Company: FOXX
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006111
Chunk: 207

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 207
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,338 |
| Total revenues        |     | $                   | 3,228,559 |     | $ | 21,622,887 |

|                     |     | For the Years Ended 
 June 30,            |      2024 |     |   |       2023 |
|:--------------------|:----|:--------------------|----------:|:----|:--|-----------:|
| Wholesale revenues  |     | $                   | 3,017,769 |     | $ | 21,622,887 |
| E-Commerce revenues |     |                     |   210,790 |     |   |          — |
| Total revenues      |     | $                   | 3,228,559 |     | $ | 21,622,887 |

F-52

FOXX DEVELOPMENT INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 21 — Basic and diluted earnings per share Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted net income per share attributable to common stockholders adjusts basic earnings per share for the potentially dilutive impact of non -participatingshares of common stock that are subject to the convertible note, and other securities outstanding. Certain securities may be anti -dilutiveand would be excluded from the calculation of diluted earnings per share and disclosed separately. Because of the nature of the calculation, particular securities may be dilutive in some periods and anti -dilutivein other periods. The following table presents the computation of basic and diluted earnings per share attributable to common stockholders, for the periods presented:

|                                                       |     | For the Years Ended 
 June 30,            |       2024 |   |     |   |      2023 |
|:------------------------------------------------------|:----|:--------------------|-----------:|:--|:----|:--|----------:|
| Net (loss) income – basic EPS                         |     | $                   | (3,430,642 | ) |     | $ |    58,191 |
| Interest expenses incurred on the convertible note    |     |                     |    264,445 |   |     |   |     3,500 |
| Net (loss) income – diluted EPS                       |     | $                   | (3,166,197 | ) |     | $ |    61,691 |
| Basic weighted average shares outstanding             |     |                     |  1,000,