Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 283

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 5
Chunk 283
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 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 
  
    Exercised 
     (5,000,000) 
     0.005 
  
    Cancelled 
     (7,000,000) 
     0.005 
  
    Balance September 30, 2025 
     3,888,393,999  
    $0.003 

The
following table summarizes the share purchase warrants outstanding at September 30, 2025:

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