Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 89

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 89
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 |                               |            |   |     |      |            |   |
| Interest paid                                                                                      |     | $                             |    323,528 |   |     | $    |    267,925 |   |
| Income taxes paid                                                                                  |     | $                             |        717 |   |     | $    |      1,101 |   |
| Non-cash investing and financing activities                                                        |     |                               |            |   |     |      |            |   |
| Expenses paid by related parties on behalf of the Company                                          |     | $                             |    354,550 |   |     | $    |          - |   |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations           |     | $                             |    (11,066 | ) |     | $    |    (30,201 | ) |

<div align='center'>See accompanying notes to the consolidated financial statements</div>

| F-6 |

<div align='center'>Alpha One Inc. and Subsidiaries

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED MARCH 31, 2024 AND 2023</div>

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Alpha One Inc. (“we”, “us”, the “Company” or “AOAO”) was originally incorporated in State of Nevada on May 5, 2006 under the name Microscints, Inc. On October 26, 2009 the Company’s name was changed from Microscints, Inc. to World Mobile Holdings, Inc. On March 19, 2020, the Company redomiciled from the State of Nevada to the State of Wyoming. On September 10, 2021, the Company’s name was changed from World Mobile Holdings, Inc. to Alpha One Inc, The Company had been engaged in the various business since its incorporation. The Company was not successful and discontinued the majority of its operation by December 31, 2016. Beginning from January 2017, the Company plans on providing business services and financing to emerging growth entities.

On October 8, 2019, Haining Zhang, filed a petition with the District Court, Clark County, Nevada, and the Court ordered that Mr. Zhang was appointed as receiver for the Company. Consequently, Mr. Zhang is granted the authority to conduct business of the Company pursuant to N.R.S. 78.630. H