Company: VPLM
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006777
Chunk: 17

Company: Voip-pal.com Inc
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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,000 warrants were issued to purchase 7,000,000 common shares exercisable
at a price of $0.005 per warrant; as of January 22, 2025, 13,000,000 warrants were issued to purchase 13,000,000 common shares exercisable
at a price of $0.005 per warrant.

    13

VOIP-PAL.COM
INC.

Notes
to the Interim Condensed Consolidated Financial Statements

(Unaudited
– prepared by management)

(Expressed
in United States Dollars)

December
31, 2024

NOTE
11. STOCK-BASED COMPENSATION

Common
Share Purchase Warrants

As
of December 31, 2024, there are 3,161,893,999 (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 
     369,865,449  
     0.001 
  
    Cancelled 
     (7,000,000) 
     0.005 
  
    Balance December 31, 2024 
     3,161,893,999  
    $0.0025 

The
following table summarizes the share purchase warrants outstanding at December 31, 2024:

 SCHEDULE OF PURCHASE WARRANTS OUTSTANDING

      Grant Date 
    Warrants Outstanding  
    Exercise Price  
    Remaining  Contractual Life (Years)  
    Number of
                                                                                Warrants
                                                                                Currently
                                                                                Exercisable 
  
    4/12/2021 
     621,470,562  
    $