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Consolidated Statements of Profit or Loss and Other Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Profit or loss [abstract]      
Revenue $ 25 $ 125 $ 108
Other income 121 137 277
Operating expenses:      
Research and development (includes amounts paid to related parties $10,021, 2024:$3,043 , 2023:$900) (126,832) (176,326) (128,828)
Administration expenses (includes amounts paid to related parties $275, 2024:Nil,2023: Nil) (29,076) (15,778) (21,582)
Total operating expenses (155,908) (192,104) (150,410)
Operating Loss (155,762) (191,842) (150,025)
Finance income 5,532 3,395 3,227
Interest expense on DFA* (includes amounts to related parties $32,793 (2024: $24,699, 2023: $13,462)) [1] (46,457) (30,263) (13,462)
Gain on remeasurement of financial liability - DFA 0 387 12,302
Fair value gain/(loss) on derivatives - investor options 28,283 (11,224) 0
Net foreign exchange loss (1,334) (107) (489)
Loss before income tax (169,738) (229,654) (148,447)
Income tax benefit 6,947 9,412 5,926
Loss for the year (162,791) (220,242) (142,521)
Other comprehensive income      
Total comprehensive loss for the year (162,791) (220,242) (142,521)
Loss for the year is attributable to:      
Owners of the Company (162,791) (220,242) (142,521)
Loss for the year (162,791) (220,242) (142,521)
Total comprehensive loss for the year is attributable to:      
Owners of the Company (162,791) (220,242) (142,521)
Total comprehensive loss for the year $ (162,791) $ (220,242) $ (142,521)
Loss per share attributable to the owners of the Company:      
- Basic loss per share (cents) $ (0.1329) $ (0.3451) $ (0.322)
- Diluted loss per share (cents) $ (0.1329) $ (0.3451) $ (0.322)
[1] Development Funding Agreement ("DFA")