Company: FOXX
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001213900-25-112192
Chunk: 44

Company: Foxx Development Holdings Inc.
Filing Date: 2025-11-18
Form: 10-Q
Item: Item 1
Chunk 44
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,061  
     22,877,099 
  
    Wearable products and others 
     2,101,084  
     - 
  
    Subtotal product revenues 
     19,815,616  
     22,881,854 
  
    App service commission revenue 
     405,766  
     230,198 
  
    Other services 
     1,919  
     - 
  
    Subtotal service revenues 
     407,685  
     230,198 
  
    Total revenues, net 
    $20,223,301  
    $23,112,052 

Disaggregated information
of revenues by business line is as follows:

    For the Three Months Ended

    September 30,

    2025

    2024

    (Unaudited)

    (Unaudited)

    Wholesale revenues
     
    $
    19,526,884

    $
    22,859,453

    E-commerce revenues

    288,732

    22,401

    Subtotal product revenues

    19,815,616

    22,881,854

    App service commission revenue

    406,766

    230,198

    Other services

    1,919

    -

    Subtotal service revenues

    407,685

    230,198

    Total revenues, net
     
    $
    20,223,301

    $
    23,112,052

27

Note 21 — Basic and diluted
loss per share

Basic EPS is measured as
net loss divided by the weighted average common shares outstanding for the period. Diluted net loss per share attributable to common stockholders
adjusts basic loss per share for the potentially dilutive impact of non-participating shares of common stock that are subject to the convertible
note, and other securities outstanding. Certain securities may be anti-dilutive and would be excluded from the calculation of diluted
loss per share and disclosed separately. Because of the nature of the calculation, particular securities may be dilutive in some periods
and anti-dilutive in other periods.

The following table presents
the computation of basic and diluted loss per share attributable to common stockholders, for the periods presented:

    For the Three Months Ended  September 30, 

    2025  
    2024