Company: FOXX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-043597
Chunk: 6

Company: Foxx Development Holdings Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 6
---
  
    paid-in  
    Accumulated  
    comprehensive  

    Shares*  
    Amount  
    capital  
    deficit  
    loss  
    Total 
  
    BALANCE, June 30, 2023 
     3,303,333  
    $330  
    $7,024,162  
    $(7,596,286) 
    $              -  
    $(571,794)
  
    Net loss 
     -  
     -  
     -  
     (546,831) 
     -  
     (546,831)
  
    BALANCE, September, 2023 (Unaudited) 
     3,303,333  
     330  
     7,024,162  
     (8,143,117) 
     -  
     (1,118,625)
  
    Net loss 
     -  
     -  
     -  
     (640,610) 
     -  
     (640,610)
  
    BALANCE, December 31, 2023 (Unaudited) 
     3,303,333  
     330  
     7,024,162  
     (8,783,727) 
     -  
     (1,759,235)
  
    Net loss 

     (886,570) 
     -  
     (886,570)
  
    BALANCE, March 31, 2024 (Unaudited) 
     3,303,333  
    $330  
    $7,024,162  
    $(9,670,297) 
    $-  
    $(2,645,805)

*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 accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

3

FOXX DEVELOPMENT HOLDINGS
INC.

CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS

    For the Nine Months Ended 

    March 31,  
    March 31, 

    2025  
    202