v3.26.1
VARIABLE INTEREST ENTITIES (Tables)
 12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF FINANCIAL STATEMENTS

 

         
   For Year Ended December 31,  
Statement of Operations Data:  2025   2024 
   (Unaudited)   (Unaudited) 
   (In thousands)  
         
SurancePlus fee & investment income  $529   $634 
Net investment and other income  $20   $- 
Underwriting-related income  $2,036   $2,050 
Total revenue  $2,585   $2,684 
Expenses  $(3,442)  $(201)
Income attributable to tokenholders  $(1,874)  $- 
Loss (income) attributable to tokenholders  $2,540   $(1,867)
Net (loss) income to ordinary shareholders  $(191)  $616 

 

         
   At December 31, 
Balance Sheet Data:  2025   2024 
   (Unaudited)   (Unaudited) 
   (In thousands)  
Total assets  $7,288   $4,794 
Liabilities          
Amounts due to tokenholders*  $1,627   $2,284 
Due to Parent  $45   $40 
Due to affiliate  $263   $- 
           

Total shareholders’ equity

  $5,353   $2,470 

 

* includes underwriting profit of $719,000 (2024: $552,000) due to Parent.