Company: FOXX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-043597
Chunk: 33

Company: Foxx Development Holdings Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 33
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2024         (Unaudited)   (Unaudited)   Wuhan Haoxun(1)  Controlled by an immediate family member of the Company’s 10% or more shareholder  $22,792   $45,584  

  Name of Related Party  Relationship  For the  Nine Months Ended March 31,  2025   For the Nine Months Ended March 31, 2024         (Unaudited)   (Unaudited)   Wuhan Haoxun(1)  Controlled by an immediate family member of the Company’s 10% or more shareholder  $91,168   $45,584  

  (1) On September 1, 2022, the Company entered into an agreement with Company A for the research and development project. 

18

Consulting expenses

  Name of Related Party  Relationship  For the Three Months Ended March 31,  2025   For the Three Months Ended March 31, 2024         (Unaudited)   (Unaudited)   Azure(1)  Owned by an immediate family member of the Company’s 10% or more shareholder  $141,000   $75,000  

  Name of Related Party  Relationship  For the Nine Months Ended March 31,  2025   For the Nine Months Ended March 31, 2024         (Unaudited)   (Unaudited)    Azure(1)  Owned by an immediate family member of the Company’s 10% or more shareholder  $423,000   $225,000  

  (1) On September 1, 2022, the Company entered into a consulting agreement to receive consulting services provided by a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder. 

Note 13 — Short-term loans

As of March 31, 2025 and
June 30, 2024, the outstanding short-term loan from third parties consists of the following:

    March 31,  2025  
    June 30,  2024 

    (Audited) 
  
    Lender A(1) 
    $          -  
    $261,208 
  
    Lender B(2) 
     -  
     30,