Company: VPLM
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006777
Chunk: 20

Company: Voip-pal.com Inc
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 factors. The weighted-average fair value per warrant is $0.006. During the three-month period ended December 31, 2024,
share-based compensation expenses of $5,642 (2023 - $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.

During
the three-month period ended December 31, 2024, on November 13, 2024, the Company issued 5,000,000 warrants to purchase common shares
at a price of $0.005 per share for a period of 5 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 3.12%, expected life of 5 years, annualized
historical volatility of 120.79% 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 $0.007. During the three-month period ended December 31, 2024,
share-based compensation expenses of $32,558 (2023 - $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.

During
the three-month period ended December 31, 2024, on October 29, 2024, the Company issued 3,000,000 warrants to purchase common shares
at a price of $0.005 per share for a period of 5 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 3.02%, expected life of 5 years, annualized
historical volatility of 122.87% 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 $0.007. During the three-month period ended December 31, 2024,
share-based compensation expenses of $19,649 (2023 - $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.