Company: CXDO
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001654954-25-002287
Chunk: 1319

Company: Crexendo, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 1319
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,318 Product revenue  1,225   1,432   1,666   1,161 Total revenue  12,491   12,670   13,874   14,164 Operating expenses:                Cost of service revenue  3,044   3,095   3,173   3,294 Cost of software solutions  1,185   1,293   1,328   1,822 Cost of product revenue  839   881   923   688 Selling and marketing  3,809   3,613   3,502   3,747 General and administrative   3,997   3,167   3,309   3,320 Research and development  1,191   1,138   1,275   1,255 Total operating expenses  14,065   13,187   13,510   14,126 Income/(loss) from operations  (1,574)  (517)  364   38 Total other income/(expense), net  16   (4)  1,373   40 Income/(loss) before income tax  (1,558)  (521)  1,737   78 Income tax benefit/(provision)  (24)  (24)  (33)  (17)Net income/(loss) $(1,582) $(545) $1,704  $61                  Basic earnings per common share (1) $(0.06) $(0.02) $0.07  $0.00 Diluted earnings per common share (1) $(0.06) $(0.02) $0.06  $0.00 ______________________(1)Earnings per common share is computed independently for each of the quarters presented. Therefore, the sums of quarterly earnings per common share amounts do not necessarily equal the total for the twelve-month periods presented.

 82Table of Contents

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None

ITEM 9A. CONTROLS AND PROCEDURES

Evaluation of Disclosure