Company: FOXX
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014221
Chunk: 5

Company: Foxx Development Holdings Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 5
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 31, 2024 (Unaudited) 
     7,280,597  
    $728  
    $14,071,931  
    $(11,869,571) 
    $2,203,088 

    For the Six Months Ended December 31, 2023 

    Additional  

    Common stock  
    paid-in  
    Accumulated  

    Shares*  
    Amount  
    capital  
    deficit  
    Total 
  
    BALANCE, June 30, 2023 
     3,303,333  
    $330  
    $7,024,162  
    $(7,596,286) 
    $(571,794)
  
    Net loss 
     -  
     -  
     -  
     (546,831) 
     (546,831)
  
    BALANCE, September 30, 2023 (Unaudited) 
     3,303,333  
     330  
     7,024,162  
     (8,143,117) 
     (1,118,625)
  
    Net loss 
     -  
     -  
     -  
     (640,610) 
     (640,610)
  
    BALANCE, December 31, 2023 (Unaudited) 
     3,303,333  
    $330  
    $7,024,162  
    $(8,783,727) 
    $(1,759,235)

*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.

3

FOXX DEVELOPMENT HOLDINGS
INC.

CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS

    For the Six Months Ended 

    December 31,  
    December 31, 

    2024  
    2023 

    (Unaudited)  
    (Unaudited) 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(842,643) 
    $(1,