Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 893

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 5
Chunk 893
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 parties 
     63  
     (18)
  
    Deferred policy acquisition costs 
     (8) 
     (101)
  
    Prepayment and other assets 
     2  
     18 
  
    Prepaid offering costs 
     -  
     133 
  
    Other Liabilities CatRe Tokenholders 
     (948) 
     543 
  
    Losses payable 
     -  
     (1,073)
  
    Unearned premiums reserve 
     76  
     915 
  
    Accounts payable and other liabilities 
     10  
     62 
  
    Net cash used in operating activities 
    $(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