Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
Chunk: 13

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 assist in the calculation of
fair value for stock options. When estimating the expected volatility, the Company takes into consideration the historical volatility
of entities similar to itself. The Company considers factors such as an entity’s industry, stage of life cycle, size and financial
leverage when selecting similar entities. The Company may use a sample peer group of companies in the reinsurance industry and/or the
Company’s own historical volatility in determining the expected volatility. 

Additionally,
the Company uses the guidance in the SEC’s Staff Accounting Bulletin No. 107 to determine the estimated life of options issued
and has assumed no forfeitures during the life of the options.

The
Company uses the straight-line attribution method for all grants that include only a service condition. Compensation expenses related
to all awards is included in general and administrative expenses.

Accounting
Updates: From time to time, new accounting pronouncements are issued by the FASB or other
standard-setting bodies that are adopted by the Company as of the specified effective date. Unless otherwise discussed, the Company believes
that the effect of recently issued standards that are not yet effective will not have a material effect on its consolidated financial
position or results of operations upon adoption.

Segment
Information: Under GAAP, operating segments are based on the internal information that management uses for allocating resources
and assessing performance as the source of the Company’s reportable segments. The Company manages its business on the basis of
one operating segment, Web 3/Property and Casualty Reinsurance, in accordance with the qualitative and quantitative criteria established
under GAAP.

Reclassifications:
Any reclassifications of prior period amounts have been made to conform to the current period presentation.

3.
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS

SUMMARY
OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS

    At June 30,  
    At December 31, 

    2025  
    2024 

    (in thousands) 

    Cash on deposit 
    $3,870  
    $2,135 
  
    Restricted cash held in trust 
     2,783  
     3,758 
  
    Total 
    $6,653  
    $5,893 

Cash
and cash equivalents are held by large and reputable counterparties in the United States of America and in