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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities    
Net loss attributable to ordinary shareholders $ (2,012,000) $ (1,726,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 178,000 106,000
Realized gain on other investments (35,000)
Depreciation and amortization 2,000
SurancePlus management fee income (1,000) (312,000)
Change in fair value of other investments 20,000 1,513,000
Change in fair value of equity securities 9,000 160,000
Loss attributable to non-controlling interests (117,000)
Interest and gain on redemption of loan receivable (41,000)
Change in operating assets and liabilities:    
Operating right-of-use asset 52,000
Operating lease liabilities (52,000)
Premiums receivable (918,000) (1,141,000)
Deferred policy acquisition costs (115,000) (139,000)
Prepayment and other assets (23,000) (17,000)
Reserve for loss and loss adjustment expenses 175,000
Unearned premiums reserve 1,046,000 1,266,000
Accounts payable and other liabilities (106,000) 18,000
Net cash used in operating activities (1,899,000) (311,000)
Investing activities    
Proceeds of loan receivable 141,000
Proceeds from sale of other investments 63,000
Proceeds from sale of equity securities 307,000
Net cash provided by investing activities 63,000 448,000
Financing activities    
EpsilonCat Re / DeltaCat Re Tokenholders (526,000) (1,441,000)
Net proceeds from issuance of ordinary shares 3,122,000 75,000
Net proceeds from issuance of Zeta/Eta Cat Re tokens 1,469,000
Net cash provided by financing activities 2,596,000 103,000
Cash and cash equivalents, and restricted cash and cash equivalents:    
Net change during the period 760,000 240,000
Balance at beginning of period 5,893,000 3,745,000
Balance at end of period 6,653,000 3,985,000
Non-cash investing and financing activities    
Right-of-use lease asset obtained in exchange for operating lease liabilities $ 124,000
Reclassification of contributed non-controlling interest $
Reclassification of other liabilities    
EpsilonCat Re / DeltaCat Re Tokenholders to Mezzanine Equity $ 1,732,000