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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases, Operating [Abstract]  
Components of Lease Expense

The components of lease expense were as follows:

 

 

 

Year Ended December 31,

 

($ in thousands)

 

2021

 

 

2020

 

Operating lease cost

 

$

1,394

 

 

$

1,054

 

Total lease cost

 

$

1,394

 

 

$

1,054

 

Weighted-average remaining lease term (years)

 

 

5.58

 

 

 

6.19

 

Weighted-average discount rate

 

 

8.00

%

 

 

8.00

%

 

Lessee, Operating Lease, Liability, Maturity

As of December 31, 2021, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

 

Maturity of Lease Liabilities

 

 

 

 

Operating Leases

 

2022

 

 

 

 

 

1,102

 

2023

 

 

 

 

 

1,132

 

2024

 

 

 

 

 

1,166

 

2025

 

 

 

 

 

1,201

 

2026

 

 

 

 

 

1,121

 

Thereafter

 

 

 

 

752

 

Total lease payments

 

 

 

 

 

6,474

 

Less: imputed interest

 

 

 

 

 

(1,227

)

Present value of lease payments

 

 

 

 

$

5,247