Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 333

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 6
Chunk 333
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 2024, the Company paid back a $125,000
loan to the related party. On April 16, 2024, the Company paid back another $125,000 loan to the related party. As of September 30, 2025,
loan payable had a balance of $nil (September 30, 2024 - $nil) (Note 8).

NOTE
8. RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION

The
Company compensates certain of its key management personnel to operate its business in the normal course. Key management includes the
Company’s executive officers and members of its Board of Directors.

Compensation
paid or accrued to key management for services during the years ended September 30, 2025 and 2024 includes:

SCHEDULE OF COMPENSATION PAID OR ACCRUED TO KEY MANAGEMENT FOR SERVICES 

    September 30,  2025  
    September 30, 2024 
  
    Management fees paid to the CEO 
    $48,000  
    $32,900 
  
    Management fees paid to the current CFO 
     67,200  
     63,750 
  
    Fees paid or accrued to Directors 
     71,000  
     54,000 
  
    Stock-based compensations (Note 11) 
     1,479,014  
     4,193,110 
  
    Total fees paid 
    $1,665,214  
    $4,343,760 

On
January 31, 2024, the Company entered into a Promissory note Agreement (the “Note”) with a related party. The related party
waives the right to receive any interest on the principal amount of the Note and the Note is due on demand. On March 20, 2024, the Company
paid back a $125,000 loan to the related party. On April 16, the Company paid back another $125,000 loan to the related party. As of
September 30, 2025, loan payable had a balance of $nil (2024 - $nil) (Note 7).

At
September 30, 2025, included in accounts payable and accrued liabilities is $20,000 (September 30, 2024 - $5,250) owed to current officers
and directors.

At
September 30, 2025, included in prepaid expense is $