WORLD HEALTH ENERGY HOLDINGS, INC. SEC 10-Q Report

World Health Energy Holdings, Inc. (WHEN), a company operating in the global telecom and cybersecurity technology field, has released its Q3 2023 10-Q report. The report highlights significant financial and operational developments, reflecting the company's ongoing efforts to expand its market presence and enhance its product offerings.

Financial Highlights

Revenues: $55,101,000. The increase in revenues is primarily attributable to the growth in telecom services provided through Cross Mobile and the continuous increase in the number of signed-up customers.

Gross Profit: $51,165,000. This reflects an improvement from a gross loss in the previous period, indicating better cost management.

Operating Loss: $726,528,000. The operating loss decreased compared to the previous period, primarily due to reduced general and administrative expenses.

Net Loss: $1,282,485,000. The net loss increased slightly compared to the previous period, mainly due to increased financing expenses.

Net Loss Attributable to the Company’s Stockholders: $1,221,231,000. This reflects the portion of net loss attributable to the company's shareholders, showing a slight increase from the previous period.

Business Highlights

Cybersecurity and Telecom Operations: World Health Energy Holdings (WHEN) operates in the global telecom and cybersecurity technology field through its subsidiaries RNA Ltd. and CrossMobile Sp z o.o. RNA focuses on cybersecurity solutions, while CrossMobile operates as a mobile virtual network operator (MVNO) in Poland, licensed to provide telecom services throughout Europe.

Acquisition of CrossMobile: In 2022, WHEN acquired a 51% stake in CrossMobile, enhancing its presence in the European mobile telecom market. CrossMobile plans to roll out value-added services for B2B and B2C customers, integrating advanced cybersecurity solutions into its offerings.

Acquisition of Instaview: In February 2023, WHEN acquired a 26% stake in Instaview Ltd., a company specializing in AI-based image processing systems and thermal cameras. This acquisition aims to expand WHEN's capabilities in security and monitoring solutions.

AI-Powered Vision Platform: WHEN is developing Neural Nexus, an AI-powered protective intelligence platform that integrates telecommunications infrastructure, advanced cybersecurity, and behavioral analytics. This platform aims to provide predictive intelligence for both enterprise and consumer markets.

Product Offerings: WHEN's product offerings include Cyber Care, focusing on cybersecurity solutions, and Mobile Telecom GSM, which combines telecom services with cybersecurity features. These offerings target both commercial enterprises (B2B) and individual users (B2C).

B2B Cybersecurity Solutions: The OTOGRAPH system, launched in 2021, provides comprehensive cybersecurity and information security solutions for businesses. It includes real-time monitoring and analysis of online behavior, applications, and system activities to detect and prevent cyber threats.

B2C Cybersecurity Solutions: The Parental System offers parents tools to monitor their children's online behavior, providing alerts for potential threats such as cyberbullying and identity theft. It analyzes behavioral patterns to detect changes that may indicate risks.

Telecom Market Strategy: CrossMobile has signed up approximately 10,000 pre-paid contract subscribers and plans to build a strong telecom brand with competitive pricing and a product mix that includes AI and cybersecurity solutions. The strategy includes expanding into North Africa, the USA, and Europe by 2026.

Expansion in the United States: WHEN is expanding its operations in the U.S., focusing on marketing its B2B and B2C product portfolio. The U.S. market entry will serve as a launchpad for global deployment, with plans to increase marketing activities and establish strategic partnerships.

Future Outlook: WHEN intends to accelerate market penetration and expand strategic partnerships, positioning Neural Nexus as a foundation for next-generation protective intelligence worldwide. The company plans to raise additional capital to support its growth and operational expansion.

SEC Filing: WORLD HEALTH ENERGY HOLDINGS, INC. [ WHEN ] - 10-Q - Aug. 14, 2025