| Schedule of externally imposed capital requirements |
| | |
2022 | | |
2021 | | |
2022 | | |
2021 | |
| | |
No. | | |
No. | | |
A$ | | |
A$ | |
| b) Share capital | |
| | |
| | |
| | |
| |
| Issued capital-ordinary shares | |
| 166,749,382 | | |
| 136,362,538 | | |
| 61,822,859 | | |
| 39,213,794 | |
| Issued share capital | |
| 166,749,382 | | |
| 136,362,538 | | |
| 61,822,859 | | |
| 39,213,794 | |
| | |
2022
No. | | |
2021
No. | | |
2022
A$ | | |
2021
A$ | |
| c) Share movements during the year – ordinary shares | |
| | |
| | |
| | |
| |
| At the start of the financial year | |
| 136,362,538 | | |
| 114,392,923 | | |
| 39,213,794 | | |
| 24,355,213 | |
| Shares issued on exercise of Performance Rights | |
| 5,000,000 | | |
| 5,750,000 | | |
| 1,996,500 | | |
| 2,141,000 | |
| Shares issued on exercise of Options | |
| 3,103,622 | | |
| 7,957,948 | | |
| 1,665,905 | | |
| 3,865,556 | |
| Shares issued to related party | |
| 2,000,000 | | |
| 3,000,000 | | |
| 920,000 | | |
| 3,920,000 | |
| Share based payments | |
| 1,172,812 | | |
| 1,095,000 | | |
| 1,050,237 | | |
| 1,017,500 | |
| Share issue – NASDAQ IPO | |
| 16,100,000 | | |
| 4,166,667 | | |
| 16,706,786 | | |
| 5,000,000 | |
| Share issue – conversion convertible note | |
| 3,010,410 | | |
| - | | |
| 3,125,964 | | |
| | |
| Less share issue costs | |
| - | | |
| - | | |
| (2,856,327 | ) | |
| (1,085,468 | ) |
| | |
| 166,749,382 | | |
| 136,362,538 | | |
| 61,822,859 | | |
| 39,213,794 | |
|
| Schedule of equity compensation reserve |
| |
|
2022 |
|
|
2021 |
|
| |
|
A$ |
|
|
A$ |
|
| d) Reserves |
|
|
|
|
|
|
| Equity compensation reserve |
|
|
9,338,100 |
|
|
|
5,293,019 |
|
| Balance at the end of the year |
|
|
9,338,100 |
|
|
|
5,293,019 |
|
| |
|
|
|
|
|
|
|
|
| e) Movement in equity compensation reserve |
|
|
|
|
|
|
|
|
| Balance at the beginning of the year |
|
|
5,293,019 |
|
|
|
4,576,829 |
|
| Fair value vesting expense of options and performance rights |
|
|
6,532,583 |
|
|
|
3,092,009 |
|
| Fair value of options/performance rights exercised during the year |
|
|
(2,487,502 |
) |
|
|
(2,709,020 |
) |
| Fair value of options cancelled during the year |
|
|
- |
|
|
|
(1,799 |
) |
| Option exercise proceeds |
|
|
- |
|
|
|
335,000 |
|
| Balance at the end of the year |
|
|
9,338,100 |
|
|
|
5,293,019 |
|
|