Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 241

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 1A
Chunk 241
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 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 
    $62,316,253  
    $3,017,769 
  
    E-Commerce
    revenues 
     1,334,622  
     210,790 
  
    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 

Note 23
— 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 Years Ended  June 30, 

    2025  
    2024 
  
    Net
    loss – basic