Replies to post #128340 on Voip Pal Com Inc (VPLM)

[ORCA]

NET LOSS
The Company reported a net loss of $23,109,009 for the year ended September 30, 2023 compared to a net loss of $3,692,416 for the year ended September 30, 2022. The increase in net loss of $19,416,593 or 526% more than the previous year was primarily due to an increase in stock-based compensation and legal and professional fees.