Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 392

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 7
Chunk 392
---
.32  
     - 
  
    02/14/2025 
     21,000,000  
     0.005  
     9.38  
     21,000,000 
  
    07/16/2025 
     622,500,000  
     0.005  
     9.80  
     622,500,000 
  
    08/23/2025 
     5,000,000  
     0.005  
     9.80  
     5,000,000 
  
    09/24/2025 
     2,000,000  
     0.005  
     9.99  
     2,000,000 

     3,888,393,999  
    $0.003  
     7.39  
     3,356,393,999 

During
the year ended September 30, 2025, on September 24, 2025, the Company issued 2,000,000 warrants to purchase common shares at a price
of $0.005 per share for a period of 10 years from the date of issue to its consultants. The following assumptions were used for the Black-Scholes
valuation of these warrants on grant date as follows: risk-free rate of 4.16%, expected life of 10 years, annualized historical volatility
of 114.23% and a dividend rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other
factors. The weighted-average fair value per warrant is $0.013. During the year ended September 30, 2025, share-based compensation of
$26,498 (2024 - $nil) was recorded within the additional paid-in capital account, which was included as “Professional fees and
services” in the consolidated statements of loss and comprehensive loss.

    28

VOIP-PAL.COM INC.

Notes to the Consolidated Financial Statements

(Expressed in United States Dollars)

September 30, 2025

NOTE 11. STOCK-BASED COMPENSATION (CONT’D) 

During
the year ended September 30, 2025, on August 23, 2025, the Company issued 5,000,000 warrants to purchase common shares at a