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Consolidated Cash Flow Statements - AUD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities      
Payments to suppliers and employees $ (19,943,617) $ (16,875,144) $ (17,720,622)
Interest received 15,798 2,755 20,491
R&D tax refund 4,126,364
Interest paid (4,565) (2,285) (1,299)
Other grant received 454,120 213,235
COVID-19 government relief 158,126
Income tax paid (103,453) (43,084)
Net cash flows used in operating activities (20,035,837) (12,337,274) (17,330,069)
Cash Flows from Investing Activities      
Payments for rental security deposits (29,150)
Payments for purchase of plant and equipment (7,311) (89,147) (10,472)
Net cash flows used in investing activities (36,461) (89,147) (10,472)
Cash Flows from Financing Activities      
Proceeds from issue of securities and other equity securities 316,675 17,176,040 39,236,886
Payment of share issue costs (132,413) (836,969) (2,492,650)
Principal elements of lease payments (59,922) (34,513) (58,289)
Net cash flows generated from financing activities 124,340 16,304,558 36,685,947
Net (decrease)/increase in cash and cash equivalents (19,947,958) 3,878,137 19,345,406
Opening cash and cash equivalents brought forward 34,806,799 28,115,516 9,196,892
Exchange rate adjustments on cash and cash equivalents held in foreign currencies 914,942 2,813,146 (426,782)
Closing cash and cash equivalents carried forward $ 15,773,783 $ 34,806,799 $ 28,115,516