Company: CXDO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001654954-25-009071
Chunk: 45

Company: Crexendo, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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,985 General and administrative  3,585   3,432   7,104   6,728 Research and development  1,437   1,328   2,960   2,577 Total operating expenses  15,449   14,105   30,356   27,908                  Income/(loss) from operations  1,103   580   2,253   1,063                  Other income/(expense):                Interest income $126  $53  $210  $58 Interest expense  (6)  (11)  (15)  (24)Other income/(expense), net  57   (7)  47   (21)Total other income/(expense), net  177   35   242   13                  Income/(loss) before income tax  1,280   615   2,495   1,076                  Income tax benefit/(provision)  (48)  (27)  (92)  (54)                 Net income/(loss) $1,232  $588  $2,403  $1,022                  Earnings per common share:                Basic $0.04  $0.02  $0.08  $0.04 Diluted $0.04  $0.02  $0.08  $0.03                  Weighted-average common shares outstanding:                Basic  29,430,050   26,664,220   28,731,048   26,489,562 Diluted  31,324,711   29,510,903   31,165,361   29,810,838 

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 June 30,  Six Months Ended June 30,   2025  2024  2025  2024 Net