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v3.25.2

Accumulated Losses and Reserves (Tables) | 12 Months Ended
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Jun. 30, 2025
Disclosure of reserves within equity [abstract] |
Summary of Accumulated Losses and Reserves |
|  | 2025 |  |  | 2024 |
|  | US$(000's) |  |  | US$(000's) |
(a) Movements in accumulated losses were as follows: |  |  |  |  |  |
Balance at July 1 |  |  | (579,704 | ) |  |  | (359,462 | )
Net loss for the period |  |  | (162,791 | ) |  |  | (220,242 | )
Balance at June 30 |  |  | (742,495 | ) |  |  | (579,704 | )
(b) Reserves |  |  |  |  |  |
Fair value of Investments reserve (i) |  |  | 1,085 |  |  |  | 1,085 |
Share-based payments reserve (ii) |  |  | 22,764 |  |  |  | 16,636 |
Foreign translation reserve (iii) |  |  | 20,089 |  |  |  | 20,089 |
Total reserves |  |  | 43,938 |  |  |  | 37,810 |
(i) Movement in fair value of investments reserve: |  |  |  |  |  |
Opening balance |  |  | 1,085 |  |  |  | 1,085 |
Closing balance |  |  | 1,085 |  |  |  | 1,085 |
(ii) Movement in share-based payments reserve: |  |  |  |  |  |
Opening balance |  |  | 16,636 |  |  |  | 11,551 |
Share-based payments expense |  |  | 6,128 |  |  |  | 5,085 |
Exercise of options |  |  | — |  |  |  | — |
Closing balance |  |  | 22,764 |  |  |  | 16,636 |
(iii) Movement in foreign translation reserve: |  |  |  |  |  |
Opening balance |  |  | 20,089 |  |  |  | 20,089 |
(Gains)/loss on translation |  |  | — |  |  |  | — |
Closing balance |  |  | 20,089 |  |  |  | 20,089 |

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