Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.24.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies  
Schedule of information about operating leases

The following summarizes quantitative information about the Company’s operating leases:

​

​

​

​

​

​

​

​

​

​

    

For the Year Ended

    

​

​

​

December 31, 

​

​

December 31, 

​

($ in thousands)

    

2023

    

2022

    

Lease cost

​

 

  

​

 

  

​

Operating lease cost

 

$

439

 

$

565

​

Variable lease cost

​

​

467

​

​

488

​

Total

 

$

906

 

$

1,053

​

​

​

​

​

​

​

​

​

​

​

​

    

For the Year Ended

 

​

​

​

December 31, 

​

​

​

December 31, 

​

($ in thousands)

    

2023

 

    

2022

 

Operating cash flows from operating leases

 

$

529

​

 

$

485

​

Gain on lease modification

​

$

220

​

​

$

—

​

Weighted-average remaining lease term – operating leases

​

​

4.5

​

​

​

5.9

​

Weighted-average discount rate – operating leases

​

​

9.1

%

​

​

9.1

%

​

Schedule of Maturities of operating leases excluding short term leases

Maturities of our operating leases, excluding short-term leases, are as follows:

​

​

​

​

​

($ in thousands)

    

​

​

Year ended December 31, 2024

​

$

723

Year ended December 31, 2025

​

​

774

Year ended December 31, 2026

​

 

703

Year ended December 31, 2027

​

 

269

Year ended December 31, 2028

​

 

274

Thereafter

​

​

303

Total

​

 

3,046

Less present value discount

​

​

(548)

Operating lease liabilities

​

$

2,498