Review of Operations Directors’ Report Chairman’s Letter CEO’s Report Financial Report Shareholder Information 8 TRADE AND OTHER RECEIVABLES For the year ended 30 June 2026 $ For the year ended 30 June 2025 $ Trade receivables 41,328 164,437 Allowance for expected credit losses – – 41,328 164,437 R&D Tax Incentive refund 1,782,316 1,267,738 Other receivables 199,238 146,606 2,022,882 1,578,781 CREDIT RISK All receivables are current and not considered at risk of non-collection. 9 BUILDING IMPROVEMENTS, PLANT AND EQUIPMENT As at 30 June 2026 $ As at 30 June 2025 $ Building improvements – at cost 191,247 191,247 Accumulated depreciation (191,247) (158,078) – 33,169 Office furniture and equipment – at cost 179,652 159,640 Accumulated depreciation (126,934) (101,768) 52,718 57,873 Research equipment – at cost 1,552,776 1,317,312 Accumulated depreciation (631,439) (454,746) 921,337 862,565 974,055 953,607 MOVEMENT IN CARRYING AMOUNTS Building Improvements $ Office Equipment $ Research Equipment $ Total $ Balance at the beginning of the year 33,169 57,873 862,565 953,607 Additions* – 20,452 261,381 281,833 Depreciation (33,169) (25,607) (188,837) (247,613) Effect of FX translation – – (13,772) (13,772) Balance at the end of the year – 52,718 921,337 974,055 * $113,499 of current year Research Equipment additions were funded via an equipment loan. 47 Annual Report 2026
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