Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 9

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 1
Chunk 9
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 on the above cursory descriptions.

Amount
Spent on Research and Development

For
the two years ended September 30, 2025 and 2024, the Company has incurred no research and development expenses.

Employees

We
have no employees. The Company utilizes various consultants and contractors for other services.

Emerging
Growth Company Status

We
are an “emerging growth company” as that term is used in the Jumpstart Our Business Startups Act of 2012 (the “JOBS
Act”) and, as such, have elected to comply with certain reduced public company reporting requirements for future filings.

In
April 2012, the Jumpstart Our Business Startups Act (“JOBS Act”) was enacted into law. The JOBS Act provides, among other
things:

    -
    Exemptions
    for “emerging growth companies” from certain financial disclosure and governance requirements for up to five years and
    provides a new form of financing to small companies;

    -
    Amendments
    to certain provisions of the federal securities laws to simplify the sale of securities and increase the threshold number of record
    holders required to trigger the reporting requirements of the Securities Exchange Act of 1934, as amended;

    -
    Relaxation
    of the general solicitation and general advertising prohibition for Rule 506 offerings;

    -
    Adoption
    of a new exemption for public offerings of securities in amounts not exceeding $50 million; and

    -
    Exemption
    from registration by a non-reporting company of offers and sales of securities of up to $1,000,000 that comply with rules to be adopted
    by the SEC pursuant to Section 4(6) of the Securities Act and exemption of such sales from state law registration, documentation
    or offering requirements.

7

In
general, under the JOBS Act a company is an “emerging growth company” if its initial public offering (“IPO”)
of common equity securities was effected after December 8, 2011 and the company had less than $1 billion of total annual gross revenues
during its last completed fiscal year. We will retain “emerging growth company” status until the earliest of:

    (i)
    the
    completion of the fiscal year in which the company has total annual gross revenues of $1 billion or more,

    (ii)
    the
    completion of the fiscal year of the fifth anniversary of the company’s IPO;

    (iii)
    the