Analyst	Recommendation	Action	Price target	Projected	Date
Thomas Flaten Lake Street	Buy	Maintained	$10.00	+309.8%	10/05/2026
Adam Vogel Craig-Hallum	Buy	Reiterated	$15.00	+514.8%	10/05/2026
Debanjana Chatterjee JonesTrading	Buy	Maintained	$16.00	+555.7%	08/28/2026
Caroline Palomeque Ladenburg Thalmann & Co.	Buy	Initiated	$10.00	+309.8%	06/16/2026
Unknown Analyst Ladenburg Thalmann & Co.	Buy	Initiated	$10.00	+309.8%	06/16/2026
Jason McCarthy Maxim Group	Buy	Reiterated	$12.00	+391.8%	06/10/2026

All values in AUD	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1.40M	1.40M	403.29K	403.29K
Cost of goods sold	49.43K	49.43K	81.96K	81.96K
Cost of revenue	49.43K	49.43K	81.96K	81.96K
Research and development expenses	3.92M	3.92M	4.89M	4.89M
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	2.56M	2.56M	2.71M	2.71M
Operating expense	6.57M	6.57M	7.65M	7.65M
Total operating expenses	6.62M	6.62M	7.73M	7.73M
Operating income	-5.22M	-5.22M	-7.32M	-7.32M
Other non operating income	-	-	-	-
EBT including unusual items	-4.78M	-4.78M	-6.87M	-6.87M
EBT excluding unusual items	-4.78M	-4.78M	-6.87M	-6.87M
Income tax expense	30.78K	30.78K	25.97K	25.97K
Effective tax rate	-0.64%	-0.64%	-0.38%	-0.38%
Other operating expenses	95.67K	95.67K	46.26K	46.26K
Net income	-4.81M	-4.81M	-6.89M	-6.89M
Net profit margin	-343.00%	-343.00%	-1,709.06%	-1,709.06%
Earnings per share	-	-	-	-
Interest and investment income	454.88K	454.88K	403.45K	403.45K
Interest expense	-	-	-	-
Net interest expenses	454.88K	454.88K	403.45K	403.45K
Depreciation and amortization charges	-	-	-	-
EBITDA	-5.22M	-5.22M	-7.32M	-7.32M
Gain or loss from assets sale	-	-	-	-

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