Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 266

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 6
Chunk 266
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 Inputs (Level 3) 

    Investments in U.S. Treasury bills 
    $2,409  
    $-  
    $2,409  
     - 
  
    Investments in Mutual Funds 
     735  
     735  
     -  
     - 
  
    Total 
    $3,144  
     735  
    $2,409  
     - 

 18 

WRIGHT INVESTORS’ SERVICE HOLDINGS, INC.

Notes to Consolidated Financial Statements

December 31, 2024

Investments
in equity securities as of December 31, 2024 are summarized by type below (in thousands).

     Cost  
    Gross Unrealized
    Gains  
    Gross Unrealized
    Losses  
    Fair Value 
  
    Mutual Funds 
     914  
     -  
     -  
     914 
  
    Total 
    $914  
    $-  
    $-  
    $914 

Investments
in debt and equity securities as of December 31, 2023 are summarized by type below (in thousands). 

    Amortized Cost / Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Fair Value 
  
    U.S. Treasury bills 
    $2,369  
    $40  
    $-  
    $2,409 
  
    Mutual Funds 
     735  
     -  
     -  
     735 
  
    Total 
    $3,104  
    $40  
    $-  
    $3,144 

The
Company may be exposed to credit losses through its available-for-sale investments. An available-for-sale security is impaired when
its fair value declines below its amortized cost basis. Unrealized losses resulting from the amortized cost basis of any available-for-sale
debt security exceeding its fair value are evaluated for identification of credit losses. When evaluating the investments for impairment
at each reporting period, the Company reviews factors such as the extent of the unrealized loss, historical losses, current and future
economic market conditions, and financial condition of the issuer. As of December 31, 2024, the Company has not recognized an allowance
for expected credit losses related to its available-for-sale securities as the Company has not