Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 66

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 66
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 three months ended June 30, 2025 and 2024 respectively. Gross profit increased $387,506 for the three months ended June 30, 2025 primarily due to the increase of sales of intelligent products.

Operating Expenses

General and administrative expenses totaled $845,670 for the three months ended June 30, 2025, an increase of $590,489, or 231%, as compared to the three months ended June 30, 2024. The increase was primarily due to the increase in allowance for doubtful accounts.

Net Loss

Net loss totaled $327,941 for the three months ended June 30, 2025, an increase loss of $58,100, or 22%, as compared to the net loss of $269,841 for the three months ended June 30, 2024. The increase was primarily due to the increase of allowance for doubtful accounts.

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Liquidity and Capital Resources

Going concern.

For the three months ended June 30, 2025, the Company incurred a net loss of $327,941 and used cash in operating activities of $170,673. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. As of June 30, 2025, we have cash on hand and at banks of $1,894, although we assess it is able to conduct our planned operation for the next six months after the date that the consolidated financial statements are issued. No assurance can be given that any future financing, such as the continued financial support from its stockholders and director or its ability to obtain external financing, the company has only obtained verbal no written funding commitments from stockholders, which are non-binding and may not be fulfilled, no assurance can be given that the accurate financing amount and date. As a result, there can be no assurance that the Company will receive any financing from related parties, or that any funds, if provided, will be in the amounts of at the times needed to support operations.

Working Capital

|                           |     |   |       June 
   30, 2025 |   |     |   |      March 
   31, 2025 |   |     |   | Change     |   |
|:--------------------------|:----|:--|-----------:|:--|:----|:--|-----------:|:--|:----|:--|:-----------|: