Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 69

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 5
Chunk 69
---
 certain assumptions. Those assumptions are described in the share-based payments note and include, among others, the dividend
growth rate, expected share price volatility and expected life of the options. The fair value of the equity settled options granted is
charged to statement of comprehensive income over the vesting period of each tranche and the credit is taken to equity, based on our estimate
of shares that will eventually vest.

Governmental liabilities on grants received

The Company measures the value
of its governmental liabilities on grants received, each period, based on discounted cash flows derived from the Company’s future anticipated
revenues.

Lease term

The lease term is a significant
component in the measurement of both the right-of-use asset and lease liability. Judgement is exercised in determining whether there is
reasonable certainty that an option to extend the lease or purchase the underlying asset will be exercised, or an option to terminate
the lease will not be exercised, when ascertaining the periods to be included in the lease term. In determining the lease term, all facts
and circumstances that create an economical incentive to exercise an extension option, or not to exercise a termination option, are considered
at the lease commencement date. Factors considered may include the importance of the asset to the Company’s operations; comparison
of terms and conditions to prevailing market rates; incurrence of significant penalties; existence of significant leasehold improvements;
and the costs and disruption to replace the asset. The Company reassesses whether it is reasonably certain to exercise an extension option,
or not exercise a termination option, if there is a significant event or significant change in circumstances.

Financial Liability

The Company measures the value
of the investors warrants and representative warrants, or Warrants, issued under our August 2022 initial public offering. The fair value
of the Warrants is estimated by using the Hull-White option pricing model (trinomial Lattice model), on the date of the issuance or grant
and remeasured at end of each reporting period (December 31, 2024 and 2023) using certain assumptions. These assumptions include, among
others, the dividend growth rate, expected share price, volatility and expected life of the warrants, early exercise / exercise multiple,
capital structure effects and trinomial steps.

ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES