---
title: "ALPHA STAR ACQUISITION CORPORATION UNIT 1 COM & 1 RT & 1/2 WT | 10-Q: FY2025 Q1 EPS: USD -0.1"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240226619.md"
datetime: "2025-05-14T19:37:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240226619.md)
  - [en](https://longbridge.com/en/news/240226619.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240226619.md)
---

# ALPHA STAR ACQUISITION CORPORATION UNIT 1 COM & 1 RT & 1/2 WT | 10-Q: FY2025 Q1 EPS: USD -0.1

EPS: As of FY2025 Q1, the actual value is USD -0.1.

### Segment Revenue

-   The company has not generated any operating revenues to date and expects to generate non-operating income in the form of interest income on marketable securities held in the Trust Account.

### Operational Metrics

-   For the three months ended March 31, 2025, the company reported a net loss of - $200,767, which consisted of operating costs of $223,812, offset by interest income on marketable securities held in the Trust Account of $21,556 and unrealized interest income of $1,489.
-   For the three months ended March 31, 2024, the company reported a net income of $724,045, which consisted of operating costs of $238,932, offset by interest income on marketable securities held in the Trust Account of $677,001 and unrealized interest income of $285,976.

### Cash Flow

-   For the three months ended March 31, 2025, net cash used by operating activities was - $209,766, net cash used in financing activities was - $10,504,551, and net cash provided by investing activities was $10,714,317.
-   For the three months ended March 31, 2024, there was no net cash used in operating activities, net cash used by financing activities was - $36,903,138, and net cash provided by investing activities was $36,903,138.

### Unique Metrics

-   The company has established a wholly owned subsidiary, Xdata Group, in the Cayman Islands, which serves as PubCo for the initial business combination.

### Future Outlook and Strategy

-   The company intends to effectuate its Business Combination using cash derived from the proceeds of the Initial Public Offering and the sale of the Private Units, shares, debt, or a combination of cash, shares, and debt.
-   The company plans to raise additional capital through loans or additional investments from its Sponsor, stockholders, officers, directors, or third parties to meet the expenditures required for operating its business.
-   The company has until June 15, 2025, to consummate a business combination, and if unable to do so, it may cease all operations except for the purpose of liquidating.

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