Quarterly report [Sections 13 or 15(d)]

Commitments and Contingencies (Tables)

v3.25.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies  
Schedule of lease expense

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Three Months Ended March 31, 

    

($ in thousands)

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2025

​

2024

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Operating lease cost

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$

748

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$

640

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Shared lease costs

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(533)

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(523)

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Variable lease cost

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189

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216

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Total lease expense

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$

404

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$

333

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Summary of Quantitative Information about Operating Leases

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Three Months Ended March 31, 

 

    

($ in thousands)

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2025

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2024

 

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Operating cash flows from operating leases

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$

(852)

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$

(920)

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

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3.7

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4.1

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Weighted-average discount rate – operating leases

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6.1

%  

 

6.5

%

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Schedule of Future Minimum Lease Payments

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Future Lease

($ in thousands)

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Liability

Nine months ended December 31, 2025

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2,461

Year ended December 31, 2026

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2,937

Year ended December 31, 2027

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2,940

Year ended December 31, 2028

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2,967

Year ended December 31, 2029

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3,011

Other

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5,114

Total operating lease liabilities

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19,430

Less: present value discount

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(3,451)

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

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$

15,979