Reserves (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of reserves within equity [abstract]

Summary of Reserves

	December 31,			December 31,
(in U.S. dollars)	2024			2023
Share-based payment reserve	$	45,642,323		$	42,462,654
Foreign currency translation reserve		(20,442,256	)		(16,626,921	)
Convertible loan note reserve		4,523,095			4,523,095
	$	29,723,162		$	30,358,828

Share-based Payment Reserve

	December 31,			December 31,
(in U.S. dollars)	2024			2023
Share-based payment reserve	$	45,642,323		$	42,462,654
Movements:
Opening balance		42,462,654			37,161,498
Performance rights cash settled in current period (See Note 28 – Share-based Payments)		(603,932	)		(296,432	)
Cashless exercise of options		(1,605,677	)		—
Equity settled share-based payments		5,523,560			5,621,960
Exchange differences		(134,282	)		(24,372	)
Closing balance	$	45,642,323		$	42,462,654

The share-based payment reserve includes items recognized as expenses on valuation of director, employee and contractor options and performance rights.

Foreign Currency Translation Reserve

	December 31,			December 31,
(in U.S. dollars)	2024			2023
Foreign currency translation reserve	$	(20,442,256	)	$	(16,626,918	)
Movements:
Opening balance		(16,626,918	)		(15,136,944	)
Exchange differences on translation of foreign operations		(3,813,897	)		(1,489,974	)
Closing balance	$	(20,440,815	)	$	(16,626,918	)

The foreign currency translation reserve includes exchange differences arising on translation of a foreign-controlled subsidiary.