Company: VPLM
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006777
Chunk: 19

Company: Voip-pal.com Inc
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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/2024 
     5,000,000  
     0.005  
     4.87  
     5,000,000 
  
    12/02/2024 
     1,000,000  
     0.005  
     4.92  
     1,000,000 
  
    12/20/2024 
     3,000,000  
     0.005  
     4.97  
     5,000,000 

     3,161,893,999  
    $0.003  
     7.60  
     2,704,893,999 

During
the three-month period ended December 31, 2024, on December 20, 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 3.04%, expected life of 5 years, annualized
historical volatility of 118.43% 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 $0.006. During the three-month period ended December 31, 2024,
share-based compensation expenses of $16,862 (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 December 2, 2024, the Company issued 1,000,000 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 2.92%, expected life of 5 years, annualized
historical volatility of 119.69% and a dividend rate of 0%. Expected volatilities are based on the historical volatility of the Company’s
stock and other