Company: COOT
Filing Date: 2025-03-31
Form Type: 10-Q
Source: 0001641172-25-001552
Chunk: 15

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-31
Form: 10-Q
Item: Item 2
Chunk 15
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 service
offerings, and the cost of any future acquisitions of technology or businesses. In the event that additional financing is required from
outside sources, we may be unable to raise the funds on acceptable terms, if at all.

Material
Accounting Policies and Estimates

Our
management’s discussion and analysis of financial condition and results of operations is based on our consolidated financial statements
which have been prepared in accordance with International Accounting Standards. In preparing our financial statements, we make estimates,
assumptions, and judgments that can have a significant impact on our reported revenue, results of operations, and net income or loss,
as well as on the value of certain assets and liabilities on our balance sheet during and as of the reporting periods. These estimates,
assumptions, and judgments are necessary because future events and their effects on our results and the value of our assets cannot be
determined with certainty and are based on our historical experience and on other assumptions that we believe to be reasonable under
the circumstances. These estimates may change as new events occur or additional information is obtained, and we may periodically be faced
with uncertainties, the outcomes of which are not within our control and may not be known for a prolonged period of time. Because the
use of estimates is inherent in the financial reporting process, actual results could differ from those estimates.

30

We
believe that the assumptions and estimates associated with the following material accounting policies involve significant judgment and
thus have the most significant potential impact on our Consolidated Financial Statements.

Revenue
Recognition

We
generate revenue from the sale of products and services. There has been no change in our revenue recognition policies is included in
the Form 10-K for the financial year ended 30 June 2024.

Although
most of our sales agreements contain standard terms and conditions, certain agreements contain multiple performance obligations or non-standard
terms and conditions. For customer contracts that contain more than one performance obligation, we allocate the total transaction consideration
to each performance obligation based on the relative stand-alone selling price of each performance obligation within the contract. We
rely on either observable standalone sales or an expected cost plus a margin approach to determine the standalone selling price of offerings,
depending on the nature of the performance obligation.

For
contracts with customers entered into during the three months ended 31 December 2024 and 2023, revenue from the sales of our products
increased by AUD$0.4 million or 4.5% to AUD$10.4 million for the three months ended on