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Consolidated Statement of Cash Flows
12 Months Ended
Jun. 30, 2024
AUD ($)
Jun. 30, 2023
AUD ($)
Jun. 30, 2022
AUD ($)
Cash Flows Related to Operating Activities      
Receipts from customers $ 4,734,350 $ 1,912,689 $ 696,603
Payments to suppliers and employees (12,910,753) (7,842,052) (4,629,139)
Australian R&D tax incentive refund 395,001 251,986 306,154
Grants received from government and non-government sources 1,901,263 3,082,182 478,589
Net Cash Flows Used In Operating Activities (5,880,139) (2,595,195) (3,147,793)
Cash Flows Related to Investing Activities      
Payments for purchases of plant and equipment (195) (7,739) (10,048)
Payments for acquisition of associate   (2,729,863)
Interest received 327,756 116,323 21,785
Net Cash Flows From/(Used In) Investing Activities 327,561 (2,621,279) 11,737
Cash Flows Related to Financing Activities      
Proceeds from issues of securities 24,000  
Principal elements of lease payments (15,595) (35,015) (36,264)
Interest and other costs of finance paid (7,576) (9,652) (6,184)
Net Cash Flows From/(Used In) Financing Activities 829 (44,667) (42,448)
Net (decrease)/increase in cash and cash equivalents (5,551,749) (5,261,141) (3,178,504)
Cash and cash equivalents at the beginning of the year 17,159,764 22,110,278 25,047,281
Effects of exchange rate changes on cash and cash equivalents 49,300 310,627 241,501
Cash and Cash Equivalents at the End of the Year $ 11,657,315 $ 17,159,764 $ 22,110,278