Company: GDSTR
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014248
Chunk: 27

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 27
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 Company did not have any other dilutive securities and other contracts that could, potentially,
be exercised or converted into Common Stock and then share in the earnings of the Company. As a result, diluted income (loss) per share
is the same as basic (income) loss per share for the periods presented.

The net income (loss) per share presented in the statement of operations
is based on the following:

    For the Three Months Ended December 31,  2024  
    For the Three Months Ended December 31,  2023  
    For the Nine Months Ended December 31,  2024  
    For the  Nine Months Ended  December 31,  2023 
  
    Net income 
    $18,240  
    $562,676  
    $99,459  
    $904,790 
  
    Accretion of redeemable common stock to redemption value 
     (308,102) 
     (1,067,981) 
     (1,423,955) 
     (3,277,975)
  
    Net loss including accretion of redeemable common stock to redemption value 
    $(289,862) 
    $(505,305) 
    $(1,324,496) 
    $(2,373,185)

14

    For the Three Months Ended  
    For the Three Months Ended 

    December 31, 2024  
    December 31, 2023 

    Redeemable  
    Non- Redeemable  
    Redeemable  
    Non- Redeemable 

    Common Stock  
    Common Stock  
    Common Stock  
    Common  Stock 
  
    Basic and diluted net loss per share: 

    Numerators: 

    Allocation of net loss 
    $(134,389) 
     (155,473) 
    $(369,523) 
    $(135,782)
  
    Accretion of initial and subsequent measurement of common stock subject to redemption value 
     308,102  
     -  
     1,067,981  
     - 
  
    Allocation of net income (loss) 
    $173,713  
     (155,473) 
    $698,458  
    $(135,782)
  
    Denominators: 

    Weighted-average shares outstanding