Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 152

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 152
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411,810 |
| WeBank                                   |     |   |   228,663 |     |   |   232,434 |
| Aggregate outstanding principal balances |     |   | 1,401,261 |     |   | 1,392,112 |
| Less: current portion                    |     |   | 1,401,261 |     |   | 1,243,617 |
| Non-current portion                      |     | $ |         - |     | $ |   148,495 |

The total interest expense was $19,032 and $26,220 for the three months ended June 30, 2025 and 2024, respectively.

Future minimum loan payments as of June 30, 2025 are as follows:

| Year ending, 
 2026         |     |   | 1,401,261 |
|:-------------|:----|:--|----------:|
| Thereafter   |     |   |         - |
| Total        |     | $ | 1,401,261 |

NOTE 13 – CONCENTRATIONS OF RISK

(a) Major customers

For the three months ended June 30, 2025, the customers who accounted for more than 10% of the Company’s revenues and the net accounts receivable balances at period-end are presented as follows:

|            |     |          | For the three months ended 
              June 30, 2025 |     |               |     |   |     |                          |         As of 
 June 30, 2025 |     |                          |    |   |
|:-----------|:----|:---------|---------------------------:|:----|:--------------|----:|:--|:----|:-------------------------|--------------:|:----|:-------------------------|---:|:--|
|            |     | Revenues |                            |     | Percentage of 
 revenues      |     |   |     | Accounts receivable, net |               |     | Percentage of            
 accounts receivable, net |    |   |
| Customer I |     | $        |                  2,688,784 |     |               |  81 | % |     | $                        |             - |     |                          |  - |   |
| Customer J |     |          |                    537,998 |     |               |  16 | % |     |                          |       441,013 |     |                          |