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Leases (Tables)
12 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Summary of supplemental balance sheet information related to leases
The tables below show the changes during the year ended June 30, 2025:

 
(US$’000)
  
Operating
lease right-
of-
use assets
 
Balance at July 1, 2024
   $ 270  
Re-measurement
during the period
     666  
Initial measurement at February 1, 2025
     254  
Amortization of right of use asset
     (330
  
 
 
 
Operating lease
right-of-use
asset at June 30, 2025
   $ 860  
  
 
 
 
 
(US$’000)
  
Operating
lease
liabilities
 
Balance at July 1, 2024
   $ 284  
Re-measurement
during the period
     666  
Initial measurement at February 1, 2025
     255  
Principal payments on operating lease liabilities
     (356 )
  
 
 
 
Operating lease liabilities at June 30 2025
     849  
Less:
non-current
portion
     (495
  
 
 
 
Current portion at June 30, 2025
   $ 354  
  
 
 
 
Summary of maturities of the operating lease liabilities
As of June 30, 2025, the Company’s operating leases have a weighted average lease term of
2.12
years and a weighted average discount rate of
6
%. The leases’ options to extend are not included within the remaining lease term as the Company is currently not reasonably certain to exercise such options. The calendar year ended maturities of the operating lease liabilities are as follows:

 
(US$’000)
  
June 30,
2025
 
2025
   $ 145  
2026
     435  
2027
     331  
  
 
 
 
Total operating lease payments
     911  
  
 
 
 
Less imputed interest
     (62
  
 
 
 
Present value of operating lease liabilities
   $ 849