v3.26.1
Note 8 - Capital Commitments (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Fair value at December 31, 2025

 

$

56,243

 

Fair value change in derivative asset

 

 

-

 

Fair value at March 31, 2026

 

 

56,243

 

Fair value change in derivative asset

 

 

(56,243

)

Fair value at June 30, 2026

 

$

-

 

 

 

 

 

Fair value at December 31, 2024

 

$

56,243

 

Fair value change in derivative asset

 

 

-

 

Fair value at March 31, 2025

 

 

56,243

 

Fair value change in derivative asset

 

 

-

 

Fair value at June 30, 2025

 

$

56,243

 

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

December 31,

2025

Expected stock-price volatility

104.1

%

Risk-free interest rate

4.0

%

Stock price (in Australian dollars)

$

0.5700

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Expected dividend yield

 

 

0

%

 

 

0

%

Expected stock-price volatility

 

 

52.1

%

 

 

59.2

%

Risk-free interest rate

 

 

4.55

%

 

 

3.97

%

Stock price

 

$

1.2673

 

 

$

1.0240

 

Conversion price

 

$

0.4190

 

 

$

0.4083

 

Schedule of Options Indexed to Issuer's Equity [Table Text Block]

CDI options outstanding at December 31, 2025

 

 

5,051,539

 

Exercise of CDI options

 

 

-

 

CDI options outstanding at June 30, 2026

 

 

5,051,539

 

 

 

 

 

 

CDI options outstanding at December 31, 2024

 

 

5,700,000

 

Exercise of CDI options

 

 

(503,935

)

CDI options outstanding at June 30, 2025

 

 

5,196,065

 

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Fair value at December 31, 2025

 

$

3,157,717

 

Fair value change in CDI options

 

 

1,328,555

 

Fair value at March 31, 2026

 

 

4,486,272

 

Fair value change in CDI options

 

 

(199,536

)

Fair value at June 30, 2026

 

$

4,286,736

 

 

 

 

 

Fair value at December 31, 2024

 

$

3,135,000

 

Exercise of CDI options

 

 

(293,143

)

Fair value change in CDI options

 

 

(24,031

)

Fair value at March 31, 2025

 

 

2,817,826

 

Fair value change in CDI options

 

 

182,298

 

Fair value at June 30, 2025

 

$

3,000,124