World Health Energy Holdings Files Q3 2024 10-Q
Ticker: WHEN · Form: 10-Q · Filed: Nov 19, 2024 · CIK: 943535
| Field | Detail |
|---|---|
| Company | World Health Energy Holdings, Inc. (WHEN) |
| Form Type | 10-Q |
| Filed Date | Nov 19, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, software
TL;DR
WHEH filed its Q3 10-Q. Software company, formerly pharma. Check financials.
AI Summary
World Health Energy Holdings, Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Advanced Plant Pharmaceuticals Inc., is based in Boca Raton, Florida, and operates in the prepackaged software industry. The filing covers the third quarter and the first nine months of 2024.
Why It Matters
This filing provides investors with an update on the financial performance and operational status of World Health Energy Holdings, Inc. during the third quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly filing and does not contain immediate red flags or significant new risks.
Key Numbers
- Q3 2024 — Reporting Period (The filing covers the third quarter of 2024.)
- Nine Months 2024 — Year-to-Date Period (The filing also covers the first nine months of 2024.)
Key Players & Entities
- WORLD HEALTH ENERGY HOLDINGS, INC. (company) — Filer
- ADVANCED PLANT PHARMACEUTICALS INC (company) — Former company name
- BOCA RATON (location) — Business address city
- 20240930 (date) — Period of report
- 20241119 (date) — Filing date
FAQ
What is the primary business of World Health Energy Holdings, Inc. as indicated in this filing?
The filing indicates the company's Standard Industrial Classification is 'SERVICES-PREPACKAGED SOFTWARE [7372]'.
When was the company's name changed?
The company's name was changed from ADVANCED PLANT PHARMACEUTICALS INC on June 22, 1999.
What is the fiscal year end for World Health Energy Holdings, Inc.?
The fiscal year end for the company is December 31.
Where is the company's principal business located?
The company's business address is located in Boca Raton, Florida.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending September 30, 2024.
Filing Stats: 4,559 words · 18 min read · ~15 pages · Grade level 17.8 · Accepted 2024-11-19 16:15:27
Filing Documents
- form10-q.htm (10-Q) — 911KB
- ex31-1.htm (EX-31.1) — 12KB
- ex32-1.htm (EX-32.1) — 6KB
- 0001493152-24-046818.txt ( ) — 3799KB
- when-20240930.xsd (EX-101.SCH) — 21KB
- when-20240930_cal.xml (EX-101.CAL) — 43KB
- when-20240930_def.xml (EX-101.DEF) — 99KB
- when-20240930_lab.xml (EX-101.LAB) — 277KB
- when-20240930_pre.xml (EX-101.PRE) — 204KB
- form10-q_htm.xml (XML) — 486KB
– Financial Statements – Unaudited
Item 1 – Financial Statements – Unaudited 4 Condensed Interim Consolidated Balance Sheets – September 30, 2024 and December 31, 2023 5 Condensed Interim Consolidated Statements of Comprehensive loss for the nine and three months ended September 30, 2024 and 2023 6 Condensed Interim Consolidated Statement of Changes in Stockholders' Deficit for the three and nine months ended September 30, 2024 and 2023 7 Condensed Interim Consolidated Statements of Cash Flows for the nine months ended September 30, 2024 and 2023 9 Notes to Condensed Consolidated Financial Statements 10
– Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2 – Management's Discussion and Analysis of Financial Condition and Results of Operations 17
– Quantitative and Qualitative Disclosures About Market Risk
Item 3 – Quantitative and Qualitative Disclosures About Market Risk 28
– Controls and Procedures
Item 4 – Controls and Procedures 28
– Legal Proceedings
Item 1 – Legal Proceedings 29
– Risk Factors
Item 1A – Risk Factors 29
– Unregistered Sales of Equity Securities and Use of Proceeds
Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds 29
– Defaults upon Senior Securities
Item 3 – Defaults upon Senior Securities 29
– Mine Safety Disclosures
Item 4 – Mine Safety Disclosures 29
– Other Information
Item 5 – Other Information 29
– Exhibits
Item 6 – Exhibits 30 Exhibit Index 30
SIGNATURES
SIGNATURES 31 2 WORLD HEALTH ENERGY HOLDINGS, INC. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 (UNAUDITED) 3 WORLD HEALTH ENERGY HOLDINGS, INC. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 IN U.S. DOLLARS (UNAUDITED) TABLE OF CONTENTS Page CONDENSED CONSOLIDATED FINANCIAL STATEMENTS: Interim Condensed Consolidated Balance Sheets 5 Interim Condensed Consolidated Statements of Comprehensive Loss 6 Interim Condensed Consolidated Statements of Stockholders' Equity 7 Interim Condensed Consolidated Statements of Cash Flows 9 Notes to Interim Condensed Consolidated Financial Statements 10 - 16 4 WORLD HEALTH ENERGY HOLDINGS, INC. CONDENSED INTERIM CONSOLIDATED BALANCE SHEETS (U.S. dollars except share and per share data) September 30, December 31, 2024 2023 Assets Current Assets Cash and cash equivalents 59,671 46,435 Accounts receivable, net of allowance for credit losses of $ 2,842 and $ 7,545 as of September 30, 2024 and December 31, 2023, respectively 23,824 51,011 Inventory 20,935 4,699 Other current assets 283,787 148,749 Total Current assets 388,217 250,894 Non-current assets Operating lease right-of-use asset 127,504 116,548 Long term prepaid expenses 24,925 25,496 Property and equipment, net 45,316 55,473 Funds in respect of employee rights upon termination 50,819 56,558 Investment in non-consolidated entity (note 3(ii)) 911,379 - Intangible assets 14,693,958 9,693,958 Total non-current assets 15,853,901 9,948,033 Total assets 16,242,118 10,198,927 Liabilities and Stockholders' Equity Current Liabilities Short term credit 212,617 - Accounts payable 73,493 106,964 Short term operating lease liability 88,463 56,245 Other current liabilities 741,782 554,928 Total Current Liabilities 1,116,355 718,137 Non-current Liabilities Liability for employee rights upon retirement 243,090