Oxbridge Re Holdings Ltd. reported its financial results for the first quarter ended March 31, 2025. The company saw net premiums earned increase to $595,000, up from $549,000 in the same period of 2024. This rise was attributed to higher rates on contracts in force during the quarter. The company reported a net loss of $139,000 for the quarter, a significant improvement from the net loss of $905,000 in the same period the previous year. This improvement was mainly due to a positive change in the fair value of equity securities and the sale of investments in Jet.AI. Total expenses for the quarter increased to $570,000 from $548,000 for the same period in 2024, primarily due to stock-based compensation incurred as a result of a higher share price on the grant date. Additionally, Oxbridge Re Holdings Ltd. highlighted its growth in tokenized reinsurance and strategic partnerships through its subsidiary SurancePlus. The company emphasized its commitment to scaling SurancePlus with a focus on integrity, innovation, and long-term value creation. As of March 31, 2025, Oxbridge Re's restricted cash and cash equivalents increased by $3.7 million, or 62.85%, to $9.6 million, boosted by premium deposits during the quarter and the completion of a registered direct offering.