Company: APXIF
Filing Date: 2025-07-03
Form Type: F-4/A
Source: 0001213900-25-061545
Chunk: 694

Company: APx Acquisition Corp. I
Filing Date: 2025-07-03
Form: F-4/A
Chunk 694
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 Argentina    |
| 2024        |     |     2,054,429 |     |   719,050 |     |       2029 |     | Argentina    |

16.Revenues

|                      |     | Years ended June 30, |     |           |
|                      |     |                 2024 |     |      2023 |
| Heritas Diagnostics  |     |            1,702,559 |     | 1,824,664 |
| Rewell Test Services |     |              116,811 |     |    55,275 |
| Total revenues       |     |            1,819,370 |     | 1,879,939 |

Contract liability As of June 30, 2024, contract liabilities consisted of the following:

|                          |     |         As of 
 June 30, 2024 |     |         As of 
 June 30, 2023 |
|:-------------------------|:----|--------------:|:----|--------------:|
| Heritas Diagnostics      |     |        87,170 |     |             — |
| Rewell Test Services     |     |         7,812 |     |         4,346 |
| Total contract liability |     |        94,982 |     |         4,346 |

F-152

Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 16.Revenues (cont.) The Group recognizes as contract liabilities the amount of advance payments and billings that exceed recognized revenue. In the case of the Rewell test services, customer revenue is generally billed upon collection and recognized at the time when the corresponding service is provided to the customers (this is, when control of the deliverable is transferred). To the extent that the service is not provided by the reporting date, the amount is recognized as a contract liability. 17.Expenses by nature Expenses are classified by their function in the statement of operations. The following tables provide additional disclosure regarding their nature and their relationship to the function for the years ended June 30, 2024, and 2023:

|                                                              |     | Year ended June 30, 2024 |     |              |     |                |     |          |     |           |
|:-------------------------------------------------------------|:----|-------------------------:|:----|-------------:|:----|---------------:|:----|---------:|:----|----------:|
|                                                              |