Income tax expense (Tables)

6 Months Ended

Dec. 31, 2025

Income tax expense [Abstract]

Reconciliation of Income Tax Expense

		6 months ended 31-Dec-25				12 months ended 30-Jun-25
		$'000				$'000

Numerical reconciliation of income tax expense and tax at the statutory rate
Loss before income tax expense			(4,070	)			(9,554	)

Tax at the statutory tax rate of 30%			(1,221	)			(2,866	)

Tax effect amounts which are not deductible/(taxable) in calculating taxable income:
Differences in tax rates			129				273
Non-deductible expenses			337				1,162
Foreign exchange and other translation adjustments			81				(38	)
Additional tax-deductible expenditure			(25	)			(4	)
Unrecognised tax losses relating to current period			699				1,473

Income tax expense			-				-

		31-Dec-25				30-Jun-25
		$'000				$'000

Deferred tax relates to the following:
Foreign exchange gain/loss			(1,326	)			(1,406	)
Losses available for offsetting against future taxable income			1,326				1,406

Net deferred tax asset			-				-

Unrecognized Deferred Tax Assets

		31-Dec-25				30-Jun-25
		$'000				$'000

Total tax losses			49,227				50,563
Tax losses utilised			(4,419	)			(4,688	)

			44,808				45,875

Non-recognized Tax Losses

		Jurisdiction
Revenue losses		Australia  $'000				USA  $'000				Canada  $'000				Total  $'000

Balance at 1 July 2025			11,707				29,046				327				41,080
Movement during the period			(879	)			(175	)			(5	)			(1,059	)

Balance at 31 December 2025			10,828				28,871				322				40,021

		Jurisdiction
Capital losses		Australia  $'000				USA  $'000				Canada  $'000				Total  $'000

Balance at 1 July 2025			4,795				-				-				4,795
Movement during the period			(8	)			-				-				(8	)

Balance at 31 December 2025			4,787				-				-				4,787

Total revenue and capital losses not recognised			15,615				28,871				322				44,808