Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.23.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies  
Schedule of lease expense

    

Year Ended December 31, 

    

($ in thousands)

2022

2021

Operating lease cost

$

3,524

$

3,253

Shared lease costs

 

(2,127)

(1,835)

Variable lease cost

 

648

727

Total lease expense

$

2,045

$

2,145

Summary of Quantitative Information about Operating Leases

The following tables summarize quantitative information about the Company’s operating leases:

    

Year Ended December 31, 

 

    

($ in thousands)

2022

2021

 

Operating cash flows from operating leases

$

(3,473)

$

(3,366)

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

$

2,953

$

207

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

 

4.7

 

5.2

Weighted-average discount rate – operating leases

 

6.6

%  

 

6.3

%

Schedule of Future Minimum Lease Payments

    

Year Ended December 31, 

 

    

($ in thousands)

2022

2021

 

Operating cash flows from operating leases

$

(3,473)

$

(3,366)

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

$

2,953

$

207

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

 

4.7

 

5.2

Weighted-average discount rate – operating leases

 

6.6

%  

 

6.3

%