The ball is still probably there, but the spring that suspends it in the fitting has been pushed out the backside of the zerk. I've had this happen on a number of those little bastards. You should be able to get some replacements from your lbs or Intense.... they are easy to replace, but poorly designed IMO.... A number of the replacement zerks I installed were totally crap and wouldn't allow grease to flow through properly...
BTW, there's no harm in riding this way... nothing is going to get past the fitting in its current state, and the small amount of grease that squirts out is really not a big deal.
BTW, there's no harm in riding this way... nothing is going to get past the fitting in its current state, and the small amount of grease that squirts out is really not a big deal.