| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net loss | ||||||
-305 | -5,749 | -20,592 | 2,581 | 4,601 | 4,000 | |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Stock-based compensation | ||||||
36 | 126 | 127 | 119 | 117 | 0 | |
Net amortization of premiums on investments in fixed-maturity securities | ||||||
0 | -7 | -84 | 21 | 0 | - | |
Depreciation and amortization | ||||||
10 | 18 | 24 | 21 | 18 | 13 | |
Net realized investment gain (loss) | ||||||
3 | -255 | -138 | 554 | -325 | 641 | |
Change in fair value of equity securities | ||||||
25 | -26 | 0 | - | - | - | |
Loss attributable to noteholders | ||||||
0 | 2,000 | - | - | - | - | |
Loss attributable to Series 2018-1 noteholders | ||||||
- | - | 0 | - | - | - | |
Other-than-temporary impairment losses | ||||||
- | - | - | - | 399 | 0 | |
Change in operating assets and liabilities: | ||||||
Accrued interest and dividend receivable | ||||||
-3 | -24 | -9 | 23 | 3 | 22 | |
Premiums receivable | ||||||
506 | -3,798 | -240 | -79 | 36 | 4,081 | |
Deferred policy acquisition costs | ||||||
48 | -48 | -40 | -2 | -42 | 63 | |
Prepayment and other receivables | ||||||
5 | -42 | 18 | 7 | 11 | 16 | |
Reserve for losses and loss adjustment expenses | ||||||
-4,108 | -728 | -3,866 | 8,702 | 0 | - | |
Prepaid offering costs | ||||||
- | - | - | - | - | -417 | |
Loss experience refund payable | ||||||
0 | -135 | -1,335 | -8,443 | 2,780 | 5,766 | |
Losses payable | ||||||
0 | -386 | 386 | 0 | - | - | |
Unearned premiums reserve | ||||||
440 | -2,012 | -1,449 | -2,110 | -173 | 3,708 | |
Accounts payable and other liabilities | ||||||
140 | 33 | -98 | 28 | 67 | -402 | |
Net cash used in operating activities | ||||||
-4,371 | -6,633 | -26,310 | 416 | 8,126 | 8,679 | |
Investing activities | ||||||
Change in restricted cash and cash equivalents | ||||||
- | - | - | -6,928 | 2,190 | 18,060 | |
Purchase of fixed-maturity securities | ||||||
0 | 4,903 | 3,988 | 3,111 | 1,101 | 3,682 | |
Purchase of equity securities | ||||||
505 | 6,009 | 18,659 | 10,024 | 12,029 | 15,511 | |
Proceeds from sale of fixed-maturity securities | ||||||
994 | 8,340 | 5,538 | 119 | 1,133 | 0 | |
Proceeds from sale of equity securities | ||||||
0 | 7,617 | 21,782 | 12,968 | 12,272 | 8,013 | |
Purchase of property and equipment | ||||||
1 | 0 | 6 | 11 | 36 | 59 | |
Net cash provided by investing activities | ||||||
488 | 5,045 | 4,667 | 6,869 | -1,951 | -29,299 | |
Financing activities | ||||||
Proceeds on issuance of notes payable to Series noteholders | ||||||
600 | 2,000 | 0 | - | - | - | |
Proceeds on issuance of share capital | ||||||
- | - | - | - | - | 5 | |
Share capital | ||||||
- | - | - | - | - | 21,865 | |
Share warrants | ||||||
- | - | - | - | - | 5,080 | |
Repurchases of common stock under share repurchase plan | ||||||
- | - | 1,061 | 742 | 0 | - | |
Dividends paid | ||||||
- | - | 2,091 | 2,885 | 2,908 | 1,708 | |
Net cash provided by (used in) financing activities | ||||||
600 | 2,000 | -3,152 | -3,627 | -2,908 | 25,242 | |
Net change during the year | ||||||
-3,283 | 412 | -24,795 | 3,658 | 3,267 | 4,622 | |
Supplemental disclosure of cash flow information | ||||||
Interest paid | ||||||
0 | 0 | 0 | - | - | - | |
Interest paid | ||||||
- | - | - | 0 | 0 | 0 | |
Income taxes paid | ||||||
0 | 0 | 0 | 0 | 0 | 0 | |
Non-cash investing activities | ||||||
Net change in unrealized loss on securities available for sale | ||||||
-2 | 19 | 372 | - | - | - | |
Operating lease right-of-use assets | ||||||
155 | 0 | - | - | - | - | |
Operating lease liabilities | ||||||
149 | 0 | - | - | - | - | |
Net change in unrealized loss on securities available for sale | ||||||
- | - | - | 1,063 | -1,491 | 17 | |