Company: ATHE
Filing Date: 2025-08-29
Form Type: 20-F
Source: 0001213900-25-082027
Chunk: 72

Company: ALTERITY THERAPEUTICS LTD
Filing Date: 2025-08-29
Form: 20-F
Item: Item 5
Chunk 72
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,722 and A$36,461 during the years ended June 30, 2025, 2024 and 2023, respectively. Cash flows used for investing activities was primarily attributable to payments for term deposit in the year ended June 30, 2025 and purchase of property and equipment for the years ended June 30, 2024 and 2023.

Net cash generated from financing activities was A$39,669,380, A$9,216,292 and A$124,340 for the years ended June 30, 2025, 2024 and 2023. Cash generated from financing activities in the year ended June 30, 2025, 2024 and 2023 related to proceeds from the issuance of shares amounting to A$42,570,645, A$10,144,682 and A$316,675 respectively.

An unrealized foreign exchange loss of A$198,375 was incurred for the year ended June 30, 2025, an unrealized foreign exchange gain of A$260,356 was incurred for the year ended June 30, 2024 and an unrealized foreign exchange gain of A$914,942 was incurred for the year ended June 30, 2023.

c.   Research and Development, Patents and Licenses
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In recent years, we have continued our practice of building valuable research collaborations with institutes based in Australia, the United States and other countries to enable us to investigate a variety of therapeutic indications including Alzheimer’s disease, Huntington disease, Parkinsonian movement disorders and selected cancers. These collaborative arrangements ensure that we work with well-respected laboratories with specific expertise in screening and animal modelling of relevance to the particular indication, without incurring ongoing administrative and personnel costs. We maintain in-house patent counsel and research and development project expertise to coordinate these research collaborations.

Our research and development expenses consist primarily of expenses for contracted research and development activities conducted by third parties on our behalf, including personnel, testing facilities and other payments in accordance with our research and clinical agreements. Research and development expenses also include costs associated with the acquisition and development of patents. Due to the numerous variables and the uncertain nature of the development of a clinical compound, including obtaining regulatory approvals, we are not able to reasonably estimate the nature, timing and costs of the future expenditures necessary to complete our research and development projects, the anticipated completion dates of each project and when material net cash flows from our research and development programs will commence.

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When