Company: AOAO
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001493152-25-027381
Chunk: 126

Company: Alpha One Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 126
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 |     |      | 10,973,087 |
| Net (loss) income per common share                   |     |                     |            |   |     |      |            |
| - Basic                                              |     | $                   |      (0.56 | ) |     | $    |       0.11 |
| - Diluted                                            |     | $                   |      (0.56 | ) |     | $    |       0.11 |

| * | given effect of the Reverse Stock Split, see Note 17 |

NOTE 16 - SEGMENT INFORMATION

Reportable Segment

The Company operates as a single reportable segment, which is consistent with how the CODM, allocates resources and assesses performance. The Company’s operations are centralized and integrated, with financial results reviewed and managed on a consolidated basis. Accordingly, the management has determined that the Company has one reportable segment under ASC Topic 280, Segment Reporting.

Measure of Segment Profit or Loss

The CODM reviews financial information on a consolidated basis, using net income as the primary measure of segment performance to monitor budget versus actual results and decide where to allocate and invest additional resources to achieve continued growth. Net income is defined as revenue less cost of revenue and operating expenses, and other segment items (including interest income, interest expense and other income), and income taxes.

Significant Segment Expense Categories Provided to the CODM

|                                      |     | For the years ended 
 March 31,           |       2025 |   |     |   |        2024 |   |
|:-------------------------------------|:----|:--------------------|-----------:|:--|:----|:--|------------:|:--|
| Net revenues                         |     | $                   |    720,263 |   |     | $ |  23,549,144 |   |
| Cost of revenue                      |     |                     |   (864,677 | ) |     |   | (20,411,893 | ) |
| Gross (loss) profit                  |     |                     |   (144,414 | ) |     |   |   3,137,251 |   |
| Operating expenses                   |     |                     |            |   |     |   |             |   |
| General and administrative           |     |                     |  1,219,242 |   |     |   |     695,672 |   |
| Finance cost                         |     |                     |      1,