Company: VPLM
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010694
Chunk: 26

Company: Voip-pal.com Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 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 six-month period ended March 31, 2025,
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 six-month period ended March 31, 2025, share-based compensation expenses of $32,558 (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.

During the six-month period ended March 31, 2025,
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 six-month period ended March 31, 2025, share-based compensation expenses of $19,649 (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.

During the six-month period ended March 31, 2025,
as of October 9, 2024, the Company issued 357,865,449 common share purchase warrants to purchase 357,865,449 common shares of the Company
at a