Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 1095

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 1095
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 when-and-if-available basis, telephone support, integrated web-based support and bug fixes or patches. Subscription and maintenance support revenue is recognized ratably over the term of the customer support agreement, which is typically one year.  Professional Services and Other - The Company's professional services include consulting, technical support, resident engineer services, design services and installation services. Revenue from professional services and other is recognized when the performance obligation is complete and the customer has accepted the performance obligation.

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                Disaggregation of Revenue In the following table, revenue is disaggregated by primary major product line, and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the reportable segments. Year Ended December 31, 2024 Cloud  Software  Total (In thousands) Telecommunications  Solutions  Reportable   Segment  Segment  Segments Major products/services lines         Desktop devices $5,615  $-  $5,615 Equipment financing revenue  676   -   676 Telecommunications services  27,067   -   27,067 Fees, commissions, and other, recognized over time  2,134   -   2,134 One time fees, commissions and other  1,972   -   1,972 Software licenses  -   4,874   4,874 Subscription maintenance and support  -   16,459   16,459 Professional services and other  -   2,041   2,041   $37,464  $23,374  $60,838 Timing of revenue recognition            Products, services, and fees recognized at a point in time $7,587  $6,915  $14,502 Products, services, and fees transferred over time  29,877   16,459   46,336   $37,464  $23,374  $60,838   Year Ended December 31, 2023 Cloud  Software  Total (In thousands) Telecommunications  Solutions  Reportable   Segment  Segment  Segments Major products/services lines         Desktop devices $5,484  $-  $5,484 Equipment financing revenue