Oxbridge Re Holdings reported significant revenue growth in FY2025, rising to $2.58 million from $546,000 in FY2024, reflecting increased engagement with its tokenized reinsurance products. Despite this, the company remains unprofitable with a net loss of $2.08 million, though improved year-over-year by 23.7%. Operating cash flow remains negative at $1.35 million, underscoring continued investment and operational outflows. Capital expenditures increased modestly to $16,000 while no dividends or share repurchases have been made since 2018. The firm confronts challenges typical of early-stage innovators including liquidity constraints and regulatory uncertainties as it seeks to build scale in a nascent blockchain-based insurance sector.