0001493152-26-006474
SEC filingVoip-Pal.com Inc. (VPLM) reported a comprehensive loss of $920K for Q1 2026 ending December 31, 2025, driven by elevated professional fees of $643K and selling, general, and administrative expenses of $89K, partially offset by $149K in non-operating income. Total operating expenses reached $34K, reflecting ongoing operational costs in this development-stage company with no revenue disclosed. Balance sheet shows total assets of $694K, primarily cash of $587K and restricted cash of $40K, with total liabilities at $142K, yielding stockholders' equity of $552K. Cash flows from operating activities used $519K, mitigated by $45K from private placement financing, resulting in a $474K decrease in cash during the period. Issued common shares stood at 3,762,570,684, with weighted average shares outstanding at 3.75B. Earnings per share remained at $0 basic and diluted. No prior period comparisons are provided in the filing. The company's cash position supports short-term operations amid persistent losses and high share count, signaling dilution risks for investors.
Voip-Pal.com Inc. reported a loss and comprehensive loss of -$920K for the period ending December 31, 2025 (Q1 2026). Key expenses included professional fees of $643K, selling, general and administrative expense of $89K, patent consulting fees of $5K, and total operating expenses of $34K. Non-operating income was $149K. Earnings per share basic and diluted were $0, with weighted average shares outstanding at 3.75B (diluted same). No revenue or prior period figures are disclosed for direct QoQ comparison. Balance sheet reflects total assets of $694K and total liabilities of $142K. Stockholders' equity totals $552K, with share capital at $3.2M, preferred share capital $9K, additional paid-in capital $107.8M, and deficit -$110.5M. Issued common shares increased to 3,762,570,684 from 3,746,305,519 at September 30, 2025.
No revenue figures are disclosed in the filing. The company appears to be a development-stage entity focused on patents, with expenses related to patent consulting fees ($5K) indicating ongoing intellectual property activities rather than revenue-generating operations. No segment breakdown, geographic mix, or growth drivers are provided.
No gross profit, gross margin, or operating income metrics are available, consistent with absence of revenue. The comprehensive loss of -$920K reflects high professional fees ($643K) dominating the cost structure at 70% of total loss magnitude. Stock-based compensation contributed $458K to non-cash expenses. No margin trends or prior period comparisons disclosed.
Cash flows used in operating activities totaled -$519K, driven by the $920K loss, adjusted for non-cash items including stock-based compensation $458K, shares issued for services $25K, preferred shares for anti-dilution $1K, and working capital changes: accounts payable decrease -$32K, prepaid expense $25K, retainer $34. Financing activities provided $45K from private placement. Net decrease in cash was -$474K. Balance sheet liquidity anchored by cash $587K (84% of total assets $694K), restricted cash $40K, prepaid $65K, retainer $2K. Liabilities limited to accounts payable and accrued $142K. No debt disclosed.
No management guidance, strategic priorities, or risk factors are explicitly discussed in the provided filing content. Investors should note persistent operating losses, cash burn rate of approximately $519K per quarter, and equity financing reliance amid high share count.