| Disclosure of Income Tax Expense Benefit |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Current tax |
|
June 30, 2026
A$ |
|
|
June 30, 2025
A$ |
|
|
June 30, 2024
A$ |
|
Current tax on profits for the fiscal year |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
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|
|
|
|
Total current tax expense |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
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|
Deferred income tax |
|
|
|
|
|
|
|
|
|
|
|
|
Increase/(Decrease) in deferred tax assets |
|
|
(5,296,889 |
) |
|
|
3,797,425 |
|
|
|
(1,730,865 |
) |
(Increase)/Decrease in deferred tax liabilities |
|
|
5,296,889 |
|
|
|
(3,797,425 |
) |
|
|
1,730,865 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total deferred tax (benefit)/expense |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
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| Disclosure of Reconciliation of Income Tax Expense to Prima Facie Tax Payable |
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|
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|
|
|
|
|
|
| |
|
June 30, 2026
A$ |
|
|
June 30, 2025
A$ |
|
|
June 30, 2024
A$ |
|
Loss before income tax expense |
|
|
(79,304,563 |
) |
|
|
(61,434,165 |
) |
|
|
(42,716,625 |
) |
Tax at the Australian tax rate of 25% (2025 & 2024: 25%) |
|
|
(19,826,141 |
) |
|
|
(15,358,541 |
) |
|
|
(10,679,156 |
) |
Tax effect amounts which are not deductible/(taxable) in calculating taxable income: |
|
|
|
|
|
|
|
|
|
|
|
|
Non-deductible share-based payments |
|
|
397,444 |
|
|
|
290,886 |
|
|
|
449,072 |
|
Other non-deductible expenses |
|
|
972,162 |
|
|
|
518,807 |
|
|
|
31,997 |
|
Non-assessable income |
|
|
(823,871 |
) |
|
|
(1,252,948 |
) |
|
|
(930,697 |
) |
Deductible capital raising fee |
|
|
(572,938 |
) |
|
|
(675,897 |
) |
|
|
(834,683 |
) |
Adjustment of current tax for prior period |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Difference in overseas tax rates* |
|
|
10,439,687 |
|
|
|
9,520,599 |
|
|
|
6,542,761 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(9,413,657 |
) |
|
|
(6,957,094 |
) |
|
|
(5,420,706 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net adjustment to deferred tax assets and liabilities for tax losses and temporary differences not recognized |
|
|
9,413,657 |
|
|
|
6,957,094 |
|
|
|
5,420,706 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
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| Disclosure of Deferred Tax Assets Liability Adjustments |
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| Deferred tax assets for unused tax losses not recognized comprises: |
|
June 30, 2026
A$ |
|
|
June 30, 2025
A$ |
|
|
June 30, 2024
A$ |
|
Unused tax losses for which no deferred tax asset has been recognized |
|
|
422,913,779 |
|
|
|
399,133,050 |
|
|
|
310,330,626 |
|
Total deferred tax assets for tax losses not recognized |
|
|
62,835,821 |
|
|
|
61,624,110 |
|
|
|
58,586,607 |
|
|