v3.25.2
Equity - Issued Capital (Tables)
 6 Months Ended
Jun. 30, 2025
Equity - Issued Capital [Abstract]  
Schedule of Equity - Issued Capital
   Consolidated 
   June 30,
2025		   December 31, 2024   June 30,
2025		   December 31,
2024		 
   Shares   Shares   $   $ 
   Unaudited       Unaudited     
                 
Ordinary shares - fully paid   2,072,377,143    2,059,298,968    34,993,134    34,837,206 
Schedule of Movements in Spare Share Capital

Movements in spare share capital

 

Details  Date   Shares   Issue price   $ 
Balance  December 31, 2024    2,059,298,968         34,837,206 
Issue of ATM sale transactions shares, net of sales agent fees (*)  February 2025    2,078,175   $0.01    21,607 
Issue of shares under service agreement (**)  February 4, 2025    11,000,000   $0.01    100,000 
Capital raising costs       
-
         (61,787)
Expiry of options       
-
         96,108 
                    
Balance  June 30, 2025    2,072,377,143         34,993,134 

 

(*)

On February 3, 2025, the Company entered into an At-The-Market Sales Agreement (the “Sales Agreement”) with ThinkEquity LLC, as sales agent (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time through the Sales Agent ADSs having an aggregate offering price of up to $10 million.

 

As of June 30, 2025, the Company sold 7,557 ADSs under the Sales Agreement, at an average sales price of $2.95, for gross proceeds of $22,275, net of sales cash commission of $668.

 

(**)On November 1, 2022, the Company entered investor relations service agreement (“IR Agreement”) pursuant to which part of the compensation was to be paid as equity. On February 4, 2025 (the “Approval Date”), in connection with the IR Agreement’s compensation terms, the board of directors of the Company approved the issuance of 11,000,000 ordinary shares, representing 40,000 ADSs, representing a total value of $100,000 based on the closing share price of the Company’s ADSs on the Approval Date of $2.50 per ADS.