Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 113

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 113
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893 and $12,408, respectively.

| F-14 |

NOTE 7 – INTANGIBLE ASSETS

Intangible assets and related accumulated amortization were as follows:

|                                         |     | As of March 31, |     2025 |   |     |   |    2024 |   |
|:----------------------------------------|:----|:----------------|---------:|:--|:----|:--|--------:|:--|
| Management Information System           |     | $               |  416,003 |   |     | $ | 416,003 |   |
| Less: Accumulated amortization          |     |                 | (111,991 | ) |     |   | (76,092 | ) |
| Foreign currency translation adjustment |     |                 |  (52,788 | ) |     |   | (50,760 | ) |
| Total                                   |     | $               |  251,224 |   |     | $ | 289,151 |   |

Amortization expense for the years ended March 31, 2025 and 2024 was $36,321 and $36,524, respectively, included in cost of revenues and general and administrative expenses. During the years ended March 31, 2025 and 2024, the Company recognized impairment loss of nil and nil, respectively.

As of March 31, 2025, the future estimated amortization costs for intangible assets are as follows:

| 2026       |     | $ |  36,321 |
| 2027       |     |   |  36,321 |
| 2028       |     |   |  36,321 |
| 2029       |     |   |  36,321 |
| 2030       |     |   |  36,321 |
| Thereafter |     |   |  69,619 |
| Total      |     | $ | 251,224 |

NOTE 8 – ACCRUED EXPENSES AND OTHER PAYABLE

Accrued expenses and other payable consisted of the following:

|                                     |     | As of March 31, |      2025 |     |   |      2024 |
|:------------------------------------|:----|:----------------|----------:|:----|:--|----------:|
| Staff salaries and welfare payables |     | $               |   213,391 |     |