Company: IWSH
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001214659-25-011922
Chunk: 11

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 11
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 for 12 months thereafter.  As
a consequence, among other things, the offering, issuance and sale of our securities is likely to be more expensive and time consuming
and may make our securities less attractive to investors.

The Company’s
Board of Directors is considering strategic uses for its funds to develop or acquire interests in one or more operating businesses.  While
we have focused our development or acquisition efforts on sectors in which our management has expertise, we do not wish to limit ourselves
to, or to foreclose any opportunities in, any particular industry or sector.  Prior to this use, the Company’s funds have
been, and we anticipate will continue to be, invested in high-grade, short-term investments (such as cash and cash equivalents, U.S. Treasury
Bills and mutual funds) consistent with the preservation of principal, maintenance of liquidity and avoidance of speculation, until such
time as we need to utilize such funds, or any portion thereof, for the purposes described above. The directors will also consider
alternatives for distributing some or all of its cash and cash equivalents and Investments in U.S. Treasury Bills and mutual funds
to stockholders.

Results of operations

Three months ended June 30, 2025 compared to the three months
ended June 30, 2024

For the three months ended June 30, 2025, the
Company had a loss from operations of $244,000 compared to a loss from operations of $233,000 for the three months ended June 30, 2024.

The increased loss from operations of $11,000
was primarily a result of a decrease in Interest and other income, net of $22,000, offset by a decrease in Compensation and benefits of
$2,000, and a decrease in Other operating expenses of $9,000 for the three months ended June 30, 2024.

Compensation and benefits

For the three months ended June 30, 2025, Compensation
and benefits were $113,000 as compared to $115,000 for the three months ended June 30, 2024.

 10 

Other operating expenses

For the three months ended June 30, 2025, Other
operating expenses were $145,000 as compared to $154,000 for the three months ended June 30, 2024. The decreased other operating expenses
of $9,000 was primarily the result of decreased travel and entertainment expenses of