Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 539

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1B
Chunk 539
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 Partial redemption of notes payable to noteholders 
     -  
     (98)
  
    Gross proceeds from the issuance of Epsilon / DeltaCat Re tokens 
     1,469  
     1,280 

    Net cash provided by financing activities 
    $2,600  
     1,182 

  (continued)

F-4

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated
Statements of Cash Flows, continued 

(expressed
in thousands of U.S. Dollars)

    Years ended December 31 

    2024  
    2023 

    Cash and cash equivalents, and restricted cash and cash equivalents: 

    Net change during the year 
    $2,148  
     (183)
  
    Balance at beginning of year 
    $3,745  
     3,928 

    Balance at end of year 
    $5,893  
     3,745 

    Non-cash investing activities 

    Reclassification of contributed non-controlling interest 
    $23  
     - 
  
    Right-of-use lease asset obtained in exchange for operating lease liabilities 
    $148  
     - 

See
accompanying Notes to Consolidated Financial Statements

F-5

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated
Statements of Changes in Shareholders’ Equity

Years
ended December 31, 2024 and 2023

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

    Shares  
    Amount  
    Capital  
    Deficit  
    Interests  
    Equity 

    Ordinary Share Capital  
    Additional Paid-in  
    Accumulated  
    Non-Controlling  
    Total Shareholders’ 

    Shares  
    Amount  
    Capital  
    Deficit  
    Interests  
    Equity 

    Balance at December 31, 2022 
     5,769,587  
     6  
     32,482  
     (17,499) 
     -  
     14,989 
  
    Net loss for the year 
     -  
     -  
     -  
     (9,915) 
     -