Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 371

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 371
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F-66

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 14 — EQUITY INCENTIVE PLAN (cont.) The fair value of the options refers to the fair value of the ordinary shares as of the equity valuation dates, and the exercise price is determined according to each share option agreement. The risk -freeinterest rate is based on the rates available at the time of the grant for zero -couponU.S. government issues with a remaining term equal to the option’s expected life, and the average life of an option is based on both historical and projected exercise and lapsing data. Expected volatility is based on implied volatilities from historical volatilities of comparable companies. Dividend yield is based on the option’s exercise price and annual dividend rate at the time of grant, which is zero. As of December 31, 2023, the Company had 3,101,956 unvested shares with an unrecognized stock -basedcompensation of $2,552,552, related to unvested stock option awards, which is expected to be recognized over an estimated weighted -averageperiod of 2.8 years. NOTE 15 — EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share for the years presented December 31:

| Numerator:                                                           |     | 2023 |            |   |     | 2022 |            |   |
|:---------------------------------------------------------------------|:----|:-----|-----------:|:--|:----|:-----|-----------:|:--|
| Net loss attributable to infintium                                   |     | $    | (5,195,359 | ) |     | $    | (5,331,359 | ) |
| Denominator                                                          |     |      |            |   |     |      |            |   |
| Weighted average shares used in computing basic and diluted earnings 
 per share                                                            |     |      | 81,940,826 |   |     |      | 81,066,504 |   |
| Earnings per share – basic and diluted                               |     | $    |      (0.06 | ) |     | $    |      (0.06 | ) |

There were no anti -dilutive securities items. NOTE 16 — STOCKHOLDERS’ EQUITY (DEFICIT) The Company is authorized to issue