Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 366

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 366
---
 Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this 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 |
|:------------------------------------------------|:----|:--|----------:|:----|: