Ann: Annual Report to shareholders, page-2

"Based on the above, the directors have reasonable grounds to expect settlement of the Georgia Property will occur in December 2024 or in January2025. As noted in the ‘iBorrow Financing Facility’ section below, all the proceeds from the sale of the Georgia Property are required to be allocated to repayment of the iBorrow financing facility of USD$5,800,000 ($8,684,699 as at 30 June 2024) which is due for settlement in full on 7 February2025."

Based on the lack of sales and the ongoing interest payments for loans, are they insolvent at the moment?

I cant see them coming out of suspension anytime soon if they are.