Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 828

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 5
Chunk 828
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,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.

 79Table of Contents

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   26,810 Commissions  3,950   560   4,510 Contractor expense  1,462   1,661   3,123 Depreciation and amortization  1,553   2,020   3,573 Other segment items(1)  12,369   4,503   16,872 Total operating expense  36,635   18,253   54,888              Segment income/(loss) from operations  (1,483)  (206)  (1,689)             Less: other segment income/(