Company: ATHE
Filing Date: 2025-08-29
Form Type: 20-F
Source: 0001213900-25-082027
Chunk: 152

Company: ALTERITY THERAPEUTICS LTD
Filing Date: 2025-08-29
Form: 20-F
Item: Item 18
Chunk 152
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 are based on an index or a rate
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●   amounts expected to be payable by the lessee under residual value guarantees
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●   the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and
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●   payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.
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F-30

ALTERITY THERAPEUTICS LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – in Australian dollars (unless otherwise noted)

13. LEASES (continued)

The lease payments are discounted using the interest rate implicit in the lease, if that rate can be determined, or the Group’s incremental borrowing rate applied at the commencement date.   Right-of-use assets are measured at cost comprising the following:   
●   the amount of the initial measurement of lease liability
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●   any lease payments made at or before the commencement date, less any lease incentives received
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●   any initial direct costs, and
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●   restoration costs.
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   Payments associated with short-term leases and leases of low-value assets are recognised on a straight-line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 months or less.

14. CASH FLOW INFORMATION
   
                                                                                                      Years Ended June 30,                               
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                                                                       2025                        2024                         2023                     
(a) Reconciliation of Net Loss to Net Cash Flows Used In Operations                                                                                      
Net loss                                                                        (12,147,828   )              (19,123,464   )              (13,806,515   )
Non-cash items                                                                                                                                           
Depreciation of property and equipment                                               28,307                       35,344                       37,854    
Depreciation on leased assets                                                       111,408                      112,185                       64,409    
Others                                                                              450,056                            -                            -    
Share-based payment expenses                                                        979,920                      881,950                      966,571    
Foreign exchange loss/(gain)                                                       (259,433   )                 (261,152   )                 (917,650   )
Fixed asset write off                                                                     -                            -                       10,232    
Changes in assets and liabilities                                                                                                                        
Decrease/(increase) in trade and other receivables                                  104,068                    4,624,029                   (3,940,343   )
Decre