Company: CXDO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001654954-25-009071
Chunk: 87

Company: Crexendo, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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    (In thousands) Telecommunications  Solutions  Total   Segment  Segment  Consolidated Service revenue $16,556  $-  $16,556 Software solutions revenue  -   13,843   13,843 Product revenue  2,210   -   2,210 Consolidated revenue  18,766   13,843   32,609              Less: significant and other segment expenses            Employee expenses  7,857   6,459   14,316 Commissions  2,758   689   3,447 Contractor expense  916   939   1,855 Depreciation and amortization  653   974   1,627 Other segment items (1)  6,221   2,890   9,111 Total operating expense  18,405   11,951   30,356              Segment income/(loss) from operations  361   1,892   2,253              Less: other segment income/(expense)            Interest income  210   -   210 Interest expense  (15)  -   (15)Other income/(expense)  9   38   47              Income/(loss) before income tax $565  $1,930  $2,495              Income tax benefit/(provision)          (92)             Net income/(loss)         $2,403 ———————(1)Other segment items primarily includes third-party telecommunication charges, cost of product revenue, software costs, data center costs, and other overhead expenses.

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Six Months Ended June 30, 2024 Cloud  Software    (In thousands) Telecommunications  Solutions  Total   Segment  Segment  Consolidated Service revenue $15,912  $-  $15,912 Software solutions revenue  -   10,471   10,471 Product revenue  2,588   -   2,588 Consolidated revenue  18,500   10,471   28,971