Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 192

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 1A
Chunk 192
---
  
    $(7,596,286) 
    $   -  
    $(571,794)
  
    Net
    loss 
     -  
     -  
     -  
     (3,430,642) 
        -  
     (3,430,642)
  
    BALANCE, June
    30, 2024 
     3,303,333  
     330  
     7,024,162  
     (11,026,928) 
     -  
     (4,002,436)
  
    Conversion
    of convertible promissory notes into common stock upon completion of reverse recapitalization 
     1,696,668  
     170  
     15,408,515  
     -  
     -  
     15,408,685 
  
    Issuance
    of common stock upon completion of reverse recapitalization 
     2,270,096  
     227  
     (2,100,865) 
     -  
     -  
     (2,100,638)
  
    Earnout
    liabilities 
     -  
     -  
     (5,688,007) 
     -  
     -  
     (5,688,007)
  
    Transaction
    costs 
     -  
     -  
     (893,577) 
     -  
     -  
     (893,577)
  
    Issuance
    of common stock through exercise of warrants 
     10,500  
     1  
     120,749  
     -  
     -  
     120,750 
  
    Cancellation
    of common stock held in escrow 
     (500,000) 
     (50) 
     50  
     -  
     -  
     - 
  
    Stock-based
    compensation expenses 
     -  
     -  
     815,678  
     -  
     -  
     815,678 
  
    Foreign
    currency translation 
     -  
     -  
     -  
     -