Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 365

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 365
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 $ |       — |     | $ | 363,166 |
| Other accruals                                       |     |   | 153,449 |     |   |  68,553 |
| Total accrued expenses and other current liabilities |     | $ | 153,449 |     | $ | 431,719 |

F-61

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 8 — DEFERRED SERVICE REVENUE LIABILITY The Company’s deferred service revenue included the following as of December 31:

| Deferred service revenue liability: |     | 2023 |           |     | 2022 |   |
|:------------------------------------|:----|:-----|----------:|:----|:-----|:--|
| Current                             |     | $    |   228,109 |     | $    | — |
| Non-current                         |     |      |   878,477 |     |      | — |
| Total                               |     | $    | 1,106,586 |     | $    | — |

NOTE 9 — LOANS PAYABLE The Company’s loans payable, current and non -currentincluded the following as of December 31:

|                                                    |     |   |      2023 |     |   |    2022 |
|:---------------------------------------------------|:----|:--|----------:|:----|:--|--------:|
| Loans payable, current – individual lenders        |     | $ |   500,000 |     | $ |       — |
| Loans payable, non-current – individual lenders    |     |   |   600,000 |     |   | 600,000 |
| Interest payable, non-current – individual lenders |     |   |   121,233 |     |   |  80,000 |
| Total loans payable                                |     | $ | 1,221,233 |     | $ | 680,000 |

Prior to January 1, 2022, the Company entered into a promissory note with individual lender A, with proceeds to the Company of $600,000 and an interest rate of 5% per annum. As of December 31, 2023 and 2022, the balance of the loan payable is $600,000 as of both dates, and related interest expense was $30,000 for each of the years ended December 31, 2023