Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 1776

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 14
Chunk 1776
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 segment.

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  Year Ended March 31, 2025  
    For
                                            the  Year Ended
                                             March
                                            31,  2024 
  
    Professional
    service fee in connection with the Business Combination 
    $(343,250) 
    $(15,000)
  
    Other formation and
    operating costs 
     (627,967) 
     (702,167)
  
    Franchise tax credit
    (expenses) 
     37,275  
     (129,953)
  
    Income from business
    combination deposits forfeited by the former target company 
     -  
     125,000 
  
    Interest earned on
    investment held in Trust Account 
     1,330,551  
     2,934,879 
  
    Income
    taxes provision 
     (287,243) 
     (616,192)
  
    Net
    income 
    $109,366  
    $1,596,567 

The
key measures of segment profit or loss reviewed by the Company’s CODM are interest earned on investment in Trust Account and formation
and operating expenses. The CODM reviews interest earned on investment in Trust Account to measure and monitor stockholder value and
determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement.
Within formation and operating costs, the CODM specifically reviews professional service fees in connection with the business combination,
which are a significant segment expense, and include legal fees, and advisory fees, as these represent significant costs affecting the
Company’s consummation of the Business Combination. Other formation and operating costs, including accounting expenses, printing
expenses, and regulatory filing fees, are reviewed in aggregate to ensure alignment with budget and contractual obligations. These expenses
are monitored to manage and forecast cash available to complete a business combination within the required period.

F-23

NOTE
11 — SUBSEQUENT EVENTS

The
Company evaluated subsequent events and transactions that occurred after the balance sheet date through June 16, 2025 when these
consolidated financial statements were issued. Based on this review, except as disclosed below, the Company did not identify any other
subsequent events that would require adjustment or disclosure in the consolidated financial statements.

In