Foxx Development Holdings Inc.
For the period ended Sep 30, 2025. Filed Nov 18, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 18, 2025
FOXX$1.50-6.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
| For the Three Months Ended | |||
|---|---|---|---|
| September 30, · September 30, | |||
| 2025 · 2024 | |||
| (Unaudited) · (Unaudited) | |||
| REVENUES, NET | $20,223,301 | $23,112,052 | |
| COST OF GOODS SOLD | 17,478,734 | 22,713,876 | |
| GROSS PROFIT | 2,744,567 | 398,176 | |
| OPERATING EXPENSES: | |||
| Selling expenses | 901,656 | 1,215,042 | |
| General and administrative expenses | 2,428,673 | 961,247 | |
| Research and development - related party | - | 22,792 | |
| Research and development | 306,432 | 7,028 | |
| Total Operating Expenses | 3,636,761 | 2,206,109 | |
| LOSS FROM OPERATIONS | (892,194) | (1,807,933) | |
| OTHER EXPENSE | |||
| Interest expense | (2,011,905) | (408,995) | |
| Other income, net | 38,657 | - | |
| Change in fair value of earnout liabilities | - | (49,861) | |
| Total Other Expense, net | (1,973,248) | (458,856) | |
| LOSS BEFORE INCOME TAXES | (2,865,442) | (2,266,789) | |
| PROVISION FOR INCOME TAXES | - | - | |
| NET LOSS | (2,865,442) | (2,266,789) | |
| OTHER COMPREHENSIVE LOSS | |||
| Foreign currency translation adjustment | (6,525) | - | |
| COMPREHENSIVE LOSS | $(2,871,967) | $(2,266,789) | |
| WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES | |||
| Basic | 6,780,597 | 3,477,696 | * |
| Diluted | 6,780,597 | 3,477,696 | * |
| LOSS PER SHARE | |||
| Basic | $(0.42) | $(0.65) | |
| Diluted | $(0.42) | $(0.65) | |
| * | Giving retroactive effect to reverse recapitalization effected on September 26, 2024 to reflect exchange ratio of approximately 3.3033 as described in Note 4. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.