Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 367

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 367
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 Customer down payments(1)                            |     | $ | 3,661,821 |     | $ |    3,661,821 |
| Tax payable                                          |     |   |   519,621 |     |   |      801,113 |
| Consideration payable to a customer(2)               |     |   |         — |     |   |      331,830 |
| Accrued expenses                                     |     |   |    93,543 |     |   |      440,624 |
| Payroll liabilities                                  |     |   |   232,751 |     |   |       43,911 |
| Total accrued expenses and other current liabilities |     | $ | 4,507,736 |     | $ |    5,279,299 |

____________ (1)The Company’s customer has subsequently canceled the purchase order after deposit payments were made. In May 2025, the Company converted a portion of these deposits into two new orders with the same customer. The remaining balance of the deposits is nonrefundable due to the canceled purchase order and cannot be applied to the new orders. The Company is currently negotiating with the customer regarding the allocation of these remaining funds. (2)This consideration payable is in connection with the Warrant Shares (as defined in Note 14) issued to a customer in January 2025.

F-39

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited) NOTE 9 — DEFERRED SERVICE REVENUE LIABILITY The Company’s deferred service revenue included the following:

|                                     |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:------------------------------------|:----|:--|----------:|:----|:--|-------------:|
| Deferred service revenue liability: |     |   |           |     |   |              |
| Current                             |     | $ | 1,091,227 |     | $ |    1,091,227 |
| Non-current                         |     |   | 3,449,596 |     |   |    3,722,403 |
| Total                               |     | $ | 4,540,823 |     | $ |    4,813,630 |

NOTE 10 — LOANS PAYABLE — RELATED PARTY The Company’s related party accounts included the following