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Consolidated Statement of Financial Position - USD ($)
Jun. 30, 2024
Jun. 30, 2023
Current Assets    
Cash and cash equivalents $ 3,544,837 $ 3,702,567
Trade and other receivables 71,115 2,365,638
Other assets 7,840 33,641
Total current assets 3,623,792 6,101,846
Non-current assets    
Property, Plant and Equipment 77,698 94,928
Right-of-use asset 255,463 157,540
Intangible assets 1,297,263 811,361
Other Assets 65,109 65,110
Total non-current assets 1,695,533 1,128,939
Total assets 5,319,325 7,230,785
Current liabilities    
Trade and other payables 1,991,536 2,034,436
Unearned revenue 174,290
Current Employee Entitlements 454,342 357,227
Current Financial Liabilities 25,331,307
Current Lease Liability 128,559 121,500
Total current liabilities 2,574,437 28,018,760
Non-current liabilities    
Non-current Financial Liabilities 10,273,278
Non-current Employee Entitlements 55,622 18,892
Non-current Lease Liability 130,722 54,162
Total non-current liabilities 186,344 10,346,332
Total liabilities 2,760,781 38,365,092
Net assets/(liabilities) 2,558,544 (31,134,307)
Equity    
Issued Capital 46,779,703 3,385,281 [1]
Share-based payment reserve 5,734,601 3,912,367
Unlisted options reserve 2,741,457
Foreign currency translation reserve (86,542) (65,832)
Accumulated losses (52,610,675) (38,366,123)
Total equity/(deficit) $ 2,558,544 $ (31,134,307)
[1] On January 24, 2024, there was a reverse share split of our issued and outstanding Ordinary Shares and Ordinary Share equivalents on the basis of four (4) securities for every five (5) securities held. All issued and outstanding Ordinary Shares and Ordinary Share equivalents and per share data have been adjusted throughout the financial statements to reflect the reverse share split for all periods presented.