Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 247

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 8
Chunk 247
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 2023 

    Years ended December 31 

    2024  
    2023 
  
    Operating activities 

    Net loss attributable to ordinary shareholders 
    $(2,726) 
     (9,915)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Share-based compensation 
     234  
     258 
  
    Depreciation and amortization 
     3  
     6 
  
    Interest and gain on redemption of Series A-1 Preferred Shares 
     (47) 
     - 
  
    Interest and gain on redemption of loan receivable 
     (41) 
     - 
  
    SurancePlus fee income 
     (312) 
     (300)
  
    Change in fair value of equity securities 
     260  
     (38)
  
    Change in fair value of other investments 
     2,145  
     8,945 
  
    Income attributable to non-controlling interests 
     139  
     - 

    Change in operating assets and liabilities: 

    Premiums receivable 
     (82) 
     (695)
  
    Due from related parties 
     63  
     (18)
  
    Deferred policy acquisition costs 
     (8) 
     (101)
  
    Prepayment and other assets 
     2  
     18 
  
    Prepaid offering costs 
     -  
     133 
  
    Other Liabilities CatRe Tokenholders 
     (948) 
     543 
  
    Losses payable 
     -  
     (1,073)
  
    Unearned premiums reserve 
     76  
     915 
  
    Accounts payable and other liabilities 
     10  
     62 
  
    Net cash used in operating activities 
    $(1,232) 
     (1,260)

    Investing activities 

    Proceeds (funding) of loan receivable 
     141  
     (100)
  
    Proceeds on redemption of Series A-1 preferred stock 
     332  
     - 
  
    Proceeds from sale of equity securities 
     307  
     - 
  
    Purchase of property and equipment 
     - 
     (5)

    Net cash provided by (