Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 134

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 134
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 | $             | (8,322 | ) |     | $         | (4,438 | ) |

NOTE 4 – ACCOUNTS RECEIVABLE, NET

Accounts receivable consisted of the following as of September 30, 2024 and March 31, 2024:

|                                       |     |   | September 30, 
          2024 |   |     |   | March 31, 
      2024 |   |
|:--------------------------------------|:----|:--|--------------:|:--|:----|:--|----------:|:--|
| Accounts receivable                   |     | $ |     9,998,596 |   |     | $ | 9,932,684 |   |
| Less: Allowance for doubtful accounts |     |   |      (366,568 | ) |     |   |  (186,649 | ) |
| Accounts receivable, net              |     | $ |     9,632,028 |   |     | $ | 9,746,035 |   |

Allowance for doubtful accounts movement is as follows:

|                                         |     | September 30, 
 2024          |          |   |     | March 31, 
 2024      |          |   |
|:----------------------------------------|:----|:--------------|:---------|:--|:----|:----------|:---------|:--|
| Beginning balance                       |     | $             | (186,649 | ) |     | $         | -        |   |
| Additions to allowance                  |     |               | (174,541 | ) |     |           | (186,649 | ) |
| Foreign currency translation adjustment |     |               | (5,378   | ) |     |           | -        |   |
| Ending balance                          |     | $             | (366,568 | ) |     | $         | (186,649 | ) |

NOTE 5 – PROPERTY AND EQUIPMENT, NET

Property and equipment consisted of the following as of September 30, 2024 and March 31, 2024:

|                                         |     |   | September 30, 
          2024 |   |     |   | March 31, 
      2024 |   |
|:----------------------------------------|:----|:--|--------------:|:--|:----|:--|----------:|:--|
|