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

Commitments and Contingencies (Tables)

v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies  
Schedule of Lease Expense

  ​ ​ ​

Year Ended December 31, 

  ​ ​ ​

($ in thousands)

2025

2024

Operating lease cost

$

2,918

$

2,758

Shared lease costs

 

(2,174)

(2,100)

Variable lease cost

 

413

865

Total lease expense

$

1,157

$

1,523

Summary of Quantitative Information about Operating Leases

  ​ ​ ​

Year Ended December 31, 

 

  ​ ​ ​

($ in thousands)

2025

2024

 

Operating cash flows from operating leases

$

(3,197)

$

(3,647)

Right-of-use assets exchanged for new operating lease liabilities

$

457

$

188

Weighted-average remaining lease term – operating leases (years)

 

3.4

 

3.8

Weighted-average discount rate – operating leases

 

6.2

%  

 

6.3

%

Schedule of Future Minimum Lease Payments

  ​ ​ ​

Future Lease

($ in thousands)

Liability

Year ended December 31, 2026

 

2,986

Year ended December 31, 2027

 

3,188

Year ended December 31, 2028

3,220

Year ended December 31, 2029

3,054

Other

 

5,114

Total operating lease liabilities

 

17,562

Less: present value discount

 

(2,763)

Net operating lease liabilities, short-term and long-term

$

14,799