Nyrada Inc - Annual Report 2021

Annual Report FY21 37 Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2021 2021 2020 Notes $ $ Revenue Other income 5 53,989 50,000 R&D grant revenue 6 2,286,022 1,075,414 Total revenue 2,340,011 1,125,414 Expenses Employee benefits expense – share-based payments (1,111,622) (2,204,324) Professional services expenses (509,842) (1,005,316) Travelling expenses - (13,361) Employee benefits expense (929,931) (1,342,993) Depreciation and amortisation expense (1,811) (1,484) Research and development costs (2,175,050) (1,399,999) Other expenses (249,564) (219,387) Finance costs (5,605) (140,355) Corporate and administration expenses (895,839) (571,862) Total expenses (5,879,264) (6,899,081) Loss before income tax expense (3,539,253) (5,773,667) Income tax expense 12 - - Loss after income tax expense for the year attributable to the owners of Nyrada Inc. (3,539,253) (5,773,667) Other comprehensive income for the year, net of tax - - Total comprehensive income for the year attributable to the owners of Nyrada Inc. (3,539,253) (5,773,667) $ $ Basic loss per share: 18 (0.03) (0.09) Diluted loss per share: 18 (0.03) (0.09) The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.