Alpha Compute Corp (ALP) Form 20-F — Jul 15, 2026
Alpha Compute reported a net loss of $38.6 million for the fiscal year ended March 31, 2026, compared to a loss of $6.8 million in the prior year, as the company transitioned from biotech to AI infrastructure. The company generated its first revenue of $97,000 from GPU processing operations but reported negative working capital of $8.7 million and total assets of $19.5 million. The independent auditor issued an explanatory paragraph expressing substantial doubt about the company's ability to continue as a going concern due to recurring losses and liquidity constraints.
Key figures
- Revenue
- 97000
- Total Assets
- 19530000
- Cash Position
- 700000
- Shares Outstanding
- 23470877
- Reverse split ratio
- 1-for-20
- Alpha01 contract value usd
- 32200000
- Ga Mee acquisition value usd
- 3500000
AI analysis
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