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R&D Tax Incentive Receivable
3 Months Ended
Sep. 30, 2024
R&D Tax Incentive Receivable [Abstract]  
R&D tax incentive receivable

Note 4 – R&D tax incentive receivable

 

   September 30,
2024
$
   June 30,
2024
$
 
   (in thousands) 
R&D tax incentive receivable   11,093    9,837 

 

Due to multiple years of tax incentives being granted and successful lodgment of overseas findings on the Company’s lead assets, the Company changed its estimates for the R&D tax incentive receivable, primarily based on historical experience of claims.