Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.23.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies  
Schedule of information about operating leases

    

For the Nine Months Ended

September 30, 

September 30, 

($ in thousands)

    

2023

    

2022

Lease cost

 

  

 

  

Operating lease cost

 

$

592

 

$

414

Variable lease cost

544

293

Total

 

$

1,136

 

$

707

    

For the Nine Months Ended

 

September 30, 

September 30, 

($ in thousands)

    

2023

 

    

2022

 

Operating cash flows from operating leases

 

$

395

 

$

362

Gain on lease modification

$

220

$

Weighted-average remaining lease term – operating leases

4.7

6.3

Weighted-average discount rate – operating leases

9.1

%

9.1

%

Schedule of Maturities of operating leases excluding short term leases

($ in thousands)

    

Six months ended December 31, 2023

$

134

Year ended December 31, 2024

722

Year ended December 31, 2025

 

774

Year ended December 31, 2026

 

702

Year ended December 31, 2027

 

269

Thereafter

578

Total

 

3,179

Less present value discount

(604)

Operating lease liabilities

$

2,575