Quarterly report [Sections 13 or 15(d)]

Commitments and Contingencies (Tables)

v3.26.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies  
Schedule of Lease Expense

  ​ ​ ​

Three Months Ended March 31, 

  ​ ​ ​

($ in thousands)

2026

2025

Lease Cost

 

  ​

 

Operating lease cost

$

714

$

748

Shared lease costs

 

(535)

(533)

Variable lease cost

 

75

189

Sublease income

(91)

Total lease expense

$

163

$

404

Summary of Quantitative Information about Operating Leases

  ​ ​ ​

Three Months Ended March 31, 

 

  ​ ​ ​

($ in thousands)

2026

2025

 

Operating cash flows from operating leases

$

(782)

$

(852)

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

 

3.2

 

3.7

Weighted-average discount rate – operating leases

 

6.2

%  

 

6.1

%

Schedule of Future Minimum Lease Payments

  ​ ​ ​

Future Lease

($ in thousands)

Liability

Nine months ended December 31, 2026

2,267

Year ended December 31, 2027

 

3,125

Year ended December 31, 2028

 

3,220

Year ended December 31, 2029

3,054

Year ended December 31, 2030

3,056

Other

 

2,058

Total operating lease liabilities

 

16,780

Less: present value discount

 

(2,531)

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

$

14,249