Crexendo, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $68.2M | $60.8M | $53.2M | $37.6M | $28.1M |
| Research and development | $5.7M | $5.6M | $4.9M | $4.0M | $1.4M |
| Operating expenses | $63.5M | $59.0M | $54.9M | $74.9M | $30.9M |
| Operating income | $4.7M | $1.8M | -$1.7M | -$37.4M | -$2.8M |
| Interest expense | — | — | $115,000 | $78,000 | $84,000 |
| Pretax income | $5.4M | $1.9M | -$264,000 | -$36.2M | -$2.9M |
| Income tax expense | $300,000 | $212,000 | $98,000 | -$762,000 | -$465,000 |
| Net income | $5.1M | $1.7M | -$362,000 | -$35.4M | -$2.4M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $5.5M | $7.5M |
| Current assets | $41.9M | $26.9M | $16.9M | $12.3M | $11.6M |
| Total assets | $77.7M | $64.9M | $56.2M | $55.6M | $77.2M |
| Current liabilities | $12.3M | $12.1M | $10.3M | $10.4M | $10.6M |
| Total liabilities | $13.9M | $13.5M | $11.5M | $14.2M | $11.2M |
| Stockholders' equity | $63.8M | $51.4M | $44.6M | $41.5M | $65.9M |
| Cash Flow Statement | |||||
| Cash from operations | $9.3M | $6.3M | $3.5M | -$411,000 | -$1.0M |
| Depreciation and amortization | $217,000 | $303,000 | $404,000 | $311,000 | $235.0M |
| Stock-based compensation | $2.9M | $3.0M | $3.8M | $4.4M | $1.6M |
| Capital expenditure | $18,000 | $27,000 | $92,000 | $289,000 | $101,000 |
| Free cash flow | $9.3M | $6.3M | $3.4M | -$700,000 | -$1.1M |
| Dividends paid | — | $0 | $130,000 | $462,000 | $0 |
| Impairments | — | — | $0 | $32.6M | — |
Shares outstanding 32.4M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.