{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-16T19:21:22.239868+00:00","company":{"ticker":"CXDO","cik":1075736,"company_name":"Crexendo, Inc."},"pagination":{"limit":100,"returned":27,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). 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Consolidated service revenue for the second quarter of 2023 increased 60%, or $2,752, to $7,308 compared to $4,556 for the","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001654954-23-010479","anchor_url":"https://secwatch.observer/filing/0001654954-23-010479#claim-cc5b939ab6d7fdf8b16343b4bcf8aa2bc910acfd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423010479/0001654954-23-010479-index.htm"},{"fact_type":"shareholder_vote","fact_key":"5d39b3f253a1a4cd31763f954b36b669328415fa","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-06-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-27","outcome":"passed","proposal_text":"Ratify the Appointment of Independent Registered Public Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"239,108.000","votes_against":"120,635.000","votes_for":"17,065,536.284","votes_withheld":null}]},"claim":"Crexendo, Inc. shareholders approved Ratify the Appointment of Independent Registered Public Accounting Firm at the 2023-06-27 meeting.","evidence_excerpt":"Proposal II – Ratify the Appointment of Independent Registered Public Accounting Firm: The Company's shareholders approved a proposal to appoint Urish Popeck & Co., LLC as our independent registered public accounting firm for our year ending December 31, 2023. Votes For Votes Against Abstain 17,065,536.284 120,635.000 239,108.000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-008495","anchor_url":"https://secwatch.observer/filing/0001654954-23-008495#claim-5d39b3f253a1a4cd31763f954b36b669328415fa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423008495/0001654954-23-008495-index.htm"},{"fact_type":"shareholder_vote","fact_key":"da1902406351f1112facf14f485229c91c82c236","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-06-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-27","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":null,"subject":"Steven G. 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Jasmine Kim, each for a term of two years, expiring at our annual meeting of stockholders to be held during 2025 and the election of Kevin Jackson for a term of one year, expiring at our annual meeting of stockholders to be held during 2024, or until his or her successor shall have been duly chosen and qualified, or until his or her earlier death, resignation, retirement, disqualification or removal. Votes For Votes Withheld Steven G. Mihaylo 16,284,899.284 882,008.000 David Williams 16,787,441.284 379,466.000 Todd Goergen 16,688,052.284 478,855.000 Kevin Jackson 16,751,262.284 415,645.000 L. Jasmine Kim 16,727,887.284 439,020.000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-008495","anchor_url":"https://secwatch.observer/filing/0001654954-23-008495#claim-da1902406351f1112facf14f485229c91c82c236","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423008495/0001654954-23-008495-index.htm"},{"fact_type":"material_agreement","fact_key":"9d88173e097a21593b03a588b63aa9e02a4ac521","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-05-22T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Purchase and Sale Agreement","agreement_type":"asset_purchase","counterparty":"Nectar Equities, LLC","effective_date":"2023-05-16","item_codes_triggered":["1.01"],"value_text":"Four Million Fifty Thousand Dollars (US) ($4,050,000.00)"},"claim":"Crexendo, Inc. entered into Purchase and Sale Agreement with Nectar Equities, LLC valued at Four Million Fifty Thousand Dollars (US) ($4,050,000.00) (effective 2023-05-16).","evidence_excerpt":"On May 16, 2023, Crexendo, Inc. (the “Company”) entered into a Purchase and Sale Agreement (the “Agreement”) with Nectar Equities, LLC (the “Buyer”) for the sale of the Company’s office building located at 1615 S 52nd St Tempe, AZ 85281","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-23-007055","anchor_url":"https://secwatch.observer/filing/0001654954-23-007055#claim-9d88173e097a21593b03a588b63aa9e02a4ac521","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423007055/0001654954-23-007055-index.htm"},{"fact_type":"earnings_release","fact_key":"eaecd9cd133e2c67cc9d66766e98166f730ebb41","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-03-14T23:59:59+00:00","payload":{"eps_text":"$(1.54) loss per basic and diluted common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(35.4) million","period_text":"the year ended December 31, 2022","report_date":"2023-03-14","result_type":"reported_results","revenue_text":"$37.6 million"},"claim":"Crexendo, Inc. reported the year ended December 31, 2022 results: revenue $37.6 million, net income $(35.4) million, EPS $(1.54) loss per basic and diluted common share.","evidence_excerpt":"Financial Results for the Year ended December 31, 2022 Consolidated total revenue for the year ended December 31, 2022 increased 34%, or $9.5 million to $37.6 million compared to $28.1 million for the year ended December 31, 2021. The Allegiant Networks business acquisition contributed $1.8 million of the increase in consolidated total revenue in the year ended December 31, 2022. Consolidated service revenue for the year ended December 31, 2022 increased 14%, or $2.4 million to $19.5 million compared to $17.1 million for the year ended December 31, 2021. The Allegiant Networks business acquisition contributed $1.5 million of the increase in consolidated service revenue in the year ended December 31, 2022. Consolidated software solutions revenue for the year ended December 31, 2022 increased 75%, or $6.5 million to $15.1 million compared to $8.7 million for the year ended December 31, 2021. Software solutions revenue from 2021 represents revenue from the NetSapiens business combination","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001654954-23-002840","anchor_url":"https://secwatch.observer/filing/0001654954-23-002840#claim-eaecd9cd133e2c67cc9d66766e98166f730ebb41","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002840/0001654954-23-002840-index.htm"},{"fact_type":"earnings_release","fact_key":"4382d4d0db9fdd7018808974a9b52475ecfd12f1","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-03-14T23:59:59+00:00","payload":{"eps_text":"$(1.33) loss per basic and diluted common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(32.6) million","period_text":"the fourth quarter ended December 31, 2022","report_date":"2023-03-14","result_type":"reported_results","revenue_text":"$11.4 million"},"claim":"Crexendo, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $11.4 million, net income $(32.6) million, EPS $(1.33) loss per basic and diluted common share.","evidence_excerpt":"Financial Results for the Fourth Quarter of 2022 Consolidated total revenue for the fourth quarter of 2022 increased 27%, or $2.4 million to $11.4 million compared to $9.0 million for the fourth quarter of 2021. The Allegiant Networks business acquisition contributed $1.8 million of the increase in consolidated total revenue in the fourth quarter of 2022. Consolidated service revenue for the fourth quarter of 2022 increased 41%, or $1.8 million to $6.1 million compared to $4.3 million for the fourth quarter of 2021. The Allegiant Networks business acquisition contributed $1.5 million of the increase in consolidated service revenue in the fourth quarter of 2022. Consolidated software solutions revenue for the fourth quarter of 2022 increased 14%, or $537,000 to $4.4 million compared to $3.9 million for the fourth quarter of 2021. Consolidated product revenue for the fourth quarter of 2022 increased 16%, or $132,000 to $947,000 compared to $815,000 for the fourth quarter of 2021. The All","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001654954-23-002840","anchor_url":"https://secwatch.observer/filing/0001654954-23-002840#claim-4382d4d0db9fdd7018808974a9b52475ecfd12f1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002840/0001654954-23-002840-index.htm"},{"fact_type":"executive_change","fact_key":"268a8ac713","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2023-03-14T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-03-14","interim":false,"role":"Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Jeffrey G. Korn was appointed as Chief Executive Officer at Crexendo, Inc..","evidence_excerpt":"The Company also announced the appointment of Jeffrey G. 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Mr. Mihaylo will retain his position as Executive Chairman of the Board of Directors.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001654954-23-002836","anchor_url":"https://secwatch.observer/filing/0001654954-23-002836#claim-bf52f21e4f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002836/0001654954-23-002836-index.htm"},{"fact_type":"earnings_release","fact_key":"597fbdb69ca6e8e688737904e14b0c7179db5a7b","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2022-11-10T23:59:59+00:00","payload":{"eps_text":"$(0.03)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(696,000)","period_text":"third quarter ended September 30, 2022","report_date":"2022-11-10","result_type":"reported_results","revenue_text":"$9.1 million"},"claim":"Crexendo, Inc. reported third quarter ended September 30, 2022 results: revenue $9.1 million, net income $(696,000), EPS $(0.03).","evidence_excerpt":"Today, the Company reported financial results for the third quarter ended September 30, 2022. Third Quarter Financial highlights: · Total revenue increased 3% year-over-year to $9.1 million. · GAAP net loss of $(696,000) or a $(0.03) loss per basic and diluted common share.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001654954-22-015021","anchor_url":"https://secwatch.observer/filing/0001654954-22-015021#claim-597fbdb69ca6e8e688737904e14b0c7179db5a7b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495422015021/0001654954-22-015021-index.htm"},{"fact_type":"ma_transaction","fact_key":"54652c2df81340da9856a6bdb66a77b2fd2adec6","cik":1075736,"ticker":"CXDO","company_name":"Crexendo, Inc.","filed_at":"2022-11-01T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2022-11-01","consideration_text":null,"counterparty":"Allegiant Networks, LLC","effective_date":"2022-11-01","item_codes_triggered":["2.01"]},"claim":"Crexendo, Inc. completed an acquisition involving Allegiant Networks, LLC (closed 2022-11-01).","evidence_excerpt":"On November 1, 2022, Crexendo completed the acquisition referenced above.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001654954-22-014537","anchor_url":"https://secwatch.observer/filing/0001654954-22-014537#claim-54652c2df81340da9856a6bdb66a77b2fd2adec6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495422014537/0001654954-22-014537-index.htm"}]}