Foxx Development Holdings Inc. Financial Summary

Complete Filing Data

Foxx Development Holdings Inc. reported Stockholders Equity of -$571.8 thousand for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Foxx Development Holdings Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Cost of Revenue *$61.1M$3.1M$20.5M
Net Income Loss-$9.0M-$3.4M$58.2K
Operating Income Loss-$9.7M-$3.1M$86.2K
Nonoperating Income Expense$754.5K-$282.3K-$13.8K
Interest Expense Nonoperating$5.0M$278.3K$9.3K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$8.9M-$3.4M$72.4K
General And Administrative Expense$7.1M$2.1M$487.7K
Revenues$65.9M$3.2M$21.6M
Gross Profit$4.8M$115.9K$1.1M
Other Nonoperating Income Expense$25.6K-$4.0K-$4.5K
Operating Expenses$14.5M$3.2M$1.0M
Research And Development Expense$2.1M$91.2K$272.1K
Income Taxes Paid$850.00$35.7K
Comprehensive Income Net Of Tax-$9.0M-$3.4M
Interest Expense From Convertible Promissory Notes$140.7K$264.4K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q1 2024Q4 2023Q3 2023
Cost of Revenue *$14.5M$17.5M$10.7M$15.3M$22.7M$553.5K$733.2K
Net Income Loss-$4.3M-$2.9M-$4.1M$1.4M-$2.3M-$886.6K-$640.6K-$546.8K
Operating Income Loss-$2.2M-$892.2K-$3.6M-$2.2M-$1.8M-$792.6K-$583.2K-$511.6K
Nonoperating Income Expense-$2.1M-$2.0M-$523.8K$3.7M-$458.9K-$74.1K-$57.4K-$35.2K
Interest Expense Nonoperating$2.0M$2.0M$1.6M$1.0M$409.0K$77.6K$52.9K$39.3K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$4.3M-$2.9M-$4.1M$1.4M-$2.3M-$866.7K-$640.6K-$546.8K
General And Administrative Expense$3.1M$2.4M$1.8M$2.0M$961.2K$552.1K$546.5K$303.3K
Revenues$16.7M$20.2M$11.4M$17.5M$23.1M$513.8K$832.8K
Gross Profit$2.2M$2.7M$663.3K$2.2M$398.2K-$39.7K$99.6K
Other Nonoperating Income Expense-$60.1K$38.7K-$2.1K$1.9K$3.4K-$4.6K$4.1K
Operating Expenses$4.4M$3.6M$4.2M$4.4M$2.2M$752.9K$682.8K
Research And Development Expense$193.2K$306.4K$826.5K$717.3K$7.0K
Income Taxes Paid$5.1K$50.00
Comprehensive Income Net Of Tax-$4.3M-$2.9M-$4.1M$1.4M-$2.3M-$886.6K
Interest Expense From Convertible Promissory Notes$140.7K$35.4K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Stockholders Equity-$571.8K-$630.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$1.8M$21.7K
Contract With Customer Liability Current$27.00$609.2K
Repayments Of Other Long Term Debt$17.8K$16.0K$5.8K
Cash And Cash Equivalents At Carrying Value$587.4K
Retained Earnings Accumulated Deficit-$11.0M-$7.6M
Property Plant And Equipment Net$142.6K$173.7K
Prepaid Expense And Other Assets Current$44.1K$11.4K
Other Accounts Payable And Accrued Liabilities$468.2K$27.5K
Operating Lease Right Of Use Asset Amortization Expense$214.3K$32.5K
Liabilities Current$8.9M$2.5M
Liabilities And Stockholders Equity$5.4M$2.0M
Liabilities$9.4M$2.6M
Common Stock Value$330.00$1.0K
Assets Current$4.3M$1.8M
Assets$5.4M$2.0M
Operating Lease Right Of Use Asset$405.8K
Operating Lease Liability Noncurrent$332.4K
Operating Lease Liability Current$72.5K
Inventory Net$1.8M
Initial Recognition Of Operating Rightofuse Assets And Lease Liabilities$750.3K$438.2K
Accounts Receivable Net Current$251.9K
Accounts Payable Current$1.4M
Long Term Debt Noncurrent$95.4K
Liabilities Noncurrent$427.9K
Additional Paid In Capital Common Stock$7.0M
Deferred Transaction Costs Included In Other Payables And Accrued Liabilities$300.0K$20.8K
Other Long Term Debt Current$23.7K$19.5K$16.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$1.2M$1.8M
Repayments Of Short Term Debt$291.2K$91.2K$154.3K
Allowance For Doubtful Accounts Receivable Current

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Stockholders Equity-$11.8M-$7.9M-$5.4M-$1.6M$2.2M$457.2K-$4.0M-$2.6M-$1.8M-$1.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$1.8M$1.5M$1.9M$3.8M$3.9M$28.6M$587.4K$254.8K$456.0K$227.2K
Contract With Customer Liability Current$23.5K$367.7K$378.00$211.1K$784.2K$143.6K$649.5K$89.8K$601.0K
Repayments Of Other Long Term Debt$7.0K$4.7K$2.8K
Cash And Cash Equivalents At Carrying Value$1.8M$1.5M$1.9M$3.8M$3.9M$9.2M$227.2K
Retained Earnings Accumulated Deficit-$27.2M-$22.9M-$20.0M-$16.0M-$11.9M-$13.3M
Property Plant And Equipment Net$102.3K$119.4K$131.7K$143.5K$187.4K$166.3K
Prepaid Expense And Other Assets Current$1.4M$1.2M$1.8M$1.2M$1.0M$337.0K
Other Accounts Payable And Accrued Liabilities$2.9M$3.9M$3.6M$3.2M$2.1M$1.5M
Operating Lease Right Of Use Asset Amortization Expense$434.4K$54.4K
Liabilities Current$34.0M$37.5M$30.4M$33.4M$28.7M$47.9M
Liabilities And Stockholders Equity$42.0M$49.8M$26.0M$32.9M$31.9M$49.5M
Liabilities$53.9M$57.7M$31.4M$34.4M$29.7M$49.1M
Common Stock Value$696.00$678.00$678.00$678.00$728.00$727.00
Assets Current$19.8M$27.1M$23.6M$30.4M$30.0M$47.6M
Assets$42.0M$49.8M$26.0M$32.9M$31.9M$49.5M
Operating Lease Right Of Use Asset$20.9M$21.4M$1.1M$1.1M$1.2M$1.2M
Operating Lease Liability Noncurrent$19.9M$20.2M$889.8K$944.1K$997.7K$1.1M
Operating Lease Liability Current$1.2M$1.1M$211.5K$209.4K$201.6K$180.5K
Inventory Net$10.2M$11.5M$12.7M$16.7M$15.8M$4.5M
Initial Recognition Of Operating Rightofuse Assets And Lease Liabilities$20.8M$750.3K
Accounts Receivable Net Current$6.3M$12.8M$6.8M$7.1M$7.6M$12.4M
Accounts Payable Current$29.7M$31.7M$26.2M$29.4M$24.1M$19.3M
Long Term Debt Noncurrent$61.4K$67.5K$73.4K$79.2K$84.8K$90.2K
Liabilities Noncurrent$19.9M$20.3M$963.2K$1.0M$1.1M$1.1M
Additional Paid In Capital Common Stock$15.4M$15.0M$14.7M$14.4M$14.1M$13.8M
Deferred Transaction Costs Included In Other Payables And Accrued Liabilities$300.0K$8.0K
Other Long Term Debt Current$21.4K$20.7K$20.1K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$28.0M-$1.6M
Repayments Of Short Term Debt$291.2K
Allowance For Doubtful Accounts Receivable Current$478.5K$635.9K$595.9K$465.0K$63.0K$0.00

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Proceeds From Convertible Debt$9.0M$4.0M$2.0M
Net Cash Provided By Used In Operating Activities-$6.6M-$4.7M$30.2K
Net Cash Provided By Used In Financing Activities$7.9M$3.5M$1.8M
Increase Decrease In Prepaid Deferred Expense And Other Assets$2.0M$32.7K-$582.0K
Increase Decrease In Other Accounts Payable And Accrued Liabilities$2.4M$155.5K$20.6K
Net Cash Provided By Used In Investing Activities-$40.2K-$8.7K-$66.9K
Payments To Acquire Property Plant And Equipment$68.3K$8.7K$66.9K
Increase Decrease In Inventories$10.9M$1.8M
Increase Decrease In Due To Other Related Parties-$150.8K$26.2K
Increase Decrease In Contract With Customer Liability-$649.1K$649.4K
Increase Decrease In Security Deposits-$1.1M-$29.9K
Increase Decrease In Contract With Customer Asset-$1.2M$1.7M
Increase Decrease In Accounts Receivable$7.1M$251.9K
Payments Of Stock Issuance Costs$131.4K$441.4K
Increase Decrease In Operating Lease Liability-$175.6K-$33.3K
Increase Decrease In Due From Related Parties Current$7.9K$140.00
Increase Decrease In Accrued Income Taxes Payable-$226.3K-$15.8K$14.2K
Increase Decrease In Accounts Payable$24.8M$1.4M
Share Based Compensation$815.7K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q4 2024Q3 2024Q3 2023
Proceeds From Convertible Debt$9.0M
Net Cash Provided By Used In Operating Activities-$376.8K-$243.5K-$1.4M
Net Cash Provided By Used In Financing Activities-$7.0K$28.3M-$205.8K
Increase Decrease In Prepaid Deferred Expense And Other Assets-$809.4K$210.5K$9.2K
Increase Decrease In Other Accounts Payable And Accrued Liabilities$333.4K$214.1K$65.5K
Net Cash Provided By Used In Investing Activities-$35.0K-$4.1K
Payments To Acquire Property Plant And Equipment$35.0K$4.1K
Increase Decrease In Inventories-$745.7K$2.8M$466.0K
Increase Decrease In Due To Other Related Parties$6.2K-$77.2K-$25.0K
Increase Decrease In Contract With Customer Liability$367.3K-$505.9K$601.0K
Increase Decrease In Security Deposits-$573.8K-$27.4K
Increase Decrease In Contract With Customer Asset-$189.7K$31.1K$1.0M
Increase Decrease In Accounts Receivable$6.0M$12.1M$200.00
Payments Of Stock Issuance Costs$131.4K$111.8K
Increase Decrease In Operating Lease Liability-$496.0K-$45.8K
Increase Decrease In Due From Related Parties Current-$8.0K-$140.00
Increase Decrease In Accrued Income Taxes Payable-$5.1K
Increase Decrease In Accounts Payable$5.4M$17.9M
Share Based Compensation$296.8K$201.0K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Weighted Average Number Of Shares Outstanding Basic6.1M3.3M1.0M
Weighted Average Number Of Diluted Shares Outstanding6.1M3.3M1.0M
Earnings Per Share Diluted$-1.47$-1.04$0.06
Earnings Per Share Basic$-1.47$-1.04$0.06
Common Stock Shares Outstanding3.3M1.0M
Common Stock Shares Issued3.3M1.0M
Common Stock Shares Authorized6.6M2.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024Q4 2023Q3 2023
Weighted Average Number Of Shares Outstanding Basic6.9M6.8M7.1M7.3M3.5M3.3M3.3M3.3M
Weighted Average Number Of Diluted Shares Outstanding6.9M6.8M7.1M7.3M3.5M3.3M3.3M3.3M
Earnings Per Share Diluted$-0.62$-0.42$-0.58$0.20$-0.65$-0.27$-0.19$-0.17
Earnings Per Share Basic$-0.62$-0.42$-0.58$0.20$-0.65$-0.27$-0.19$-0.17
Common Stock Shares Outstanding7.0M6.8M6.8M6.8M7.3M7.3M
Common Stock Shares Issued7.0M6.8M6.8M6.8M7.3M7.3M
Common Stock Shares Authorized50.0M50.0M50.0M50.0M50.0M50.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Contract With Customer Asset Net Current$583.9K
Selling Expense$5.2M$1.1M$262.8K
Depreciation$47.7K$39.8K$20.8K
Interest Paid Net$2.5M$13.7K$7.1K
Security Deposit$29.9K
Provision For Doubtful Accounts$913.2K
Fair Value Adjustment Of Warrants-$5.7M
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs$893.6K$893.6K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Contract With Customer Asset Net Current$138.7K$265.1K$454.8K$1.7M$1.6M$1.7M$1.7M$1.7M$1.7M$1.0M
Selling Expense$1.1M$901.7K$1.6M$1.6M$1.2M$155.2K$136.3K$208.3K
Depreciation$11.6K$11.7K$12.4K$12.3K$11.3K$10.0K$9.9K$9.8K
Interest Paid Net$1.6M$4.1K$2.6K
Security Deposit$1.2M$1.2M$1.2M$1.2M$603.7K$603.7K
Provision For Doubtful Accounts-$104.3K$402.0K$63.0K$0.00$0.00
Fair Value Adjustment Of Warrants-$1.0M-$4.7M$49.9K
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs$893.6K

Most recent annual filing with the SEC: October 15, 2025

Data sourced from SEC EDGAR public filings as of August 7, 2026.