{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-014010","form_type":"8-K","ticker":"CXDO","cik":"0001075736","company_name":"Crexendo, Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.139567+00:00","generated_at":"2026-06-08T06:02:25.963331+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 Q3 revenue up 52% to $13.9M; reports GAAP net income of $1.7M","bullets":["Total revenue $13.9M, up 52% YoY; service revenue $7.5M, up 68%.","GAAP net income $1.7M ($0.06 diluted EPS) vs net loss $0.7M in Q3 '22.","Non-GAAP net income $3.3M ($0.12 diluted) vs $0.7M in prior-year quarter.","Adjusted EBITDA $2.1M, up from $0.9M; cash and equivalents $7.7M at quarter-end.","CEO cites record demand, exceeding 3.5M platform users, and new CPaaS/API/AI features."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-014010","json":"https://secwatch.observer/filing/0001654954-23-014010.json","markdown":"https://secwatch.observer/filing/0001654954-23-014010.md","text":"https://secwatch.observer/filing/0001654954-23-014010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423014010/0001654954-23-014010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423014010/cxdo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:02:25.963331+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":"5f8c84a62ee3d0f8071c2b11402674136aec1203","claim":"Crexendo, Inc. reported the third quarter ended September 30, 2023 results: revenue $13.9 million, net income $1.7 million, EPS $0.06 per diluted common share.","evidence_excerpt":"business, today announced financial results for the third quarter ended September 30, 2023. Third Quarter Financial highlights: · Total revenue increased 52% year-over-year to $13.9 million · GAAP net income of $1.7 million, or $0.07 per basic common share and $0.06 per diluted common share · Non-GAAP net income of $3.3 million, or $0.13 per basic common share and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423014010/0001654954-23-014010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$13.9 million"},{"label":"Net income","value":"$1.7 million"},{"label":"EPS","value":"$0.06 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a5b2b407527678b6a23eb4b564276747592c5ecb","claim":"Crexendo, Inc. reported the nine months ended September 30, 2023 results: revenue $39.0 million, net income $(0.4) million, EPS $(0.02) loss per basic and diluted common share.","evidence_excerpt":"Financial Results for the nine months ended September 30, 2023 (in thousands, except per share data) Consolidated total revenue for the nine months ended September 30, 2023 increased 49%, or $12.9 million, to $39.0 million compared to $26.1 million for the nine months ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423014010/0001654954-23-014010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Revenue","value":"$39.0 million"},{"label":"Net income","value":"$(0.4) million"},{"label":"EPS","value":"$(0.02) loss 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"}