Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 113

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 113
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 |   |     |   |  16,695 |   |
| Communication equipment                 |     |                 |  39,582 |   |     |   |  39,582 |   |
| Leasehold improvement                   |     |                 | 116,483 |   |     |   | 116,483 |   |
| Total property and equipment            |     |                 | 182,082 |   |     |   | 182,082 |   |
| Less: Accumulated depreciation          |     |                 | (66,290 | ) |     |   | (38,397 | ) |
| Foreign currency translation adjustment |     |                 |  (8,379 | ) |     |   |  (7,422 | ) |
| Property and equipment, net             |     | $               | 107,413 |   |     | $ | 136,263 |   |

Depreciation expense, which was included in cost of revenues and general and administrative expenses, for the years ended March 31, 2025 and 2024 was $27,893 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