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v3.24.3

Consolidated statements of cash flows $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2024 AUD ($) | Jun. 30, 2023 AUD ($) | Jun. 30, 2022 AUD ($)
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |
Loss after income tax expense for the year |  | $ (26,778) | $ (20,465) | $ (25,014)
Adjustments for: |  |  |  |
Amortisation |  | 1,869 | 1,869 | 1,869
Issuance of liability classified warrants for services |  | 5,961 | 0 | 0
Share-based payments | [1] | 533 | 1,159 | 1,675
Foreign currency (gain) / loss |  | (20) | 46 | (2,154)
Loss/(gain) on remeasurement of contingent consideration |  | 134 | (2,097) | 0
Gain on remeasurement of promissory note |  | (25) | 0 | 0
Gain on remeasurement of financial assets |  | (1,257) | 0 | 0
Cash flows from used in operations before changes in working capital |  | (19,583) | (19,488) | (23,624)
Change in operating assets and liabilities: |  |  |  |
Increase/(decrease) in trade and other receivables |  | 5 | 3,450 | (7)
Increase/(decrease) in other assets |  | 1,041 | 365 | (277)
Increase/(decrease) in trade and other payables |  | 10,738 | 569 | (528)
(Decrease)/increase in other provisions |  | (349) | 264 | 201
Decrease in deferred tax liability |  | (271) | (271) | (368)
(Decrease)/increase in borrowings |  | (1,162) | (45) | 1,841
Net cash used in operating activities |  | (9,581) | (15,156) | (22,762)
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |
Payment of milestone related to contingent consideration |  | 0 | 0 | (2,365)
Net cash used in investing activities |  | 0 | 0 | (2,365)
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |
Proceeds from issuance of shares, net of transaction costs |  | 2,914 | 12,972 | 3,726
Proceeds from issuance of equity and pre-funded warrants |  | 2,666 | 0 | 0
Proceeds from promissory note |  | 776 | 0 | 0
Repayment of promissory note |  | (371) | 0 | 0
Net cash provided by financing activities |  | 5,985 | 12,972 | 3,726
Net (decrease)/increase in cash and cash equivalents |  | (3,596) | (2,184) | (21,401)
Cash and cash equivalents at the beginning of the financial year |  | 5,241 | 7,361 | 27,587
Effects of exchange rate changes on cash |  | 12 | 64 | 1,175
Cash and cash equivalents at the end of the financial year |  | 1,657 | 5,241 | 7,361
NON-CASH INVESTING AND FINANCING ACTIVITIES |  |  |  |
Conversion of convertible promissory note |  | 380 | 0 | 0
Exercise of pre-funded warrants |  | $ 864 | $ 0 | $ 0
[1] | 1,674 per statement of changes in equity

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