Company: CXDO
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001654954-25-012585
Chunk: 87

Company: Crexendo, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 2
Chunk 87
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 3,579   4,402 Total revenue $17,497  $15,627  $50,106  $44,598 Income/(loss) before income tax  1,493   194   3,988   1,270 Income tax (provision)/benefit  (43)  (46)  (135)  (100)Net income/(loss)  1,450   148   3,853   1,170 Basic earnings per share $0.05  $0.01  $0.13  $0.04 Diluted earnings per share $0.05  $0.00  $0.12  $0.04 

 35Table of Contents

Three months ended September 30, 2025 compared to three months ended September 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 September 30, 2025, compared to the three months ended September 30, 2024:

  Three Months Ended September 30,   2025  2024  Dollar Change  Percent Change Total revenue $17,497  $15,627  $1,870   12%

The increase in total revenue is due to an increase in software solutions revenue of $1,661, an increase in service revenue of $616, offset by a decrease in product revenue of $407.

Income/(Loss) Before Income Tax

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

  Three Months Ended September 30,   2025  2024  Dollar Change  Percent Change Income/(loss) before income tax $1,493  $194  $1,299   670%

The increase in income/(loss) before income tax is primarily related to an increase in revenue of $1,870 and an increase in other income/(expense) of $129, offset by an increase in operating expenses of $700. The increase in revenue is related to organic growth from new and existing customers. The increase in operating expenses is