Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 180

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 180
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ulated deficit 
     (30,530) 
     (29,610)

    Accumulated other comprehensive income 
     -  
     40 

    Treasury stock, at cost (1,007,969 shares at December 31, 2024 and 2023) 
     (1,747) 
     (1,747)

    Total stockholders' equity 
     2,331  
     3,291 

    Total liabilities and stockholders’ equity 
    $2,446  
    $3,374 

See accompanying notes to consolidated financial
statements.

 12 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share amounts)

    Years Ended December 31, 

    2024  
    2023 
  
    Expenses 

    Compensation and benefits 
    $452  
    $458 
  
    Other operating 
     627  
     714 
  
     Total operating expenses 
     1,079  
     1,172 

    Loss from operations 
     (1,079) 
     (1,172)
  
    Interest and other income, net 
     159  
     166 
  
    Net loss 
    $(920) 
    $(1,006)

    Basic and diluted weighted average common shares outstanding 
     20,620,711  
     20,620,711 

    Basic and diluted loss per share 
    $(0.04) 
    $(0.05)

See accompanying notes to consolidated financial
statements.

 13 

WRIGHT INVESTORS' SERVICE HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

    Years Ended December 31, 

    2024  
    2023 

    Net loss 
    $(920) 
    $(1,006)
  
    Other comprehensive (loss) income: 

    Unrealized holding gain on available for sale securities 
     23  
     14 
  
    Reclassification adjustment for gains realized in net loss 
     (63) 
     (6)
  
    Total other comprehensive (loss) income 
     (40) 
     8 
  
    Comprehensive loss 
    $(960) 
    $(998)

See accompanying notes to consolidated financial