Note 10 - Additional paid-in capital
Additional paid-in capital:
| | |
June 30,
2025 | | |
June 30,
2024 | |
| | |
(in thousands
except per share data) | |
| Opening balance | |
| 125,218 | | |
| 116,290 | |
| Equity instruments issued to management and directors1 | |
| 2,609 | | |
| 8,928 | |
| Convertible note conversion | |
| 100 | | |
| - | |
| Share issuance | |
| 48,401 | | |
| - | |
| Share issuance costs | |
| (2,279 | ) | |
| - | |
| Ending balance | |
| 174,049 | | |
| 125,218 | |
| 1 | The equity-based premium reserve is used to record the value of equity issued to raise capital, and for stock-based payments. |
|