Foxx Development Holdings Inc. financial data

Symbol
FOXX, FOXXW on Nasdaq
Industry
Computer Communications Equipment
Location
13284 Pond Springs Rd, Ste 405, Austin, TX
State of incorporation
DE
Fiscal year end
June 30
Former names
Acri Capital Merger Sub I Inc. (to 7/29/2024)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.28M shares
Common Stock, Shares, Outstanding 7.27M shares
Entity Public Float 26.7M USD
Common Stock, Value, Issued 727 USD
Weighted Average Number of Shares Outstanding, Basic 3.48M shares +5.28%
Weighted Average Number of Shares Outstanding, Diluted 3.48M shares +5.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23.1M USD
Cost of Revenue 22.7M USD
Research and Development Expense 22.8K USD
General and Administrative Expense 961K USD +217%
Costs and Expenses 2.21M USD +331%
Operating Income (Loss) -1.81M USD -253%
Nonoperating Income (Expense) -459K USD -1203%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.27M USD -315%
Net Income (Loss) Attributable to Parent -2.27M USD -315%
Earnings Per Share, Basic -0.65 USD/shares -282%
Earnings Per Share, Diluted -0.65 USD/shares -282%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.18M USD +3940%
Accounts Receivable, after Allowance for Credit Loss, Current 12.4M USD
Inventory, Net 4.54M USD
Assets, Current 47.6M USD
Property, Plant and Equipment, Net 166K USD
Operating Lease, Right-of-Use Asset 1.22M USD
Assets 49.5M USD
Accounts Payable, Current 19.3M USD
Contract with Customer, Liability, Current 144K USD
Liabilities, Current 47.9M USD
Operating Lease, Liability, Noncurrent 1.05M USD
Liabilities 49.1M USD
Retained Earnings (Accumulated Deficit) -13.3M USD
Stockholders' Equity Attributable to Parent 457K USD
Liabilities and Equity 49.5M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -243K USD +82.5%
Net Cash Provided by (Used in) Financing Activities 28.3M USD
Net Cash Provided by (Used in) Investing Activities -35K USD -745%
Common Stock, Shares Authorized 50M shares
Common Stock, Shares, Issued 7.27M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 28.6M USD +12483%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.07K USD +55.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 1.23M USD
Depreciation 11.3K USD +15.5%
Payments to Acquire Property, Plant, and Equipment 35K USD +745%
Lessee, Operating Lease, Liability, to be Paid 1.37M USD
Property, Plant and Equipment, Gross 239K USD
Operating Lease, Liability, Current 180K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 252K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 165K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 143K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 260K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 271K USD