v3.26.1
NOTES PAYABLE / MEZZANINE EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Notes Payable Mezzanine Equity  
SCHEDULE OF FINANCIAL STATEMENTS

 

Statements of Operations Data: 

For Three

Months Ended

June 30, 2026

  

For Six

Months Ended

June 30, 2026

 
   (Unaudited)   (Unaudited) 
         
SurancePlus management fee income  $516   $516 
Underwriting related income   324    818 
Total revenue   840    1,334 
Expenses   (12)   (26)
Income attributable to tokenholders   (297)   (755)
Net income attributable to ordinary shareholders  $531   $553 

 

Balance Sheet Data: 

At

June 30, 2026

  

At

December 31, 2025

 
   (Unaudited)   (Unaudited) 
   (In thousands)   (In thousands) 
Total assets  $16,270   $7,288 
Amounts due to tokenholders*   616    1,627 
Due to Parent   72    45 
Due to affiliate   -    263 
HCI 2026 Series Tokens   12,020    - 
Total shareholder’s equity  $3,562   $5,353 

 

* includes underwriting profit of $752,000 (2025: $719,000) due to Parent.