Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 66

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 66
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 due to related parties of $2,084,224, as compared to total current liabilities of $9,070,491 as of March 31, 2024. The increase was mainly reflected in higher amounts due to related parties.

The Company’s net loss of $860,310 for the six months ended September 30, 2024, compared to the net income of $512,866 for the six months ended September 30, 2023.

Cash Flows

|                                                              |     | Six           
 months ended  
 September 30, |       2024 |   |     |   |     2023 |   |     |   |   Change |   |
|:-------------------------------------------------------------|:----|:--------------|-----------:|:--|:----|:--|---------:|:--|:----|:--|---------:|:--|
| Cash flows used in operating activities                      |     | $             | (1,333,237 | ) |     | $ | (516,978 | ) |     | $ | (816,259 | ) |
| Cash flows used in investing activities                      |     |               |          - |   |     |   |  (28,959 | ) |     |   |  (28,959 | ) |
| Cash flows provided by financing activities                  |     |               |    856,768 |   |     |   |  360,839 |   |     |   |  495,929 |   |
| Effect of exchange rate changes on cash and cash equivalents |     |               |     96,012 |   |     |   | (107,020 | ) |     |   |  203,032 |   |
| Net changes in cash and cash equivalents                     |     | $             |   (380,457 | ) |     | $ | (292,118 | ) |     | $ |  (88,339 | ) |

Cash Flow from Operating Activities

Cash flow used in operating activities for the six months ended September 30, 2024 was $1,333,237 as compared to the amount of $516,978 used in operating activities for the six months ended September 30, 2023, reflecting an increment of $816,259. The increase in net cash used in operating activities was mainly reflected on the net loss in 2024.

Cash Flow from Investing Activities

Cash flow used in investing activities was nil and $28,