Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 48

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 1
Chunk 48
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.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 year ended September 30, 2025, share-based compensation 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. On May 9, 2025, the Company amended the period of the
warrants from 5 years to 10 years resulting in additional share-based compensation of $12,808.

During
the year ended September 30, 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 a consultant for professional services received. Exercisability of
the warrants is contingent on the occurrence of certain events. 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 year ended September 30, 2025, management assessed that the probability
that the condition will be met is approximately 2%, accordingly, share-based compensation of $2,102 (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 year ended September 30, 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 for professional services received. Exercisability
of the warrants is contingent on the occurrence of certain events. The following assumptions were used for the Black-Scholes valuation
of these warrants on grant date as follows: risk-free rate of 4.61%, expected life of