Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 310

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 310
---

     8  
     -  
     8 
  
    Stock based compensation expense to directors 
     285,000  
     3  
     (3) 
     -  
     -  
     -  
     - 
  
    Balance at December 31, 2023 
     21,628,680  
    $216  
    $34,392  
    $(29,610) 
    $40  
    $(1,747) 
    $3,291 
  
    Net loss 
     -  
     -  
     -  
     (920) 
     -  
     -  
     (920)
  
    Other comprehensive loss 
     -  
     -  
     -  
     -  
     (40) 
     -  
     (40)
  
    Balance at December 31, 2024 
     21,628,680  
    $216  
    $34,392  
    $(30,530) 
    $-  
    $(1,747) 
    $2,331 

See accompanying notes to consolidated financial
statements.

 15 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

    Years Ended December 31, 

    2024  
    2023 
  
    Cash flows from operating activities 

    Net loss 
    $(920) 
    $(1,006)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Realized gain on investments 
     (63) 
     (6)
  
    Changes in other operating items: 

    Income tax receivable 
     -  
     73 
  
    Prepaid expenses and other current assets 
     13  
     3 
  
    Accounts payable and accrued expenses 
     32  
     (29)
  
    Net cash used in operating activities 
     (938) 
     (965)

    Cash flows from investing
activities 

    Proceeds from redemptions of investments 
     4,257  
     1,735 
  
    Purchase of investments 
     (2,004) 
     (