Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 145

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 2
Chunk 145
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 air mile business, and a provider of anti-virus applications for smartphones. All business
activities prior to March 2004 have been abandoned and written off to deficit.

In
2013, the Company acquired Digifonica International (DIL) Limited (“Digifonica”), to fund and co-develop Digifonica’s
patent suite. Digifonica had been founded in 2003 with the vision that the internet would be the future of all forms of telecommunications
- a team of top twenty engineers with expertise in Linux and Internet telephony developed and wrote a software suite with applications
that provided solutions for several core areas of internet connectivity. In order to properly test the applications, Digifonica built
and operated three production nodes in Vancouver, Canada (Peer 1), London, UK (Teliasonera), and Denmark. Upon successfully developing
the technology, Digifonica filed for patents with the United States Patent and Trademark Office (“USPTO”).

The
Digifonica patents formed the basis for the Company’s current intellectual property, now a worldwide portfolio of twenty-six issued
and pending patents primarily designed for the broadband VoIP market.

The
Company’s intellectual property value is derived from its issued and pending patents. The inventions described in these patents,
among other things, provide the means to integrate VoIP services with legacy telecommunications systems such as the public switched telephone
network (PSTN) to create a seamless service using either legacy telephone numbers or IP addresses, and enhance the performance and value
of VoIP implementations worldwide.

VoIP
has been and continues to be a green field for innovation that has spawned numerous inventions, greatly benefitting consumers large and
small across the globe. VoIP is used in many places and by every modern telephony system vendor, network supplier, and retail and wholesale
carrier.

Results
of Operations

The
Company’s operating costs consist of expenses incurred to monetizing, selling and licensing its VoIP patents. Other operating costs
include expenses for legal, accounting and other professional fees, financing costs, and other general and administrative expenses.

13

Comparison
of the Years Ending September 30, 2025 and 2024

    Year Ended September 30,  
    Increase  

    2025  
    2024  
    (Decrease)  
    Percentage 
  
    Revenue 
    $-  
    $-  
    $-  
    $- 
  
    Cost of revenue 
     -