Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
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Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
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OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated
Balance Sheets

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

    At
                                            June 30, 2025  
    At
                                            December 31,
                                                                                2024 

    (Unaudited)  

    Assets 

    Investments: 

    Equity securities, at fair value (cost: $1,532 and $1,532) 
    $104  
     113 
  
    Cash and cash equivalents 
     3,870  
     2,135 
  
    Restricted cash and cash equivalents 
     2,783  
     3,758 
  
    Premiums receivable 
     1,977  
     1,059 
  
    Other Investments 
     -  
     48 
  
    Deferred policy acquisition costs 
     224  
     109 
  
    Operating lease right-of-use assets 
     96  
     148 
  
    Prepayment and other assets 
     117  
     94 
  
    Property and equipment, net 
     1  
     1 
  
    Total assets 
    $9,172  
     7,465 

    Liabilities and Shareholders’ Equity 

    Liabilities: 

    Reserve for losses and loss adjustment expenses 
     175  
     - 
  
    Notes payable to noteholders 
     118  
     118 
  
    Unearned premiums reserve 
     2,037  
     991 
  
    Operating lease liabilities 
     96  
     148 
  
    Accounts payable and other liabilities 
     259  
     366 
  
    Total liabilities 
     2,685  
     1,623 

    Mezzanine Equity 

    Due to EpsilonCat Re / DeltaCat Re / EtaCat Re / ZetaCat Re Tokenholders 
     1,206  
     1,732 

    Shareholders’ equity: 

    Ordinary share capital, (par value $0.001, 50,000,000 shares authorized; 7,442,922 and 6,379,002 shares issued and outstanding) 
     6  
     6 
  
    Additional paid-in capital 
     37,405