Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 372

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 372
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 |     |         7.80 | % |
| Financing Leases                                 |     |            — | % |     |         7.80 | % |

Maturities of lease liabilities as of March 31, 2025:

| For the year ended March 31,       
 2026                               |     | Operating 
 Lease     |    372,535 |   |
|:-----------------------------------|:----|:----------|-----------:|:--|
| 2027                               |     |           |    417,578 |   |
| 2028                               |     |           |    430,105 |   |
| 2029                               |     |           |    443,009 |   |
| 2030                               |     |           |    456,299 |   |
| Thereafter                         |     |           |  2,539,416 |   |
| Total lease payments               |     |           |  4,658,942 |   |
| Less: imputed interest             |     |           | (1,519,027 | ) |
| Present value of lease liabilities |     | $         |  3,139,915 |   |

NOTE 13 — EQUITY INCENTIVE PLAN In 2018, the Company’s shareholders authorized the 2018 Equity Incentive Plan (“the Plan”) under which a maximum of 10,623,953 shares were available for issuance. As of March 31, 2025, approximately 3,044,766 shares remained available for future issuance. The Plan authorizes the granting of incentive stock options, and for the three months ended March 31, 2025 and 2024, the Company granted 90,000 and 110,000 stock options, respectively. The maximum term of an option is ten years, and options generally vest at a rate of twenty -fivepercent after one year of service, and then in equal

F-43

INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited) NOTE 13 — EQUITY INCENTIVE PLAN (cont.) installments over thirty -sixsubsequent months. The fair market value of options is recognized as expense over the requisite service period, which may be shorter than the vesting period if an employee is retirement eligible. The Company generally issues new shares for exercises of stock options. As a policy, the Company does not purchase its