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Revenue (Tables)
12 Months Ended
Jun. 30, 2022
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Abstract]  
Summary of Revenue From Transfer of Goods And Services

The group derives revenue from the transfer of goods and services over time and at a point in time in the following major product lines and segments :

 

 

 

Segments

 

 

 

 

Year Ended June 30, 2022

 

Graphite
Mining and
exploration

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

$

3,517,271

 

 

$

 

 

$

3,517,271

 

Consulting sales

 

 

 

 

 

4,900,492

 

 

 

 

 

 

4,900,492

 

Revenue from external customers

 

$

 

 

$

8,417,763

 

 

$

 

 

$

8,417,763

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

 

 

 

 

3,517,271

 

 

 

 

 

 

3,517,271

 

Over time

 

 

 

 

 

4,900,492

 

 

 

 

 

 

4,900,492

 

 

 

$

 

 

$

8,417,763

 

 

$

 

 

$

8,417,763

 

 

Year Ended June 30, 2021

 

Segments

 

 

 

 

 

 

Graphite
Mining and
exploration

 

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

 

$

1,405,086

 

 

$

 

 

$

1,405,086

 

Consulting sales

 

 

 

 

 

 

3,822,261

 

 

 

 

 

 

3,822,261

 

Revenue from external customers

 

$

 

$

 

$

5,227,347

 

 

$

 

 

$

5,227,347

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

 

 

 

 

 

1,405,086

 

 

 

 

 

 

1,405,086

 

Over time

 

 

 

 

 

 

3,822,261

 

 

 

 

 

 

3,822,261

 

 

 

$

 

 

 

$

5,227,347

 

 

$

 

 

$

5,227,347

 

 

Year Ended June 30, 2020

 

Segments

 

 

 

 

 

 

Graphite
Mining and
exploration

 

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

 

$

2,113,416

 

 

$

 

 

$

2,113,416

 

Consulting sales

 

 

 

 

 

 

2,140,019

 

 

 

 

 

 

2,140,019

 

Revenue from external customers

 

$

 

$

 

$

4,253,435

 

 

$

 

 

$

4,253,435

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

 

 

 

 

 

2,113,416

 

 

 

 

 

 

2,113,416

 

Over time

 

 

 

 

 

 

2,140,019

 

 

 

 

 

 

2,140,019

 

 

 

$

 

 

 

$

4,253,435

 

 

$

 

 

$

4,253,435

 

Summary of Assets and Liabilities Related to Contracts with Customers Recognised

The Group has recognized the following assets and liabilities related to contracts with customers:

 

 

 

At June 30,

 

 

 

2022

 

 

2021

 

Contract liabilities – Hardward sales

 

$

3,938

 

 

$

310,102

 

Total other current liabilities

 

$

3,938

 

 

$

310,102

 

Summary of Revenue Recognised in Current Reporting Period Relates to Brought-Forward Contract Liabilities

The following table shows how much of the revenue recognized in the current reporting period relates to brought-forward contract liabilities.

 

 

 

Year Ended June 30,

 

 

 

2022

 

 

2021

 

 

2020

 

Revenue recognized that was included in the contract
liability balance at the beginning of the period

 

 

 

 

 

 

 

 

 

Hardware sales

 

$

310,102

 

 

$

98,783

 

 

$

580,845