Nyrada Inc - Annual Report 2023

NYRADA INC (ASX:NYR) 38 Consolidated statement of profit or loss and other comprehensive income For the year ended 30 June 2023 2023 2022 Note $ $ Revenue Other income 5 148,817 59,241 R&D grant revenue 6 1,429,905 1,048,333 Total revenue 1,578,722 1,107,574 Expenses Employee benefits expense - share based payments (541,214) (966,951) Professional services expenses (409,523) (338,841) Employee benefits expense (1,100,136) (1,000,030) Depreciation and amortisation expense (6,534) (4,734) Research and development costs (6,411,264) (1,835,072) Other expenses (250,626) (220,568) Finance costs - (1,386) Corporate and administration expenses (641,117) (699,653) Total expenses (9,360,414) (5,067,235) Loss before income tax expense (7,781,692) (3,959,661) Income tax expense - - Loss after income tax expense for the year attributable to the owners of Nyrada Inc. (7,781,692) (3,959,661) Other comprehensive income for the year, net of tax - - Total comprehensive income for the year attributable to the owners of Nyrada Inc. (7,781,692) (3,959,661) $ $ Basic loss per share 18 (0.05) (0.03) Diluted loss per share 18 (0.05) (0.03) The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.

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