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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities    
Net loss $ (9,915,000) $ (1,789,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 258,000 127,000
Depreciation and amortization 6,000 4,000
Net realized investment gains (27,000)
SurancePlus fee income (300,000)
Change in fair value of equity securities (38,000) 338,000
Change in fair value of other investments 8,945,000 35,000
Change in operating assets and liabilities:    
Premiums receivable (695,000) 2,000
Due from related parties (18,000) (40,000)
Deferred policy acquisition costs (101,000) 38,000
Prepayment and other assets 18,000 (64,000)
Prepaid offering costs 133,000 (133,000)
Other Liablities Delta Cat Re Tokenholders 543,000
Losses payable (1,073,000) 1,073,000
Unearned premiums reserve 915,000 (350,000)
Accounts payable and other liabilities 62,000 (43,000)
Net cash used in operating activities (1,260,000) (829,000)
Investing activities    
Purchase of equity securities (1,002,000)
Purchase of loan receivable (100,000)
Purchase of other investments (285,000)
Proceeds from sale of equity securities 626,000
Purchase of property and equipment (5,000)
Net cash used in investing activities (105,000) (661,000)
Financing activities    
Partial redemption of notes payable to noteholders (98,000)
Gross proceeds from the issuance of Delta Cat Re tokens 1,280,000
Net cash provided by financing activities   1,182,000
Cash and cash equivalents, and restricted cash and cash equivalents:    
Net change during the year (183,000) (1,490,000)
Balance at beginning of year 3,928,000 5,418,000
Balance at end of year $ 3,745,000 $ 3,928,000