Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 211

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 211
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3,416,524, which included direct material costs of $2,748,840 and manufacturing costs of $667,414. For the nine months ended September 30, 2023, costs of revenues were $518,178, which included direct material costs of $134,326 and manufacturing costs of $383,852. Operating Expenses For the year ended December 31, 2023, operating expenses were $4,494,057, which consisted of selling, general and administrative expenses of $4,122,472, research and development expenses of $97,428 and depreciation and amortization expenses of $274,157. For the year ended December 31, 2022, operating expenses were $4,165,506, which consisted of selling, general and administrative expenses of $3,881,300, research and development expenses of $147,734 and depreciation and amortization expenses of $136,472. For the nine months ended September 30, 2024, operating expenses were $5,387,586, which consisted of selling, general and administrative expenses of $4,914,712, research and development expenses of $291,628 and depreciation and amortization expenses of $181,246. For the nine months ended September 30, 2023, operating expenses were $3,156,798, which consisted of selling, general and administrative expenses of $2,923,158, research and development expenses of $74,086 and depreciation and amortization expenses of $159,554. Other Expenses For the year ended December 31, 2023, Other Expenses were $239,629, which included interest expense, bad debt expense and other expenses, net of $65,154, $164,699 and $9,776, respectively. For the year ended December 31, 2022, Other Expenses were $47,685, which included interest expense and bad debt expense of $37,089 and $10,596, respectively. For the nine months ended September 30, 2024, Other Expenses were $6,993, which included interest expense and other income of $12,663 and $5,670, respectively. For the nine months ended September 30, 2023, Other Expenses were $297,897, which included interest expense, bad debt expense and other income of $32,185, $267,204 and $1,492, respectively. 110

Liquidity and Working Capital December 31, 202