Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 380

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 380
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    Equity securities 
    $113  
    $-  
    $-  
    $113 

    Total 
    $6,054  
    $          -  
    $-  
    $6,054 

    (Level 1)  
    (Level 2)  
    (Level 3)  
    Total 

    Fair Value Measurements Using  

    (Level 1)  
    (Level 2)  
    (Level 3)  
    Total 
  
    As of December 31, 2023 
    ($ in thousands) 
  
    Financial Assets: 

    Cash and cash equivalents 
    $495  
    $          -  
    $-  
    $495 

    Restricted cash and cash equivalents 
    $3,250  
    $-  
    $-  
    $3,250 

    Other investments 
    $2,193  
    $-  
    $285  
    $2,478 

    Equity securities 
    $680  
    $-  
    $-  
    $680 

    Total 
    $6,618  
    $-  
    $285  
    $6,903 

    F-13

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements, Continued

4.
INVESTMENTS (continued) 

Assets
Measured at Estimated Fair Value on a Recurring Basis

There
were no transfers between Levels 1, 2 or 3 during the years ended December 31, 2024 and 2023 except as disclosed below.

The
following table provides a reconciliation of changes in fair value of the beginning and ending balances for the other investments classified
as Level 3:

SCHEDULE OF RECONCILIATION OF CHANGES IN FAIR VALUE

    For Years ended 

    December 31, 

    2024  
    2023 

    ($ in thousands) 
  
    Fair value of Level 3 other investments at beginning of year 
    $285  
    $11,423 
  
    Transfer to Level 1 
     -  
     (11,138)
  
    Redemption of Series A-1 Convertible Preferred investment 
     (285) 
     -