Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 101

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 14
Chunk 101
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 evidence
regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles
used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that our audits provide a reasonable basis for our opinion.

HACKER,
JOHNSON & SMITH PA

We
have served as the Company’s auditor since 2013.

Tampa,
Florida

March
26, 2025

F-1

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated
Balance Sheets

(expressed
in thousands of U.S. Dollars, except per share and share amounts)

    2024  
    2023 

    At December 31, 

    2024  
    2023 

    Assets 

    Investments: 

    Equity securities, at fair value (cost: $1,532 and $1,926) 
    $113  
     680 
  
    Cash and cash equivalents 
     2,135  
     495 
  
    Restricted cash and cash equivalents 
     3,758  
     3,250 
  
    Premiums receivable 
     1,059  
     977 
  
    Other investments 
     48  
     2,478 
  
    Loan receivable 
     -  
     100 
  
    Due from related parties 
     -  
     63 
  
    Deferred policy acquisition costs 
     109  
     101 
  
    Operating lease right-of-use assets 
     148  
     9 
  
    Prepayment and other assets 
     94  
     96 
  
    Property and equipment, net 
     1  
     4 
  
    Total assets 
    $7,465  
     8,253 

    Liabilities and Shareholders’ Equity 

    Liabilities: 

    Other liabilities: EpsilonCat Re / DeltaCat Re
    Tokenholders 
    $1,732  
     1,523 
  
    Notes payable to noteholders 
     118  
     118 
  
    Unearned premiums reserve 
     991  
     915 
  
    Operating lease liabilities 
     148  
     9 
  
    Accounts payable and other liabilities 
     366