Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 379

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 379
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31, 2024 and 2023 consist of the following (in thousands):

 SCHEDULE OF OTHER INVESTMENTS

    2024  
    2023 

    At December 31, 

    2024  
    2023 
  
    Jet.AI Series A-1 Convertible Preferred Stock 
    $-  
    $285 
  
    Jet.AI. common stock 
     48  
     2,193 
  
    Total 
    $48  
    $2,478 

    Beginning of year 
    $2,478  
    $11,423 
  
    Redemption of Series A-1 Convertible Preferred investment 
     (285) 
     - 
  
    Unrealized loss on investment in affiliate 
     (2,145) 
     (8,945)
  
    End of year 
    $48  
    $2,478 

    F-12

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements, Continued

4.
INVESTMENTS (continued) 

Assets
Measured at Estimated Fair Value on a Recurring Basis

The
following table presents information about the Company’s financial assets measured at estimated fair value on a recurring basis
that is reflected in the consolidated balance sheets at carrying value. The table indicates the fair value hierarchy of the valuation
techniques utilized by the Company to determine such fair value as of December 31, 2024 and 2023:

 SCHEDULE OF FAIR VALUE OF ASSETS MEASURED ON RECURRING BASIS

    (Level 1)  
    (Level 2)  
    (Level 3)  
    Total 

    Fair Value Measurements Using  

    (Level 1)  
    (Level 2)  
    (Level 3)  
    Total 
  
    As of December 31, 2024 
    ($ in thousands) 
  
    Financial Assets: 

    Cash and cash equivalents 
    $2,135  
    $-  
    $        -  
    $2,135 

    Restricted cash and cash equivalents 
    $3,758  
    $-  
    $-  
    $3,758 

    Other investments 
    $48  
    $-  
    $-  
    $48