v3.26.3
Property, plant and equipment
 12 Months Ended
Jun. 30, 2026
Disclosure of detailed information about property, plant and equipment [abstract]  
Property, plant and equipment

 

7.Property, plant and equipment:

  

   Furniture and equipment   Vehicle   IPP facilities   BESS projects   Total 
Cost:                         
Balance, June 30, 2025  $7   $36   $38,269    -   $38,312 
Reclassification from construction in progress   -    -    9,614    13,815    23,429 
Adjustment - Capital expenditure refunds   -    -    (246)   -    (246)
Foreign currency impact   -    -    276    -    276 
Balance, June 30, 2026  $7   $36   $47,913    13,815   $61,771 
                          
Accumulated depreciation:                         
Balance, June 30, 2025 ((Restated – note 2(e)(i))  $7   $10   $9,017    -   $9,034 
Depreciation   -    4    2,882    128    3,014 
Impairment (note 25)   -    -    247    804    1,051 
Balance,June 30, 2026  $7   $14   $12,146    932   $13,099 
Net Book Value, June 30, 2026  $-   $22   $35,767    12,883   $48,672 

 

   Computer equipment   Furniture and equipment   Vehicle   IPP facilities   Total 
Cost:                         
Balance, June 30, 2024  $19   $57   $36   $3,578   $3,690 
Additions from acquisition (note 19)   -    -    -    34,772    34,772 
Dispositions   (19)   (50)   -    (79)   (148)
Foreign currency impact   -    -    -    (2)   (2)
Balance, June 30, 2025  $-   $7   $36   $38,269    38,312 
                          
Accumulated depreciation:                         
Balance, June 30, 2024  $16   $45   $4   $170   $235 
Dispositions   (16)   (39)   -    -    (55)
Depreciation   -    1    6    2,781    2,788 
Impairment (note 25)   -    -    -    837    837 
Reallocation of impairment loss (note 2(e)(i))   -    -    -    5,229    5,229 
Foreign currency impact   -    -    -    -    - 
Balance, June 30, 2025 (Restated – note 2(e)(i))  $-   $7   $10    9,017    9,034 
Net Book Value - June 30, 2025 (Restated – note 2(e)(i))  $-   $-   $26   $29,252   $29,278 

 

In July 2025, the Geddes project achieved Permission to Operate (“PTO”). Accordingly, construction in progress costs of $9,614 associated with the facility were transferred from construction in progress to property, plant and equipment as the asset became available for its intended use.

 

In April 2026, one of the BESS projects achieved PTO. Accordingly, construction in progress costs of $13,815 associated with the project were transferred from construction in progress to property, plant and equipment as the asset became available for its intended use.

 

For the years ended June 30, 2026, 2025 and 2024, depreciation expense of $3,010, $2,781 and $170, respectively, was recorded in cost of goods sold. The 2026 amount relates to IPP facilities and BESS projects; the 2025 and 2024 amounts relate to IPP facilities. The remaining depreciation expense of $4, $7 and $8, respectively, was recorded in operating expenses.