Crexendo, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $31.4M | $18.2M | $10.3M | $5.5M | $7.5M | $17.6M | $4.2M | $1.8M |
| Accounts Receivable | $4.9M | $4.4M | $3.5M | $3.3M | $2.2M | $538.0K | $380.0K | $419.0K |
| Inventory | $454.0K | $393.0K | $382.0K | $679.0K | $231.0K | $504.0K | $382.0K | $270.0K |
| Total Current Assets | $41.9M | $26.9M | $16.9M | $12.4M | $11.6M | $19.8M | $5.7M | $3.3M |
| Property, Plant & Equipment | $195.0K | $394.0K | $670.0K | $3.3M | $3.0M | $2.7M | $155.0K | $124.0K |
| Goodwill | $9.5M | $9.5M | $9.5M | $9.5M | $37.0M | $272.0K | $272.0K | $272.0K |
| Intangible Assets (Excl. Goodwill) | $17.9M | $20.5M | $23.6M | $26.7M | $22.2M | $252.0K | $465.0K | $167.0K |
| Total Assets | $77.7M | $64.9M | $56.2M | $55.6M | $77.2M | $30.7M | $7.8M | $4.5M |
| Liabilities | ||||||||
| Accounts Payable | $649.0K | $1.0M | $769.0K | $1.2M | $476.0K | $56.0K | $86.0K | $155.0K |
| Total Current Liabilities | $12.3M | $12.1M | $10.3M | $10.4M | $10.6M | $2.6M | $2.9M | $2.0M |
| Long-Term Debt | $114.0K | $592.0K | — | $1.0M | $1.9M | $1.9M | — | $0 |
| Total Liabilities | $13.9M | $13.5M | $11.5M | $14.2M | $11.2M | $4.9M | $3.4M | $2.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-81.7M | $-86.8M | $-88.5M | $-87.9M | $-52.5M | $-50.1M | $-58.0M | $-59.2M |
| Total Stockholders' Equity | $63.8M | $51.4M | $44.6M | $41.5M | $65.9M | $25.8M | $4.4M | $2.0M |