Company: IWSH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001214659-25-007745
Chunk: 1

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 1
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financial statements.

 1 

 Table of Contents

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share amounts)

    Three Months Ended March 31, 

    2025  
    2024 

    Expenses 

    Compensation and benefits 
    $115  
    $113 
  
    Other operating 
     172  
     172 
  
    Total operating expenses 
     287  
     285 
  
    Loss from operations 
     (287) 
     (285)
  
    Interest and other income, net 
     31  
     66 
  
    Net loss 
    $(256) 
    $(219)

    Basic and diluted weighted average common shares outstanding 
     20,620,711  
     20,620,711 
  
    Basic and diluted loss per share 
    $(0.01) 
    $(0.01)

See accompanying notes to condensed consolidated
financial statements.

 2 

 Table of Contents

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE
LOSS

(unaudited)

(in thousands)

    Three Months Ended March 31, 

    2025  
    2024 

    Net loss 
    $(256) 
    $(219)
  
    Other comprehensive loss: 

     Unrealized holding gain on available for sale securities 
     -  
     16 
  
    Reclassification adjustment for gains realized in net loss 
     -  
     (56)
  
    Total other comprehensive loss 
    $-  
    $(40)
  
    Comprehensive loss 
    $(256) 
    $(259)

See accompanying notes to condensed consolidated
financial statements.

 3 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES
IN STOCKHOLDERS' EQUITY

THREE MONTHS ENDED MARCH 31, 2025 and 2024

(UNAUDITED)

(in thousands, except per share data)

    Accumulated  
       
    Total 

    Additional  
       
    other  
    Treasury  
    stock- 

    Common stock
    (Issued)  
    paid