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Goodwill and impairment | 12 Months Ended
--- | ---
Jun. 30, 2024
Goodwill and impairment [Abstract] |
Goodwill and impairment | Note 17. Goodwill and impairment
| Consolidated |
| 30 June 2024 |  | 30 June 2023 |
| US$’000 |  | US$’000 |
Non-current assets |  |  |  |
Goodwill - at cost | 598 |  |  | 617 |  |
Less: Impairment | (598) |  |  | (617) |  |
Total goodwill | - |  |  | - |  |
The Group tests whether goodwill is impaired on an annual basis or when indicators of impairment exist. To determine if goodwill is impaired, the carrying value of the identified CGU to which the goodwill is allocated is compared to its recoverable amount. For the years ended 30 June 2024 and 30 June 2023 the Group operated as a single CGU. The recoverable amount of the CGU is based on VIU calculations, determined by discounting the future cash flows to be generated from continuing the use of the CGU. As at 30 June 2024, no impairment indicators existed for the CGU. Reconciliation Impairment recorded during the year ended 30 June 2023 comprised of the following:
| Year ended 30 June 2024 | Year ended 30 June 2023 |
| US$’000 | US$’000 |
Goodwill | - |  | 603 |  |
Mining hardware | - |  | 25,700 |  |
Mining hardware – Non-Recourse SPVs | - |  | 64,824 |  |
Mining hardware prepayments | - |  | 11,301 |  |
Mining hardware prepayments – Non-Recourse SPVs | - |  | 1,660 |  |
Development assets | - |  | 1,084 |  |
Impairment of assets | - |  | 105,172 |  |
The impairment expense described above has been recognized in the consolidated statements of profit or loss as impairment of assets. As at June 30, 2024, the Group has not identified any indicator of impairment for the property, plant and equipment.

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- Definition The disclosure of goodwill and impairment. + References No definition available. + Details
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- Definition Goodwill and impairment [Abstract] + References No definition available. + Details
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