Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 179

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 179
---
 significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matters

Critical audit matters are matters arising from
the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and
that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,
subjective, or complex judgments. We determined that there are no critical audit matters.

We have served as the Company’s auditor
since 2004.

EISNERAMPER LLP

Fort Lauderdale, Florida

March 27, 2025

 11 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share amounts)

    December 31, 

    2024  
    2023 
  
    Assets 

    Current assets 

    Cash and cash equivalents 
    $1,440  
    $125 
  
    Investments 
     914  
     3,144 
  
    Prepaid expenses and other current assets 
     84  
     97 
  
    Total current assets 
     2,438  
     3,366 

    Other assets 
     8  
     8 
  
    Total assets 
    $2,446  
    $3,374 

    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 

    Accum