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Consolidated statements of cash flows - AUD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities      
Loss after income tax expense for the year $ (20,465,180) $ (25,014,055) $ (8,420,000)
Adjustments for:      
Depreciation and amortisation 1,869,000 1,869,000 1,265,000
Share-based payments 1,159,000 1,675,000 637,000
Foreign exchange differences 46,000 (2,154,000) 428,000
Gain on remeasurement of contingent consideration (2,097,000) 2,570,000
Cash flows from used in operations before changes in working capital (19,488,000) (23,624,000) (3,520,000)
Change in operating assets and liabilities:      
Increase/(decrease) in trade and other receivables 3,450,000 (7,000) (5,027,000)
Increase/(decrease) in prepayments 365,000 (277,000) (1,182,000)
Increase/(decrease) in trade and other payables 569,000 (528,000) 1,010,000
Increase in other provisions 264,000 201,000 92,000
Decrease in deferred tax liability (271,000) (368,000) (484,000)
(Decrease)/increase in borrowings (45,000) 1,841,000
Net cash used in operating activities (15,156,000) (22,762,000) (9,111,000)
Cash flows from investing activities      
Payment of milestone relating to contingent consideration (2,365,000)
Net cash used in investing activities (2,365,000)
Cash flows from financing activities      
Proceeds from issue of shares 12,972,000 3,726,000 28,109,000
Net cash from financing activities 12,972,000 3,726,000 28,109,000
Net (decrease)/increase in cash and cash equivalents (2,184,000) (21,401,000) 18,998,000
Cash and cash equivalents at the beginning of the financial year 7,361,112 27,587,000 8,764,000
Effects of exchange rate changes on cash 64,000 1,175,000 (175,000)
Cash and cash equivalents at the end of the financial year $ 5,241,197 $ 7,361,112 $ 27,587,000