foxx: the income statement

MyFinsight

For the year ending 2025-06-30, FOXX made $65,919,166 in revenue. -$9,025,138 in net income. Net profit margin of -13.69%.

Unit: Dollar

Income Statement	2025-06-30
Revenues, net	65,919,166
Cost of goods sold	61,144,561
Gross profit	4,774,605
Selling expenses	5,183,464
General and administrative expenses	7,068,426
Research and development - related party-Related Party	136,752
Research and development	2,083,897
Total operating expenses	14,472,539
Loss from operations	-9,697,934
Interest expense	4,959,055
Other income (expense), net	25,589
Change in fair value of earnout liabilities	-5,688,007
Total other income (expense), net	754,541
Loss bfore income taxes	-8,943,393
Provision for income taxes	76,743
Net loss	-9,020,136
Foreign currency translation adjustment	-5,002
Comprehensive loss	-9,025,138

Basic (in dollars per share)	-1.47
Basic (in shares)	6,148,467
Diluted (in dollars per share)	-1.47
Diluted (in shares)	6,148,467