Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 331

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 8
Chunk 331
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 Liabilities and stockholders’ equity 

    Current liabilities 

    Accounts payable and accrued expenses 
     115  
     83 
  
    Total current liabilities 
     115  
     83 

    Total liabilities 
     115  
     83 

    Commitments and Contingencies – Note 8 

    Stockholders’ equity 

    Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued 

    Common stock, par value $0.01 per share, authorized 30,000,000 shares; issued 21,628,680 as of December 31, 2024 and 2023; outstanding 20,620,711 as of December 31, 2024 and 2023. 
     216  
     216 

    Additional paid-in capital 
     34,392  
     34,392 

    Accumulated deficit 
     (30,530) 
     (29,610)

    Accumulated other comprehensive income 
     -  
     40 

    Treasury stock, at cost (1,007,969 shares at December 31, 2024 and 2023) 
     (1,747) 
     (1,747)

    Total stockholders' equity 
     2,331  
     3,291 

    Total liabilities and stockholders’ equity 
    $2,446  
    $3,374 

See accompanying notes to consolidated financial
statements.

 12 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share amounts)

    Years Ended December 31, 

    2024  
    2023 
  
    Expenses 

    Compensation and benefits 
    $452  
    $458 
  
    Other operating 
     627  
     714 
  
     Total operating expenses 
     1,079  
     1,172 

    Loss from operations 
     (1,079) 
     (1,172)
  
    Interest and other income, net 
     159  
     166 
  
    Net loss 
    $(920) 
    $(1,006)

    Basic and diluted weighted average common shares outstanding 
     20,620,711