Company: GDSTR
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112608
Chunk: 45

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 45
---
270,998, net
of $16,914 late payment interest and penalty for the year ended March 31, 2024 estimated tax payment.

NOTE 10 — SEGEMNT INFORMATION

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statements   information about operating segments, products,
services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate
financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding
how to allocate resources and assess performance. The Company has adopted the guidance in ASU 2023-07, Segment Reporting (Topic 280):
Improvements to Reportable Segment Disclosures, in the accompanying unaudited condensed consolidated   financial statements
using the retrospective method of adoption.

The Company’s chief operating decision maker
has been identified as the Chief Executive Officer (“CODM”), who reviews the operating results for the Company as a whole
to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company
only has one operating and reportable segment.

23

When evaluating the Company’s performance
and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

    For the  
    For the  
    For the  
    For the 

    Three Months  Ended  
    Three Months  Ended  
    Six Months  Ended  
    Six Months  Ended 

    September 30,  2025  
    September 30,  2024  
    September 30,  2025  
    September 30,  2024 
  
    Professional service fee in connection with the Business Combination 
    $(99,955) 
    $- 
    $(268,100) 
    $(210,000)
  
    Other formation and operating costs 
     (98,929) 
     (113,854) 
     (310,607) 
     (419,217)
  
    Franchise tax expenses 
     (8,400) 
     (13,832) 
     (21,000) 
     (26,132)
  
    Interest earned on investment held in Trust Account 
     54,234  
     232,158  
     249,107  
     925,418 
  
    Income taxes provision