Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 431

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 431
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 insurance companies and there was no allowance recorded as the Company considers all of the accounts receivable fully collectible.

The following table sets forth the aging analysis of accounts receivable:

Schedule of Accounts Receivable

|                                      |     |     |    March 
 31, 2025 |     |     |    March 
 31, 2024 |
|:-------------------------------------|:----|:----|---------:|:----|:----|---------:|
| Up to three months                   |     |     |  573,068 |     |     |   72,346 |
| Less: Allowance for current expected 
 credit losses                        |     |     |        - |     |     |        - |
| Total accounts receivable, net       |     |     |  573,068 |     |     |   72,346 |

Fair value of financial instruments

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:

| ● | Level                                                                                                                
 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active 
 markets.                                                                                                             |

| F-47 |

| ● | Level                                                                                                                                    
 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets,                      
 quoted market prices for identical or similar assets in markets that are not active, inputs other than quoted prices that are observable 
 and inputs derived from or corroborated by observable market data.                                                                       |
| ● | Level                                                                                                                                    
 3 - inputs to the valuation methodology are unobservable.                                                                                |

Unless otherwise disclosed, the fair value of the Company’s financial instruments, including cash, accounts receivable, inventories, advances to suppliers, due from related parties, prepaid expenses and other current assets, short-term bank loans, accounts payable, due to related parties, taxes payable, unearned revenue, operating lease liabilities, accrued expenses and other current liabilities, approximate the fair value of the respective assets and liabilities as of March 31, 2025 and 2024 based upon the short-term nature of the assets and liabilities. The fair value