Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
Chunk: 86

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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 notice in writing to the Lessor. The residential
lease has a remaining lease term of approximately six (6) months.

The
components of lease expense and other lease information as of and during the six-month periods ended June 30, 2025 and 2024 are as
follows:

SCHEDULE
OF OPERATING LEASE COST

    For
                                            the Six-Month
                                                               Period  
    For
                                            the Six-Month
Period 
  
    (in thousands) 
    Ended June 30, 2025  
    Ended June 30, 2024 
  
    Operating Lease Cost (1) 
    $57  
    $53 

    Cash paid for amounts included in the measurement of lease liabilities 

    Operating cash flows from operating leases 
    $57  
    $53 

    (1)
    Includes
    short-term leases

SCHEDULE
OF OTHER LEASE INFORMATION

    (in thousands) 
    At June 30, 2025  
    At December 31, 2024 
  
    Operating lease right-of-use assets 
    $96  
    $148 

    Operating lease liabilities 
    $96  
    $148 

    Weighted-average remaining lease term - operating leases 
     1.24 years  
     1.18 years 

    Weighted-average discount rate - operating leases 
     9.13% 
     9.03%

Future
minimum lease payments under non-cancellable leases as of June 30, 2025 and December 31, 2024, reconciled to our discounted operating
lease liability presented on the consolidated balance sheets are as follows:

SCHEDULE
OF FUTURE MINIMUM LEASE PAYMENT

    (in
    thousands)
     
    At
    June
    30, 2025

    At
    December
    31, 2024

    Remainder
    of 2025

    57

    -

    2025
     
    $
    -

    $
    114

    Remainder
    of 2025

    57

    -

    2026

    39

    39

    2027

    6

    6

    Total
    future minimum lease payments
     
    $
    102

    $
    159

    Less
    imputed interest

    (6