Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 466

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 466
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 $(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 (used in) investing activities 
    $780  
     (105)

    Financing activities 

    Net proceeds from issuance of ordinary shares 
     1,131  
     - 
  
    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