LEASES (Tables)

9 Months Ended

Sep. 30, 2025

The components of lease expense and other lease information as of and during the nine-month periods ended September 30, 2025 and 2024 are as follows:

SCHEDULE OF OPERATING LEASE COST

	For the Nine-Month Period		For the Nine-Month Period
(in thousands)	Ended September 30, 2025		Ended September 30, 2024
Operating Lease Cost ⁽¹⁾	$	86	$	80

Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	86	$	80

(1)

Includes short-term leases

SCHEDULE OF OTHER LEASE INFORMATION

(in thousands)	At September 30, 2025			At December 31, 2024
Operating lease right-of-use assets	$	70		$	148

Operating lease liabilities	$	70		$	148

Weighted-average remaining lease term - operating leases		1.12 years			1.18 years

Weighted-average discount rate - operating leases		9.24	%		9.03	%

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENT

Future minimum lease payments under non-cancellable leases as of September 30, 2025 and December 31, 2024, reconciled to our discounted operating lease liability presented on the consolidated balance sheets are as follows:

(in thousands)	At September 30, 2025			At December 31, 2024

2025	$	-		$	114
Remainder of 2025		29			-
2026		39			39
2027		6			6
Total future minimum lease payments	$	74		$	159

Less imputed interest		(4	)		(11	)
Total operating lease liability	$	70		$	148

OXBRIDGE RE HOLDINGS Ltd 10-Q