$IWSH
Wright Investors Service Holdings, Inc.
CIK:0001279715|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Expenses | ||||
| Compensation and benefits | $ 115 | $ 113 | $ 237 | $ 228 |
| Other operating | 136 | 145 | 285 | 317 |
| Total operating expenses | 251 | 258 | 522 | 545 |
| Loss from operations | (251) | (258) | (522) | (545) |
| Interest and other income, net | 8 | 14 | 18 | 45 |
| Net loss | $ (243) | $ (244) | $ (504) | $ (500) |
| Basic weighted average common shares outstanding (in Shares) | 20,620,711 | 20,620,711 | 20,620,711 | 20,620,711 |
| Diluted weighted average common shares outstanding (in Shares) | 20,620,711 | 20,620,711 | 20,620,711 | 20,620,711 |
| Basic loss per share (in Dollars per share) | $ (0.01) | $ (0.01) | $ (0.02) | $ (0.02) |
| Diluted loss per share (in Dollars per share) | $ (0.01) | $ (0.01) | $ (0.02) | $ (0.02) |
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash flows from operating activities | ||
| Net loss | $ (504) | $ (500) |
| Changes in other operating items: | ||
| Prepaid expenses and other current assets | 54 | 48 |
| Accounts payable and accrued expenses | 68 | (44) |
| Net cash used in operating activities | (382) | (496) |
| Cash flows from investing activities | ||
| Proceeds from redemptions and sale of investments | 415 | 24 |
| Purchase of investments | (18) | (574) |
| Net cash provided by (used in) by investing activities | 397 | (550) |
| Net increase (decrease) in cash and cash equivalents | 15 | (1,046) |
| Cash and cash equivalents at the beginning of the period | 33 | 1,440 |
| Cash and cash equivalents at the end of the period | $ 48 | $ 394 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 48 | $ 33 |
| Investments | 870 | 1,267 |
| Prepaid expenses and other current assets | 24 | 78 |
| Total current assets | 942 | 1,378 |
| Other assets | 8 | 8 |
| Total assets | 950 | 1,386 |
| Current liabilities | ||
| Accounts payable and accrued expenses | 147 | 79 |
| Total current liabilities | 147 | 79 |
| Total liabilities | 147 | 79 |
| Stockholders’ equity | ||
| Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued | ||
| Common stock, par value $0.01 per share, authorized 30,000,000 shares; issued 21,628,680 as of June 30, 2026 and December 31, 2025; outstanding 20,620,711 at June 30, 2026 and December 31, 2025. | 216 | 216 |
| Additional paid-in capital | 34,392 | 34,392 |
| Accumulated deficit | (32,058) | (31,554) |
| Treasury stock, at cost (1,007,969 shares at June 30, 2026 and December 31, 2025) | (1,747) | (1,747) |
| Total stockholders' equity | 803 | 1,307 |
| Total liabilities and stockholders’ equity | $ 950 | $ 1,386 |