Thank you for standing by, and welcome to the 2026 Annual Stockholders' Meeting of Intrusion Inc. I will now turn the meeting over to Tony Scott. Please go ahead. Good morning, and welcome to the 2026 Annual Stockholders' Meeting of Intrusion Inc. I'm Tony Scott, President and Chief Executive Officer of Intrusion Inc. It's my pleasure to welcome you today for this meeting and to introduce the Chairman of our Board of Directors, Mr. Tony LeVecchio. Tony has served as a member of our Board of Directors since 2020 and as Chairman of the Board since 2021. He also brings extensive corporate governance and advisory experience as President of The James Group, where he advises Chief Executive Officers across a wide range of industries in both public and private companies. Tony, over to you. Thank you, Tony, and welcome everyone. Thank you for joining us today. We're excited to, again, host our annual virtual meeting, which allows us to be more inclusive and reach a greater number of shareholders. We have stockholders attending via the online audio webcast. As is our custom, we will conduct the business portion of our meeting first and answer questions at the end of the meeting. Though we may not be able to answer every question, we will do our best to provide a response to as many as possible and will address any unanswered questions on our corporate website shortly after the meeting. In keeping with the digital approach to this year's meeting, it is now shortly after 9:00 A.M., Central Time, on August 27, 2026, and this meeting is officially called to order. Now I would like to introduce the other members of our Board at today's meeting. Tony Scott has served as one of our Directors since 2022. He is currently President and Chief Executive Officer of Intrusion. Katrinka B. McCallum has served as one of our Directors since 2021 and is the current Chair of the company's Audit Committee and a member of the Compensation Committee and Corporate Governance and Nominating Committee. Gregory K. Wilson has also served as one of our Directors since 2021 and is the current Chair of the Corporate Governance and Nominating Committee and a member of the Audit Committee. Dion Hinchcliffe has served as one of our Directors since 2024 and also serves as a member of the Audit and Compensation Committee. Now it's my pleasure to introduce Ms. Kimberly Pinson, the company's Chief Financial Officer since May of 2022, who is in attendance and who will serve as the Inspector of Election for this meeting. Doug Haloftis, the company's General Counsel since November of 2022, who will serve as Secretary of the meeting. I will turn to them with any procedural issues that may arise. We are also joined today by Caleb Robison of Whitley Penn, our independent auditors. Mr. Robison will be available during the question and answer session after the meeting to respond to appropriate questions. Finally, as I previously mentioned, the company has appointed our CFO, Kimberly Pinson, to act as the Inspector of Elections. Ms. Pinson has taken the oath of the inspection of election earlier today. After the formal meeting has been adjourned, we will provide time for general questions. Only validated stockholders may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to one question. Please note that this meeting is being recorded. However, no one attending via the webcast is permitted to use any audio recording device. The board of directors fixed June 30th, 2026, as the record for determining the stockholders entitled to vote at this meeting. An affidavit has been delivered attesting to the fact that either a notice of internet availability of the notice of the meeting, the proxy statement, and the 2025 annual report to stockholders, or the documents themselves were mailed on or about July 20th, 2026, to all stockholders of the record date and will be incorporated into the minutes of this meeting. The stockholder list shows that as of the record date, there were 22,757,075 shares of common stock outstanding. We are informed by the Inspector of Elections that there are represented in person or by proxy shares of 13,606,952, or 59.79% of the voting power on the record date. Since this represents more than a majority of the voting power of all issued and outstanding stock entitled to vote on the record date, a quorum is present for purposes of transacting business. Before I present the formal proposals to be voted on today, I would like to take a moment to highlight an exciting and critical milestone for Intrusion. As recently announced, we completed the acquisition of VigilAigent, transforming Intrusion into an AI-native cybersecurity platform. This strategic transaction marks a major step forward for our growth strategy by adding approximately $3.5 million in annual recurring revenue from multi-year contracts, expanding our commercial reach to reach roughly 1,000 customers and over 80 reseller partners. Uniting VigilAigent's agentic AI engine, The Oracle with our proprietary TraceCop threat intelligence database and Shield technology. We are now incredibly enthusiastic about the combined organization and its ability to drive sustainable top-line growth and long-term value for our shareholders. Now I will present the matters to be voted upon. Please note we will give stockholders an opportunity to comment on the proposals themselves after all proposals have been presented. Proposal 1 is the election of directors. The current board has nominated Anthony Scott, Katrinka McCallum, Gregory Wilson, Dion Hinchcliffe, and myself, Anthony LeVecchio, for election to directors to hold office until the 2027 annual meeting of stockholders or until their successors are duly elected and qualified. Moving to our next item of business, Proposal 2 is a ratification of the appointment of Whitley Penn as the company's independent auditors for the year ending December 31, 2026. Next, Proposal 3 is the approval of potential issuance of the company's common stock in excess of 19.9% threshold pursuant to the member interest purchase agreement dated June 29, 2026, relating to our acquisition of OW Cyber, LLC, doing business as VigilAigent. Please note that in accordance with Nasdaq Rule 5635 and Interpretive Material IM-5635-2, the 2,223,549 shares of common stock issued to VigilAigent at the first closing of June 29, 2026, are not entitled to vote on proposal 3. Any votes cast by such shares on proposal 3 will be disregarded for purposes of determining whether proposal 3 is approved. Finally, proposal 4 is the approval of one or more adjournments of the annual meeting, if necessary, to appropriate to solicit additional proxy shares if there are insufficient votes at the time of the annual meeting to approve proposal 3. If any stockholder would like to make a comment, please submit your comments to the web portal now. We have one question. The question is, "Mr. Scott, I know you own a substantial number of shares. Are you and the board buyers of the stock other than awarded shares?" I am, and some of the board are as well. Do we have any other questions? All right. It's now 9:11 A.M. Central Time on August 27, 2026, and the polls are now open. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote, do not need to take any further action. We'll take a short pause for voting. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 Intrusion Inc stockholder meeting closed at 9:12 A.M. Central Time on August 27, 2026. Mr. LeVecchio, do you have preliminary voting results? We do. I have been informed by the Inspector of Election, Ms. Pinson, that the preliminary vote report shows that the nominees for election to the board have been duly elected. Whitley Penn LLP has been selected as Intrusion's independent CPA for the fiscal year ending December 31, 2026. Proposal three, approving the issuance of shares in excess of the Nasdaq 19.9% threshold, has been approved. Also proposal four regarding meeting adjournment has been approved. We will be reporting the final votes in Form 8-K to be filed within four business days. There being no further business to come before the meeting, the 2026 annual meeting of Intrusion is adjourned. Tony Scott, our CEO, is available for a question and answer session. Thanks, Tony. We'd now open things for any stockholder questions and comments. Let's see if we have any here. As Tony noted, we will attempt to answer as many question as time allows, but only questions that are germane to the meeting are ones that we'll address. Any questions that we do not get to will be addressed on our company website. As we are not seeing any questions, I think we'll end the Q&A session. I just wanted to say in closing, we appreciate the participation of all of our shareholders. The preliminary totals indicate that a much higher level of participation, percentage-wise, than we've had for recent meetings has occurred, and I appreciate everybody's vote. I'm very excited about our future with this acquisition and look forward to our earnings calls coming up for Q3 and Q4. Thank you very much, everybody. We appreciate your time today. Thank you. This concludes today's meeting. Thank you for joining. You may now disconnect.
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