Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 784

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 3
Chunk 784
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 the significant revenue and expense categories of the Company’s
single operating segment: 

    For
    The Years Ended 

    June
    30,  
    June
    30, 

    2025  
    2024 
  
    Revenues, net 
    $65,919,166  
    $3,228,559 
  
    Less cost of goods sold 
     61,144,561  
     3,112,616 
  
    Less significant segment expenses: 

    Commission
    expenses 
     598,971  
     30,083 
  
    Marketing
    consulting expenses 
     1,458,879  
     566,084 
  
    Warranty
    and testing expenses 
     871,274  
     146,208 
  
    Marketing
    and advertising expenses 
     368,189  
     129,935 
  
    Other selling
    and marketing expenses 
     107,569  
     51,496 
  
    Payroll
    and payroll tax expenses 
     4,310,049  
     1,134,683 
  
    Professional
    expenses 
     1,953,380  
     718,949 
  
    Insurance
    expenses 
     622,179  
     96,575 
  
    Credit
    losses 
     913,190  
     - 
  
    Office
    expenses 
     329,571  
     53,202 
  
    Rent expenses 
     260,527  
     63,764 
  
    Travel
    expenses 
     239,999  
     69,712 
  
    Other general
    and administrative 
     178,202  
     92,554 
  
    Other research
    and development expenses 
     1,308,130  
     - 
  
    Research
    and development expenses-related party 
     136,752  
     91,168 
  
    Stock-based
    compensation expenses 
     815,678  
     - 
  
    Other segment items: 

    Interest
    expense 
     4,959,055  
     278,328 
  
    Other expense
    (income), net 
     (25,589) 
     4,016