Park Blvd, Suite 1200 Plano, Texas 75074 (972) 234-6400 www.intrusion.com Placement Agent: Joseph Gunnar & Co., LLC 40 Wall Street, 30th floor New York, NY 10005 (212) 440-9600 asica@jgunnar.com