Nyrada Inc - Annual Report 2023

NYRADA INC (ASX:NYR) 48 5. Other income 2023 2022 $ $ Interest received 148,817 13,830 Grant income - 45,411 Other income 148,817 59,241 6. R&D grant revenue 2023 2022 $ $ R&D grant revenue 1,429,905 1,048,333 In FY22 the Company received a R&D tax incentive refund greater than the amount accrued by $120,498. The estimated FY2023 R&D tax incentive refund is $1,309,407. 7. Trade, other receivables and prepayments 2023 2022 $ $ Current assets R&D Tax Incentive Receivable 1,309,407 1,048,333 Prepayments 81,070 82,486 Other receivables 27,388 22,906 1,417,865 1,153,725 8. Trade and other payables 2023 2022 $ $ Current liabilities Trade payables 505,727 65,420 Accrued expenses 183,604 295,027 Other payables 31,171 22,508 720,502 382,955

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