Company: IWSH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001214659-25-016507
Chunk: 15

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 15
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, 2024 

    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 September 30, 2025 are summarized by type below (in thousands).

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Fair Value 
  
    Mutual Funds 
    $1,478  
    $-  
    $-  
    $1,478 
  
    Total 
    $1,478  
    $-  
    $-  
    $1,478 

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 September 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 nine months ended September 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 September 30