ANNUAL REPORT FY2025 41 Consolidated statement of cash flows For the year ended 30 June 2025 2025 2024 Note $ $ Cash flows from operating activities Payments to suppliers and employees (inclusive of GST) (6,474,411) (4,459,126) R & D tax incentive received 1,235,480 3,541,732 Interest received 186,984 136,099 Cash receipts from other government grants 5 - 15,000 Net cash used in operating activities (5,051,947) (766,295) Net cash from investing activities - - Cash flows from financing activities Proceeds from issue of Common Stock 3,445,466 1,965,000 Transaction costs relating to issue of Common Stock (253,944) (138,573) Payments for redemption of performance shares (2) - Net cash from financing activities 3,191,520 1,826,427 Net increase/(decrease) in cash and cash equivalents (1,860,427) 1,060,132 Cash and cash equivalents at the beginning of the financial year 4,769,374 3,708,761 Effects of exchange rate changes on cash and cash equivalents 21,654 481 Cash and cash equivalents at the end of the financial year 2,930,601 4,769,374 The above consolidated statement of cash flows should be read in conjunction with the accompanying notes.
RkJQdWJsaXNoZXIy MjE2NDg3