Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 387

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 387
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 additional interest charges associated with this early termination. In October 2024, the Company entered into a lease agreement with a lessor for a term of one hundred twenty -sixmonths for the rental of a building that is approximately 80,000 square feet located in Greenville, South Carolina, where the Company may install a hydrogen supply system for consumption by products and testing. The lease was classified as an operating lease and has a monthly base rent of approximately $34,000, with a base rent increase of approximately three percent each year. In accordance with ASC 842, Leases, the Company recognized an ROU asset and corresponding lease liability on the balance sheet for long -termoffice leases.

F-63

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 13 — LEASES (cont.) See below for lease information for the years ending December 31:

| Operating Leases                                       |     | 2024 |           |   |     | 2023 |         |   |
|:-------------------------------------------------------|:----|:-----|----------:|:--|:----|:-----|--------:|:--|
| Operating lease right-of-use assets                    |     | $    | 3,165,797 |   |     | $    | 238,916 |   |
| Current liabilities – lease liability, current         |     | $    |   113,954 |   |     | $    |  78,145 |   |
| Non-current liabilities – lease liability, non-current |     |      | 3,132,404 |   |     |      | 167,804 |   |
| Total operating lease liabilities                      |     | $    | 3,246,358 |   |     | $    | 245,949 |   |
| Finance Leases                                         |     |      |           |   |     |      |         |   |
| Property and equipment, at cost                        |     | $    |     7,002 |   |     | $    |   7,002 |   |
| Accumulated depreciation                               |     |      |    (7,002 | ) |     |      |  (6,482 | ) |
| Property and equipment, net                            |     | $    |         — |   |     | $    |     520 |   |
| Current liabilities                                    |     |      |         — |   |     |