Company: CXDO
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001654954-25-005149
Chunk: 2

Company: Crexendo, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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14)Total other income/(expense), net  65   (22)         Income/(loss) before income tax  1,215   461          Income tax (provision)/benefit  (44)  (27)         Net income/(loss) $1,171  $434          Earnings per common share:        Basic $0.04  $0.02 Diluted $0.04  $0.01          Weighted-average common shares outstanding:        Basic  28,024,280   26,314,903 Diluted  31,092,775   30,142,100 

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

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CREXENDO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive Income/(Loss)

(Unaudited, in thousands)

  Three Months EndedMarch 31,   2025  2024 Net income/(loss) $1,171  $434 Other comprehensive income/(loss), net of tax        Foreign currency translation gain/(loss)  13   1 Total other comprehensive income/(loss)  13   1 Comprehensive income/(loss) $1,184  $435 

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

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CREXENDO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Stockholders' Equity

Three Months Ended March 31, 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   -   -   -