Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 63

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 63
---
 of $2,927,134, or 86%, as compared to revenue of $3,399,276 for the six months ended
September 30, 2023. The decrease in net revenues was mainly due to a decrease in sales of intelligent products from the third parties.

Cost of Revenues

Cost of revenues totaled $258,656 for the three months ended September 30, 2024, reflecting a decrease of $1,055,394, or 80%, as compared to cost of revenues of $1,314,050 for the three months ended September 30, 2023. The decrease in cost of revenue was due to decrease of the revenue described above.

Cost of revenues totaled $575,089 for the six
months ended September 30, 2024, reflecting a decrease of $1,385,312, or 71%, as compared to cost of revenues of $1,960,401 for the six
months ended September 30, 2023. The decrease in cost of revenue was due to decrease of the revenue described above.

Gross (Loss) Profit

Gross loss was $105,359 for the three months ended September 30, 2024, reflecting a decrease of $664,445, or 119%, as compared to gross profit of $559,086 for the three months ended September 30, 2023. The decreased was primarily due to the decrease of revenues described above.

Gross loss was $102,947 for the six months ended
September 30, 2024, reflecting a decrease of $1,541,822, or 107%, as compared to gross profit of $1,438,875 for the six months ended
September 30, 2023. The decreased was primarily due to the decrease of revenues described above.

Operating Expenses

Operating expenses totaled $388,418
for the three months ended September 30, 2024, reflecting an increase of $37,121, or 11%, as compared to
operating expenses of $351,297 the three months ended September 30, 2023. The increase was primarily due to the increase
in directors and staffs’ salary, software maintenance fee, consulting and professional expense incurred in 2024 in connection with
the business operation.

Operating expenses totaled $643,599 for the six
months ended September 30, 2024, reflecting an increase of $116,692, or 22%, as compared to operating expenses