Cover
Cover - shares | 9 Months Ended | |
Jun. 30, 2023 | Aug. 14, 2023 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jun. 30, 2023 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2023 | |
Current Fiscal Year End Date | --09-30 | |
Entity File Number | 000-55613 | |
Entity Registrant Name | VoIP-PAL.COM INC. | |
Entity Central Index Key | 0001410738 | |
Entity Tax Identification Number | 98-0184110 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 7215 Bosque Boulevard | |
Entity Address, Address Line Two | Suite 102 | |
Entity Address, City or Town | Waco | |
Entity Address, State or Province | TX | |
Entity Address, Postal Zip Code | 76710-4020 | |
City Area Code | 954 | |
Local Phone Number | 495-4600 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Elected Not To Use the Extended Transition Period | true | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 2,927,525,291 |
Interim Consolidated Balance Sh
Interim Consolidated Balance Sheets (Unaudited) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
CURRENT | ||
Cash | $ 1,911,437 | $ 305,485 |
Retainer (Note 5) | 7,264 | 1,181 |
Prepaid Expense | 19,500 | |
TOTAL CURRENT ASSETS | 1,938,201 | 306,666 |
NON-CURRENT | ||
Fixed assets (Note 6) | 2,696 | 4,390 |
Intellectual VoIP communications patent properties, net (Note 7) | 261,100 | 364,750 |
TOTAL ASSETS | 2,201,997 | 675,806 |
LIABILITIES | ||
Accounts payable and accrued liabilities | 161,374 | 158,613 |
TOTAL LIABILITIES | 161,374 | 158,613 |
STOCKHOLDERS’ equity | ||
SHARE CAPITAL (Note 10) | 2,324,015 | 1,463,465 |
PREFERRED SHARE CAPITAL (Note 10) | 7,350 | 4,750 |
ADDITIONAL PAID-IN CAPITAL (Note 10) | 92,386,054 | 69,064,237 |
SHARES TO BE ISSUED (Note 10) | 20,000 | 61,320 |
DEFICIT | (92,696,796) | (70,076,579) |
TOTAL STOCKHOLDERS’ EQUITY | 2,040,623 | 517,193 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 2,201,997 | $ 675,806 |
Interim Consolidated Statements
Interim Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
EXPENSES | ||||
Amortization (Note 6 & 7) | $ 35,115 | $ 35,115 | $ 105,344 | $ 105,344 |
Officers and Directors fees (Note 8) | 22,500 | 12,500 | 43,500 | 42,100 |
Legal fees | 843,584 | 165,111 | 1,727,999 | 508,143 |
Office & general | 128,257 | 58,956 | 231,676 | 121,609 |
Patent consulting fees | 1,645 | 414 | 5,954 | |
Professional fees & services | 350,942 | 51,200 | 571,998 | 248,900 |
Stock-based compensation (Note 11) | 19,847,900 | 2,271,022 | 19,998,706 | 2,326,772 |
Gain on debt settlement | (59,420) | |||
Total expenses | 21,228,298 | 2,595,549 | 22,620,217 | 3,358,822 |
LOSS AND COMPREHENSIVE LOSS FOR THE PERIOD | $ (21,228,298) | $ (2,595,549) | $ (22,620,217) | $ (3,358,822) |
Basic loss per common share | $ 0 | $ 0 | $ 0 | $ 0 |
Diluted loss per common share | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted-average number of common shares outstanding, basic | 2,524,158,974 | 2,028,288,798 | 2,388,096,105 | 1,917,599,525 |
Weighted-average number of common shares outstanding, diluted | 2,524,158,974 | 2,028,288,798 | 2,388,096,105 | 1,917,599,525 |
Interim Consolidated Statemen_2
Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
Jun. 30, 2023 | Sep. 30, 2022 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Sep. 30, 2022 | |
Cash Flows used in Operating Activities | ||||||
Loss for the period | $ (21,228,298) | $ (333,594) | $ (2,595,549) | $ (22,620,217) | $ (3,358,822) | |
Add items not affecting cash: | ||||||
Shares issued for services | 84,661 | 101,600 | ||||
Amortization | 35,115 | 35,115 | 105,344 | 105,344 | ||
Stock based compensation | 19,847,900 | 2,271,022 | 19,998,706 | 2,326,772 | ||
Gain on Settlement | (59,420) | |||||
Changes in non-cash working capital: | ||||||
Retainer | (6,083) | 3,150 | ||||
Accounts payable and accrued liabilities | 861 | 5,730 | ||||
Prepaid expense | (19,500) | |||||
Cash Flows Used in Operations | (2,515,648) | (816,226) | ||||
Cash Flows from Financing Activities | ||||||
Proceeds from private placement | 4,121,600 | 871,500 | ||||
Cash Flows Provided by Financing Activities | 4,121,600 | 871,500 | ||||
Increase in cash | 1,605,952 | 55,274 | ||||
Cash, beginning of the period | 231,777 | 305,485 | 176,503 | $ 176,503 | ||
Cash, end of the period | $ 1,911,437 | $ 305,485 | $ 231,777 | $ 1,911,437 | $ 231,777 | $ 305,485 |
Interim Consolidated Statemen_3
Interim Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) | Common Stock [Member] | Preferred Stock [Member] | Shares to be Issued Value [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance, value at Sep. 30, 2021 | $ 1,207,915 | $ 61,320 | $ 65,633,848 | $ (66,384,163) | $ 518,920 | |
Balance, shares at Sep. 30, 2021 | 1,731,447,863 | |||||
Shares issued for private placement | $ 172,300 | 10,000 | 689,200 | 871,500 | ||
Shares issued for private placement, shares | 172,300,000 | |||||
Shares issued for services | $ 9,000 | 92,600 | 101,600 | |||
Shares issued for services, shares | 9,000,000 | |||||
Share-based compensation | $ 4,750 | 2,322,022 | 2,326,772 | |||
Share-based compensation, shares | 475,000 | |||||
Loss for the period | (3,358,822) | (3,358,822) | ||||
Balance, value at Jun. 30, 2022 | $ 1,389,215 | $ 4,750 | 71,320 | 68,737,670 | (69,742,985) | 459,970 |
Balance, shares at Jun. 30, 2022 | 1,912,747,863 | 475,000 | ||||
Balance, value at Sep. 30, 2021 | $ 1,207,915 | 61,320 | 65,633,848 | (66,384,163) | 518,920 | |
Balance, shares at Sep. 30, 2021 | 1,731,447,863 | |||||
Shares issued for services, shares | 475,000 | |||||
Balance, value at Sep. 30, 2022 | $ 1,463,465 | $ 4,750 | 61,320 | 69,064,237 | (70,076,579) | 517,193 |
Balance, shares at Sep. 30, 2022 | 1,986,997,863 | 475,000 | ||||
Balance, value at Jun. 30, 2022 | $ 1,389,215 | $ 4,750 | 71,320 | 68,737,670 | (69,742,985) | 459,970 |
Balance, shares at Jun. 30, 2022 | 1,912,747,863 | 475,000 | ||||
Shares issued for private placement | $ 74,250 | (10,000) | 297,000 | 361,250 | ||
Shares issued for private placement, shares | 74,250,000 | |||||
Share-based compensation | 29,567 | 29,567 | ||||
Loss for the period | (333,594) | (333,594) | ||||
Balance, value at Sep. 30, 2022 | $ 1,463,465 | $ 4,750 | 61,320 | 69,064,237 | (70,076,579) | 517,193 |
Balance, shares at Sep. 30, 2022 | 1,986,997,863 | 475,000 | ||||
Shares issued for private placement | $ 820,320 | 20,000 | 3,281,280 | 4,121,600 | ||
Shares issued for private placement, shares | 820,320,000 | |||||
Shares issued for services | $ 14,500 | 1,216 | 68,945 | 84,661 | ||
Shares issued for services, shares | 14,500,000 | |||||
Share-based compensation | $ 1,384 | 19,997,322 | 19,998,706 | |||
Share-based compensation, shares | 138,420 | |||||
Loss for the period | (22,620,217) | (22,620,217) | ||||
Exercise of stock options | 25,730 | (25,730) | ||||
Gain on settlement, issuance cancelled | (61,320) | (61,320) | ||||
Balance, value at Jun. 30, 2023 | $ 2,324,015 | $ 7,350 | $ 20,000 | $ 92,386,054 | $ (92,696,796) | $ 2,040,623 |
Balance, shares at Jun. 30, 2023 | 2,847,547,588 | 735,031 |
NATURE AND CONTINUANCE OF OPERA
NATURE AND CONTINUANCE OF OPERATIONS | 9 Months Ended |
Jun. 30, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NATURE AND CONTINUANCE OF OPERATIONS | NOTE 1. NATURE AND CONTINUANCE OF OPERATIONS VOIP-PAL.com, Inc. (the “Company”) was incorporated in the state of Nevada in September 1997 as All American Casting International, Inc. The Company’s registered office is located at 7215 Bosque Blvd, Suite 102, Waco, Texas in the United States of America. Since March 2004, the Company has developed technology and patents related to Voice-over-Internet Protocol (VoIP) processes. All business activities prior to March 2004 have been abandoned and written off to deficit. The Company operates in one reportable segment being the acquisition and development of VoIP-related intellectual property including patents and technology. All intangible assets are located in the United States of America In December 2013, the Company completed the acquisition of Digifonica (International) Limited, a private company controlled by the CEO of the Company, whose assets included several patents and technology developed for the VoIP market. These interim consolidated financial statements have been prepared on the basis of a going concern, which contemplates the realization of assets and discharge of liabilities in the normal course of business. The Company is in various stages of product development and continues to incur losses and, at June 30, 2023, had an accumulated deficit of $ 92,696,796 70,076,579 Additionally, as the Company’s stated objective is to monetize its patent suite through the licensing or sale of its intellectual property (“IP”), the Company being forced to litigate or to defend its IP claims through litigation casts some doubt on its future to continue as a going concern. IP litigation is generally a costly process, and in the absence of revenue the Company must raise capital to continue its own defense and to validate its claims – in the event of a failure to defend its patent claims, either because of lack of funding, a court ruling against the Company or because of a protracted litigation process, there can be no assurance that the Company will be able to raise additional capital to pay for an appeals process or a lengthy trial. The outcome of any litigation process may have an adverse effect on the Company’s ability to continue as a going concern. COVID-19 In March 2020, the World Health Organization declared a global pandemic related to the COVID-19 coronavirus. Its impact on global economies has been far-reaching and businesses around the world are being forced to cease or limit operations for long or indefinite periods of time. Measures taken to contain the spread of the COVID-19 virus, including travel bans, quarantines, social distancing, and closures of non-essential services have triggered significant disruptions to businesses worldwide, resulting in an economic slowdown. Global stock markets have also experienced great volatility and significant declines. Governments and central banks have responded with monetary and fiscal interventions to stabilize economic conditions. The duration and impact of the COVID-19 pandemic, as well as the effectiveness of government and central bank responses, remains unclear at this time. It is not possible to reliably estimate the duration and severity of the COVID-19 pandemic, nor its impact on the financial position and results of the Company in future periods. The Company is proceeding with its business activities as long as the work environment remains safe – at this point there has been minimal disruption to day-to-day operations resulting from health and safety measures. Disruptions and volatility in the global capital markets may increase the Company’s cost of capital and adversely impact access to capital. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 |
BASIS OF PRESENTATION
BASIS OF PRESENTATION | 9 Months Ended |
Jun. 30, 2023 | |
Accounting Policies [Abstract] | |
BASIS OF PRESENTATION | NOTE 2. BASIS OF PRESENTATION The accompanying interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Jun. 30, 2023 | |
Accounting Policies [Abstract] | |
SIGNIFICANT ACCOUNTING POLICIES | NOTE 3. SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation These interim consolidated financial statements have been prepared on a consolidated basis and include the accounts of the Company and its wholly owned subsidiary, Digifonica (International) Limited. All intercompany transactions and balances have been eliminated. As at June 30, 2023, Digifonica had no activities. Use of Estimates The preparation of these interim consolidated financial statements required management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from these estimates. Where estimates have been used, financial results as determined by actual events could differ from those estimates. Cash Cash consists of cash on hand, cash held in trust, and monies held in checking and savings accounts. The Company had $ 1,911,437 305,485 Fixed Assets Fixed assets are stated at cost less accumulated depreciation, and depreciated using the straight-line method over their useful lives; Furniture and computers – 5 years Intangible Assets Intangible assets, consisting of VoIP communication patent intellectual properties (IP) are recorded at cost and amortized over the assets estimated life on a straight-line basis. Management considers factors such as remaining life of the patents, technological usefulness and other factors in estimating the life of the assets. The carrying value of intangible assets are reviewed for impairment by management of the Company at least annually or upon the occurrence of an event which may indicate that the carrying amount may be less than its fair value. If impaired, the Company will write-down such impairment. In addition, the useful life of the intangible assets will be evaluated by management at least annually or upon the occurrence of an event which may indicate that the useful life may have changed. Fair Value of Financial Instruments FASB ASC 820, Fair Value Measurement, defines fair value as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor’s carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 3. SIGNIFICANT ACCOUNTING POLICIES (CONT’D) U.S. GAAP establishes a framework for measuring fair value under generally accepted accounting principles and enhances disclosures about fair value measurements. Fair value is defined as the amount that would be received for an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The standard describes the following fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets and liabilities. Level 2: Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3: Unobservable inputs supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The fair value of cash is classified as Level 1 at June 30, 2023 and September 30, 2022. The Company classifies its financial instruments as follows: Cash is classified as held for trading and is measured at fair value. Accounts payable and accrued liabilities are classified as other financial liabilities, and have a fair value approximating their carrying value, due to their short-term nature. Income Taxes Deferred income taxes have been provided for temporary differences between financial statement and income tax reporting under the asset and liability method, using expected tax rates and laws that are expected to be in effect when the differences are expected to reverse. A valuation allowance is provided when realization is not considered more likely than not. The Company’s policy is to classify income tax assessments, if any, for interest expense and for penalties in general and administrative expenses. The Company’s income tax returns are subject to examination by the IRS and corresponding states, generally for three years after they are filed. Loss per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each period. Diluted income per share includes potentially dilutive securities such as stock options and share purchase warrants outstanding during each period. To calculate diluted loss per share the Company uses the treasury stock method and the if-converted method. For the period ended June 30, 2023 and the year ended September 30, 2022, there were no potentially dilutive securities included in the calculation of weighted-average common shares outstanding. Derivatives We account for derivatives pursuant to ASC 815, Accounting for Derivative Instruments and Hedging Activities Stock-based compensation The Company recognizes compensation expenses for all stock-based payments made to employees, directors and others based on the estimated fair values of its common stock on the date of issuance. The Company determines the fair value of the share-based compensation payments granted as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either the date at which a commitment for performance to earn the equity instrument is reached or the date the performance is complete. The Company recognizes compensation expense for stock awards with service conditions on a straight-line basis over the requisite service period, which is included in operations. Stock option expense is recognized over the option’s vesting period. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 3. SIGNIFICANT ACCOUNTING POLICIES (CONT’D) Concentrations of Credit Risk The Company’s policy is to maintain cash with reputable financial institutions or in retainers with trusted vendors. The Company has at times had cash balances at financial institutions in excess of the Federal Deposit Insurance Corporation (FDIC) Insurance Limit of $ 250,000 250,000 1,661,437 Recent Accounting Pronouncements and Adoption ASU 2020-10 – Codification Improvements In October 2020, the FASB issued ASU 2020-10, Codification Improvements. The guidance contains improvements to the Codification by ensuring that all guidance that requires or provides an option for an entity to provide information in the notes to financial statements is codified in the Disclosure Section of the Codification. The guidance also contains Codifications that are varied in nature and may affect the application of the guidance in cases in which the original guidance may have been unclear. For public business entities, the amendments in the ASU are effective for fiscal years beginning after December 15, 2020. For all other entities, the amendments are effective for annual periods beginning after December 15, 2021, and interim periods within annual periods beginning after December 15, 2022. Early adoption is permitted. We do not expect the adoption of ASU 2020-10 to have a material impact on our condensed consolidated financial statements. |
PURCHASE OF DIGIFONICA
PURCHASE OF DIGIFONICA | 9 Months Ended |
Jun. 30, 2023 | |
Business Combination and Asset Acquisition [Abstract] | |
PURCHASE OF DIGIFONICA | NOTE 4. PURCHASE OF DIGIFONICA The Company acquired Digifonica (International) Limited in December 2013 by way of the Share Transfer Agreement (the “STA”), pursuant to which the Company purchased 100 800,000 389,023,561 The STA included an anti-dilution clause (the “Anti-Dilution Clause”) that required the Company to maintain the Seller’s percentage ownership of the Company at 40 During the year ended September 30, 2021, on April 12, 2021, the STA was amended to provide that: a) from its inception until March 31, 2021, the Company would issue warrants to purchase common shares of the Company in an equivalent amount to and instead of the required shares being issued pursuant to the Anti-Dilution Clause; and b) the Anti-Dilution Clause would be null and void from April 1, 2021 forward. As a result of this amendment, the Seller returned 513,535,229 107,935,333 621,470,562 0.021 During the period ended June 30, 2023, on April 23, 2023, the STA was further amended to: a) retroactively reinstate the Anti-Dilution Clause that had been nullified by the amendments made to the STA in April 2021 so that the Company is now required to issue warrants to purchase common shares of the Company in an equivalent amount to and instead of the required shares being issued pursuant to the original Anti-Dilution Clause; and b) require the Company to issue Preferred shares with super-voting rights in a sufficient amount in order for the Seller to maintain his 40% voting rights 831,466,899 138,420 VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 |
RETAINER
RETAINER | 9 Months Ended |
Jun. 30, 2023 | |
Retainer | |
RETAINER | NOTE 5. RETAINER The Company has retainers with certain of its professional service providers. The balance due on these prepaid retainers was $ 7,264 1,181 |
FIXED ASSETS
FIXED ASSETS | 9 Months Ended |
Jun. 30, 2023 | |
Property, Plant and Equipment [Abstract] | |
FIXED ASSETS | NOTE 6. FIXED ASSETS A summary of the Company’s fixed assets as of June 30, 2023 and September 30, 2022 is as follows: SCHEDULE OF FIXED ASSETS June 30, 2023 September 30, 2022 Office furniture & computers $ 11,917 $ 11,917 Accumulated depreciation (9,221 ) (7,527 ) Net book value $ 2,696 $ 4,390 There were no retirements of any fixed assets in the periods presented. |
INTANGIBLE ASSETS
INTANGIBLE ASSETS | 9 Months Ended |
Jun. 30, 2023 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
INTANGIBLE ASSETS | NOTE 7. INTANGIBLE ASSETS The Company acquired certain patents and technology from Digifonica in December 2013 (see Note 4). These assets have been recorded in the financial statements as intangible assets. These assets are being amortized over twelve ( 12 SCHEDULE OF INTANGIBLE ASSETS June 30, 2023 September 30, 2022 VoIP Intellectual property and patents $ 1,552,416 $ 1,552,416 Accumulated amortization (1,291,316 ) (1,187,666 ) Net book value $ 261,100 $ 364,750 There were no disposal of any intangible assets in the periods presented. |
RELATED PARTY TRANSACTIONS AND
RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION | 9 Months Ended |
Jun. 30, 2023 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION | NOTE 8. RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION The Company compensates its key management personnel to operate its business in the normal course. Key management includes the Company’s senior officers and members of its Board of Directors. Compensation paid or accrued to key management for services during the nine-month periods ended June 30, 2023 and 2022 includes: SCHEDULE OF COMPENSATION PAID OR ACCRUED TO KEY MANAGEMENT FOR SERVICES June 30, 2023 June 30, 2022 Management fees paid to the CEO $ 12,161 $ 47,500 Management fees paid to the CFO 13,500 13,500 Fees paid to Directors 30,000 28,600 Total fees paid $ 55,661 $ 89,600 At June 30, 2023, included in prepaid expense is $ 19,500 Nil During the nine-month period ended June 30, 2023, a director of the Company forgave $ 2,100 Nil |
SUPPLEMENTAL CASH FLOW INFORMAT
SUPPLEMENTAL CASH FLOW INFORMATION | 9 Months Ended |
Jun. 30, 2023 | |
Supplemental Cash Flow Elements [Abstract] | |
SUPPLEMENTAL CASH FLOW INFORMATION | NOTE 9. SUPPLEMENTAL CASH FLOW INFORMATION During the period ended June 30, 2023, the Company paid $ Nil Nil There were no non-cash investing or financing transactions during the nine-month periods ended June 30, 2023 and 2022. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 |
SHARE CAPITAL
SHARE CAPITAL | 9 Months Ended |
Jun. 30, 2023 | |
Equity [Abstract] | |
SHARE CAPITAL | NOTE 10. SHARE CAPITAL Capital Stock Authorized and Issued as at June 30, 2023: Common Voting Shares Authorized: 5,000,000,000 3,500,000,000 0.001 Issued: 2,847,547,588 1,986,997,863 Preferred Shares Authorized: 1,000,000 1,000,000 0.01 Issued: 735,031 475,000 Issues during the nine-month period ended June 30, 2023 During the nine-month period ended June 30, 2023, the Company issued: - 820,320,000 0.005 4,101,600 - 831,466,899 831,466,899 0.001 - 121,611 12,161 - 138,420 138 - 14,500,000 72,500 Issues during the year ended September 30, 2022 During the year ended September 30, 2022, the Company: - issued 246,550,000 0.005 1,232,750 - issued 9,000,000 101,600 - issued 410,000,000 410,000,000 0.025 five years - granted 77,000,000 77,000,000 0.025 five years - returned to treasury 11,850,000 11,850,000 0.05 - issued 475,000 835 Subsequent Issues Subsequent to the nine-month period ended June 30, 2023 the Company had issued: - 75,400,000 0.005 377,000 - 4,577,703 0.005 Shares to be Issued As at June 30, 2023, there are 10,000,000 1,977,523 20,000 61,320 1,977,523 4,000 VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 |
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION | 9 Months Ended |
Jun. 30, 2023 | |
Share-Based Payment Arrangement [Abstract] | |
STOCK-BASED COMPENSATION | NOTE 11. STOCK-BASED COMPENSATION Common Share Purchase Warrants As of June 30, 2023, there are 1,862,937,461 1,031,470,562 The following table summarizes the Company’s warrant transactions: SCHEDULE OF STOCK WARRANT TRANSACTIONS Number of warrants Weighted average exercise price Balance September 30, 2021 621,470,562 $ 0.001 Issued May 30, 2022 410,000,000 0.005 Balance September 30, 2022 1,031,470,562 0.0023 Issued June 30, 2023 831,466,899 0.001 Balance June 30, 2023 1,862,937,461 $ 0.0019 The following table summarizes the share purchase warrants outstanding at June 30, 2023: SCHEDULE OF PURCHASE WARRANTS OUTSTANDING Warrants Outstanding Exercise Price Remaining Contractual Life (Yrs) Number of Warrants Currently Exercisable 621,470,562 $ 0.001 7.79 621,470,562 410,000,000 0.005 3.92 410,000,000 831,466,899 0.001 10.01 831,466,899 1,862,937,461 $ 0.002 7.93 1,862,937,461 During the nine-month period ended June 30, 2023, the Company: - on April 23, 2023, re-priced 621,470,562 0.021 0.001 - on April 24, 2023, changed the vesting provisions and exercise price of 410,000,000 0.025 0.005 - on June 30, 2023, issued 831,466,899 0.001 During the nine-month period ended June 30, 2023, on June 30, 2023, the Company issued 831,466,899 0.001 ten years 3.81 10 years 143.75 0 0.046 During the year ended September 30, 2022, on May 30, 2022, the Company issued 410,000,000 0.025 five years 410,000,000 0.025 0.005 3.60 4.10 174.16 0 15,995,229 0.039 15,995,229 nil During the year ended September 30, 2021, on April 16, 2021, the Company issued 621,470,562 0.021 ten years 621,470,562 0.021 0.005 4.78 7.99 169.15 0 130,000 0.036 VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 11. STOCK-BASED COMPENSATION (CONT’D) Common Share Purchase Options In order to provide incentive to directors, officers, management, employees, consultants and others who provide services to the Company or any subsidiary (the “Service Providers”) to act in the best interests of the Company, and to retain such Service Providers, the Company has in place an incentive Stock Option Plan (the “Plan”) whereby the Company is authorized to issue up to 10 The following table summarizes the Company’s stock option transactions: SCHEDULE OF STOCK OPTIONS TRANSACTIONS Number of options Weighted average exercise price ($) Balance September 30, 2021 116,850,000 0.005 Granted 77,000,000 0.005 Cancelled / Expired (11,850,000 ) 0.053 Balance September 30, 2022 182,000,000 0.024 Granted 75,000,000 0.005 Exercised (27,500,000 ) 0.005 Cancelled / Expired (15,000,000 ) 0.010 Balance June 30, 2023 214,500,000 0.005 The following table summarizes the stock options outstanding at June 30, 2023: SCHEDULE OF STOCK OPTIONS OUTSTANDING Options Outstanding Exercise Price Remaining Contractual Life (Yrs) Number of Options Currently Exercisable 82,500,000 0.005 2.82 82,500,000 57,000,000 0.005 3.92 57,000,000 75,000,000 0.005 4.92 68,500,000 214,500,000 $ 0.005 3.85 208,000,000 During the nine-month period ended June 30, 2023, the Company: - on April 23, 2023, re-priced all its previously issued outstanding options to be exercisable at $ 0.005 - on May 31, 2023, granted 75,000,000 75,000,000 0.005 During the period ended June 30, 2023, on May 31, 2023, the Company granted 75,000,000 options to purchase 75,000,000 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 68,500,000 options vesting on the date of the option grant, 3,500,000 options vesting on May 31, 2024, and 3,000,000 options vesting on May 31, 2025. The following assumptions were used for the Black-Scholes valuation of stock options on grant date as follows: risk-free rate of 3.74 %, expected life of 5 years , annualized historical volatility of 148.52 % and a dividend rate of 0 %. Expected volatilities are based on the historical volatility of the Company’s stock and other factors. During the nine-month period ended June 30, 2023, share-based compensation cost of $ 3,338,366 (2022 - $ nil ) was charged against income from options vested. Of the 68,500,000 options vested, 15,000,000 related to replacement options issued from options originally issued on September 21, 2021 . During the year ended September 30, 2022, on May 30, 2022, the Company granted 77,000,000 77,000,000 0.025 five years the first 50% vesting on the date of the option grant and the remaining 50% vesting on May 30, 2023. 0.025 0.005 3.60 4.1 174.16 0 that 105,571 share-based compensation cost of $ 183,385 2,167,042 VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 11. STOCK-BASED COMPENSATION (CONT’D) Common Share Purchase Options (cont’d) During the year ended September 30, 2021, on April 23, 2021, the Company granted 90,000,000 options to purchase 90,000,000 common shares at a price of $ 0.025 to its directors, officers, employees, consultants and advisors. The options are exercisable for a period of five years from the date of grant and are all now fully vested. On April 24, 2023, the stock options issued on April 23, 2021 were re-priced from $ 0.025 0.005 3.84 %, expected life of 3 years , annualized historical volatility of 169.15 0 %. Expected volatilities are based on the historical volatility of the Company’s stock and other factors. The incremental cost that 235,456 During the nine months ended June 30, 2023, 15,000,000 3.74 5 148.52 0 10,561 During the nine-month period ended June 30, 2023, total compensation cost of $ 19,998,706 2,326,772 |
CONTINGENT LIABILITIES
CONTINGENT LIABILITIES | 9 Months Ended |
Jun. 30, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
CONTINGENT LIABILITIES | NOTE 12. CONTINGENT LIABILITIES Patent Litigation The Company is party to patent and patent-related litigation cases as follows: i. VoIP-Pal.com Inc. v. Facebook, Inc. et al. Case No. 6-20-cv-00267 in the U.S. District Court, Western District of Texas In April 2020, the Company filed a lawsuit in the United States District Court, Western District of Texas, against Facebook, Inc. and certain related entities, alleging infringement of U.S. Patent No. 10,218,606. On July 22, 2022, the Western District of Texas granted Facebook’s motion to transfer the case to the Northern District of California. The case number is Case No. 3:22-cv-4279-JD. On June 6, 2023, the parties stipulated to the dismissal of the case. On June 7, 2023, the court dismissed the case. ii. VoIP-Pal.com Inc. v. Google, LLC fka Google, Inc. Case No. 6-20-cv-00269 in U.S. District Court, Western District of Texas. In April 2020, the Company filed a lawsuit in the United States District Court, Western District of Texas, against Google, alleging infringement of U.S. Patent No. 10,218,606. On September 21, 2022, the Western District of Texas granted Google’s motion to transfer the case to the Northern District of California. The case number is Case No. 3:22-cv-5419-JD. On June 6, 2023, the parties stipulated to the dismissal of the case. On June 7, 2023, the court dismissed the case. iii. VoIP-Pal.com Inc. v. Amazon.com, Inc. et al. Case No. 6-20-cv-00272 in the U.S. District Court, Western District of Texas. In April 2020, the Company filed a lawsuit in the United States District Court, Western District of Texas, against Amazon.com, Inc. and certain related entities, alleging infringement of U.S. Patent No. 10,218,606. The case is pending. iv. VoIP-Pal.com, Inc. v. Facebook, Inc. et al Case No. 6-21-cv-665 in the United States District Court, Western District of Texas On September 25, 2021, the Company filed a lawsuit in the US District Court, Western District of Texas, against Facebook, Inc. and WhatsApp, Inc. alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. On May 31, 2022, the Western District of Texas court granted Facebook and WhatsApp’s motion to transfer the case to the Northern District of California. The case number is Case No. 3:22-cv-3202-JD. On June 6, 2023, the parties stipulated to the dismissal of the case. On June 7, 2023, the court dismissed the case. v. VoIP-Pal.com, Inc. v. Google, LLC Case No. 6-21-cv-667 in the United States District Court, Western District of Texas On September 25, 2021, the Company filed a lawsuit in the US District Court, Western District of Texas, against Google LLC alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. On May 31, 2022, the Western District of Texas granted Google’s motion to transfer the case to the Northern District of California. The case number is Case No. 3:22-cv-3199-JD. On June 6, 2023, the parties stipulated to the dismissal of the case. On June 7, 2023, the court dismissed the case. vi. VoIP-Pal.com, Inc. v. Amazon.com, Inc. et al. Case No. 6-21-cv-668 in the U.S. District Court, Western District of Texas On September 25, 2021, the Company filed a lawsuit in the U.S. District Court, Western District of Texas, against Amazon and related entities alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. On June 26, 2023, the parties stipulated to the dismissal of the case. On June 29, 2023, the court closed the case. vii. VoIP-Pal.com, Inc. v. Verizon Comms., Inc. Case No. 6-21-cv-672 in the U.S. District Court, Western District of Texas On September 25, 2021, the Company filed a lawsuit in the U.S. District Court, Western District of Texas, against Verizon and related entities alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. The case is pending. viii. VoIP-Pal.com, Inc. v. T-Mobile US, Inc. et al. Case No. 6-21-cv-668 in the U.S. District Court, Western District of Texas On September 25, 2021, the Company filed a lawsuit in the U.S. District Court, Western District of Texas, against T-Mobile and related entities alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. The case is pending. ix. VoIP-Pal.com Inc v Samsung Electronics Co. et al Case No. 6-21-cv-1246 in U.S. District Court, Western District of Texas On November 30, 2021, the Company filed a lawsuit in the U.S. District Court, Western District of Texas, against Samsung & related entities alleging infringement of U.S. Patent Nos. 8,630,234 & 10,880,721. On June 21, 2023, the parties stipulated to the dismissal of the case and the court closed the case. x. VoIP-Pal.com Inc v Huawei Technologies Co, Ltd. et al Case No. 6-21-cv-1247 in US District Court, Western District of Texas On November 30, 2021, the Company filed a lawsuit in the U.S. District Court, Western District of Texas, against Huawei and related entities alleging infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. On January 18, 2023, the Western District of Texas granted Huawei’s motion to transfer the case to the Northern District of Texas. The case no. is 3:23-cv-00151. The case is pending. xi. Twitter, Inc. v. VoIP-Pal.com Inc. Case No. 3:21-cv-9773 in the U.S. District Court, Northern District of California On December 17, 2021, Twitter filed a declaratory judgment lawsuit against the Company in the United States District Court, Northern District of California, alleging non-infringement of U.S. Patent Nos. 8,630,234 and 10,880,721. On June 6, 2023, the parties stipulated to the dismissal of the case. On June 7, 2023, the court dismissed the case. Non-Patent Litigation The Company is party to the following non-patent litigation case: Locksmith Financial Corporation, Inc. et al. (Plaintiff(s)) v VoIP-Pal.com Inc. et al (Defendant(s)) (Case No A-20-807745-C) filed in Clark County District Court. On January 1, 2020, the Plaintiffs filed suit in Nevada District Court claiming that they were owed 95,832,000 Voip-Pal common shares from a previous case involving the Plaintiff and the Defendant that had been through a jury trial in 2019, in which the jury had made an award to the Plaintiff that was monetary only, and did not include said shares - following the jury’s decision in the 2019 trial, the Plaintiff accepted the award and waived their right to appeal. Voip-Pal vigorously disputed the Plaintiff’s 2020 claims on the basis of claim preclusion (the 2020 claims were addressed in the previous action in 2019 and are now precluded); that Plaintiffs’ claims are untimely, and that the Plaintiffs no longer have standing to bring their claims. During the year ended September 30, 2022, the Court entered a judgment in favor of VoIP-Pal.com Inc and co-defendants, dismissing the 2020 case. The Plaintiffs filed an appeal with the Nevada Supreme Court. During the nine-month period ended June 30, 2023, following a hearing of the appeal, the Nevada Supreme Court ruled to reverse the lower court’s judgment in favor of Voip-Pal and has ordered that the case be remanded back to the lower court for further proceedings. The Defendants (Voip-Pal et al) have filed a motion to the Supreme Court for reconsideration. The case is pending. Performance Bonus Payable In 2016, the board of directors authorized the Company to provide a performance bonus (the “Performance Bonus”) of up to 3% of the capital stock of the Company by way of the issuance of Common shares from its treasury to an as yet undetermined group of related and non-related parties upon the occurrence of a bonusable event, defined as the successful completion of a sale of the Company or substantially all its assets, or a major licensing transaction. In order to provide maximum flexibility to the Company with respect to determining the level of Performance Bonus payable, and who may qualify to receive a pro-rata share of such a Performance Bonus, the Company authorized full discretion to the Board in making such determinations. In 2019, the board of directors authorized the increase of the Performance Bonus to up to 10 66.67 127,000,000 30,000,000 As at June 30, 2023, no bonusable event has occurred and there was no Performance Bonus payable. |
SIGNIFICANT ACCOUNTING POLICI_2
SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Jun. 30, 2023 | |
Accounting Policies [Abstract] | |
Principles of Consolidation | Principles of Consolidation These interim consolidated financial statements have been prepared on a consolidated basis and include the accounts of the Company and its wholly owned subsidiary, Digifonica (International) Limited. All intercompany transactions and balances have been eliminated. As at June 30, 2023, Digifonica had no activities. |
Use of Estimates | Use of Estimates The preparation of these interim consolidated financial statements required management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from these estimates. Where estimates have been used, financial results as determined by actual events could differ from those estimates. |
Cash | Cash Cash consists of cash on hand, cash held in trust, and monies held in checking and savings accounts. The Company had $ 1,911,437 305,485 |
Fixed Assets | Fixed Assets Fixed assets are stated at cost less accumulated depreciation, and depreciated using the straight-line method over their useful lives; Furniture and computers – 5 years |
Intangible Assets | Intangible Assets Intangible assets, consisting of VoIP communication patent intellectual properties (IP) are recorded at cost and amortized over the assets estimated life on a straight-line basis. Management considers factors such as remaining life of the patents, technological usefulness and other factors in estimating the life of the assets. The carrying value of intangible assets are reviewed for impairment by management of the Company at least annually or upon the occurrence of an event which may indicate that the carrying amount may be less than its fair value. If impaired, the Company will write-down such impairment. In addition, the useful life of the intangible assets will be evaluated by management at least annually or upon the occurrence of an event which may indicate that the useful life may have changed. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments FASB ASC 820, Fair Value Measurement, defines fair value as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor’s carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 3. SIGNIFICANT ACCOUNTING POLICIES (CONT’D) U.S. GAAP establishes a framework for measuring fair value under generally accepted accounting principles and enhances disclosures about fair value measurements. Fair value is defined as the amount that would be received for an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The standard describes the following fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets and liabilities. Level 2: Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3: Unobservable inputs supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The fair value of cash is classified as Level 1 at June 30, 2023 and September 30, 2022. The Company classifies its financial instruments as follows: Cash is classified as held for trading and is measured at fair value. Accounts payable and accrued liabilities are classified as other financial liabilities, and have a fair value approximating their carrying value, due to their short-term nature. |
Income Taxes | Income Taxes Deferred income taxes have been provided for temporary differences between financial statement and income tax reporting under the asset and liability method, using expected tax rates and laws that are expected to be in effect when the differences are expected to reverse. A valuation allowance is provided when realization is not considered more likely than not. The Company’s policy is to classify income tax assessments, if any, for interest expense and for penalties in general and administrative expenses. The Company’s income tax returns are subject to examination by the IRS and corresponding states, generally for three years after they are filed. |
Loss per Common Share | Loss per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each period. Diluted income per share includes potentially dilutive securities such as stock options and share purchase warrants outstanding during each period. To calculate diluted loss per share the Company uses the treasury stock method and the if-converted method. For the period ended June 30, 2023 and the year ended September 30, 2022, there were no potentially dilutive securities included in the calculation of weighted-average common shares outstanding. |
Derivatives | Derivatives We account for derivatives pursuant to ASC 815, Accounting for Derivative Instruments and Hedging Activities |
Stock-based compensation | Stock-based compensation The Company recognizes compensation expenses for all stock-based payments made to employees, directors and others based on the estimated fair values of its common stock on the date of issuance. The Company determines the fair value of the share-based compensation payments granted as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either the date at which a commitment for performance to earn the equity instrument is reached or the date the performance is complete. The Company recognizes compensation expense for stock awards with service conditions on a straight-line basis over the requisite service period, which is included in operations. Stock option expense is recognized over the option’s vesting period. VOIP-PAL.COM INC. Notes to the Interim Consolidated Financial Statements (Unaudited – prepared by management) (Expressed in United States Dollars) June 30, 2023 NOTE 3. SIGNIFICANT ACCOUNTING POLICIES (CONT’D) |
Concentrations of Credit Risk | Concentrations of Credit Risk The Company’s policy is to maintain cash with reputable financial institutions or in retainers with trusted vendors. The Company has at times had cash balances at financial institutions in excess of the Federal Deposit Insurance Corporation (FDIC) Insurance Limit of $ 250,000 250,000 1,661,437 |
Recent Accounting Pronouncements and Adoption | Recent Accounting Pronouncements and Adoption ASU 2020-10 – Codification Improvements In October 2020, the FASB issued ASU 2020-10, Codification Improvements. The guidance contains improvements to the Codification by ensuring that all guidance that requires or provides an option for an entity to provide information in the notes to financial statements is codified in the Disclosure Section of the Codification. The guidance also contains Codifications that are varied in nature and may affect the application of the guidance in cases in which the original guidance may have been unclear. For public business entities, the amendments in the ASU are effective for fiscal years beginning after December 15, 2020. For all other entities, the amendments are effective for annual periods beginning after December 15, 2021, and interim periods within annual periods beginning after December 15, 2022. Early adoption is permitted. We do not expect the adoption of ASU 2020-10 to have a material impact on our condensed consolidated financial statements. |
FIXED ASSETS (Tables)
FIXED ASSETS (Tables) | 9 Months Ended |
Jun. 30, 2023 | |
Property, Plant and Equipment [Abstract] | |
SCHEDULE OF FIXED ASSETS | A summary of the Company’s fixed assets as of June 30, 2023 and September 30, 2022 is as follows: SCHEDULE OF FIXED ASSETS June 30, 2023 September 30, 2022 Office furniture & computers $ 11,917 $ 11,917 Accumulated depreciation (9,221 ) (7,527 ) Net book value $ 2,696 $ 4,390 |
INTANGIBLE ASSETS (Tables)
INTANGIBLE ASSETS (Tables) | 9 Months Ended |
Jun. 30, 2023 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
SCHEDULE OF INTANGIBLE ASSETS | SCHEDULE OF INTANGIBLE ASSETS June 30, 2023 September 30, 2022 VoIP Intellectual property and patents $ 1,552,416 $ 1,552,416 Accumulated amortization (1,291,316 ) (1,187,666 ) Net book value $ 261,100 $ 364,750 |
RELATED PARTY TRANSACTIONS AN_2
RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION (Tables) | 9 Months Ended |
Jun. 30, 2023 | |
Related Party Transactions [Abstract] | |
SCHEDULE OF COMPENSATION PAID OR ACCRUED TO KEY MANAGEMENT FOR SERVICES | Compensation paid or accrued to key management for services during the nine-month periods ended June 30, 2023 and 2022 includes: SCHEDULE OF COMPENSATION PAID OR ACCRUED TO KEY MANAGEMENT FOR SERVICES June 30, 2023 June 30, 2022 Management fees paid to the CEO $ 12,161 $ 47,500 Management fees paid to the CFO 13,500 13,500 Fees paid to Directors 30,000 28,600 Total fees paid $ 55,661 $ 89,600 |
STOCK-BASED COMPENSATION (Table
STOCK-BASED COMPENSATION (Tables) | 9 Months Ended |
Jun. 30, 2023 | |
Share-Based Payment Arrangement [Abstract] | |
SCHEDULE OF STOCK WARRANT TRANSACTIONS | The following table summarizes the Company’s warrant transactions: SCHEDULE OF STOCK WARRANT TRANSACTIONS Number of warrants Weighted average exercise price Balance September 30, 2021 621,470,562 $ 0.001 Issued May 30, 2022 410,000,000 0.005 Balance September 30, 2022 1,031,470,562 0.0023 Issued June 30, 2023 831,466,899 0.001 Balance June 30, 2023 1,862,937,461 $ 0.0019 |
SCHEDULE OF PURCHASE WARRANTS OUTSTANDING | The following table summarizes the share purchase warrants outstanding at June 30, 2023: SCHEDULE OF PURCHASE WARRANTS OUTSTANDING Warrants Outstanding Exercise Price Remaining Contractual Life (Yrs) Number of Warrants Currently Exercisable 621,470,562 $ 0.001 7.79 621,470,562 410,000,000 0.005 3.92 410,000,000 831,466,899 0.001 10.01 831,466,899 1,862,937,461 $ 0.002 7.93 1,862,937,461 |
SCHEDULE OF STOCK OPTIONS TRANSACTIONS | The following table summarizes the Company’s stock option transactions: SCHEDULE OF STOCK OPTIONS TRANSACTIONS Number of options Weighted average exercise price ($) Balance September 30, 2021 116,850,000 0.005 Granted 77,000,000 0.005 Cancelled / Expired (11,850,000 ) 0.053 Balance September 30, 2022 182,000,000 0.024 Granted 75,000,000 0.005 Exercised (27,500,000 ) 0.005 Cancelled / Expired (15,000,000 ) 0.010 Balance June 30, 2023 214,500,000 0.005 |
SCHEDULE OF STOCK OPTIONS OUTSTANDING | The following table summarizes the stock options outstanding at June 30, 2023: SCHEDULE OF STOCK OPTIONS OUTSTANDING Options Outstanding Exercise Price Remaining Contractual Life (Yrs) Number of Options Currently Exercisable 82,500,000 0.005 2.82 82,500,000 57,000,000 0.005 3.92 57,000,000 75,000,000 0.005 4.92 68,500,000 214,500,000 $ 0.005 3.85 208,000,000 |
NATURE AND CONTINUANCE OF OPE_2
NATURE AND CONTINUANCE OF OPERATIONS (Details Narrative) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Accumulated deficit | $ 92,696,796 | $ 70,076,579 |
SIGNIFICANT ACCOUNTING POLICI_3
SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
Accounting Policies [Abstract] | ||
Cash | $ 1,911,437 | $ 305,485 |
Property, plant and equipment, useful life | 5 years | |
Cash FDIC insured amount | $ 250,000 | |
Additional cash FDIC insured amount | $ 1,661,437 |
PURCHASE OF DIGIFONICA (Details
PURCHASE OF DIGIFONICA (Details Narrative) - USD ($) | 1 Months Ended | 9 Months Ended | ||
Apr. 12, 2021 | Dec. 31, 2013 | Jun. 30, 2023 | Apr. 23, 2023 | |
Business Acquisition [Line Items] | ||||
Common shares price | $ 0.001 | $ 0.005 | ||
Preferred shares voting rights | 40% voting rights | |||
Series A Preferred Stock [Member] | ||||
Business Acquisition [Line Items] | ||||
Number of shares relinquished | 138,420 | |||
Shares issued | 138,420 | |||
Warrant [Member] | ||||
Business Acquisition [Line Items] | ||||
Shares issued | 831,466,899 | |||
Seller of Digifonica [Member] | ||||
Business Acquisition [Line Items] | ||||
Treasury stock, shares, acquired | 513,535,229 | |||
Number of shares relinquished | 107,935,333 | |||
Number of warrant exercised to purchase common shares | 621,470,562 | |||
Common shares price | $ 0.021 | |||
Digifonica [Member] | ||||
Business Acquisition [Line Items] | ||||
Anti-dilution clause, percentage of ownership | 40% | |||
Share Purchase Agreement [Member] | Digifonica [Member] | ||||
Business Acquisition [Line Items] | ||||
Anti-dilution clause, percentage of ownership | 100% | |||
Business combination, cash transferred | $ 800,000 | |||
Business acquisition, equity interest issued, shares | 389,023,561 |
RETAINER (Details Narrative)
RETAINER (Details Narrative) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
Retainer | ||
Prepaid retainers, value | $ 7,264 | $ 1,181 |
SCHEDULE OF FIXED ASSETS (Detai
SCHEDULE OF FIXED ASSETS (Details) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
Property, Plant and Equipment [Abstract] | ||
Office furniture & computers | $ 11,917 | $ 11,917 |
Accumulated depreciation | (9,221) | (7,527) |
Net book value | $ 2,696 | $ 4,390 |
SCHEDULE OF INTANGIBLE ASSETS (
SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($) | Jun. 30, 2023 | Sep. 30, 2022 |
Goodwill and Intangible Assets Disclosure [Abstract] | ||
VoIP Intellectual property and patents | $ 1,552,416 | $ 1,552,416 |
Accumulated amortization | (1,291,316) | (1,187,666) |
Net book value | $ 261,100 | $ 364,750 |
INTANGIBLE ASSETS (Details Narr
INTANGIBLE ASSETS (Details Narrative) | 9 Months Ended |
Jun. 30, 2023 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible assets, useful life | 12 years |
SCHEDULE OF COMPENSATION PAID O
SCHEDULE OF COMPENSATION PAID OR ACCRUED TO KEY MANAGEMENT FOR SERVICES (Details) - USD ($) | 9 Months Ended | |
Jun. 30, 2023 | Jun. 30, 2022 | |
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||
Total fees paid | $ 55,661 | $ 89,600 |
Chief Executive Officer [Member] | ||
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||
Total fees paid | 12,161 | 47,500 |
Chief Financial Officer [Member] | ||
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||
Total fees paid | 13,500 | 13,500 |
Directors [Member] | ||
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items] | ||
Total fees paid | $ 30,000 | $ 28,600 |
RELATED PARTY TRANSACTIONS AN_3
RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT COMPENSATION (Details Narrative) - USD ($) | 9 Months Ended | ||
Jun. 30, 2023 | Jun. 30, 2022 | Sep. 30, 2022 | |
Related Party Transaction [Line Items] | |||
Prepaid expense current | $ 19,500 | ||
Accrued payable forgiven amount | 2,100 | ||
Gain on settlement of accrued payables | 59,420 | ||
Officers and Directors [Member] | |||
Related Party Transaction [Line Items] | |||
Prepaid expense current | $ 19,500 |
SUPPLEMENTAL CASH FLOW INFORM_2
SUPPLEMENTAL CASH FLOW INFORMATION (Details Narrative) - USD ($) | 9 Months Ended | |
Jun. 30, 2023 | Jun. 30, 2022 | |
Supplemental Cash Flow Elements [Abstract] | ||
Interest paid, net |
SHARE CAPITAL (Details Narrativ
SHARE CAPITAL (Details Narrative) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||||
Jul. 01, 2023 | May 31, 2023 | May 30, 2022 | Sep. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Sep. 30, 2022 | Apr. 24, 2023 | Apr. 23, 2023 | Apr. 16, 2021 | |
Class of Stock [Line Items] | ||||||||||
Common stock, shares authorized | 3,500,000,000 | 5,000,000,000 | 3,500,000,000 | |||||||
Common stock, par value | $ 0.001 | |||||||||
Common stock, shares issued | 1,986,997,863 | 2,847,547,588 | 1,986,997,863 | |||||||
Cash proceeds from private placement | $ 4,121,600 | $ 871,500 | ||||||||
Number of warrant, shares | 1,031,470,562 | 1,862,937,461 | 1,031,470,562 | 410,000,000 | ||||||
Number of options granted | 75,000,000 | 77,000,000 | ||||||||
Warrant exercise price | $ 0.001 | $ 0.005 | ||||||||
Shares issued, value | $ 84,661 | 101,600 | ||||||||
Shares issued | $ 361,250 | $ 4,121,600 | $ 871,500 | |||||||
Shares issued for services during period, shares | 9,000,000 | |||||||||
Shares issued for services during period | $ 101,600 | |||||||||
Stock options exercisable date of grant | 3 years 10 months 6 days | |||||||||
Cash | $ 4,000 | |||||||||
Directors Officers And Consultants [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of warrant, shares | 410,000,000 | 410,000,000 | ||||||||
Consultants and Advisors [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of options granted | 75,000,000 | 77,000,000 | 77,000,000 | |||||||
Consultants and Advisors One [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Treasury stock shares acquired | 11,850,000 | |||||||||
Two Vendors [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 1,977,523 | |||||||||
Warrant [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of warrant, shares | 831,466,899 | |||||||||
Common Stock [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 74,250,000 | 820,320,000 | 172,300,000 | |||||||
Number of warrant, shares | 410,000,000 | 831,466,899 | 621,470,562 | 621,470,562 | ||||||
Number of options granted | 831,466,899 | |||||||||
Warrant exercise price | $ 0.025 | $ 0.001 | $ 0.021 | |||||||
Number of shares issued for services | 14,500,000 | 9,000,000 | ||||||||
Shares issued, value | $ 14,500 | $ 9,000 | ||||||||
Shares issued | $ 74,250 | 820,320 | 172,300 | |||||||
Stock based compensation | $ 72,500 | |||||||||
Warrants expiration term | 5 years | 10 years | 10 years | |||||||
Common Stock [Member] | Directors Officers And Consultants [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of warrant, shares | 410,000,000 | 410,000,000 | ||||||||
Warrant exercise price | $ 0.025 | $ 0.025 | ||||||||
Warrants expiration term | 5 years | 5 years | ||||||||
Common Stock [Member] | Consultants and Advisors [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Share issued, price per share | $ 0.005 | $ 0.025 | ||||||||
Number of options granted | 75,000,000 | 77,000,000 | 77,000,000 | |||||||
Stock options exercisable date of grant | 5 years | 5 years | 5 years | |||||||
Common Stock [Member] | Consultants and Advisors One [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Share issued, price per share | $ 0.05 | $ 0.05 | ||||||||
Treasury stock shares acquired | 11,850,000 | |||||||||
Preferred Stock [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued for services | 475,000 | |||||||||
Shares issued, value | $ 1,216 | |||||||||
Shares issued | ||||||||||
Stock based compensation | $ 835 | |||||||||
Share to be Issued [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares to be issued for subscription | 1,977,523 | 10,000,000 | 1,977,523 | |||||||
Common stock shares subscriptions | $ 61,320 | $ 20,000 | $ 61,320 | |||||||
Private Placement [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 820,320,000 | 246,550,000 | ||||||||
Share issued, price per share | $ 0.005 | $ 0.005 | $ 0.005 | |||||||
Cash proceeds from private placement | $ 4,101,600 | $ 1,232,750 | ||||||||
Private Placement [Member] | Subsequent Event [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 75,400,000 | |||||||||
Share issued, price per share | $ 0.005 | |||||||||
Cash proceeds from private placement | $ 377,000 | |||||||||
Service [Member] | Subsequent Event [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 4,577,703 | |||||||||
Share issued, price per share | $ 0.005 | |||||||||
Convertible Preferred Stock [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Preferred stock, shares authorized | 1,000,000 | 1,000,000 | 1,000,000 | |||||||
Preferred stock, par value | $ 0.01 | |||||||||
Preferred stock, shares issued | 475,000 | 735,031 | 475,000 | |||||||
Series A Preferred Stock [Member] | ||||||||||
Class of Stock [Line Items] | ||||||||||
Number of shares issued | 138,420 | |||||||||
Number of shares issued for services | 121,611 | |||||||||
Shares issued, value | $ 12,161 | |||||||||
Shares issued | $ 138 |
SCHEDULE OF STOCK WARRANT TRANS
SCHEDULE OF STOCK WARRANT TRANSACTIONS (Details) - $ / shares | 9 Months Ended | 12 Months Ended |
Jun. 30, 2023 | Sep. 30, 2022 | |
Share-Based Payment Arrangement [Abstract] | ||
Number of warrants, beginning balance | 1,031,470,562 | 621,470,562 |
Weighted average exercise price, balance | $ 0.0023 | $ 0.001 |
Number of warrants issued | 831,466,899 | 410,000,000 |
Weighted average exercise price, issues | $ 0.001 | $ 0.005 |
Number of warrants, beginning balance | 1,862,937,461 | 1,031,470,562 |
Weighted average exercise price, balance | $ 0.0019 | $ 0.0023 |
SCHEDULE OF PURCHASE WARRANTS O
SCHEDULE OF PURCHASE WARRANTS OUTSTANDING (Details) - $ / shares | 9 Months Ended | ||
Jun. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2021 | |
Warrants outstanding | 1,862,937,461 | 1,031,470,562 | 621,470,562 |
Exercise price | $ 0.002 | ||
Remaining contractual term | 7 years 11 months 4 days | ||
Number of warrants currently exercisable | 1,862,937,461 | ||
Warrant One [Member] | |||
Warrants outstanding | 621,470,562 | ||
Exercise price | $ 0.001 | ||
Remaining contractual term | 7 years 9 months 14 days | ||
Number of warrants currently exercisable | 621,470,562 | ||
Warrant Two [Member] | |||
Warrants outstanding | 410,000,000 | ||
Exercise price | $ 0.005 | ||
Remaining contractual term | 3 years 11 months 1 day | ||
Number of warrants currently exercisable | |||
Warrant Three [Member] | |||
Warrants outstanding | 831,466,899 | ||
Exercise price | $ 0.001 | ||
Remaining contractual term | 10 years 3 days | ||
Number of warrants currently exercisable |
SCHEDULE OF STOCK OPTIONS TRANS
SCHEDULE OF STOCK OPTIONS TRANSACTIONS (Details) - $ / shares | 9 Months Ended | 12 Months Ended |
Jun. 30, 2023 | Sep. 30, 2022 | |
Share-Based Payment Arrangement [Abstract] | ||
Number of options, ending balance | 182,000,000 | 116,850,000 |
Weighted average exercise price, ending balance | $ 0.024 | $ 0.005 |
Number of options, granted | 75,000,000 | 77,000,000 |
Weighted average exercise price, granted | $ 0.005 | $ 0.005 |
Number of options, cancelled/expired | (15,000,000) | (11,850,000) |
Weighted average exercise price, cancelled/expired | $ 0.010 | $ 0.053 |
Number of options, exercised | (27,500,000) | |
Weighted average exercise price, exercised | $ 0.005 | |
Number of options, ending balance | 214,500,000 | 182,000,000 |
Weighted average exercise price, ending balance | $ 0.005 | $ 0.024 |
SCHEDULE OF STOCK OPTIONS OUTST
SCHEDULE OF STOCK OPTIONS OUTSTANDING (Details) - $ / shares | 9 Months Ended | ||
Jun. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2021 | |
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items] | |||
Options outstanding | 214,500,000 | 182,000,000 | 116,850,000 |
Exercise price | $ 0.005 | $ 0.024 | $ 0.005 |
Remaining contractual life | 3 years 10 months 6 days | ||
Number of options currently exercisable | 208,000,000 | ||
Range 1 [Member] | |||
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items] | |||
Options outstanding | 82,500,000 | ||
Exercise price | $ 0.005 | ||
Remaining contractual life | 2 years 9 months 25 days | ||
Number of options currently exercisable | 82,500,000 | ||
Range 2 [Member] | |||
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items] | |||
Options outstanding | 57,000,000 | ||
Exercise price | $ 0.005 | ||
Remaining contractual life | 3 years 11 months 1 day | ||
Number of options currently exercisable | 57,000,000 | ||
Range 3 [Member] | |||
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items] | |||
Options outstanding | 75,000,000 | ||
Exercise price | $ 0.005 | ||
Remaining contractual life | 4 years 11 months 1 day | ||
Number of options currently exercisable | 68,500,000 |
STOCK-BASED COMPENSATION (Detai
STOCK-BASED COMPENSATION (Details Narrative) | 9 Months Ended | 12 Months Ended | |||||||||
May 31, 2023 $ / shares shares | Apr. 24, 2023 shares | May 30, 2022 USD ($) $ / shares shares | Apr. 23, 2021 $ / shares shares | Apr. 16, 2021 USD ($) $ / shares shares | Jun. 30, 2023 USD ($) $ / shares shares | Jun. 30, 2022 USD ($) | Sep. 30, 2022 USD ($) shares | Sep. 30, 2021 USD ($) | Apr. 23, 2023 $ / shares shares | Apr. 12, 2021 $ / shares shares | |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Vested and re-priced per share | 410,000,000 | 1,862,937,461 | 1,031,470,562 | ||||||||
Exercise price | $ / shares | $ 0.001 | $ 0.005 | |||||||||
Warrants granted | 831,466,899 | 410,000,000 | |||||||||
Warrants exercise price | $ / shares | $ 0.046 | ||||||||||
Additional paid-in capital | $ | $ 15,995,229 | $ 130,000 | $ 10,561 | $ 105,571 | |||||||
Weighted average fair value | $ / shares | $ 0.036 | ||||||||||
Compensation cost | $ | $ 19,998,706 | $ 2,326,772 | |||||||||
Number of options granted | 75,000,000 | 77,000,000 | |||||||||
Stock options exercisable date of grant | 3 years 10 months 6 days | ||||||||||
Risk-free rate | 374% | 360% | 384% | ||||||||
Expected life (in years) | 5 years | 4 years 1 month 6 days | 3 years | ||||||||
Volatility percentage | 14,852% | 17,416% | 16,915% | ||||||||
Dividend rate | 0% | 0% | 0% | ||||||||
Stock options replace | $ | $ 15,000,000 | ||||||||||
Expected life | 5 years | ||||||||||
Consultants and Advisors [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Number of options granted | 75,000,000 | 77,000,000 | 77,000,000 | ||||||||
Directors Officers Employees Consultants and Advisors [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Number of options granted | 90,000,000 | ||||||||||
Incentive Stock Option Plan [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Percentage of issued and outstanding share capital | 10% | ||||||||||
Stock Option Plan [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Compensation cost | $ | $ 3,338,366 | ||||||||||
Number of options granted | 15,000,000 | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares | 68,500,000 | 68,500,000 | |||||||||
Stock Option Plan [Member] | May 31, 2025 [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares | 3,500,000 | ||||||||||
Stock Option Plan [Member] | May 31, 2024 [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares | 3,000,000 | ||||||||||
May Thirty Tenty Twenty Two Stock Option Grant [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Compensation cost | $ | $ 183,385 | $ 2,167,042 | |||||||||
Options Held [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Compensation cost | $ | $ 15,995,229 | ||||||||||
Minimum [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Vested and re-priced per share | 0.025 | 0.025 | 0.021 | ||||||||
Exercise price | $ / shares | $ 0.025 | $ 0.021 | |||||||||
Maximum [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Vested and re-priced per share | 0.005 | 0.005 | 0.005 | ||||||||
Exercise price | $ / shares | $ 0.005 | $ 0.001 | |||||||||
Common Stock [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Vested and re-priced per share | 410,000,000 | 621,470,562 | 831,466,899 | 621,470,562 | |||||||
Exercise price | $ / shares | $ 0.025 | $ 0.021 | $ 0.001 | ||||||||
Warrants term | 5 years | 10 years | 10 years | ||||||||
Number of options granted | 831,466,899 | ||||||||||
Common Stock [Member] | Consultants and Advisors [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Number of options granted | 75,000,000 | 77,000,000 | 77,000,000 | ||||||||
Shares issued price per share | $ / shares | $ 0.005 | $ 0.025 | |||||||||
Stock options exercisable date of grant | 5 years | 5 years | 5 years | ||||||||
Vesting rights, description | the first 50% vesting on the date of the option grant and the remaining 50% vesting on May 30, 2023. | ||||||||||
Common Stock [Member] | Directors Officers Employees Consultants and Advisors [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Number of options granted | 90,000,000 | ||||||||||
Shares issued price per share | $ / shares | $ 0.025 | ||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | 5 years | ||||||||||
Warrant [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Vested and re-priced per share | 831,466,899 | ||||||||||
Warrants granted | 410,000,000 | ||||||||||
Weighted average fair value | $ / shares | $ 0.039 | ||||||||||
Warrants issued | 621,470,562 | ||||||||||
Warrant [Member] | Measurement Input, Risk Free Interest Rate [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Warrants measurement input | 3.81 | 3.60 | 4.78 | ||||||||
Warrant [Member] | Measurement Input, Expected Term [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Warrants term | 10 years | 4 years 1 month 6 days | 7 years 11 months 26 days | ||||||||
Warrant [Member] | Measurement Input, Price Volatility [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Warrants measurement input | 143.75 | 174.16 | 169.15 | ||||||||
Warrant [Member] | Measurement Input, Expected Dividend Rate [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Warrants measurement input | 0 | 0 | 0 | ||||||||
Additional Paid-in Capital [Member] | |||||||||||
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] | |||||||||||
Additional paid in capital from the modification | $ | $ 235,456 |
CONTINGENT LIABILITIES (Details
CONTINGENT LIABILITIES (Details Narrative) | 12 Months Ended |
Sep. 30, 2019 shares | |
Bonus Shares [Member] | |
Loss Contingencies [Line Items] | |
Number of restricted shares issued | 30,000,000 |
Board of Directors [Member] | |
Loss Contingencies [Line Items] | |
Performance bonus percent | 66.67% |
Board of Directors [Member] | Maximum [Member] | |
Loss Contingencies [Line Items] | |
Performance bonus percent | 1,000% |
Director and Several Consultants [Member] | Bonus Shares [Member] | |
Loss Contingencies [Line Items] | |
Shares issued for private placement, shares | 127,000,000 |