Company research
IronNet, Inc.
CIK 1777946Updated Oct 6, 2026
Securities
Name history
LGL Systems Acquisition Corp. · through Aug 30, 2021MTRON Systems Acquisition Corp. · through Jul 9, 2019
DFNS price & chart
Historical security
This listing closed Aug 26, 2021. Live provider charts are shown only for current listings.
In the news
T3 Defense Announces Reverse Stock Split ↗
Recent filings
Show 5 more recent filings
Financials
FY 2023 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2023 | Q3 2022 | Q3 2021 | Q2 2023 | Q2 2022 | Q2 2021 | Q1 2023 | Q1 2022 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | — | — | — | — | — | — | — | — | 33,659,000Source | 81,232,000Source | 174,077,031Source | 173,902,304Source |
| Property, Plant and Equipment, NetUSD | — | — | — | — | — | — | — | — | 5,972,000Source | 5,606,000Source | — | — |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | — | — | — | — | — | 7,568,000Source | 47,673,000Source | — | 1,021,216Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | — | — | — | — | — | 3,373,000Source | 1,991,000Source | — | — |
| Inventory, NetUSD | — | — | — | — | — | — | — | — | 2,669,000Source | 4,581,000Source | — | — |
| Assets, CurrentUSD | — | — | — | — | — | — | — | — | 21,244,000Source | 70,661,000Source | 884,900Source | 1,248,341Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | — | — | — | — | — | — | 909,000Source | 1,800,000Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 1,885,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | — | — | — | — | — | — | — | — | 68,383,000Source | 42,789,000Source | 29,721,485Source | — |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | — | — | — | — | — | — | — | — | 11,000Source | 9,000Source | — | — |
| Additional Paid in CapitalUSD | — | — | — | — | — | — | — | — | 493,902,000Source | 455,849,000Source | 14,908,082Source | 5,102,079Source |
| Retained Earnings (Accumulated Deficit)USD | — | — | — | — | — | — | — | — | -528,696,000Source | -417,686,000Source | -9,908,848Source | -102,604Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | — | — | — | — | — | — | 59,000Source | 271,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | -21,952,000Source | 58,798,000Source | 3,664,000Source | -4,707,000Source | -27,101,000Source | 5,000,001Source | 16,631,000Source | -10,189,000Source | -34,724,000Source | 38,443,000Source | 5,000,001Source | 5,000,004Source |
| Liabilities and EquityUSD | — | — | — | — | — | — | — | — | 33,659,000Source | 81,232,000Source | 174,077,031Source | 173,902,304Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | — | — | — | — | — | — | — | — | 56,294,000Source | 24,496,000Source | 247,485Source | 6,251,570Source |
| Operating Lease, Liability, CurrentUSD | — | — | — | — | — | — | — | — | 607,000Source | — | — | — |
| Accounts Payable, CurrentUSD | — | — | — | — | — | — | — | — | 7,287,000Source | 2,348,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | — | — | — | — | — | 2,047,000Source | — | — | — |
| Other Liabilities, NoncurrentUSD | — | — | — | — | — | — | — | — | 2,128,000Source | 0Source | — | — |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | — | — | — | — | — | — | — | — | 9,973,000Source | 4,709,000Source | — | 214,070Source |
| Deferred Revenue, CurrentUSD | — | — | — | — | — | — | — | — | 17,180,000Source | 16,049,000Source | — | — |
| Deferred Revenue, NoncurrentUSD | — | — | — | — | — | — | — | — | 9,961,000Source | 17,517,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | — | — | — | — | — | — | 0Source | — | — |
cash flow · annual statements
| Line item | Q4 2023 | Q4 2022 | Q3 2023 | Q3 2022 | Q2 2023 | Q2 2022 | Q1 2023 | Q1 2022 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | -8,289,688Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 628,000Source | 224,000Source | 2,336,000Source | 1,092,000Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 11,446,000Source | 17,000Source | 36,858,000Source | 156,596,000Source | — |
| Changes in operating assets and liabilities: | |||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | — | — | 3,194,000Source | — |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 835,000Source | -83,000Source | 832,000Source | 2,401,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | — | 1,355,000Source | 4,939,000Source | 398,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 0Source | 0Source | 27,275Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -22,184,000Source | -12,112,000Source | -64,873,000Source | -83,684,000Source | -474,803Source |
| Cash flows from investing activities: | |||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -910,000Source | -741,000Source | -2,490,000Source | -3,872,000Source | 243,084Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 62,000Source | 741,000Source | 142,000Source | 3,880,000Source | — |
| Cash flows from financing activities: | |||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 91,000Source | 0Source | 91,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 6,903,000Source | 271,000Source | 27,470,000Source | 103,441,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -16,283,000Source | -12,570,000Source | -40,105,000Source | 16,130,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 8,228,000Source | 73,891,000Source | 9,650,000Source | 14,107,000Source | 31,390,000Source | 18,973,000Source | 7,568,000Source | 47,673,000Source | — |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 0Source | — | 126,000Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | -92,000Source | 11,000Source | -212,000Source | 245,000Source | — |
| Additional Financial Items | |||||||||||
| Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 318,000Source | — | — |
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | — | 155,518,000Source | — |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | — | 284,000Source | — | — |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | — | 86,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | 3,000Source | 0Source | 27,000Source | -6,000Source | — |
| General and Administrative ExpenseUSD | — | — | 19,723,000Source | 79,735,000Source | 13,433,000Source | 5,965,000Source | 15,586,000Source | 5,720,000Source | 57,000,000Source | 112,099,000Source | — |
| Income Tax Expense (Benefit)USD | — | — | 2,000Source | 34,000Source | -7,000Source | -35,000Source | 11,000Source | 58,000Source | 58,000Source | 465,000Source | 37,564Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -32,009,000Source | -162,949,000Source | -28,415,000Source | -17,167,000Source | -33,168,000Source | -15,500,000Source | -111,010,000Source | -242,647,000Source | -8,829,688Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -32,009,000Source | -162,949,000Source | -28,416,000Source | -17,167,000Source | -33,168,000Source | -15,500,000Source | -111,010,000Source | -242,647,000Source | — |
| Noncash Merger Related CostsUSD | — | — | — | — | — | — | — | — | — | 2,328,000Source | — |
| Operating ExpensesUSD | — | — | 34,301,000Source | 155,434,000Source | 31,902,000Source | 21,223,000Source | 36,980,000Source | 19,760,000Source | 120,976,000Source | 247,920,000Source | — |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | -8,162,473Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 586,000Source | 694,000Source | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 93,000Source | — | 296,000Source | — | — |
income statement · annual statements
| Line item | Q4 2023 | Q4 2022 | Q3 2023 | Q3 2022 | Q2 2023 | Q2 2022 | Q1 2023 | Q1 2022 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 6,988,000Source | 6,913,000Source | 6,608,000Source | 6,076,000Source | 6,688,000Source | 6,377,000Source | 27,257,000Source | 27,544,000Source | — |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | — |
| Operating Income (Loss)USD | — | — | -31,602,000Source | -150,889,000Source | -27,782,000Source | -16,962,000Source | -32,787,000Source | -15,321,000Source | -107,713,000Source | -229,759,000Source | -629,651Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | -8,162,473Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -32,007,000Source | -162,915,000Source | -28,422,000Source | -17,202,000Source | -33,157,000Source | -15,442,000Source | -110,952,000Source | -242,182,000Source | -8,792,124Source |
| Income Tax Expense (Benefit)USD | — | — | 2,000Source | 34,000Source | -7,000Source | -35,000Source | 11,000Source | 58,000Source | 58,000Source | 465,000Source | 37,564Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -32,009,000Source | -162,949,000Source | -28,415,000Source | -17,167,000Source | -33,168,000Source | -15,500,000Source | -111,010,000Source | -242,647,000Source | -8,829,688Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.3Source | -1.87Source | -0.28Source | -0.25Source | -0.33Source | — | -1.07Source | — | — |
| Earnings Per Share, DilutedUSD per share | — | — | -0.3Source | -1.87Source | -0.28Source | -0.25Source | -0.33Source | — | -1.07Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 105,033,000Source | 87,178Source | 101,352,000Source | 67,421Source | 99,305,000Source | — | 104,049,000Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 105,033,000Source | 87,178Source | 101,352,000Source | 67,421Source | 99,305,000Source | — | 104,049,000Source | — | — |
| Additional Financial Items | |||||||||||
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | — | 86,000Source | — |
| Cost of Property Repairs and MaintenanceUSD | — | — | — | — | — | — | — | — | 28,000Source | 12,000Source | — |
| General and Administrative ExpenseUSD | — | — | 19,723,000Source | 79,735,000Source | 13,433,000Source | 5,965,000Source | 15,586,000Source | 5,720,000Source | 57,000,000Source | 112,099,000Source | — |
| Gross ProfitUSD | — | — | 2,699,000Source | 4,545,000Source | 4,120,000Source | 4,261,000Source | 4,193,000Source | 4,439,000Source | 13,263,000Source | 18,161,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 110,609,000Source | -243,956,000Source | — |
| Interest and Other IncomeUSD | — | — | — | — | — | — | — | — | — | — | 808,527Source |
| Interest ExpenseUSD | — | — | — | — | — | — | 90,000Source | 0Source | 897,000Source | 1,155,000Source | — |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | — | — | — | — | — | — | 431,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -32,009,000Source | -162,949,000Source | -28,416,000Source | -17,167,000Source | -33,168,000Source | -15,500,000Source | -111,010,000Source | -242,647,000Source | — |
| Operating ExpensesUSD | — | — | 34,301,000Source | 155,434,000Source | 31,902,000Source | 21,223,000Source | 36,980,000Source | 19,760,000Source | 120,976,000Source | 247,920,000Source | — |
| Other IncomeUSD | — | — | — | — | — | — | — | — | — | — | 808,527Source |
| Research and Development ExpenseUSD | — | — | 6,804,000Source | 24,455,000Source | 9,715,000Source | 7,571,000Source | 10,727,000Source | 6,891,000Source | 32,426,000Source | 52,899,000Source | — |
| Selling and Marketing ExpenseUSD | — | — | 7,774,000Source | 51,244,000Source | 8,754,000Source | 7,687,000Source | 10,667,000Source | 7,149,000Source | 31,550,000Source | 82,922,000Source | — |