Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 256

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 256
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 generally the vesting period. Forfeitures of awards are recognized as a component of compensation cost as they occur. We used the Binomial model (or lattice model) as the method for determining the estimated fair value of stock -basedawards. The assumptions that we used in the Binomial model include 1) the fair value of the options refers to the fair value of the ordinary shares as of the equity valuation dates; 2) the exercise price is determined according to each share option agreement; 3) 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; 4) the average life of an option is based on both historical and projected exercise and lapsing data; 5) expected volatility is based on implied volatilities from historical volatilities of comparable companies; and 6) dividend yield is based on the option’s exercise price and annual dividend rate at the time of grant, which is zero. Warranty Reserve We may record a warranty reserve or liability on the balance sheet related to its known and potential exposure to warranty claims in the event its products fail to perform as expected, and in the event it may be required to participate in certain costs incurred by customers. The recorded warranty reserve balance involves judgment and estimates, and our reserve estimate would be based on an analysis of historical warranty data as well as current trends and information. As of December31, 2024, no warranty reserve is recorded. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all ASUs. Management periodically reviews new accounting standards that are issued. Under the Jumpstart Our Business Startups Act of 2021, as amended (the “JOBS Act”), the Company meets the definition of an emerging growth company, or EGC, and has elected the extended transition period for complying with new or revised accounting standards, which delays the adoption of these accounting standards until they would apply to private companies. In October 2023, the FASB issued ASU 2023 -06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative,which incorporates into the Codification several disclosures and presentation requirements currently residing in SEC Regulations S -Xand S -K. As a result, the ASU is not expected to significantly affect entities currently subject to these SEC requirements. However, certain disclosures currently presented outside the financial statements as a result of Regulation S