Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 369

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 369
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 rate of zero percent. In April and May 2024, the Company entered into two short -termpromissory notes for $500,000 each with lender C, with proceeds to the Company of $1,000,000 and an interest rate of zero percent. In October 2024 and March 2025, the Company repaid the short -termpromissory notes in the amount of $500,000 and $300,000, respectively. As of March 31, 2025 and December 31, 2024, the balances of the current related party loans were $500,000 and $500,000, respectively. As of March 31, 2025 and December 31, 2024, the balances of the noncurrent related party loans were $0 and $300,000, respectively. In June 2024, the Company entered into a short -termpromissory note with a related party, lender D, with proceeds to the Company of $500,000 and an interest rate of zero percent. As of March 31, 2025 and December 31, 2024, the balance of the current related party loan was $500,000 and $500,000, respectively. In August 2024, the Company entered into a long -termpromissory note with a related party, lender E, with proceeds to the Company of $1,000,000 and an interest rate of zero percent; as of March 31, 2025 and December 31, 2024, the balance of the noncurrent related party loan was $1,000,000 and $1,000,000, respectively. NOTE 11 — REVENUE Revenue is accounted for in accordance with ASC 606. Revenue is recognized as control of goods and/or services are transferred to customers in an amount that reflects the consideration an entity expects to receive in exchange for the goods and/or services; see Note 2 for additional information. Disaggregated Revenue Information The following table disaggregates revenue by significant revenue stream as follows:

|                       |     |   |      For the 
 Three Months 
        Ended 
    March 31, 
         2025 |     |   |      For the 
 Three Months 
        Ended 
    March 31, 
         2024 |
|:----------------------|:----|:--|-------------:|:----|:--|-------------:|
| Product sales         |     | $