Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 89

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 89
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     |                       |            |   |     |                     |   17,626 |   |     |                       |     17,626 |   |
| Additional paid in capital              |     |        |          - |     |        |      - |     |                    |         - |     |           |       - |     |                       |          - |   |     |                     |        - |   |     |                       |          - |   |
| Net loss                                |     |        |          - |     |        |      - |     |                    |         - |     |           |       - |     |                       | (6,142,321 | ) |     |                     |        - |   |     |                       | (6,142,321 | ) |
| Balance as of March 31, 2025            |     |        | 10,973,087 |     | $      | 10,973 |     | $                  | 1,586,729 |     | $         | 163,711 |     | $                     | (4,938,089 | ) |     | $                   |  (84,193 | ) |     | $                     | (3,260,869 | ) |

| * | given effect of the Reverse Stock Split, see 
 Note 16                                      |

<div align='center'>See accompanying notes to the consolidated financial statements</div>

| F-5 |

<div align='center'>Alpha One Inc. and Subsidiaries

Consolidated Statements of Cash Flows

For the Years ended March 31, 2025 and 2024</div>

| Cash flows from operating activities                                       |     | For the years ended 
 March 31,           
 2025                |            |   |     | 2024 |            |   |
|:---------------------------------------------------------------------------|:----|:--------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Net (loss) income                                                          |     | $                   | (6,142,321 | ) |     | $    |  1,245,550 |   |
| Adjustments to reconcile net income (loss) to net cash (used in) operating 
 activities:                                                                |     |                     |            |   |     |      |            |   |
| Depreciation and amortization expense                                      |     |                     |     80,159 |   |     |      |