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v3.24.3

Subsequent Events (Details) - USD ($) |  |  |  |  |  |  |  |  | 6 Months Ended | 12 Months Ended |  |  |  |  |
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Sep. 26, 2024 | Aug. 12, 2024 | Jul. 12, 2024 | Jul. 09, 2024 | May 30, 2024 | Mar. 13, 2024 | Feb. 13, 2024 | Jan. 12, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2024 | Sep. 25, 2024 | Aug. 31, 2024 | Jul. 11, 2024 | Feb. 23, 2024
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Convertible promissory notes |  |  |  |  |  |  |  |  | $ 6,000,000 | $ 2,000,000 | $ 6,000,000 |  |  |  |  |  |  |
Shares of common stock (in Shares) |  |  |  |  |  |  |  |  | 1,000,000 | 1,000,000 | 1,000,000 |  |  |  |  |  |  |
Common stock par value (in Dollars per share) |  |  |  |  |  |  |  |  | $ 0.001 | $ 0.001 | $ 0.001 |  |  |  |  |  |  |
Shares of new foxx common stock (in Shares) |  |  |  |  | 5,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |
Description of financial performance |  |  |  |  |  |  |  |  |  |  | Additionally, the Foxx Stockholders may be entitled to receive “Earnout Shares”, which refer to 4,200,000 shares of New Foxx Common Stock, subject to the vesting schedule as follows: ●(i) in connection with the financial performance for the fiscal year ending June 30, 2024: o (A) 700,000 Earnout Shares will be issued to Foxx Stockholders on a pro rata basis if and only if the New Foxx’s audited consolidated financial statements for the fiscal year ending June 30, 2024 (“2024 Audited Financial Statements”), prepared in accordance with the Generally Accepted Accounting Principles of the United States (“U.S. GAAP”) and filed with the SEC on Form 10-K by New Foxxafter Closing, reflect revenue of New Foxx for the fiscal year ending June 30, 2024 (the “2024 Revenue”) no less than $67,000,000 (including $67,000,000) and less than $84,000,000 (excluding $84,000,000); o(B) 1,400,000 Earnout Shares will be issued to Foxx Stockholders on a pro rata basis if and only if the 2024 Revenue reflected in the 2024 Audited Financial Statements is no less than $84,000,000 (including $84,000,000) and less than $100,000,000 (excluding $100,000,000); o(C) 2,100,000 Earnout Shares will be issued to Foxx Stockholders on a pro rata basis if and only if the 2024 Revenue reflected in the 2024 Audited Financial Statements is no less than $100,000,000 (including $100,000,000); provided, however, that the Earnout Shares will be issued and delivered pursuant to one paragraph from (i)(A)-(i)(C) above only once; and ●(ii) in connection with the financial performance for the fiscal year ending June 30, 2025: o (A) 700,000 Earnout Shares will be issued to Foxx Shareholders on a pro rata basis if and only if the New Foxx’s audited consolidated financial statements for the fiscal year ending June 30, 2025 (“2025 Audited Financial Statements”), prepared in accordance with U.S. GAAP and filed with the SEC on Form 10-K by New Foxxafter Closing, reflect revenue of New Foxxfor the fiscal year ending June 30, 2025 (the “2025 Revenue”) no less than $77,050,000 (including $77,050,000) and less than $96,600,000 (excluding $96,600,000); o(B) 1,400,000 Earnout Shares will be issued to Foxx Stockholders on a pro rata basis if and only if the 2025 Revenue reflected in the 2025 Audited Financial Statements is no less than $96,600,000 (including $96,600,000) and less than $115,000,000 (excluding $115,000,000); o(C) 2,100,000 Earnout Shares will be issued to Foxx Stockholders on a pro rata basis if and only if the 2025 Revenue reflected in the 2025 Audited Financial Statements is no less than $115,000,000 (including $115,000,000); provided, however, that the Earnout Shares will be issued and delivered pursuant to one paragraph from (ii)(A) to (ii)(C) above only once. |  |  |  |  |  |  |
Subsequent Event [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental agreement term |  |  | 7 years | 5 years |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental amount |  |  | $ 65,745 | $ 10,534 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage of rental incremental rate |  |  | 4.00% | 5.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant issued (in Shares) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
Redeemable warrant (in Shares) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
Common stock par value (in Dollars per share) | $ 0.0001 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares of new foxx common stock (in Shares) | 5,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Member] | New Foxx [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares of common stock (in Shares) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  |
Common stock par value (in Dollars per share) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 11.5 |  |  |
Subsequent Event [Member] | Escrow Arrangement [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares of new foxx common stock (in Shares) | 500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Member] | Convertible Promissory Notes [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Convertible promissory notes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 9,000,000 |  | $ 9,000,000 |  |
Acri Capital Acquisition Corporation [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposited into trust account |  |  |  |  |  | $ 75,000 | $ 75,000 | $ 75,000 |  |  |  |  |  |  |  |  |  |
Deferred underwriter’s discount |  |  |  |  |  |  |  |  |  |  |  | $ 2,587,500 |  |  |  |  |  | $ 2,156,250
Unsecured promissory note |  |  |  |  |  |  |  |  | $ 1,071,580 | $ 910,924 |  | $ 1,431,747 | $ 316,827 |  |  |  |  |
Acri Capital Acquisition Corporation [Member] | Unsecured Promissory Notes [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Shares of common stock (in Shares) |  |  |  |  |  |  |  |  |  |  |  | 43,125 |  |  |  |  |  |
Issued unsecured promissory note |  |  |  |  |  |  |  |  |  |  |  | $ 75,000 |  |  |  |  |  |
Cash payable |  |  |  |  |  |  |  |  |  |  |  | $ 1,725,000 |  |  |  |  |  |
Acri Capital Acquisition Corporation [Member] | Subsequent Event [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposit amount |  | $ 50,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 50,000 |
Warrant [Member] | Subsequent Event [Member] | New Foxx [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock par value (in Dollars per share) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 1 |  |  |
Sponsor [Member] | Acri Capital Acquisition Corporation [Member] | Unsecured Promissory Note [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unsecured promissory note |  |  |  |  |  |  |  |  | $ 50,000 |  |  |  |  |  |  |  |  |
Sponsor [Member] | Acri Capital Acquisition Corporation [Member] | Subsequent Event [Member] | Unsecured Promissory Note [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unsecured promissory note |  | $ 50,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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