v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Assumed premiums $ 314 $ 2,222 $ 314 $ 2,222
Change in unearned premiums reserve 54 (1,640) 610 (1,046)
Net premiums earned 368 582 924 1,176
SurancePlus management fee income 501 1 501 1
Net investment and other income 71 93 139 173
Realized gain on other investments 35
Unrealized loss on other investments (20)
Change in fair value of equity securities (12) (9)
Total revenue 940 664 1,564 1,356
Expenses        
Losses and loss adjustment expenses 2,293 2,293
Policy acquisition costs and underwriting expenses 44 64 105 129
General and administrative expenses 603 1,257 1,126 1,762
Total expenses 647 3,614 1,231 4,184
Income (loss) before income / loss attributable to tokenholders and non-controlling interests 293 (2,950) 333 (2,828)
(Income) loss attributable to tokenholders (1) 946 (3) 699
Income (loss) before income / loss attributable to non-controlling interests 292 (2,004) 330 (2,129)
(Income) loss attributable to non-controlling interests (116) 131 (132) 117
Net income (loss) attributable to ordinary shareholders $ 176 $ (1,873) $ 198 $ (2,012)
Income (loss) per share attributable to ordinary shareholders        
Basic $ 0.02 $ (0.25) $ 0.02 $ (0.28)
Diluted $ 0.02 $ (0.25) $ 0.02 $ (0.28)
Weighted-average shares outstanding        
Basic 8,101,374 7,442,922 7,961,597 7,174,014
Diluted 8,101,374 7,442,922 7,961,597 7,174,014