Right-of-use assets

12 Months Ended

Jun. 30, 2023

Right-of-use assets [Abstract]

Right-of-use assets

Note 15.  Right-of-use assets

	Consolidated
	30 June 2023			30 June 2022
	US$’000			US$’000
Non-current assets
Land and buildings - right-of-use asset		1,649			1,309
Less: Accumulated depreciation		(275	)		(56	)
		1,374			1,253

Reconciliations

Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below:

	Prepaid hosting fees			Land and buildings			Total
Consolidated	US$’000			US$’000			US$’000
Balance at 1 July 2021		361			1,043			1,404
Additions		-			298			298
Disposals		(185	)		-			(185	)
Exchange differences		-			(38	)		(38	)
Impairment of assets		(167	)		-			(167	)
Depreciation (note 6)		(9	)		(50	)		(59	)
Balance at 30 June 2022		-			1,253			1,253
Additions		-			373			373
Exchange differences		-			(32	)		(32	)
Depreciation (note 6)		-			(220	)		(220	)
Balance at 30 June 2023		-			1,374			1,374

The land and buildings right-of-use asset represents a 30-year lease of a site in Prince George, B.C., Canada, a 3-year lease of a corporate office in Sydney, Australia and a 5-year corporate office lease in Vancouver, B.C., Canada.