Company: CXDO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001654954-25-009071
Chunk: 11

Company: Crexendo, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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 OF NON-GAAP FINANCIAL MEASURES

In accordance with the requirements of Regulation G issued by the SEC, we are presenting the most directly comparable U.S. GAAP financial measures and reconciling the unaudited Non-GAAP financial metrics to the comparable U.S. GAAP measures.

Reconciliation of U.S. GAAP Net Income/(Loss) to Non-GAAP Net Income(Unaudited, in thousands, except for per share and share data)               Three Months Ended June 30,  Six Months Ended June 30,   2025  2024  2025  2024 U.S. GAAP net income/(loss) $1,232  $588  $2,403  $1,022 Share-based compensation and related taxes (1)  825   788   1,623   1,526 Amortization of intangible assets  801   758   1,507   1,518 Non-GAAP net income $2,858  $2,134  $5,533  $4,066                  Non-GAAP earnings per common share:                Basic $0.10  $0.08  $0.19  $0.15 Diluted $0.09  $0.07  $0.18  $0.14                  Weighted-average common shares outstanding:                Basic  29,430,050   26,664,220   28,731,048   26,489,562 Diluted  31,234,711   29,510,903   31,165,361   29,810,838 

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Reconciliation of U.S. GAAP Net Income/(Loss) to EBITDA to Adjusted EBITDA(Unaudited, in thousands)   Three Months Ended June 30,  Six Months Ended June 30,   2025  2024  2025  2024 U.S. GAAP net income/(loss) $1,232  $588  $2,403  $1,022 Depreciation and amortization  856   836   1,627   1,676 Interest expense