Crexendo, Inc. balance sheet
At the end of fiscal 2025, Crexendo, Inc. had total assets of $77.7m, total liabilities of $13.9m and shareholders' equity of $63.8m. It held $31.4m in cash against $228,000 of debt.
Balance sheet
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 14 | 9 | 7 | 3 | 3 | 1 | 0 | 1 | 2 | 4 | 18 | 7 | 5 | 10 | 18 | 31 | 18 |
| Receivables | — | 9 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 4 | 5 | 6 |
| Inventory | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 1 |
| Total current assets | 32 | 22 | 13 | 6 | 5 | 3 | 2 | 3 | 3 | 6 | 20 | 12 | 12 | 17 | 27 | 42 | 35 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 9 | 9 | 9 | 9 | 14 |
| Total assets | 52 | 33 | 18 | 10 | 8 | 6 | 4 | 4 | 5 | 8 | 31 | 77 | 56 | 56 | 65 | 78 | 101 |
| Accounts payable | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Deferred revenue (current) | 14 | 9 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 |
| Total current liabilities | 21 | 13 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 11 | 10 | 10 | 12 | 12 | 17 |
| Long-term debt | — | — | — | — | 0 | 1 | 1 | 0 | 0 | 0 | 2 | 2 | 1 | 1 | 1 | 0 | — |
| Total debt | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 2 | 4 | 3 | 1 | 1 | 0 | 5 |
| Total liabilities | 32 | 20 | 7 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 5 | 11 | 14 | 12 | 14 | 14 | 23 |
| Shareholders' equity | 20 | 13 | 10 | 7 | 5 | 2 | 1 | 2 | 2 | 4 | 26 | 66 | 41 | 45 | 51 | 64 | 78 |
| Shares outstanding | 11m | 11m | 11m | 11m | 13m | 13m | 14m | 14m | 14m | 15m | 18m | 22m | 26m | 26m | 28m | 31m | 33m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 4 | 4 | 4 | 6 | 5 | 5 | 6 | 6 |
| Inventory | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
| Total current assets | 24 | 27 | 30 | 35 | 39 | 42 | 23 | 35 |
| Goodwill | 9 | 9 | 9 | 9 | 9 | 9 | 0 | 14 |
| Total assets | 62 | 65 | 67 | 71 | 76 | 78 | 91 | 101 |
| Accounts payable | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 |
| Deferred revenue (current) | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 |
| Total current liabilities | 11 | 12 | 11 | 12 | 14 | 12 | 17 | 17 |
| Long-term debt | 1 | 1 | 0 | 0 | 0 | 0 | — | — |
| Total debt | 1 | 1 | 0 | 0 | 0 | 0 | — | — |
| Total liabilities | 13 | 14 | 12 | 13 | 15 | 14 | 19 | 23 |
| Shareholders' equity | 49 | 51 | 55 | 58 | 61 | 64 | 73 | 78 |
| Shares outstanding | 27m | 28m | 29m | 30m | 31m | 31m | 32m | 33m |
Compare with peers
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