Company: CXDO
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001654954-25-005149
Chunk: 3

Company: Crexendo, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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   -   - Foreign currency translation adjustment, net of tax      -   -   13   -   13 Issuance of common stock for exercise of stock options  1,345,852   1   1,978   -   -   1,979 Taxes paid on the net settlement of stock options and RSUs  -   -   (80)  -   -   (80)Net income/(loss)  -   -   -   -   1,171   1,171 Balance, March 31, 2025  28,990,386  $29  $140,639  $173  $(85,619) $55,222 

        Accumulated           Additional  Other    Total   Common Stock  Paid-in  Comprehensive  Accumulated  Stockholders'   Shares  Amount  Capital  Income  Deficit  Equity Balance, January 1, 2024  26,130,218  $26  $132,888  $166  $(88,467) $44,613 Share-based compensation  -   -   728   -   -   728 Foreign currency translation adjustment, net of tax  -   -   -   1   -   1 Issuance of common stock for exercise of stock options  497,804   1   1,048   -   -   1,049 Taxes paid on the net settlement of stock options and RSUs  -   -   (60)  -   -   (60)Net income/(loss)  -   -   -   -   434   434 Balance, March 31, 2024  26,628,022  $27  $134,604  $167  $(88,033) $46,765 

The accompanying notes are an integral part of the condensed consolidated financial statements. 

 6Table of Contents

CREXENDO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

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