Short answer
Crexendo, Inc. (CXDO) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). May 5, 2026 press release covers Crexendo’s fiscal-year results.
Crexendo, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- May 5, 2026 press release covers Crexendo’s fiscal-year results
- Detailed financial results and management commentary are in Exhibit 99.1
- Disclosure furnished under Item 2.02, limiting Section 18 liability and incorporation by reference
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue rose 29% to $20.7M, led by service revenue of $10.6M and product revenue growth of 141% to $2.4M
- GAAP net income fell to $0.6M from $1.2M, despite 10 consecutive profitable quarters, as operating expenses increased 36% to $20.3M
- Adjusted EBITDA increased to $3.2M from $2.7M, while EBITDA declined to $1.6M from $1.9M
- ESI acquisition consumed $26.2M cash and added $7.4M in stock issuance, reducing cash to $7.2M from $31.4M
- Only one month of ESI contribution was included, making integration execution and future synergies key investor catalysts
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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