Financial Data and Key Metrics Changes - Consolidated revenue for Q1 2020 increased by 11% to $3.9 million compared to $3.5 million in Q1 2019 [11] - Service revenue for Q1 2020 increased by 16% to $3.5 million compared to $3 million in Q1 2019 [11] - Net income for Q1 2020 was $140,000 or $0.01 per share, down from $239,000 or $0.02 per share in Q1 2019 [11] - Non-GAAP net income for Q1 2020 was $275,000 or $0.02 per share, compared to $343,000 or $0.02 per share in the same period of the prior year [12] - EBITDA for Q1 2020 was $284,000, up from $263,000 in the same period of the prior year [12] Business Line Data and Key Metrics Changes - UCaaS service revenue increased by 18% to $3.3 million in Q1 2020 compared to $2.8 million in Q1 2019 [11] - Product revenue decreased by 22% to $379,000 in Q1 2020 compared to $484,000 in Q1 2019 [11] - Web Service Segment service revenue decreased by 12% or $22,000 in Q1 2020 [11] Market Data and Key Metrics Changes - The company reported a 172% increase in usage of collaboration tools in March 2020 [16] - Sales backlog increased to $26.6 million, a 10% increase year-over-year [20] Company Strategy and Development Direction - The company is focused on increasing investment in the business to support long-term growth [9] - Plans to list on NASDAQ as the company has met all organic requirements [10] - The company is looking for accretive acquisitions to accelerate growth while maintaining focus on sales and service [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing the essential nature of their services during the COVID-19 pandemic [5] - The pandemic is expected to accelerate the migration of businesses to cloud communications [16] - Management believes the company is well-positioned to capitalize on post-COVID-19 opportunities [8] Other Important Information - The company took the FCC's Keep America Connected Pledge, agreeing not to disconnect customers for nonpayment during the crisis [7] - The company purchased its office building for $2.5 million, which is expected to save over $100,000 annually on facility costs [22] Q&A Session Summary Question: Changes in customer phone usage during lockdown - Management noted an increase in talk time due to remote work, with significant spikes in calling traffic [26] Question: Uptick in small business churn due to economic shutdown - Management indicated it is too early to assess the full impact but noted low attrition rates of less than 1% per quarter [27][28] Question: Impact of COVID-19 on product segments - Management attributed the decline in product revenue primarily to COVID-19, with previous high product revenue in Q1 2019 due to a rush install [30] Question: Changes in sales cycle since the pandemic - Management observed a slowdown in decision-making during the initial lockdown but noted that this is starting to recover [32] Question: Feedback from new partners - Management reported positive feedback from partners, especially those in non-telecom sectors who are now offering Crexendo products [34] Question: Competitive environment changes - Management acknowledged a competitive market but emphasized their strong positioning and focus on smaller, accretive acquisitions [41][42] Question: Metrics for purchasing the office building - Management evaluated the decision based on current lease rates and expected savings on operating expenses [44][45]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ——————— ——————— ——————— FORM 10-Q ——————— (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from ________ to ________. Commission file number 001-32277 Crexendo, Inc. (Exact name of registrant as specified in its charter) ...

Crexendo, Inc. (NASDAQ:CXDO) Q4 2019 Earnings Conference Call March 3, 2020 5:30 PM ET Company Participants Steve Mihaylo - Chairman and CEO Doug Gaylor - President and COO Ron Vincent - CFO Jeff Korn - General Counsel Conference Call Participants Andrew King - Dougherty & Company Allen Klee - National Securities Kevin Dede - H.C. Wainright Maj Soueidan - GeoInvesting Edward Gilmore - Little Grapevine Michael Kaufman - MK Investments Operator Good day, ladies and gentlemen, and welcome to your Crescendo Fou ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————— Nevada 001-32277 87-0591719 (State or Other Jurisdiction of Incorporation or Organization) (Commission File Number) (I.R.S. Employer Identification No.) Title of each class Name of each exchange on which registered Common Stock, par value $0.001 per share OTCQX Marketplace FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019: Or ☐ TRANSITION ...

Crexendo, Inc (NASDAQ:CXDO) Q3 2019 Earnings Conference Call November 5, 2019 5:30 PM ET Company Participants Jeffrey Korn - General Counsel, Secretary Steve Mihaylo - Chairman and CEO Ron Vincent - CFO Doug Gaylor - COO and President Conference Call Participants William Gibson - ROTH Capital Partners Kevin Dede - H.C. Wainwright & Co Michael Kaufman - MK Investments Operator Good day, ladies and gentlemen, and welcome to the Crexendo’s Third Quarter 2019 Earnings Call. [Operator Instructions] At this time, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ——————— ——————— ——————— FORM 10-Q ——————— (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from ________ to ________. Commission file number 001-32277 Crexendo, Inc. (Exact name of registrant as specified in its chart ...

Crexendo, Inc. (NASDAQ:CXDO) Q2 2019 Earnings Conference Call August 6, 2019 5:30 PM ET Company Participants Steven Mihaylo - Chairman and CEO Jeffrey Korn - Secretary Ronald Vincent - CFO Douglas Gaylor - COO and President Conference Call Participants William Gibson - ROTH Capital Partners Kevin Dede - H.C. Wainwright & Co Michael Kaufman - MK Investments Arham Khan - Eden Capital Operator Good day, ladies and gentlemen, and welcome to the Crexendo’s Second Quarter 2019 Earnings Call. [Operator Instructio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ——————— ——————— ——————— FORM 10-Q ——————— (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from ________ to ________. Commission file number 001-32277 Crexendo, Inc. (Exact name of registrant as specified in its charter) N ...

Investor Presentation June 2019 Symbol OTCQX: CXDO Safe Harbor This presentation includes forward-looking statements within the meaning of the federal securities laws. These statements relate to, among other things, our history, our business lines, business strategy, goals , plans and expectations concerning our business, our market position and the growth of our business, business lines and future business plans in which we compete and the benefits that our customers will realize from our services. We use ...

Financial Data and Key Metrics Changes - The company reported a consolidated revenue increase of 24% to $3.5 million for Q1 2019 compared to $2.8 million in Q1 2018 [15] - Net income for Q1 2019 was $239,000 or $0.02 per diluted common share, a significant improvement from a net loss of $63,000 in Q1 2018 [9][18] - Cash provided by operating activities increased by $294,000 compared to a net loss of $127,000 in Q1 2018 [12] - EBITDA for Q1 was $263,000 compared to a loss of $44,000 for the same period last year [19] Business Line Data and Key Metrics Changes - Cloud Telecommunications segment service revenue increased by 28% to $2.8 million compared to $2.2 million in Q1 2018 [16] - Web Services segment revenue decreased by 21% to $178,000 compared to $225,000 in Q1 2018 [16] - Product revenue increased by 32% to $484,000 compared to $366,000 in Q1 2018 [17] Market Data and Key Metrics Changes - The company highlighted that approximately 70% of the SMB and small enterprise market is still using legacy premise-based equipment, indicating significant growth opportunities [26] - The U.S. market for the company's services is estimated to be over $100 billion, with a worldwide market close to $1 trillion [30][35] Company Strategy and Development Direction - The company aims to expand its white label program, allowing partners to sell the Crexendo platform under their own branding, which is expected to enhance revenue opportunities [27] - The focus remains on achieving GAAP profitability through careful management of expenses and strategic growth [28] - The company is positioned to capitalize on the challenges faced by competitors, which may lead to increased partnership opportunities [56][62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to continue growing and providing shareholder value, citing strong sales bookings and a healthy backlog [24][37] - The competitive landscape is seen as favorable, with many competitors facing significant challenges, allowing the company to attract new partners [56][62] - Management emphasized the importance of maintaining a stable cost structure while pursuing organic growth [95] Other Important Information - The company reported a cash balance of $2.2 million as of March 31, 2019, up from $1.9 million at the end of 2018 [20] - The company has a low attrition rate of 2% or less per year, indicating strong customer retention [37] Q&A Session Summary Question: What is the dollar value of the served market that you're going after? - The worldwide market is estimated to be close to $1 trillion, with the U.S. market being over $100 billion [30] Question: Can you explain the difference between service and product revenue? - Product revenue comes from the sale of physical devices, while service revenue is primarily recurring from telecom services [46] Question: Do you see any seasonality in your business? - Management does not see significant seasonality, as the need for phone systems is consistent throughout the year [53] Question: How is the backlog calculated and recognized? - Backlog consists of contracted obligations, and revenue is recognized monthly as services are provided [66] Question: Are there any M&A opportunities being considered? - The company is cautious about M&A, focusing on organic growth and only pursuing opportunities that make financial sense [69][74]