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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Cash flows used in operating activities      
Loss for the year from continuing activities $ (10,043,000) $ (2,711,000) $ (1,376,000)
Adjustments for:      
Share-based payment expense 2,097,000 162,000 111,000
Expenses settled in shares 324,000 63,000 142,000
Foreign exchange differences 735,000 444,000 (3,000)
Net cash outflows used in operating activities before changes in working capital (6,887,000) (2,042,000) (1,126,000)
Changes in working capital:      
(Increase)/decrease in trade and other receivables (985,000) 40,000 53,000
Increase in trade and other payables 1,895,000 880,000 415,000
Net cash outflows used in operating activities (5,977,000) (1,122,000) (658,000)
Cash flows from investing activities      
Purchase of intangibles (28,220,000) (8,038,000) (1,496,000)
Award received in relation to intangibles 2,152,913    
Purchase of property, plant and equipment (45,000)    
Purchase of other non-current assets (358,000)    
Net cash outflows from investing activities (26,470,000) (8,038,000) (1,496,000)
Cash flows from financing activities      
Proceeds from issue of share capital, net of share issue costs 83,674,000 7,968,000 3,819,000
Net cash inflows generated from financing activities 83,674,000 7,968,000 3,819,000
Increase/(decrease) in cash and cash equivalents 51,227,000 (1,192,000) 1,665,000
Cash and cash equivalents at beginning of year 1,873,000 3,033,000 1,371,000
Effect of foreign currency exchange rates (641,000) 32,000 (3,000)
Cash and cash equivalents at end of year $ 52,459,000 $ 1,873,000 $ 3,033,000