Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 85

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 85
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 Consolidated Balance Sheets as of September 30, 2024 (Unaudited) and March 31, 2024                                                              
 Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the Three and Six Months Ended September 30, 2024 and 2023 (Unaudited) |     | F-20    
 F-21    |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--------|
| Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three and Six Months Ended September 30, 2024 and 2023 (Unaudited)            |     | F-22    |
| Condensed Consolidated Statements of Cash Flows for the Six Months Ended September 30, 2024 and 2023 (Unaudited)                                           |     | F-23    |
| Notes to Condensed Consolidated Financial Statements for the Three and Six Months Ended September 30, 2024 and 2023 (Unaudited)                            |     | F-24    
 to F-35 |

| F-1 |

<div align='center'>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

To the Shareholders and the Board of Directors of

Alpha One, Inc.

OPINION ON THE FINANCIAL STATEMENTS

We have audited the accompanying consolidated balance sheet of Alpha One, Inc. (the “Company”) as of March 31, 2024 and 2023, and the related consolidated statements of operations, changes in stockholders’ equity, and cash flows for the years then ended, and the related notes (collectively referred to as the “financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of Alpha One, Inc as of March 31, 2024 and 2023 and the results of its operations and cash flows for the years then ended in conformity with accounting principles generally accepted in the United States.

SUBSTANTIAL DOUBT ABOUT THE COMPANY’S ABILITY TO CONTINUE AS A GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company’s operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

BASIS FOR OPINION

These financial statements are the responsibility of the Company