Annual report [Section 13 and 15(d), not S-K Item 405]

Commitments and Contingencies (Tables)

v3.25.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies  
Schedule of quantitative information about operating leases

    

For the Year Ended

    

December 31, 

December 31, 

($ in thousands)

    

2024

    

2023

    

Lease cost

 

  

 

  

Operating lease cost

 

$

145

 

$

439

Variable lease cost

324

467

Total

 

$

469

 

$

906

    

For the Year Ended

 

December 31, 

December 31, 

($ in thousands)

    

2024

 

    

2023

 

Operating cash flows from operating leases

 

$

534

 

$

529

Gain on lease modification

$

314

$

220

Weighted-average remaining lease term – operating leases

1.8

4.5

Weighted-average discount rate – operating leases

9.0

%

9.1

%

Schedule of maturities of operating leases excluding short term leases

($ in thousands)

    

Future Lease Liability

Year ended December 31, 2025

$

516

Year ended December 31, 2026

439

Total

 

955

Less present value discount

(77)

Operating lease liabilities

$

878