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Loss Before Income Tax (Tables)
3 Months Ended
Sep. 30, 2022
Disclosure Of Loss Before Income Tax [Abstract]  
Summary of Loss Before Income Tax

 

 

 

 

Three Months Ended

September 30,

 

 

(in U.S. dollars, in thousands)

 

Note

 

2022

 

 

2021

 

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

Commercialization revenue

 

 

 

 

1,443

 

 

 

2,422

 

 

Milestone revenue

 

 

 

 

 

 

 

1,172

 

 

Interest revenue

 

 

 

 

60

 

 

 

 

 

Total Revenue

 

 

 

 

1,503

 

 

 

3,594

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Clinical trial and research & development

 

 

 

 

(658

)

 

 

(2,583

)

 

Manufacturing production & development

 

 

 

 

(5,376

)

 

 

(7,918

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee benefits

 

 

 

 

 

 

 

 

 

 

 

Salaries and employee benefits

 

 

 

 

(4,704

)

 

 

(5,452

)

 

Defined contribution superannuation expenses

 

 

 

 

(84

)

 

 

(96

)

 

Equity settled share-based payment transactions(1)

 

 

 

 

(350

)

 

 

(1,076

)

 

Total Employee benefits

 

 

 

 

(5,138

)

 

 

(6,624

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization of non-current assets

 

 

 

 

 

 

 

 

 

 

 

Plant and equipment depreciation

 

 

 

 

(296

)

 

 

(290

)

 

Right of use asset depreciation

 

 

 

 

(432

)

 

 

(410

)

 

Intellectual property amortization

 

 

 

 

(377

)

 

 

(393

)

 

Total Depreciation and amortization of non-current assets

 

 

 

 

(1,105

)

 

 

(1,093

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Management & administration expenses

 

 

 

 

 

 

 

 

 

 

 

Overheads & administration

 

 

 

 

(2,537

)

 

 

(2,098

)

 

Consultancy

 

 

 

 

(1,329

)

 

 

(773

)

 

Legal, patent and other professional fees

 

 

 

 

(802

)

 

 

(1,033

)

 

Intellectual property expenses (excluding the amount

   amortized above)

 

 

 

 

(563

)

 

 

(621

)

 

Total Other Management & administration expenses

 

 

 

 

(5,231

)

 

 

(4,525

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value remeasurement of contingent consideration

 

 

 

 

 

 

 

 

 

 

 

Remeasurement of contingent consideration

 

5(e)(iii)

 

 

4,468

 

 

 

280

 

 

Total Fair value remeasurement of contingent

   consideration

 

 

 

 

4,468

 

 

 

280

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value remeasurement of warrant liability

 

 

 

 

 

 

 

 

 

 

 

Remeasurement of warrant liability

 

5(e)(vi)

 

 

(401

)

 

 

 

 

Total Fair value remeasurement of warrant liability

 

 

 

 

(401

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other operating income and expenses

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange (losses)

 

 

 

 

(504

)

 

 

(119

)

 

Foreign withholding tax paid

 

 

 

 

 

 

 

(59

)

 

Total Other operating income and expenses

 

 

 

 

(504

)

 

 

(178

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance (costs)/gains

 

 

 

 

 

 

 

 

 

 

 

Remeasurement of borrowing arrangements

 

 

 

 

54

 

 

 

480

 

 

Interest expense

 

 

 

 

(4,551

)

 

 

(4,140

)

 

Total Finance costs

 

 

 

 

(4,497

)

 

 

(3,660

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loss before income tax

 

 

 

 

(16,939

)

 

 

(22,707

)

 

 

 

 

 

 

 

 

 

(1)

Share-based payment transactions

For the three months ended September 30, 2022 and 2021, share-based payment transactions have been reflected in the Consolidated Income Statement functional expense categories as follows:

 

 

 

 

 

Three Months Ended

September 30,

 

 

(in U.S. dollars)

 

 

 

2022

 

 

2021

 

 

Research and development

 

 

 

 

37,905

 

 

 

899,841

 

 

Manufacturing and commercialization

 

 

 

 

(252,293)

 

 

 

123,149

 

 

Management and administration

 

 

 

 

564,047

 

 

 

52,722

 

 

Equity settled share-based payment transactions

 

 

 

 

349,659

 

 

 

1,075,712