Company: CXDO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001654954-25-009071
Chunk: 7

Company: Crexendo, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 2
Chunk 7
---
1,293   2,210   2,588 Total revenue $16,552  $14,685  $32,609  $28,971 Income/(loss) before income tax  1,280   615   2,495   1,076 Income tax benefit/(provision)  (48)  (27)  (92)  (54)Net income/(loss)  1,232   588   2,403   1,022 Basic earnings per share $0.04  $0.02  $0.08  $0.04 Diluted earnings per share $0.04  $0.02  $0.08  $0.03 

Three months ended June 30, 2025 compared to three months ended June 30, 2024

Total Revenue

Total revenue consists of service revenue, software solutions revenue and product revenue. The following table reflects our total revenue for the three months ended June 30, 2025, compared to the three months ended June 30, 2024:

  Three Months Ended June 30,   2025  2024  Dollar Change  Percent Change Total revenue $16,552  $14,685  $1,867   13%

The increase in total revenue is due to an increase in software solutions revenue of $1,650 and an increase in service revenue of $307, offset by a decrease in product revenue of $90.

Income/(Loss) Before Income Tax

The following table reflects our income/(loss) before income tax for the three months ended June 30, 2025, compared to the three months ended June 30, 2024:

  Three Months Ended June 30,   2025  2024  Dollar Change  Percent Change Income/(loss) before income tax $1,280  $615  $665   108%

The increase in income/(loss) before income tax is primarily related to an increase in revenue of $1,867 and an increase in other income/(expense) of $142, offset by an increase in operating expenses of $1,344. The increase in revenue is related to organic growth from new and existing customers. The increase in operating expenses is primarily related to an