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Financial Assets and Financial Liabilities (Tables)
12 Months Ended
Jun. 30, 2024
Financial Assets and Financial Liabilities [Abstract]  
Schedule of Cash and Cash Equivalents Cash and cash equivalents
   30 June
2024
   30 June
2023
 
   A$   A$ 
Cash at Bank and in hand:        
Cash at bank and in hand   11,657,315    17,159,764 
Total   11,657,315    17,159,764 
Schedule of Trade and Other Receivables Trade and other receivables
   30 June
2024
   30 June
2023
 
   A$   A$ 
Current        
Trade receivables1   607,436    46,949 
Loss allowance   (16,233)   (27,920)
Accrued income – Australian R&D tax incentive refund2   768,370    398,391 
Other income receivables – R&D grants3   28,000    - 
Total   1,387,573    417,420 
1All trade receivables are non-interest bearing.
2Receivables from the Australian Tax Office in relation to R&D tax incentive refund for the year.
3The group has recognized $28,000 of EMDG grant in other income receivable for the current financial year (2023:nil).
Schedule of Recurring Fair Value Measurements Financial assets mandatorily measured at FVPL include the following:
     30 June
2024
   30 June
2023
 
   Notes  A$   A$ 
            
Current           
Ateria share options  8(c)(iii)            -    221,620 
Ateria contingent consideration receivable  8(c)(iii)   -    1,612,414 
       -    1,834,034 
(i)Recognized fair value measurements
Recurring fair value measurements  Notes   Level 2   Level 3   Total 
       $   $   $ 
At 30 June 2024                
Financial assets                  
Ateria share options                      -                -               - 
Ateria contingent consideration receivable       -    -    - 
Total financial assets        -    -    - 
Recurring fair value measurements  Notes  Level 2   Level 3   Total 
At 30 June 2023     $   $   $ 
Financial assets               
Ateria share options        221,620    -    221,620 
Ateria contingent consideration receivable     -    1,612,414    1,612,414 
Total financial assets      221,620    1,612,414    1,834,034 
Schedule of Losses Were Recognised in Profit or Loss During the year, the following losses were recognised in profit or loss:
   30 June
2024
   30 June
2023
   30 June
2022
 
   A$   A$   A$ 
Fair value gains/(losses) to financial assets   (557,676)   (523,666)          - 
Reconciliation  Level 2   Level 3   Total 
   $   $   $ 
Financial assets            
Balance at acquisition date   221,620    1,612,414    1,834,034 
Fair value gains/(losses) to financial assets   (221,620)   (336,056)   (557,676)
Net foreign exchange gains   -    20,595    20,595 
Share of loss from associates*   -    (101,603)   (101,603)
Issue of Ateria contingent shares*   -    (1,195,350)   (1,195,350)
Balance at 30 June 2024   -    -    - 
*Note: (refer to Note 10(b)).

   

Schedule of the Fair Value of the Share Options As at 30 June 2023, the fair value of Ateria share options were determined using the following inputs:
Value date  Expiry date  Exercise price   No. of
options
   Share price
at grant date
   Expected
volatility
   Dividend
yield
   Risk- free
interest
rate
   Fair value
at grant
date per
option
 
2023-06-30  2023-07-31  £2.00    735,000   £1.85    100.00%   0.00%   4.18%  £0.1583 
Schedule of Other Current Assets Other current assets
   30 June
2024
   30 June
2023
 
   A$   A$ 
         
Prepayments   96,841    158,151 
Total   96,841    158,151 
Schedule of Trade and Other Payables Trade and other payables
   30 June
2024
A$
   30 June
2023
A$
 
Current        
Trade payables   648,851    790,919 
Accrued expenses   1,445,451    394,026 
Other payables   41,550    7,824 
Total   2,135,852    1,192,769 
Schedule of Deferred Income Deferred income
   30 June
2024
A$
   30 June
2023
A$
 
Current          
Deferred grant income     -    698,195 
Total   -    698,195