Company: COOT
Filing Date: 2025-05-30
Form Type: 10-Q
Source: 0001641172-25-013065
Chunk: 32

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-05-30
Form: 10-Q
Item: Item 8
Chunk 32
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 summarizes the promissory notes – related party as of 31 March 2025 and 30 June 2024:

 Schedule
of Promissory Notes Related Party

    Unaudited 31
                                            March 2025  
    30
    June 2024 

    AUD$  
    AUD$ 

    Current  
    Non-Current  
    Total  
    Current  
    Non-Current  
    Total 

    Promissory
    notes – related party 
     1,040,641  
     273,676  
     1,314,317  
     968,216  
     273,676  
     1,241,892 

22.
Fair value measurement

A
fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits
by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest
and best use.

The
Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair
value, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.

In
addition, for financial reporting purposes, fair value measurements are categorised into Level 1, 2 or 3 based on the degree to which
the inputs to the fair value measurement are observable and the significance of the inputs to the fair value measurement in its entirety,
which are described as follows:

    ●
    Level
    1: quoted market price (unadjusted) in an active market for identical assets or liabilities that the entity can access at the measurement
    date.

    ●
    Level
    2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability; either directly or indirectly.

    ●
    Level
    3: inputs that are unobservable inputs for the asset or liability.

    22

The
carrying amounts of the financial assets and financial liabilities approximate their fair values.

The
fair values of cash and cash equivalents, prepaid assets, accounts payable and accrued expenses are estimated to approximate the carrying
values as of 31 March 2025 and 30 June 2024, due to the short maturities of such instruments.

The
following table presents information about the Company’s liabilities that are measured at fair value on a