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Consolidated Condensed Statements of Cash Flows (Unaudited) - AUD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net Loss $ (6,624,474) $ (4,306,752)
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:    
Depreciation and amortization 1,842,693 871,342
Share based payments expense/(income) 173,232 (422,434)
(Gain)/loss on fixed assets disposal (45) 9,386
Unrealized foreign exchange gains (42,182) (2,825,545)
Change in assets and liabilities:    
Inventory (955,446) (144,414)
Accounts receivable (56,463) 49,244,598
Prepayment and other assets (1,893,250) (1,297,373)
Income tax payable 0 (4,352,564)
Deferred revenue (925,886) (5,820,320)
Employee entitlements 6,281 (374,550)
Accounts payable and accrued expenses (147,465) (461,530)
Net cash provided by/(used in) operating activities (8,623,005) 30,119,844
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 45 16,496
Purchases of property, plant and equipment (258,413) (94,769)
Acquisition of assets 0 (10,169,456)
Net cash used in investing activities (258,368) (10,247,729)
Cash flows from financing activities:    
Proceeds from borrowings 43,644 0
Proceeds from stock options exercised 0 3,400
Net cash provided by financing activities 43,644 3,400
Net increase/(decrease) in cash, cash equivalents and restricted cash (8,837,729) 19,875,515
Cash, cash equivalents and restricted cash at beginning of period 37,192,907 12,133,378
Effect of exchange rate fluctuations on the balances of cash held in foreign currencies 39,282 2,813,629
Cash, cash equivalents and restricted cash at end of period $ 28,394,460 $ 34,822,522