Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 555

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 3
Chunk 555
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 provided by/(used in) operating activities:        Depreciation and amortization  3,331   3,573 Share-based compensation  3,002   3,849 Non-cash operating lease amortization  (18)  (4)Gain on disposal of property and equipment  -   (1,459)Allowance for credit losses  127   82 Changes in assets and liabilities:        Trade receivables  (906)  (164)Contract assets  (106)  (109)Equipment financing receivables  (877)  (905)Inventories  (11)  297 Contract costs  (1,192)  (1,473)Prepaid expenses  (368)  (77)Income tax receivable  (75)  - Other assets  (346)  651 Accounts payable and accrued expenses  1,275   623 Income tax payable  (13)  (26)Contract liabilities  784   (997)Net cash provided by/(used in) operating activities  6,284   3,499          CASH FLOWS FROM INVESTING ACTIVITIES        Purchase of property and equipment  (27)  (92)Proceeds from the sale of property and equipment  -   3,792 Net cash provided by/(used in) investing activities  (27)  3,700          CASH FLOWS FROM FINANCING ACTIVITIES        Borrowings/(repayments) on line of credit, net  -   (82)Proceeds from notes payable  -   278 Repayments made on finance leases  (75)  (95)Repayments made on notes payable  (457)  (2,254)Proceeds from exercise of options  2,370   241 Dividend payments  -   (130)Taxes paid on the net settlement of stock options and RSUs  (243)  (264)Net cash provided by/(used for) financing activities  1,595   (2,306)Effect of exchange rate changes on cash  (6)  (21)NET INCREASE/(DECREASE) IN CASH