Business Context and Reporting Period
Company: Intrusion Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 11, 2024
Reporting Period: Event date November 11, 2024; Resignation effective November 20, 2024.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.
Material Changes
- Director Resignation: James F. Gero notified the Board of his decision to resign effective November 20, 2024.
- Reason for Departure: Mr. Gero is retiring at age 80 after nearly 60 years of active professional life.
- Board Composition: The Board size will be reduced from six to five directors upon the resignation.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Investor Verification Checklist
- Confirm the effective date of the resignation (November 20, 2024).
- Verify the new Board composition and any plans to fill the vacancy.
- Review subsequent filings for any impact on corporate governance or strategic direction.