Company: FOXX
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001213900-25-112192
Chunk: 3

Company: Foxx Development Holdings Inc.
Filing Date: 2025-11-18
Form: 10-Q
Item: Item 1
Chunk 3
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    $(0.42) 
    $(0.65)
  
    Diluted 
    $(0.42) 
    $(0.65)

*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.

2

FOXX DEVELOPMENT HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGE
IN STOCKHOLDERS’ EQUITY (DEFICIT)

    For the Three Months Ended September 30, 2025 

    Additional  
       
    Accumulated other  

    Common stock  
    paid-in  
    Accumulated  
    comprehensive  

    Shares  
    Amount  
    capital  
    deficit  
    loss  
    Total 
  
    BALANCE, June 30, 2025 
     6,780,597  
    $678  
    $14,686,705  
    $(20,047,064) 
    $(5,002) 
     (5,364,683)
  
    Stock-based compensation expenses 
     -  
     -  
     296,797  
     -  
     -  
     296,797 
  
    Foreign currency translation 
     -  
     -  
     -  
     -  
     (6,525) 
     (6,525)
  
    Net loss 
     -  
     -  
     -  
     (2,865,442) 
     -  
     (2,865,442)
  
    BALANCE, September 30, 2025 (Unaudited) 
     6,780,597  
    $678  
    $14,983,502  
    $(22,912,506) 
    $(11,527) 
    $(7,939,853)

    For the Three Months Ended September 30, 2024 

    Additional  
       
    Accumulated
    other  

    Common stock  
    paid-in  
    Accumulated  
    comprehensive  

    Shares*  
    Amount  
    capital  
    deficit  
    loss