Presurance Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 13, 2026
PRHI$7.25+2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (Unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows From Operating Activities | ||
| Net income (loss) from continuing operations | $2,622 | $522 |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Amortization of debt issuance costs | 63 | 64 |
| Accretion of Series B Preferred Stock | 1,120 | 75 |
| Amortization of bond premium and discount, net | (84) | (108) |
| Net realized investment (gains) losses | 14 | (3) |
| Change in fair value of equity securities | (30) | 192 |
| Stock-based compensation expenses | 13 | 15 |
| Change in fair value of contingent considerations | (4,490) | (4,395) |
| Changes in operating assets and liabilities: | ||
| (Increase) decrease in: | ||
| Premiums and agents' balances and other receivables | (1,019) | 333 |
| Reinsurance recoverables | 4,207 | 1,871 |
| Prepaid reinsurance premiums | 2,395 | 685 |
| Deferred policy acquisition costs | (129) | (267) |
| Other assets | (410) | 71 |
| Increase (decrease) in: | ||
| Unpaid losses and loss adjustment expenses | (8,761) | (12,923) |
| Unearned premiums | (2,246) | 55 |
| Funds held under reinsurance agreements | (3,684) | (4,823) |
| Reinsurance premiums payable | 2,046 | 2,487 |
| Accounts payable and other liabilities | 64 | 889 |
| Net cash provided by (used in) operating activities | (8,309) | (15,260) |
| Cash Flows From Investing Activities | ||
| Purchase of investments | (67,469) | (64,055) |
| Proceeds from maturities and redemptions of investments | 27,892 | 7,428 |
| Proceeds from sales of investments | 39,745 | 47,014 |
| Net cash provided by (used in) investing activities | 168 | (9,613) |
| Cash Flows From Financing Activities | ||
| Issuance of Common Stock | 14,000 | — |
| Repayment of Series B Preferred Stock | (7,500) | — |
| Issuance of stock warrants | — | 1,924 |
| Issuance of Series B Preferred Stock | — | 5,576 |
| Common stock issuance costs | (252) | — |
| Net cash provided by (used in) financing activities | 6,248 | 7,500 |
| Net increase (decrease) in cash | (1,893) | (17,373) |
| Cash at beginning of period | 27,362 | 27,654 |
| Cash at end of period | 25,469 | 10,281 |
| Supplemental Disclosure of Cash Flow Information: | ||
| Interest paid | $885 | $541 |
| Income taxes paid (refunded), net | $(38) | $(75) |
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