Annual Report 2022 47 Note 24. Reconciliation of loss after income tax to net cash used in operating activities Consolidated 2022 2021 $ $ Loss after income tax expense for the year (18,666,810) (9,346,749) Adjustments for: Depreciation and amortisation 261,513 261,723 Share of loss - associates - 1,040,874 Share-based payments 803,511 1,723,797 Foreign exchange differences 27,315 3,697 Fair value loss/(gain) on investment in Nyrada Inc. 8,857,384 (8,774,212) Fair value movement of derivative liability - 477,524 Non-cash finance costs 41,481 2,178,222 Accrued interest 13,236 (17,008) Change in operating assets and liabilities: Decrease/(increase) in trade and other receivables 176,664 (1,139,774) Decrease/(increase) in inventory (834,982) 207,720 Increase/(decrease) in trade and other payables (4,334,449) 4,343,318 Increase/(decrease) in employee entitlements (78,390) 190,427 Net cash used in operating activities (13,733,527) (8,850,441)
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