Foxx Development Holdings Inc. (FOXX)
2025-03-31 | 2024-12-31 | 2024-09-30 | ||
|---|---|---|---|---|
| Revenues, net | 11,392,078 | 17,480,231 | 23,112,052 | |
| Cost of goods sold | 10,728,765 | 15,289,565 | - | |
| Cost of revenue | - | - | 22,713,876 | |
| Gross profit (loss) | 663,313 | 2,190,666 | 398,176 | |
| Stock-based compensation expenses | - | 200,954 | - | |
| Selling expenses | 1,551,369 | 1,575,744 | 1,215,042 | |
| Research and development | 826,532 | 671,753 | 22,792 | |
| Research and development - related party | 22,792 | 45,584 | 7,028 | |
| General and administrative expenses | 1,823,287 | 1,937,731 | 961,247 | |
| Total operating expenses | 4,223,980 | 4,431,766 | - | |
| Costs and expenses | - | - | 2,206,109 | |
| Loss from operations | -3,560,667 | -2,241,100 | -1,807,933 | |
| Other income (expense), net | -2,118 | 1,861 | - | |
| Interest expense | 1,553,993 | 1,042,198 | 408,995 | |
| Change in fair value of earnout liabilities | -1,032,267 | -4,705,583 | 49,861 | |
| Total other (expense) income , net | -523,844 | 3,665,246 | -458,856 | |
| Loss bfore income taxes | -4,084,511 | 1,424,146 | -2,266,789 | |
| Net loss | -4,084,511 | 1,424,146 | -2,266,789 | |
| Foreign currency translation adjustment | -412 | - | - | |
| Comprehensive loss | -4,084,923 | 1,424,146 | -2,266,789 | |
| Basic eps | -0.58 | 0.2 | -0.65 | |
| Diluted eps | -0.58 | 0.2 | -0.65 | |
| Basic average shares | 7,050,260 | 7,280,366 | 3,477,696 | |
| Diluted average shares | 7,050,260 | 7,280,366 | 3,477,696 | |