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Interest and Other Income from Continuing Operations

12 Months Ended

Jun. 30, 2025

Interest and Other Income from Continuing Operations [Abstract]

INTEREST AND OTHER INCOME FROM CONTINUING OPERATIONS

2. INTEREST AND OTHER INCOME FROM CONTINUING OPERATIONS

		Years Ended June 30,
		2025				2024				2023

Interest income
Interest income			446,291				268,419				16,436
Total interest income			446,291				268,419				16,436

Other income
R&D Tax Incentive (1)			5,438,918				4,019,285				3,914,230
Miscellaneous income (2)			2,202,598				-				2,103
Total other income			7,641,516				4,019,285				3,916,333

Total interest and other income from continuing operations			8,087,807				4,287,704				3,932,769

(1)

A 43.5% R&D Tax incentive refundable tax offset, is available to eligible small companies with an annual aggregate turnover of less than $20 million. For the years ended June 30, 2025, June 30, 2024 and June 30, 2023, the Group was eligible to receive the refundable tax offset. Management, with input from an independent expert, has applied judgement when assessing activities and expenditures that are likely to be eligible under the incentive scheme and therefore recorded $5,438,918, $4,019,285 and $3,914,230 in other income, respectively.

(2)	Miscellaneous income is comprised of other income of $1,975,056 in relation to settlement of a dispute with Catalent, and other income of $227,542 in relation to settlement of an insurance claim in relation to a U.S. employment case.