Company: CXDO
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001654954-25-012585
Chunk: 3

Company: Crexendo, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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4  2025  2024 Net income/(loss) $1,450  $148  $3,853  $1,170 Other comprehensive income, net of tax                Foreign currency translation gain/(loss)  (19)  (14)  27   (14)Total other comprehensive income/(loss)  (19)  (14)  27   (14)Comprehensive income/(loss) $1,431  $134  $3,880  $1,156 

The accompanying notes are an integral part of the condensed consolidated financial statements.

 5Table of Contents

CREXENDO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Stockholders' Equity

Nine Months Ended September 30, 2025 and 2024

(Unaudited, in thousands, except share data)

        Accumulated            Additional  Other     Total   Common Stock  Paid-in  Comprehensive  Accumulated  Stockholders'   Shares  Amount  Capital  Income  Deficit  Equity Balance, January 1, 2025  27,621,557  $28  $138,015  $160  $(86,790) $51,413 Share-based compensation  -   -   726   -   -   726 Vesting of restricted stock units  22,977   -   -   -   -   - Foreign currency translation adjustment, net of tax  -   -   -   13   -   13 Issuance of common stock for exercise of stock options  1,345,852   1   1,978   -   -   1,979 Taxes paid on the net settlement of stock options and RSUs  -   -   (80)  -   -   (80)Net income/(loss)  -   -   -   -   1,171   1,171 Balance, March 31, 2025  28,990,386  $29  $140,639  $173  $(85,619)