Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Components of Lease Expense

The components of lease expense for the three and nine months ended September 30, 2024 and 2023 were as follows:

(dollars in thousands)	Three Months Ended September 30,						Nine Months Ended September 30,
Lease Cost	2024			2023			2024			2023
Fixed operating lease cost	$	495		$	518		$	1,473		$	1,561
Total lease expense	$	495		$	518		$	1,473		$	1,561
Other information
Operating cash outflows from operating leases	$	345		$	345		$	1,032		$	1,037
Sublease income	$	—		$	49		$	—		$	97
Weighted-average remaining lease term—operating leases	2.5			3.4			2.5			3.4
Weighted-average discount rate—operating leases	11.5		%	11.5		%	11.5		%	11.5		%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities due under lease agreements that have commenced as of September 30, 2024 are as follows (in thousands):

Maturity of lease liabilities	Operating Leases
2024 (remainder of the year)	$	349
2025	1,414
2026	1,344
2027	292
2028	49
Total lease payments	3,448
Less: interest	(469)
Total operating lease liabilities as of September 30, 2024	$	2,979