Company: VPLM
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010694
Chunk: 23

Company: Voip-pal.com Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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39  
     2,801,893,999 

During the six-month period ended March 31, 2025,
on February 14, 2025, the Company issued 21,000,000 warrants to purchase common shares at a price of $0.005 per share for a period of
5 years from the date of issue to its consultants. The following assumptions were used for the Black-Scholes valuation of these warrants
on grant date as follows: risk-free rate of 4.33%, expected life of 5 years, annualized historical volatility of 143.28% and a dividend
rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other factors. The weighted-average
fair value per warrant is $0.013. During the six-month period ended March 31, 2025, share-based compensation expenses of $279,697 (2024
- $nil) was recorded within the additional paid-in capital account, which was included as “Professional fees and services”
in the consolidated statements of loss and comprehensive loss.

During the six-month period ended March 31, 2025,
on January 22, 2025, the Company issued 13,000,000 warrants to purchase common shares at a price of $0.005 per share for a period of 10
years from the date of issue to its consultants. The following assumptions were used for the Black-Scholes valuation of these warrants
on grant date as follows: risk-free rate of 4.60%, expected life of 10 years, annualized historical volatility of 143.44% and a dividend
rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other factors. The weighted-average
fair value per warrant is $0.008. During the six-month period ended March 31, 2025, share-based compensation expenses of $105,084 (2024
- $nil) was recorded within the additional paid-in capital account, which was included as “Professional fees and services”
in the consolidated statements of loss and comprehensive loss.

During the six-month period ended March 31, 2025,
on January 19, 2025, the Company issued 7,000,000 warrants to purchase common shares at a price of $0.005 per share for a period of 10
years from the date of issue to its consultants. The following assumptions were used