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Revenue (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Summary of Revenue From Transfer of Goods And Services

The Company derives revenue from the transfer of goods and provision of services in the following major product lines and segments:

 

Year Ended December 31, 2024 (in U.S.$)

 

Graphite
Exploration

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

$

1,805,745

 

 

$

 

 

$

1,805,745

 

Consulting sales

 

 

 

 

 

4,048,679

 

 

 

 

 

 

4,048,679

 

Revenue from external customers

 

$

 

 

$

5,854,424

 

 

$

 

 

$

5,854,424

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

$

 

 

 

1,805,745

 

 

$

 

 

$

1,805,745

 

Over time

 

 

 

 

 

4,048,679

 

 

 

 

 

 

4,048,679

 

 

$

 

 

$

5,854,424

 

 

$

 

 

$

5,854,424

 

 

Year Ended December 31, 2023 (in U.S.$)

 

Graphite
Exploration

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

$

2,999,533

 

 

$

 

 

$

2,999,533

 

Consulting sales

 

 

 

 

 

5,054,995

 

 

 

 

 

 

5,054,995

 

Revenue from external customers

 

$

 

 

$

8,054,528

 

 

$

 

 

$

8,054,528

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

$

 

 

 

2,999,533

 

 

$

 

 

$

2,999,533

 

Over time

 

 

 

 

 

5,054,995

 

 

 

 

 

 

5,054,995

 

 

$

 

 

$

8,054,528

 

 

$

 

 

$

8,054,528

 

 

 Six Months Ended December 31, 2022 (in U.S.$)

 

Graphite
Exploration

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

$

403,860

 

 

$

 

 

$

403,860

 

Consulting sales

 

 

 

 

 

2,298,596

 

 

 

 

 

 

2,298,596

 

Revenue from external customers

 

$

 

 

$

2,702,456

 

 

$

 

 

$

2,702,456

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

$

 

 

$

403,680

 

 

$

 

 

$

403,680

 

Over time

 

 

 

 

 

2,298,596

 

 

 

 

 

 

2,298,596

 

 

 

$

 

 

$

2,702,276

 

 

$

 

 

$

2,702,276

 

 

Year Ended June 30, 2022 (in U.S.$)

 

Graphite
Exploration

 

 

Battery
Technology

 

 

Battery
Materials

 

 

Total

 

Hardware sales

 

$

 

 

$

2,549,308

 

 

$

 

 

$

2,549,308

 

Consulting sales

 

 

 

 

 

3,551,847

 

 

 

 

 

 

3,551,847

 

Revenue from external customers

 

$

 

 

$

6,101,155

 

 

$

 

 

$

6,101,155

 

Timing of revenue recognition

 

 

 

 

 

 

 

 

 

 

 

 

At a point in time

 

$

 

 

$

2,549,308

 

 

$

 

 

$

2,549,308

 

Over time

 

 

 

 

 

3,551,847

 

 

 

 

 

 

3,551,847

 

 

 

$

 

 

$

6,101,155

 

 

$

 

 

$

6,101,155

 

Summary of Assets and Liabilities Related to Contracts with Customers Recognised

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

 

 

 

At December 31,

 

 

At December 31,

 

(in U.S. Dollars)

 

2024

 

 

2023

 

Contract liabilities – Hardware sales

 

$

 

 

$

56,653

 

Contract liabilities – Services sales

 

 

126,056

 

 

 

228,568

 

Total other current liabilities

 

$

126,056

 

 

$

285,221

 

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
December 31,

 

 

Six Months Ended December 31,

 

 

Year Ended June 30,

 

(in U.S. Dollars)

 

2024

 

 

2023

 

 

2022

 

 

2022

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Hardware sales

 

$

285,221

 

 

$

71,985

 

 

$

2,715

 

 

$

232,800