<span item_type="fundamental" item_id="254d7e1dc21695b40a3f54b5a2cfa3be" counter_id="ST/US/ATMCW" env="prod"></span><span item_type="announcement" item_id="518287325256816129" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.2.</p><p></p><h3>Segment Revenue</h3><ul><li>AlphaTime Acquisition Corp has not generated any operating revenues as of March 31, 2025, and will not generate any until the completion of its initial Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net income for the three months ended March 31, 2025, was $117,969, compared to $442,265 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li><li>Formation and operating costs for the three months ended March 31, 2025, were $183,402, compared to $344,903 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash provided by operating activities for the three months ended March 31, 2025, was $54,931, compared to net cash used in operating activities of - $25,625 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li><li>Net cash used in investing activities for the three months ended March 31, 2025, was - $54,979, compared to net cash provided by investing activities of $23,137,146 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li><li>Net cash used in financing activities for the three months ended March 31, 2025, was $0, compared to - $23,117,146 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company had a working capital deficit of $3,553,143 as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>AlphaTime Acquisition Corp plans to focus on completing its initial Business Combination by October 4, 2025, with HCYC Group Company Limited, as per the Agreement and Plan of Merger signed on January 5, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li><li>The company has extended the deadline to complete the business combination multiple times, with the latest extension allowing up to nine monthly extensions until October 4, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li><li>The company faces substantial doubt about its ability to continue as a going concern due to liquidity issues and the need for additional capital to satisfy its liquidity needs beyond the net proceeds from the IPO.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1889106/000164117225011749/form10-q.htm"></span></li></ul>

ALPHATIME ACQUISITION CORP C/WTS 01/03/2028 (TO PUR ORD) | 10-Q: FY2025 Q1 EPS: USD 0.2