Equity - Reserves and Retained Earnings (Tables)

12 Months Ended

Jun. 30, 2024


	Consolidated
	June 30, 2024			June 30, 2023
	A$			A$
(a) Reserves
Options issued reserve		19,116,205			19,116,205
Conversion feature of convertible note reserve		2,589,486			2,589,486
Foreign currency translation reserve		2,423,316			3,844,507
Share-based payment reserve		5,934,705			4,577,520

		30,063,712			30,127,718

Movement in options issued reserve were as follows:
Opening balance and closing balance		19,116,205			19,116,205

Movements in conversion feature of convertible note reserve:
Opening balance		2,589,486			5,178,972
Transfer to accumulated losses on conversion of Convertible Notes		—			(2,006,280	)
Transfer to contributed equity on conversion of Convertible Notes		—			(583,206	)

Ending balance		2,589,486			2,589,486

Movement in foreign currency translation reserve were as follows:
Opening balance		3,844,507			252,005
Currency translation differences arising during the year		(1,421,191	)		3,592,502

Ending balance		2,423,316			3,844,507

Movement in share-based payment reserve were as follows:
Opening balance		4,577,520			4,457,636
Option and Performance rights expensed during the year		1,796,286			2,001,572
Exercise of vested performance rights transferred to contributed equity		(439,101	)		(1,881,688	)

Ending balance		5,934,705			4,577,520

(b) Accumulated losses
Movement in accumulated losses were as follows:
Opening balance		(339,930,532	)		(302,335,209	)
Net loss for the year		(42,716,625	)		(39,896,348	)
Conversion of Convertible Notes*		—			2,301,025

Ending Balance		(382,647,157	)		(339,930,532	)

*	The contribution of conversion of convertible notes to accumulated losses is nil (FY2023: $2,301,025).