Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 226

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 11
Chunk 226
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 Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitutes, may do or cause to be done by virtue of hereof.

                Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Date: March 4, 2025By: /s/ JEFFREY G. KORN  Jeffrey G. Korn  Chief Executive Officer, Chairman of the Board of Directors     Date: March 4, 2025By: /s/ RONALD VINCENT  Ronald VincentChief Financial Officer

Date: March 4, 2025By: /s/ TODD GOERGEN  Todd GoergenDirector     Date: March 4, 2025By: /s/ JEFFREY P. BASH   Jeffrey P. BashDirector     Date: March 4, 2025By: /s/ DAVID WILLIAMS  David WilliamsDirector 

Date: March 4, 2025By: /s/ STEVEN G. MIHAYLO   Steven G. MihayloDirector     Date: March 4, 2025By: /s/ KEVIN JACKSON   Kevin JacksonDirector     Date: March 4, 2025By: /s/ L. JASMINE KIM   L. Jasmine KimDirector     Date: March 4, 2025By: /s/ ANIL PURI   Anil PuriDirector 

 102Table of Contents

CREXENDO, INC. AND SUBSIDIARIES

Schedule II- Valuation and Qualifying Accounts

  Balance at        Balance at   Beginning        End of   of Year  Additions  Deductions  Year   (in thousands) Year ended December 31, 2024            Trade receivable allowance for credit losses $116   197   (167) $146 Contract assets allowance for credit losses $85   48   (6) $127 Equipment financing receivables allowance for credit losses $171   94   (39) $226 Deferred income tax asset valuation allowance $4,782