Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 121

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 121
---
 balance at period-end are presented as follows:

|          |     | For the year ended 
 March 31,          
 2024               |            |     |               |    |   |     | As of           
 March 31, 2024  |   |     |                  |   |   |
|:---------|:----|:-------------------|-----------:|:----|:--------------|---:|:--|:----|:----------------|:--|:----|:-----------------|:--|:--|
|          |     | Purchases          |            |     | Percentage of 
 purchases     |    |   |     | Accounts payble |   |     | Percentage of    
 accounts payable |   |   |
| Vendor A |     | $                  | 16,463,377 |     |               | 81 | % |     | $               | - |     |                  | - | % |
| Total    |     | $                  | 16,463,377 |     |               | 81 | % |     | $               | - |     |                  | - | % |

(c) Credit risk

Financial instruments that are potentially subject
to credit risk consist principally of accounts receivable. The Company does not generally require collateral from customers. The Company
evaluates the need for an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical
trends and other information.

The related party transactions are generally transacted
in an arm-length basis at the current market value in the normal course of business.

NOTE 15 – (LOSS) EARNINGS PER SHARE

The following table sets forth the basic and diluted
net income per common share computation and provides a reconciliation of the numerator and denominator for the years presented:

| Numerator:                                           |     | For the years ended 
 March 31,           
 2025                |            |   |     | 2024 |            |
|:-----------------------------------------------------|:----|:--------------------|-----------:|:--|:----|:-----|-----------:|
| Net (loss) income                                    |     | $                   | (6,142,321 | ) |     | $    |  1,245,550 |
| Net (loss) income attributable to Alpha One Inc.’s   
 shareholders - basic                                 |     |                     | (6,142,321 | ) |     |      |  1,245,550 |
| Net (loss)