{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-010479","form_type":"8-K","ticker":"CXDO","cik":"0001075736","company_name":"Crexendo, Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.084847+00:00","generated_at":"2026-06-11T16:23:11.319034+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crexendo Q2 2023 revenue up 43% YoY to $12.7M; GAAP net loss narrows to $0.02/share","bullets":["Total revenue increased 43% YoY to $12.7M; service revenue rose 60% to $7.3M.","GAAP net loss of $545K ($0.02/share) vs. $896K loss ($0.04) in Q2 2022.","Non-GAAP net income of $1.1M ($0.04/share) vs. $512K ($0.02) a year ago.","Adjusted EBITDA nearly doubled to $1.2M from $626K; cash balance $4.2M.","Company completed sale of Tempe property, reducing debt and adding ~$2M cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-010479","json":"https://secwatch.observer/filing/0001654954-23-010479.json","markdown":"https://secwatch.observer/filing/0001654954-23-010479.md","text":"https://secwatch.observer/filing/0001654954-23-010479.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423010479/0001654954-23-010479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423010479/cxdo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T16:23:11.319034+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3e3f24cc674c06ec9e06324aa1524111390d98dd","claim":"Crexendo, Inc. reported six months ended June 30, 2023 results: revenue $25,161, net income net loss of $(2,127), EPS $(0.08) loss per basic and diluted common share.","evidence_excerpt":"Consolidated total revenue for the six months ended June 30, 2023 increased 48%, or $8,157, to $25,161 compared to $17,004 for the six months ended June 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423010479/0001654954-23-010479-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$25,161"},{"label":"Net income","value":"net loss of $(2,127)"},{"label":"EPS","value":"$(0.08) loss per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cc5b939ab6d7fdf8b16343b4bcf8aa2bc910acfd","claim":"Crexendo, Inc. reported second quarter ended June 30, 2023 results: revenue $12,670, net income loss of $(545), EPS $(0.02) per basic and diluted common share.","evidence_excerpt":"Financial Results for the Second Quarter of 2023 (in thousands, except per share data) Consolidated total revenue for the second quarter of 2023 increased 43%, or $3,824, to $12,670 compared to $8,846 for the second quarter of 2022. Consolidated service revenue for the second quarter of 2023 increased 60%, or $2,752, to $7,308 compared to $4,556 for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423010479/0001654954-23-010479-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$12,670"},{"label":"Net income","value":"loss of $(545)"},{"label":"EPS","value":"$(0.02) per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}