Crexendo, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.2M | $9.1M | $7.8M | $7.6M | $10.3M | $17.2M | $48.0M | $65.8M |
| Cost of Revenue | $549.0K | $3.6M | $3.6M | $3.6M | $4.1M | $5.1M | $17.7M | $21.8M |
| Gross Profit | $9.6M | $5.5M | $4.2M | $4.0M | $6.2M | $12.1M | $30.3M | $44.0M |
| Gross Margin | 94.6% | 60.2% | 54.3% | 52.8% | 60.4% | 70.3% | 63.1% | 66.9% |
| Operating Expenses | ||||||||
| Research & Development | $750.0K | $826.0K | $779.0K | $1.6M | $1.7M | $2.0M | $3.3M | $3.1M |
| SG&A Expense | $4.1M | $4.9M | $5.9M | $6.7M | $7.0M | $12.2M | $12.2M | $14.6M |
| Operating Income | $-734.0K | $-2.8M | $-4.8M | $-6.6M | $-5.7M | $-6.1M | $-5.9M | $-6.6M |
| Operating Margin | -7.2% | -30.3% | -61.9% | -86.9% | -55.6% | -35.6% | -12.3% | -10.0% |
| Interest Expense | $209.0K | $138.0K | $28.0K | $3.0K | — | — | $2.0K | $4.0K |
| Pretax Income | $-1.0M | $-2.8M | $-4.6M | $-6.3M | $-5.2M | $-4.2M | $-1.2M | $-1.6M |
| Income Tax Expense | $7.0K | $12.0K | $-12.0K | $77.0K | $-257.0K | $-212.0K | $5.1M | — |
| Net Income | $-929.0K | $-2.8M | $-4.5M | $-6.4M | $-5.0M | $-3.9M | $-6.2M | $-2.3M |
| Net Margin | -9.1% | -30.6% | -58.0% | -84.0% | -48.1% | -23.0% | -13.0% | -3.5% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 16.22B | 15.55B | 15.09B | 12.99B | 12.47B | 12.37B | 12.33B | 13.22B |
| Shares Outstanding (Diluted) | 16.22B | 15.55B | 15.09B | 12.99B | 12.47B | 12.37B | 12.33B | 13.22B |
| Dividends Per Share | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 |