Company: IWSH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001214659-25-007745
Chunk: 22

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 22
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 in Mutual Funds 
    $1,450  
    $1,450  
    $-  
    $- 

    Fair Value Measurements as
                                            of December 31, 2024 

    Total  
    Quoted Prices in Active Markets for Identical Assets (Level 1)  
    Significant Other Observable Inputs (Level 2)  
    Significant Unobservable Inputs (Level 3) 
  
    Investments in Mutual Funds 
    $914  
    $914  
    $-  
    $- 

Investments
in equity securities as of March 31, 2025 are summarized by type below (in thousands).

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Fair Value 
  
    Mutual Funds 
    $1,450  
    $-  
    $-  
    $1,450 
  
    Total 
    $1,450  
    $-  
    $-  
    $1,450 

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 

 8 

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 March 31, 2025, the Company has not recognized an allowance
for expected credit losses related to its available-for-sale securities as the Company has not identified any unrealized losses for these
investments attributable to credit factors.

6.Income taxes

 No tax benefit
has been recorded in relation to the pre-tax loss for the three months ended March 31,