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Income Tax Benefit - Reconciliation of income tax benefit (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Income taxes paid (refund) [abstract]      
Net loss before income tax $ (293,445) $ (15,595) $ (6,811)
Income tax benefit calculated at 30% (25% - 2022 & 2023) (88,030) (3,899) (1,703)
Add: Commercial debt forgiveness gain 4,615 0 0
Less: Use of previously unrecognised tax now recouped to reduce current tax expense (3,877) 0 0
Less: Use of Blackhole expenditure reserve to reduce current tax expense (738) 0 0
Add: Non-deductible expenses 82,134 1,401 60
Add: Tax losses not recognised 5,240 1,907 781
Add: Accounting expenditure subject to R&D 655 374 432
Less: R&D tax recovery 0 (163) (188)
Income tax benefit $ 0 $ (378) $ (618)
Applicable tax rate 30.00% 25.00% 25.00%