Company: IWSH
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001214659-25-011922
Chunk: 31

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 31
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    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 June 30, 2025 are summarized by type below (in thousands).

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Fair Value 
  
    Mutual Funds 
    $1,464  
    $-  
    $-  
    $1,464 
  
    Total 
    $1,464  
    $-  
    $-  
    $1,464 

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 

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 June 30, 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.

 8 

6.Income taxes

No tax benefit
has been recorded in relation to the pre-tax loss for the three and six months ended June 30, 2025 and 2024, due to a full valuation allowance
to offset any deferred tax asset related to net operating loss carry forwards attributable to the losses. As of June 30, 2025, the