Company: CXDO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001654954-25-009071
Chunk: 88

Company: Crexendo, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 88
---
Less: significant and other segment expenses            Employee expenses  8,220   4,929   13,149 Commissions  2,418   387   2,805 Contractor expense  919   794   1,713 Depreciation and amortization  711   965   1,676 Other segment items (1)  6,034   2,531   8,565 Total operating expense  18,302   9,606   27,908              Segment income/(loss) from operations  198   865   1,063              Less: other segment income/(expense)            Interest income  58   -   58 Interest expense  (24)  -   (24)Other income/(expense)  6   (27)  (21)             Income/(loss) before income tax $238  $838  $1,076              Income tax benefit/(provision)          (54)             Net income/(loss)         $1,022 ———————(1)Other segment items primarily includes third-party telecommunication charges, cost of product revenue, software costs, data center costs, and other overhead expenses. The Company operates in two geographic areas, the United States and international. Revenue by geography is based on the location of the customer from which the revenue is earned. Revenue by geographic location is as follows (in thousands): Three Months Ended June 30,Six Months Ended June 30,2025202420252024United States$15,040$13,780$30,394$27,211International1,5129052,2151,760Total revenue$16,552$14,685$32,609$28,971

 31Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

This section and other parts of this Form 10-Q contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can be identified by words such as “anticipates,” “expects,” “believes,” “plans,” “predicts,” and similar terms. Forward-looking statements are not guarantees of future performance and our Company’s actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences