Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 387

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 387
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 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:

|                                   |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:----------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Accounts receivable               |     | $ |      606,517 |     | $ |      959,069 |
| Less: allowance for credit losses |     |   |            — |     |   |            — |
| Total accounts receivable         |     | $ |      606,517 |     | $ |      959,069 |

NOTE 5 — INVENTORY, NET The Company’s inventory, net included the following:

|                                                      |     |   | December 31, 
         2024 |   |     |   | December 31, 
         2023 |   |
|:-----------------------------------------------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Raw materials                                        |     | $ |    1,680,459 |   |     | $ |    2,845,261 |   |
| Total inventory                                      |     |   |    1,680,459 |   |     |   |    2,845,261 |   |
| Less: Reserve for obsolete and slow-moving inventory |     |   |     (589,498 | ) |     |   |     (452,778 | ) |
| Total inventory, net                                 |     | $ |    1,090,961 |   |     | $ |    2,392,483 |   |

F-62

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 6 — PREPAID EXPENSES AND OTHER CURRENT ASSETS The Company’s prepaid expenses and other current assets included the following:

|                                                 |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Prepaid to service providers                    |     | $ |       67,552 |     | $ |       11,068