Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 437

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 7A
Chunk 437
---
 year ended September 30, 2025, on November 12, 2025,
the Company entered into an amended and restated securities purchase agreement, whereby the investor had already completed the initial
allotment and three additional allotments for aggregate proceeds of $400,000 from the Original Agreement, and would commit to the purchase
of 17 additional allotments of varying amounts priced at $0.005 over a period of 17 months for aggregate proceeds of $1,600,000. On December
11, 2025, the Company issued 4,000,000 common shares priced at $0.005 per share for cash proceeds of $20,000 pursuant to this agreement.

Subsequent
to the year ended September 30, 2025, on October 10, 2025, the Board of the Company approved a personal loan of up to $60,000 to Emil
Malak. As of the date of this report, $35,000 has been advanced under the loan. The loan bears interest at an annual rate of 5% and has
a term of one year.

    27

VOIP-PAL.COM
INC.

Notes
to the Consolidated Financial Statements

(Expressed
in United States Dollars)

September
30, 2025

NOTE
11. STOCK-BASED COMPENSATION

Common
Share Purchase Warrants

As
of September 30, 2025, there are 3,888,393,999 (September 30, 2024 - 2,799,028,550) outstanding share purchase warrants to be exercised.

The
following table summarizes the Company’s warrant transactions:

SCHEDULE OF STOCK WARRANT TRANSACTIONS 

    Number of  warrants  
    Weighted average exercise price 
  
    Balance September 30, 2023 
     1,862,937,461  
    $0.0019 
  
    Issued 
     985,091,089  
     0.004 
  
    Exercised 
     (45,000,000) 
     0.005 
  
    Cancelled 
     (4,000,000) 
     0.005 
  
    Balance September 30, 2024 
     2,799,028,550  
    $0.0027 
  
    Issued 
     1,101,365,449  
     0.004