Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2023

Cash Flow Information [Abstract]

Disclosure of Reconciliation of Net Profit Loss to Net Cash Outflow from Operating Activities

Reconciliation of net profit / (loss) to net cash outflow from operating activities:

	Twelve Months Ended December 31,			Six Months Ended December 31,			Twelve Months Ended June 30,
	2023			2022			2022			2021
(in U.S. dollars)
Net loss	$	(46,248,261	)	$	(27,864,014	)	$	(51,860,307	)	$	(13,444,393	)
Adjustments for
Share-based compensation		5,620,643			5,357,063			14,680,945			4,467,986
Borrowing costs		983,833			44,960			46,603			566
Fixed assets written off		—			—			—			2,002,399
Loss on sale of fixed assets		—			33,485			—			5,048
Software written off		—			96,596			—			—
Fair value movement in derivative (gain) / loss		(1,512,859	)		—			—			—
Loss on equity investment securities at fair value through profit or loss		—			—			7,937,633			—
Foreign exchange (gain) / loss		(137,781	)		(1,368,856	)		(5,144,766	)		79,543
Non-cash termination settlement		—			—			—			219,178
Depreciation and amortization expense		4,739,719			2,572,018			4,214,620			1,264,622
Government incentives		—			—			(219,557	)		(36,706	)
Change in operating assets and liabilities:
(Increase) in other trade receivables		(567,851	)		232,354			(991,503	)		(1,620,204	)
Decrease /(increase) in inventories		1,202,967			(1,383,644	)		166,178			—
Decrease/(increase) in other operating assets		629,315			2,432,642			(3,543,910	)		—
(Increase)/decrease in deferred tax assets		(200,992	)		—			—			—
(Decrease)/Increase in trade creditors		(1,368,063	)		1,340,692			(90,690	)		—
Increase/(decrease) in income taxes payable		107,458			—			—			—
Decrease/(increase) in other operating liabilities		523,449			(359,867	)		5,575,399			974,760
Net cash outflow from operating activities	$	(36,228,423	)	$	(18,866,571	)	$	(29,229,355	)	$	(6,087,201	)

Summary of Analysis of Net Debt and Movements in Net Debt

This section sets out an analysis of net debt and the movements in net debt for each period presented.

	December 31,			December 31,
	2023			2022
(in U.S. dollars)
Cash and cash equivalents	$	78,713,885		$	99,039,172
Lease liability - repayable within one year		(345,933	)		(353,378	)
Borrowings – repayable within one year (including overdraft)		(1,341,689	)		(1,085,314	)
Lease liability - repayable after one year		(4,479,627	)		(4,825,560	)
Borrowings – repayable after one year		(63,220,501	)		(35,077,588	)
Net cash (debt)	$	9,326,135		$	57,697,332
Cash and cash equivalents		78,713,885			99,039,172
Gross debt – fixed interest rates		(35,176,279	)		(6,303,869	)
Gross debt – variable interest rates		(34,211,471	)		(35,037,971	)
Net cash (debt)	$	9,326,135		$	57,697,332

Summary of Reconciliation of Liabilities Arising from Financing Activities

				Liabilities from financing activities
(in U.S. dollars)	Cash			Borrowings due within 1 year			Borrowings due after 1 year			Total
Net cash as of July 1, 2022	$	142,737,362		$	(1,353,688	)	$	(40,955,318	)	$	100,428,356
Cashflows		(45,587,951	)		655,178			—			(44,932,773	)
Other non-cash movements		1,889,761			(740,182	)		1,052,170			2,201,749
Net cash as of December 31, 2022		99,039,172			(1,438,692	)		(39,903,148	)		57,697,332
Cashflows		(18,653,649	)		1,428,959			(30,752,830	)		(47,977,520	)
Other non-cash movements		(1,671,638	)		(1,677,889	)		2,955,850			(393,677	)
Net cash as of December 31, 2023	$	78,713,885		$	(1,687,622	)	$	(67,700,128	)	$	9,326,135