Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 1347

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 1347
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 the total compensation of our PEO and our non-PEO NEOs (collectively, the “Other NEOs”) as presented in the Summary Compensation Table (SRT) on page 20 and the “compensation actually paid” (“CAP”) to our PEO and our Other NEOs, as calculated pursuant to Item 402(v). The below tables and disclosures do not necessarily reflect value actually realized by the NEO or how the Compensation Committee evaluates compensation decisions in light of the Company’s performance or individual performance.

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PEO and non-PEO NEOs Compensation and Company Performance Disclosures

Year  Summary Compensation Table Total for PEO (1)    Compensation Actually Paid to PEO (1)    Average Summary Compensation Table Total for Other NEOs (2)    Average Compensation Actually Paid to Other NEOs (2)    Value of Fixed $100 Investment Based on Total Shareholder Return (3)   Net income/(loss) (In Thousands) 2024 $761  $739  $645  $633  $275  $1,677 2023 $509  $554  $475  $509  $97  $(362)

 (1)For 2023 and 2024, our PEO was Jeff Korn. (2)For 2024 and 2023, our Other NEOs were Jon Brinton, Anand Buch, Doug Gaylor, Ron Vincent, and David Wang. (3)The amounts represent an initial value of $100 on December 31, 2021 at the end of fiscal years ended December 31, 2023 and December 31, 2024 and assumes that all dividends (if applicable) were reinvested.

Reconciliation of Summary Compensation Table to Compensation Actually Paid

A reconciliation of adjustments from our summary compensation table total to compensation actually paid for our PEO and Other NEOs is presented in the table below:

  2024  2023 Adjustments PEO Jeff Korn  Other NEOs*  PEO Jeff Korn  Other NEOs* SCT Total $761  $645  $509  $475 (a) $(322) $(236) $(113) $(73)(b) $235  $172  $-  $-