Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.24.1.1.u2
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2024
Commitments and Contingencies  
Schedule of information about operating leases

    

For the Three Months Ended

    

March 31, 

March 31, 

($ in thousands)

    

2024

    

2023

    

Lease cost

 

  

 

  

Operating lease cost

 

$

52

 

$

197

Variable lease cost

15

224

Total

 

$

66

 

$

421

    

For the Three Months Ended

 

March 31, 

March 31, 

($ in thousands)

    

2024

 

    

2023

 

Operating cash flows from operating leases

 

$

156

 

$

132

Gain on lease modification

$

$

Weighted-average remaining lease term – operating leases

4.3

5.7

Weighted-average discount rate – operating leases

9.1

%

9.1

%

Schedule of Maturities of operating leases excluding short term leases

($ in thousands)

    

Year ended December 31, 2024

$

588

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

 

2,910

Less present value discount

(514)

Operating lease liabilities

$

2,397