Company: VPLM
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006777
Chunk: 26

Company: Voip-pal.com Inc
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 SCHEDULE OF STOCK OPTIONS OUTSTANDING

    Options Outstanding  
    Exercise  Price  
    Remaining Contractual Life (Years)  
    Number of Options Currently Exercisable 
  
     40,000,000  
    $0.005  
     1.31  
     40,000,000 
  
     64,500,000  
     0.005  
     2.41  
     64,500,000 
  
     65,000,000  
     0.005  
     3.42  
     65,000,000 
  
     110,000,000  
     0.005  
     4.04  
     110,000,000 
  
     279,500,000  
    $0.005  
     3.13  
     279,500,000 

During
the three-month period ended December 31, 2024, there were no issues, cancellations, expirations, vesting, or exercises of options in
the capital stock of the Company.

During
the year ended September 30, 2024, the Company:

-
on January 12, 2024, granted 115,000,000 options to purchase 115,000,000 common shares at a price of $0.005 to its consultants and advisors.
The options are exercisable for a period of five years from the date of grant, with 112,500,000 options vesting on the date of the option
grant, 2,500,000 options vesting on July 12, 2024. The following assumptions were used for the Black-Scholes valuation of stock options
on grant date as follows: risk-free rate of 4.21%, expected life of 5 years, annualized historical volatility of 144.84% and a dividend
rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other factors.

During
the year ended September 30, 2023, the Company:

-
on April 24, 2023, re-priced all its previously issued outstanding options to be exercisable at $0.005 per share; and

-
on May 31, 2023, granted 75,000,000 options to purchase 75,000,000 common shares at a price of