Company: AOAO
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001493152-25-027381
Chunk: 137

Company: Alpha One Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 137
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, and other factors that may affect its ability to collect from, the debtors. The Company also provides specific provisions for allowance when facts and circumstances indicate that the receivable is unlikely to be collected.. The credit term for the customers of telecommunication engineering services was 90 working days after the quality acceptance checked and the customers of sales of intelligent products was 10 days payment after the contract takes effect (signed and chopped by both parties). The customers, to assess the credit risk characteristics. If there is strong evidence indicating that the accounts receivable is likely to be unrecoverable, the Company also makes specific allowance in the period in which a loss is determined to be probable. Accounts receivable are considered impaired and written-off when it is probable that all contractual payments due will not be collected after all collection efforts have been exhausted. As of June 30, 2025, we have 10% of the receivables within 12 months, 53% within 13 to 24 months and 37% over 24 months. Our allowance for credit losses were $605,202 and $86,537 for the three months ended June 30, 2025 and 2024 respectively

As of June 30, 2025 and March 31, 2025, Accounts receivable aging are as follow:

|                    |     |   |      June 
  30, 2025 |     |   |     March 
  31, 2025 |
|:-------------------|:----|:--|----------:|:----|:--|----------:|
| Less than 3 months |     | $ |   586,062 |     | $ |    32,052 |
| 4 to 12 months     |     |   |   352,135 |     |   |   679,966 |
| 13 to 24 months    |     |   | 4,948,900 |     |   | 5,082,710 |
| Over 24 months     |     |   | 3,488,797 |     |   | 3,275,471 |
|                    |     | $ | 9,375,894 |     |   | 9,070,199 |

The credit term for the customers of telecommunication engineering services was 90 working days after the quality acceptance checked. As of June 30, 2025 and March 31, 2025, there were $8,789,