Consolidated Condensed Statements of Comprehensive Income/(Loss) (Unaudited) - AUD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Revenue | ||||
Revenue | $ 1,208,764 | $ 1,625,566 | $ 2,763,423 | $ 3,095,076 |
Operating costs and expenses | ||||
Cost of goods and services | 2,415,458 | 455,251 | 3,126,773 | 1,046,895 |
Gross profit/(Loss) | (1,206,694) | 1,170,315 | (363,350) | 2,048,181 |
Other operating costs and expenses | ||||
Depreciation and amortization | 174,767 | 222,609 | 325,410 | 475,707 |
Research and development | 2,019,167 | 1,720,116 | 2,814,670 | 1,974,333 |
Selling, general and administrative | 3,303,934 | 3,715,972 | 7,668,908 | 7,741,354 |
Total operating costs and expenses | 5,497,868 | 5,658,697 | 10,808,988 | 10,191,394 |
Loss from operations | (6,704,562) | (4,488,382) | (11,172,338) | (8,143,213) |
Other income/(expense) | ||||
Interest income | 16,458 | 126,905 | 79,849 | 195,561 |
Interest expense | 507 | 6,660 | 2,743 | 13,347 |
Financing costs | (22,744) | (22,505) | (45,488) | (39,400) |
Research and development tax incentive income | 363,722 | 580,026 | 709,766 | 694,374 |
Exchange loss | (276,652) | (48,965) | (109,357) | (35,119) |
Other income | 13,611 | 65,517 | 91,687 | 108,269 |
Total other income/(expenses) | 93,888 | 694,318 | 723,714 | 910,338 |
Net loss before tax | (6,610,674) | (3,794,064) | (10,448,624) | (7,232,875) |
Income tax benefit/(expense) | 0 | 0 | 0 | 0 |
Net loss after tax | $ (6,610,674) | $ (3,794,064) | $ (10,448,624) | $ (7,232,875) |
Net loss per share | ||||
Net loss per share - basic and diluted (in AUD per Share) | $ (0.02) | $ (0.01) | $ (0.04) | $ (0.03) |
Average weighted number of shares - basic and diluted (in shares) | 298,067,435 | 270,961,208 | 298,067,435 | 242,397,296 |
Other comprehensive income/(loss), net of tax: | ||||
Foreign currency translation reserve | $ 146,305 | $ (170,062) | $ 140,574 | $ 5,475 |
Other comprehensive income/(loss) | 146,305 | (170,062) | 140,574 | 5,475 |
Comprehensive loss | (6,464,369) | (3,964,126) | (10,308,050) | (7,227,400) |
Product [Member] | ||||
Revenue | ||||
Revenue | 1,127,750 | 1,371,978 | 2,457,563 | 2,551,821 |
Operating costs and expenses | ||||
Cost of goods and services | 2,446,909 | 343,949 | 3,072,783 | 825,416 |
Service [Member] | ||||
Revenue | ||||
Revenue | 81,014 | 253,588 | 305,860 | 543,255 |
Operating costs and expenses | ||||
Cost of goods and services | $ (31,451) | $ 111,302 | $ 53,990 | $ 221,479 |
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- Definition Amount of costs of interest expense excluding debt related financing costs. No definition available.
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of unrealized and realized gain (loss) on investment in debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of compensation earned (contract income) under a research and development arrangement accounted for as a contract to perform research and development for others. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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