World Health Energy Holdings Files 2023 Annual Report

TL;DR

WHEH filed its 2023 10-K, confirming compliance. No major financial details yet, but it's filed.

AI Summary

World Health Energy Holdings, Inc. filed its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Delaware and its principal executive offices are located in Boca Raton, Florida. Its common stock is registered under Section 12(g) of the Exchange Act, but no securities are registered under Section 12(b). The filing confirms the company has met its reporting requirements for the preceding 12 months and the past 90 days.

Why It Matters

This 10-K filing provides a comprehensive overview of World Health Energy Holdings, Inc.'s financial performance and operational status for the fiscal year 2023, crucial for investors assessing the company's health.

Risk Assessment

Risk Level: low — The filing is a standard annual report and does not contain immediate red flags or significant new disclosures that would indicate a high risk.

Key Players & Entities

• WORLD HEALTH ENERGY HOLDINGS, INC. (company) — Registrant
• December 31, 2023 (date) — Fiscal Year End
• Delaware (jurisdiction) — State of Incorporation
• Boca Raton, FL (location) — Principal Executive Offices
• 561-870-0440 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.0007 — e Exchange Act: Common Stock, par value $0.0007 Indicate by check mark if the registr
• $0.00001 — he registrant's common stock, par value $0.00001 per share, were outstanding. The aggreg
• $172.32 billion — services market size was valued at USD $172.32 billion in 2023 and is expected to expand at a
• $424.97 billion — ojected to grow from billion in 2023 to $424.97 billion in 2030, at a CAGR of 4.51% 2 during th
• $151,015 — ew and recorded an impairment charge of $151,015. 1 Grand View Research, from https://w
• $3 million — by way of an equity investment of up to $3 million through August 2025, as needed. The agr
• $0.0003 — r share purchase prices ranging between $0.0003 and $0.0005. As of the date of this rep
• $0.0005 — hase prices ranging between $0.0003 and $0.0005. As of the date of this report, we have
• $1,700,000 — eport, we have received an aggregate of $1,700,000 from Mr. Baumeohl Competition Our m

Filing Documents

• form10-k.htm (10-K) — 1798KB
• ex10-5.htm (EX-10.5) — 15KB
• ex-31.htm (EX-31) — 12KB
• ex-32.htm (EX-32) — 7KB
• form10-k_001.jpg (GRAPHIC) — 14KB
• form10-k_002.jpg (GRAPHIC) — 10KB
• ex10-5_001.jpg (GRAPHIC) — 337KB
• ex10-5_002.jpg (GRAPHIC) — 494KB
• ex10-5_003.jpg (GRAPHIC) — 525KB
• ex10-5_004.jpg (GRAPHIC) — 476KB
• ex10-5_005.jpg (GRAPHIC) — 527KB
• ex10-5_006.jpg (GRAPHIC) — 486KB
• ex10-5_007.jpg (GRAPHIC) — 359KB
• ex10-5_008.jpg (GRAPHIC) — 528KB
• ex10-5_009.jpg (GRAPHIC) — 474KB
• ex10-5_010.jpg (GRAPHIC) — 461KB
• ex10-5_011.jpg (GRAPHIC) — 376KB
• ex10-5_012.jpg (GRAPHIC) — 419KB
• ex10-5_013.jpg (GRAPHIC) — 443KB
• ex10-5_014.jpg (GRAPHIC) — 240KB
• ex10-5_015.jpg (GRAPHIC) — 124KB
• ex10-5_016.jpg (GRAPHIC) — 22KB
• ex10-5_017.jpg (GRAPHIC) — 52KB
• 0001493152-24-014665.txt ( ) — 16259KB
• when-20231231.xsd (EX-101.SCH) — 48KB
• when-20231231_cal.xml (EX-101.CAL) — 74KB
• when-20231231_def.xml (EX-101.DEF) — 243KB
• when-20231231_lab.xml (EX-101.LAB) — 448KB
• when-20231231_pre.xml (EX-101.PRE) — 378KB
• form10-k_htm.xml (XML) — 1034KB

Business

Business 4 Item 1A.

Risk Factors

Risk Factors 12 Item 1B. Unresolved Staff Comments 24 Item 1C. Cybersecurity 25 Item 2.

Properties

Properties 25 Item 3.

Legal Proceedings

Legal Proceedings 25 Item 4. Mine Safety Disclosures 25 Part II 26 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 26 Item 6.

Selected Financial Data

Selected Financial Data 27 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 27 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 33 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 33 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 33 Item 9A.

Controls and Procedures

Controls and Procedures 34 Item 9B. Other Information 34 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 34 Part III 35 Item 10. Directors, Executive Officers and Corporate Governance 35 Item 11.

Executive Compensation

Executive Compensation 38 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 40 Item 13. Certain Relationships and Related Transactions, and Director Independence 42 Item 14. Principal Accountant Fees and Services 42 Part IV 43 Item 15. Exhibits and Financial Statement Schedules 43 Item 16. Form 10-K Summary 43

Signatures

Signatures 44 2 CAUTIONARY NOTE REGARING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K contains information that includes or is based upon forward-looking statements. The Securities and Exchange Commission (the "SEC") encourages companies to disclose forward-looking information so that investors can better understand a company's future prospects and make informed investment decisions. These statements often can be identified by the fact that they do not relate strictly to historical or current facts. They typically use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "should," "will" and similar expressions with similar meaning in connection with any discussion of the Company's future operating or financial performance. Forward-looking could differ materially from those expressed or implied in forward-looking statements. Forward-looking statements are based on current expectations and the current economic environment. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors that are difficult to predict. We caution that these factors could cause our actual results of operations and financial condition to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we

Business

Business insurance d. Travel Services (in cooperation with local partner) a. Roaming b. Travel insurance e. Financial service (in cooperation with local partner) a. Currency exchange f. OTOGRAPH Cybersecurity (WHEN solutions) a. Employee monitoring b. Employee surveys with soft data analysis c. Customer interaction profiling d. Emotional intelligence navigator e. Fence against digital intruder f.

Business

Business insurance g. Asset Management (Instaview solutions) a. GPS tracker on assets in transport and remote locations 8 That will meet demanding and ever-changing needs of customers, from large enterprises to individual consumer providing opportunities for rapid top-line growth. The key word in all sales activities is "cross-selling" Sales and Marketing We currently license the vast majority of our products and services thru a global network of resellers and distributors that we refer to as our channel partners. Only CrossMobile has a dedicated direct sales strategy. Our channel partners identify potential sales targets, maintain relationships with customers and introduce new products to existing customers. Sales to our channel partners are generally subject to our standard, non-exclusive channel partner agreement. Research and Development Our research and development efforts are focused primarily on improving and enhancing our existing products, as well as developing new products, features and functionality. Use of our products has expanded from data governance into areas such as data security, privacy, accessibility and retention, and we anticipate that customers and innovation will drive functionality into additional areas. We regularly release new versions of our products which incorporate new features and enhancements to existing ones. We conduct substantially all of our research and development activities in Israel, and we believe this provides us with access to world-class engineering talent. In addition, we continue to seek opportunities to extend our technological capabilities and grow our business from strategic technological tuck-in acquisitions. 9 Intellectual Property We attempt to protect our technology and the related intellectual property under trade secret laws, confidentiality procedures and contractual provisions. No single intellectual property right is solely responsible for protecting our products. The nature and ext

View Full Filing

View this 10-K filing on SEC EDGAR