Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.24.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies  
Schedule of information about operating leases

    

For the Nine Months Ended

    

September 30, 

September 30, 

($ in thousands)

    

2024

    

2023

    

Lease cost

 

  

 

  

Operating lease cost

 

$

113

 

$

592

Variable lease cost

149

544

Total

 

$

262

 

$

1,136

    

For the Nine Months Ended

 

September 30, 

September 30, 

($ in thousands)

    

2024

 

    

2023

 

Operating cash flows from operating leases

 

$

406

 

$

395

Gain on lease modification

$

314

$

220

Weighted-average remaining lease term – operating leases

2.0

4.7

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

Three months ended December 31, 2024

$

127

Year ended December 31, 2025

516

Year ended December 31, 2026

 

439

Total

 

1,082

Less present value discount

(99)

Operating lease liabilities

$

983