Goldenstone net loss widens to $414,679 in FY26 - GDST News | RalliesGoldenstone net loss widens to $414,679 in FY26
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GDST• Fiscal 2026 results
- Goldenstone Acquisition reported a net loss of $414,679 for fiscal 2026, swinging from net income of $109,366 a year earlier.
- Interest income on the Trust Account fell to $353,131 from $1.33 million.
- Formation and operating costs eased to $856,463 from $971,217, while income tax provision declined to $77,097 from $287,243.
Business combination update
- The Infintium business-combination agreement was terminated on Oct. 1, 2025.
- Public shares outstanding fell to 20,156 after March 2026 redemptions.
Liquidity and balance-sheet position
- Liquidity remained tight with $5,618 in cash at March 31, 2026.
- Working capital deficit widened to $11.59 million from $4.22 million.
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