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Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2024
Intangible Assets [Abstract]  
Schedule of Intangible Assets Intangible Assets

 

Gamma
Linolenic

Acid (“GLA”)
assets and
licensing

rights to
Arachidonic
Acid (“ARA”)

 

SPC®
technology

 

IP rights
HB4
Technology –
BIOX

 

Customer
relationship

 

Software
License

 

Total
Intangible
Assets

As of June 30, 2022

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

3,000,000

 

 

 

1,598,930

 

 

 

 

 

 

 

 

 

 

 

4,598,930

 

Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net book amount

 

$

3,000,000

 

 

$

1,598,930

 

 

$

 

$

 

 

$

 

 

$

4,598,930

 

   

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Year ended June 30, 2023

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Opening net book amount

 

 

3,000,000

 

 

 

1,598,930

 

 

 

 

 

 

 

 

 

 

 

4,598,930

 

Additions

 

 

101,033

 

 

 

63,329

 

 

 

 

 

 

 

 

 

 

 

164,362

 

Acquisitions through business combinations

 

 

 

 

 

 

 

 

 

 

3,819,009

 

 

 

5,045

 

 

 

3,824,054

 

Effect of changes in foreign exchange
rates

 

 

 

 

 

 

 

 

 

 

26,235

 

 

 

34

 

 

 

26,269

 

Amortization(i)

 

 

 

 

 

 

 

 

 

 

(93,247

)

 

 

(1,270

)

 

 

(94,517

)

Closing net book amount

 

$

3,101,033

 

 

$

1,662,259

 

 

$

 

$

3,751,997

 

 

$

3,809

 

 

$

8,519,098

 

   

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2023

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

3,101,033

 

 

 

1,662,259

 

 

 

 

 

3,845,244

 

 

 

5,079

 

 

 

8,613,615

 

Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

(93,247

)

 

 

(1,270

)

 

 

(94,517

)

Net book amount

 

$

3,101,033

 

 

$

1,662,259

 

 

$

 

$

3,751,997

 

 

$

3,809

 

 

$

8,519,098

 

   

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Year ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Opening net book amount

 

 

3,101,033

 

 

 

1,662,259

 

 

 

 

 

3,751,997

 

 

 

3,809

 

 

 

8,519,098

 

Additions

 

 

 

 

 

 

 

 

1,000,000

 

 

 

 

 

 

 

 

1,000,000

 

Effect of changes in foreign exchange
rates

 

 

 

 

 

 

 

 

 

 

169,626

 

 

 

168

 

 

 

169,794

 

Amortization(i)

 

 

(105,717

)

 

 

(62,335

)

 

 

 

 

(541,345

)

 

 

(3,977

)

 

 

(713,374

)

Closing net book amount

 

$

2,995,316

 

 

$

1,599,924

 

 

$

1,000,000

 

$

3,380,278

 

 

$

 

 

$

8,975,518

 

   

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2024

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

3,101,033

 

 

 

1,662,259

 

 

 

1,000,000

 

 

4,014,870

 

 

 

5,247

 

 

 

9,783,409

 

Accumulated Amortization

 

 

(105,717

)

 

 

(62,335

)

 

 

 

 

(634,592

)

 

 

(5,247

)

 

 

(807,891

)

Net book amount

 

$

2,995,316

 

 

$

1,599,924

 

 

$

1,000,000

 

$

3,380,278

 

 

$

 

 

$

8,975,518

 

(i)      The charge of the amortization is included in Administrative expenses and Research and development expenses (see notes 24 and 25).