Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 1180

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 6
Chunk 1180
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    Deferred
    tax liabilities: 

    Depreciation of property and
    equipment 
    $(1,066) 
    $(14,371)
  
    Right of use assets 
     (227,894) 
     (110,117)
  
    Total deferred tax liability 
     (228,960) 
     (124,488)
  
    Total deferred tax accounts,
    net 
    $-  
    $- 

F-32

The
Company’s taxes payable consist of the following:

    June
    30,  
    June
    30, 

    2025  
    2024 
  
    Income
    taxes payable 
    $76,743  
    $      - 

Uncertain
tax positions

The
Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the marketing
performance and measures the unrecognized benefits associated with the tax positions. As of June 30, 2025 and 2024, the Company
did not have any significant unrecognized uncertain tax positions.

Note 22
— Disaggregated information of revenues

Disaggregated
information of revenues by product type is as follows:

    For
    the Years Ended 

    June
    30, 

    2025  
    2024 

    Tablet products 
    $509,843  
    $660,787 
  
    Mobile phone products 
     59,696,955  
     2,567,772 
  
    Wearable
    products and others 
     3,444,077  
     - 
  
    Subtotal product revenues 
     63,650,875  
     3,228,559 
  
    App service commission revenue, net 
     2,166,477  
     - 
  
    Other services 
     101,814  
     - 
  
    Subtotal service revenues 
     2,268,291  
     - 
  
    Total
    revenues, net 
    $65,919,166  
    $3,228,559 

Disaggregated
information of revenues by business line is as follows:

    For
    the Years Ended 

    June
    30, 

    2025  
    2024 

    Wholesale revenues 
    $