Company: IWSH
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001214659-25-011922
Chunk: 4

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 4
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    Purchase of investments 
     (574) 
     (554)
  
    Net cash (used in) provided by investing activities 
     (550) 
     2,656 

    Net (decrease) increase in cash and cash equivalents 
     (1,046) 
     2,207 
  
    Cash and cash equivalents at the beginning of the period 
     1,440  
     125 
  
    Cash and cash equivalents at the end of the period 
    $394  
    $2,332 

    Supplemental disclosures of cash flow information 

    Unrealized loss on available for sale securities 
    $-  
    $(40)

See accompanying notes to condensed consolidated
financial statements. 

 5 

WRIGHT INVESTORS’ SERVICE HOLDINGS, INC.

Notes to Condensed Consolidated Financial Statements

June 30, 2025 and 2024

(unaudited)

1.Basis of presentation and description of activities

Basis of presentation

The accompanying interim financial statements
have been prepared in conformity with accounting principles generally accepted in the United States of America for interim financial information
and with the instructions to Form 10-Q and Article 8 of Regulation S-X.  The information and note disclosures normally included
in complete financial statements have been condensed or omitted pursuant to such rules and regulations.  The Condensed Consolidated
Balance Sheet as of December 31, 2024 has been derived from audited financial statements. These financial statements should be read in
conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2024 as presented in
our Annual Report on Form 10-K. In the opinion of management, this interim information includes all material adjustments, which are of
a normal and recurring nature, necessary for a fair presentation. The results for the 2025 interim period are not necessarily indicative
of results to be expected for the entire year.

Description of activities

Wright Investors’
Service Holdings, Inc. (the “Company”) has nominal operations and nominal assets aside from its cash and cash equivalents
and investments in U.S. Treasury Bills and mutual funds, and is therefore considered a shell company, as defined in U.S. securities laws
and regulations. The Company is not engaged in the business of investing, reinvesting, or trading in securities, and it does not hold
itself out as being engaged