{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-005142","form_type":"8-K","ticker":"CXDO","cik":"0001075736","company_name":"Crexendo, Inc.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.433900+00:00","generated_at":"2026-05-22T10:42:31.007987+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 Q1 revenue up 12% to $16.1M; software solutions revenue surges 33%","bullets":["GAAP net income of $1.2M ($0.04 EPS); non-GAAP net income of $2.6M ($0.09 basic EPS).","Software solutions revenue grew 33% to $6.9M; gross margins expanded to 78% (up 500bps YoY).","Telecom service revenue up 4% to $8.2M; product revenue declined 22% to $1.0M.","Adjusted EBITDA of $2.6M vs $2.1M last year; cash increased to $21.2M from $18.2M.","Surpassed 6 million platform users; Oracle Cloud Infrastructure transition on schedule."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-005142","json":"https://secwatch.observer/filing/0001654954-25-005142.json","markdown":"https://secwatch.observer/filing/0001654954-25-005142.md","text":"https://secwatch.observer/filing/0001654954-25-005142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075736/000165495425005142/0001654954-25-005142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075736/000165495425005142/cxdo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T10:42:31.007987+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}