Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 107

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 107
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 ) |
| Total                      |     | $              | 500,201 |     | $    | 117,884 |   |

A summary of United States and foreign income (loss) before income taxes was composed of the following:

|                                      |     | As of March 31 |      2024 |   |     |   |    2023 |   |
|:-------------------------------------|:----|:---------------|----------:|:--|:----|:--|--------:|:--|
| Income attributed to PRC operations  |     | $              | 1,700,212 |   |     | $ | 463,905 |   |
| Loss attributed to BVI and Hong Kong |     |                |         - |   |     |   |       - |   |
| Loss attributed to U.S.              |     |                |   (45,539 | ) |     |   | (16,503 | ) |
| Income (loss) before tax             |     | $              | 1,745,751 |   |     | $ | 447,402 |   |

As of March 31, 2024 and 2023, the significant components of the deferred tax assets are summarized below:

|                                      |     | As of March 31 |   2024 |   |     |   |   2023 |   |
|:-------------------------------------|:----|:---------------|-------:|:--|:----|:--|-------:|:--|
| Balance at the beginning of the year |     | $              |  6,606 |   |     | $ | 10,771 |   |
| Exchange difference                  |     |                |   (323 | ) |     |   |   (829 | ) |
| Allowance for doubtful accounts      |     |                | 43,624 |   |     |   | (3,336 | ) |
| Total deferred tax assets, net       |     | $              | 49,907 |   |     | $ |  6,606 |   |

As of March 31, 2024 and 2023, the significant components of the deferred tax liabilities are summarized below:

|                                      |     | As of March 31 |   2024 |   |     |   |   2023 |   |
|:-------------------------------------|:----|:---------------|-------:|:--|: