Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Summary of Components of Lease Cost

The components of lease cost are presented in the following table:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Components of total lease costs:
Operating lease cost	$	721	$	679	$	1,380	$	1,368
Short-term lease cost		7		22		34		34
Variable lease cost		—		—		—		—
Total lease cost	$	728	$	701	$	1,414	$	1,402

Schedule of Operating Lease and Supplemental Information

Amounts reported in the Condensed Consolidated Balance Sheets were as follows:

($ in thousands)	June 30, 2023			December 31, 2022
Operating leases:
ROU assets	$	9,485		$	9,847
Lease liability, current		1,750			2,263
Lease liability, long-term		8,480			8,295
Total lease liabilities	$	10,230		$	10,558
Weighted-average remaining lease term (in years)		4.1		4.7
Weighted-average discount rate (annualized)		5.7	%		4.5	%

Summary of Other Information Related to Lease

Other information related to leases are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	667	$	684	$	1,341	$	1,329
ROU assets obtained in exchange for lease liabilities:
Operating leases		—		980		—		2,511

Schedule of Maturity Analysis of the Company's Operating Leases Liabilities

The following table presents a maturity analysis of the Company’s operating leases liabilities as of June 30, 2023:

($ in thousands)
2023	$	1,111
2024		2,246
2025		2,222
2026		2,188
2027		1,269
Thereafter		3,542
Total undiscounted lease payments		12,578
Less: Imputed interest		2,348
Total lease liabilities	$	10,230