Company: CXDO
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001654954-25-012585
Chunk: 2

Company: Crexendo, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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13,182   12,206 General and administrative  3,780   3,695   10,884   10,423 Research and development  1,414   1,473   4,374   4,050 Total operating expenses  16,192   15,492   46,548   43,400                  Income/(loss) from operations  1,305   135   3,558   1,198                  Other income/(expense):                Interest income  199   69   409   127 Interest expense  (3)  (7)  (18)  (31)Other income/(expense), net  (8)  (3)  39   (24)Total other income/(expense), net  188   59   430   72                  Income/(loss) before income tax  1,493   194   3,988   1,270                  Income tax (provision)/benefit  (43)  (46)  (135)  (100)                 Net income/(loss) $1,450  $148  $3,853  $1,170                  Earnings per common share:                Basic $0.05  $0.01  $0.13  $0.04 Diluted $0.05  $0.00  $0.12  $0.04                  Weighted-average common shares outstanding:                Basic  30,397,144   26,848,644   29,292,516   26,610,130 Diluted  31,818,738   29,857,261   31,418,659   29,827,531 

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

 4Table of Contents

CREXENDO, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive Income

(Unaudited, in thousands)

  Three Months Ended September 30,  Nine Months Ended September 30,   2025  202