<span item_type="fundamental" item_id="f31963ea9e77e4705fbaba1251b29e84" counter_id="ST/US/ALSUF" env="prod"></span><span item_type="announcement" item_id="516094889995993473" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.1.</p><p></p><h3>Segment Revenue</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company has established a wholly owned subsidiary, Xdata Group, in the Cayman Islands, which serves as PubCo for the initial business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865111/000164117225010236/form10-q.htm"></span></li></ul>

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