Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 362

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 362
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 uncertainty. NOTE 4 — ACCOUNTS RECEIVABLE The Company’s accounts receivable included the following:

|                                   |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:----------------------------------|:----|:--|----------:|:----|:--|-------------:|
| Accounts receivable               |     | $ |    46,072 |     | $ |      606,517 |
| Less: allowance for credit losses |     |   |         — |     |   |            — |
| Total accounts receivable         |     | $ |    46,072 |     | $ |      606,517 |

F-38

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited) NOTE 5 — INVENTORY, NET The Company’s inventory, net included the following:

|                                                      |     |   | March 31, 
      2025 |   |     |   | December 31, 
         2024 |   |
|:-----------------------------------------------------|:----|:--|----------:|:--|:----|:--|-------------:|:--|
| Raw materials                                        |     | $ | 3,175,854 |   |     | $ |    1,680,459 |   |
| Total inventory                                      |     |   | 3,175,854 |   |     |   |    1,680,459 |   |
| Less: Reserve for obsolete and slow-moving inventory |     |   |  (589,498 | ) |     |   |     (589,498 | ) |
| Total inventory, net                                 |     | $ | 2,586,356 |   |     | $ |    1,090,961 |   |

NOTE 6 — PREPAID EXPENSES AND OTHER CURRENT ASSETS The Company’s prepaid expenses and other current assets included the following:

|                                                 |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:------------------------------------------------|:----|:--|----------:|:----|:--|-------------:|
| Prepaid to service providers                    |     | $ |   375,768 |     | $ |       67,552 |
| Prepayments to vendors                          |     |