Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
Chunk: 3

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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    2025  
    2024 

    Six Months Ended 

    June 30, 

    2025  
    2024 
  
    Operating activities 

    Net loss attributable to ordinary shareholders 
    $(2,012) 
     (1,726)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Share-based compensation 
     178  
     106 
  
    Realized gain on other investments 
     (35) 
     - 
  
    Depreciation and amortization 
     -  
     2 
  
    SurancePlus management fee income 
     (1) 
     (312)
  
    Change in fair value of other investments 
     20  
     1,513 
  
    Change in fair value of equity securities 
     9  
     160 
  
    Loss attributable to non-controlling interests 
     (117) 
     - 
  
    Interest and gain on redemption of loan receivable 
     -  
     (41)
  
    Change in operating assets and liabilities: 

    Operating right-of-use asset 
     52  
     - 
  
    Operating lease liabilities 
     (52) 
     - 
  
    Premiums receivable 
     (918) 
     (1,141)
  
    Deferred policy acquisition costs 
     (115) 
     (139)
  
    Prepayment and other assets 
     (23) 
     (17)
  
    Reserve for loss and loss adjustment expenses 
     175  
     - 
  
    Unearned premiums reserve 
     1,046  
     1,266 
  
    Accounts payable and other liabilities 
     (106) 
     18 
  
    Net cash used in operating activities 
     (1,899) 
     (311)

    Investing activities 

    Proceeds of loan receivable 
     -  
     141 
  
    Proceeds from sale of other investments 
     63  
     - 
  
    Proceeds from sale of equity securities 
     -  
     307 
  
    Net cash provided by investing activities 
     63  
     448 

    Financing activities 

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