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Loss before Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Loss For Year [Abstract]  
Loss Before Income Taxes

Loss before income taxes includes the following specific expenses:

 

 

 

Year Ended
December 31,

 

 

Six Months Ended
December 31,

 

 

Year Ended
 June 30,

 

(in U.S. dollars)

 

2024

 

 

2023

 

 

2022

 

 

2022

 

Share-based payments expense^

 

 

 

 

 

 

 

 

 

 

 

 

Performance rights granted

 

$

5,591,417

 

 

$

5,094,244

 

 

$

4,857,249

 

 

$

11,307,550

 

Share rights granted

 

 

444,613

 

 

 

399,982

 

 

 

444,480

 

 

 

2,260,399

 

Options granted

 

 

(512,470

)

 

 

127,734

 

 

 

52,700

 

 

 

962,800

 

Total share-based compensation expense

 

$

5,523,560

 

 

$

5,621,960

 

 

$

5,354,429

 

 

$

14,530,749

 

^ Refer to note 28 for further information regarding share-based payments.

 

 

 

 

 

 

 

 

 

 

 

 

Borrowing costs

 

 

 

 

 

 

 

 

 

 

 

 

Interest accrued on loan notes

 

$

1,776,230

 

 

$

980,852

 

 

$

 

 

$

 

Unwinding of fair value gain

 

 

25,510

 

 

 

18,553

 

 

 

25,945

 

 

 

43,979

 

Interest accrued on borrowings

 

 

1,765,258

 

 

 

1,864,697

 

 

 

917,476

 

 

 

1,468,569

 

Total borrowing costs

 

$

3,566,998

 

 

$

2,864,102

 

 

$

943,421

 

 

$

1,512,548

 

 

Schedule of Administrative and Other Expenses

(in U.S. dollars)

 

Year Ended December 31,

 

 

Six Months Ended December 31,

 

 

Year Ended June 30,

 

Administrative and other expenses

 

2024

 

 

2023

 

 

2022

 

 

2022

 

Insurance

 

$

4,125,899

 

 

$

6,750,308

 

 

$

4,019,027

 

 

$

3,842,129

 

Legal fees

 

 

2,735,055

 

 

 

1,730,766

 

 

 

895,138

 

 

 

1,426,081

 

Occupancy expenses

 

 

2,470,502

 

 

 

418,206

 

 

 

628,816

 

 

 

1,729,282

 

Consulting fees

 

 

4,298,968

 

 

 

3,672,513

 

 

 

751,047

 

 

 

1,080,601

 

Software implementation and systems-related expenses

 

 

1,214,833

 

 

 

1,758,962

 

 

 

1,034,420

 

 

 

 

Other

 

 

5,074,035

 

 

 

4,533,142

 

 

 

4,153,199

 

 

 

4,513,616

 

Total administrative and other expenses

 

$

19,919,292

 

 

$

18,863,896

 

 

$

11,481,647

 

 

$

12,591,709