Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 273

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 273
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750 |
| 2025 |     |            | 2,000 |     |            |  3,000 |     |       |  5,000 |
| 2026 |     |            | 2,000 |     |            | 22,500 |     |       | 24,500 |
| 2027 |     |            |   500 |     |            |      — |     |       |    500 |
|      |     | $          | 6,500 |     | $          | 29,250 |     | $     | 35,750 |

| 15. | Affiliate Transactions |

The Company had no transactions with affiliates in the years ended December 31, 2023 and 2022. F-55

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements For the years ended December 31, 2023 and 2022 (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated)

| 16. | Property and Equipment |

Property and equipment are summarized as follows:

|                                                |     |   |  2023 |     |   |  2022 |
|:-----------------------------------------------|:----|:--|------:|:----|:--|------:|
| EDP equipment and software                     |     | $ | 6,361 |     | $ | 5,267 |
| Less accumulated depreciation and amortization |     |   |   424 |     |   |     — |
| Property and equipment, net                    |     | $ | 5,937 |     | $ | 5,267 |

Depreciation expense was $424 and $0 for the year ended December 31, 2023, and 2022, respectively. These assets relate to the development and configuration of the Company’s policy and claims administration platforms and were placed in service in September 2023. In September of 2023, the Company began amortizing the software development costs that had been capitalized over a five-year period. The company performed an evaluation of all software development to date and recorded an impairment for software that had been previously capitalized during development but will not be deployed in production. The company recorded an impairment of $7,583, as part of General and administrative expense in the Consolidated Statement of Operations for costs previously capitalized in 2023 and 2022.

| 17. | Leases |

The Company has entered into operating