Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 1118

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 1118
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31,849  $-  $31,849 Software solutions revenue  -   23,374   23,374 Product revenue  5,615   -   5,615 Consolidated revenue  37,464   23,374   60,838              Less: significant and other segment expenses            Employee expenses  16,173   11,038   27,211 Commissions  5,151   996   6,147 Contractor expense  1,722   1,674   3,396 Depreciation and amortization  1,402   1,928   3,330 Other segment items(1)  12,762   6,168   18,930 Total operating expense  37,210   21,804   59,014              Segment income/(loss) from operations  254   1,570   1,824              Less: other segment income/(expense)            Interest income  191   -   191 Interest expense  (42)  -   (42)Other income/(expense)  10   (94)  (84)             Income/(loss) before income tax $413  $1,476  $1,889              Income tax benefit/(provision)          (212)             Net income/(loss)         $1,677 ______________________(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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Year Ended December 31, 2023 Cloud  Software    (In thousands) Telecommunications  Solutions  Total   Segment  Segment  Consolidated Service revenue $29,668  $-  $29,668 Software solutions revenue  -   18,047   18,047 Product revenue  5,484   -   5,484 Consolidated revenue  35,152   18,047   53,199              Less: significant and other segment expenses            Employee expenses  17,301   9,509