Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 398

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 398
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 |   |
| Other selling, general and administrative(1) |     |                         |  1,338,732 |   |     |   |    775,283 |   |
| Research and development(1)                  |     |                         |    509,008 |   |     |   |     97,428 |   |
| Depreciation and amortization                |     |                         |    234,374 |   |     |   |    274,157 |   |
| Allowance for credit losses                  |     |                         |          — |   |     |   |    164,699 |   |
| Interest expense                             |     |                         |     26,613 |   |     |   |     65,154 |   |
| Other segment expense(2)                     |     |                         |  1,039,391 |   |     |   |    850,427 |   |
| Net loss                                     |     | $                       | (7,589,564 | ) |     | $ | (5,195,359 | ) |

____________ (1)Excludes stock -basedcompensation expense (2)Includes stock -basedcompensation expense NOTE 20 — SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date the financial statements are available to be issued. Other than below, there are no subsequent events identified that would require disclosure in the financial statements. On January15, 2025 (the “Issue Date”), the Company issued a warrant (the “Warrant”) to purchase up to 34,464,079 Class B Non -VotingCommon Stock shares in the Company (the “Warrant Shares”) at an exercise price of $0.65285 per Warrant Share as a sales incentive because the majority of the vesting conditions of the Warrant are based on the payment from the Warrant holder (or the Company’s customer) in connection with the Company’s sales transactions. The Warrant expires ten years from the Issue Date and the Warrant holder may exercise on either a cash or net exercise basis. The Warrant holder has agreed that it will not become a 10% or greater shareholder in the company. 6,892,816 Warrant Shares vested and became immediately exercisable on the Issue Date. The remainder of Warrant shares vest based on payments received from the Warrant holder to the Company, up to a maximum of $225million in payments. 275,713 Warrant