Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1381

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 16
Chunk 1381
---
     (3,332,552) 
     (3,332,552)
  
    Net income 
     -  
     -  
     -  
     1,498,591  
     1,498,591 
  
    Net income
    (loss) 
     -  
     -  
     -  
     1,498,591  
     1,498,591 

    Balance as of December
    31, 2024 
     2,134,200  
     $214  
     $-  
     $(5,729,976) 
     $(5,729,762)
  
    Balance 
     2,134,200  
     214  
     -  
     (5,729,976) 
     (5,729,762)

The
accompanying notes are an integral part of these financial statements.

 F-5 

ALPHATIME
ACQUISITION CORP

 STATEMENTS OF CASH FLOWS

For
the years ended December 31, 2024 and 2023

    For
    the year ended December 31, 2024  
    For
    the year ended December 31, 2023 
  
    Cash Flows from Operating
    Activities: 

    Net income 
    $1,498,591  
    $1,941,118 
  
    Adjustments to reconcile net income to net
    cash used in operating activities: 

    Income earned on Trust Account 
     (2,782,552) 
     (3,130,199)
  
    Changes in current assets and liabilities: 

    Prepaid expenses 
     27,739  
     (35,000)
  
    Accounts payable and accrued expenses 
     851,112  
     674,635 
  
    Due
    to related parties 
     368,981  
     173,389 
  
    Net
    cash used in operating activities 
    $(36,129) 
    $(376,057)

    Cash Flows from Investing
    Activities: 

    Principal deposited in Trust Account 
    $(550,000) 
    $(70,242,000)
  
    Proceeds from sale of investments in the Trust Account 
     62