Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 111

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 111
---
 and 2023, respectively.

Future minimum loan payments as of March 31, 2024 are as follows:

| Year ending March 31, 
 2025                  |     |   | 1,417,296 |
|:----------------------|:----|:--|----------:|
| 2026                  |     |   |    72,547 |
| Thereafter            |     |   |         - |
| Total                 |     | $ | 1,489,843 |

NOTE 13 – CONCENTRATIONS OF RISK

(a) Major customers

For the year ended March 31, 2024, the customers who accounted for more than 10% of the Company’s revenues and the accounts receivable balances at period-end are presented as follows:

|          |     | For            
 the year ended 
 March 31, 2024 |            |     |            |    |   |     | As             
 of             
 March 31, 2024 |           |
|:---------|:----|:---------------|-----------:|:----|:-----------|---:|:--|:----|:---------------|----------:|
|          |     | Revenues       |            |     | Percentage 
 of         
 revenues   |    |   |     | Accounts       
 receivable     |           |
| Customer 
 A        |     | $              |  9,444,182 |     |            | 40 | % |     | $              |         - |
| Customer 
 B        |     |                |  3,662,397 |     |            | 16 | % |     |                |         - |
| Customer 
 C        |     |                |  2,875,678 |     |            | 12 | % |     |                | 3,098,332 |
| Total    |     | $              | 15,982,257 |     |            | 68 | % |     | $              | 3,098,332 |

For the year ended March 31, 2023, the customers who accounted for more than 10% of the Company’s revenues and the accounts receivable balances at period-end are presented as follows:

|          |     |          |            For 
 the year ended 
 March 31, 2023 |     |            |    |   |     |            |             As 
             of 
 March 31, 2023 |
|: