Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.22.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
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)

    

2021

    

2020

Lease cost

​

 

  

​

 

  

Operating lease cost

 

$

315

 

$

330

Variable lease cost

​

​

599

​

​

470

Total

 

$

914

 

$

800

​

​

​

​

​

​

​

​

​

​

​

    

For the Year Ended

 

​

​

​

December 31, 

​

​

​

December 31, 

​

($ in thousands)

    

2021

 

    

2020

 

Operating cash flows from operating leases

 

$

484

​

 

$

76

​

Weighted-average remaining lease term – operating leases

​

​

4.8

​

​

​

5.8

​

Weighted-average discount rate – operating leases

​

​

9.0

%

​

​

9.0

%

​

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, 2022

​

$

516

Year ended December 31, 2023

​

​

529

Year ended December 31, 2024

​

 

513

Year ended December 31, 2025

​

 

516

Year ended December 31, 2026

​

 

439

Thereafter

​

​

—

Total

​

 

2,513

Less present value discount

​

​

(481)

Operating lease liabilities

​

$

2,033