Company: FOXX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-043597
Chunk: 162

Company: Foxx Development Holdings Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 162
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31, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues, net 
    $11,392,078  
    $513,836  
    $51,984,361  
    $1,346,663 
  
    Less cost of goods sold 
     10,728,765  
     553,518  
     48,732,206  
     1,286,762 
  
    Less significant segment expenses: 

    Commission expenses 
     58,409  
     -  
     421,802  
     - 
  
    Marketing consulting expenses 
     426,262  
     134,500  
     1,233,821  
     357,984 
  
    Warranty and testing expenses 
     280,227  
     7,945  
     810,287  
     54,416 
  
    Other selling and marketing expenses 
     195,955  
     12,774  
     417,886  
     87,402 
  
    Salary expenses 
     1,312,948  
     243,271  
     3,249,577  
     642,402 
  
    Professional expenses 
     441,663  
     241,455  
     1,449,299  
     545,489 
  
    Insurance expenses 
     111,284  
     7,072  
     448,170  
     33,020 
  
    Credit losses 
     401,988  
     -  
     464,988  
     - 
  
    Office expenses 
     74,883  
     8,429  
     257,609  
     33,167 
  
    Rent expenses 
     66,850  
     13,149  
     192,122  
     44,576 
  
    Other general and administrative 
     76,745  
     38,748  
     289,977  
     103,261 
  
    Other research and development expenses 
     427,386  
     -  
     1,007,607  
     - 
  
    Research