Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

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)	2024		2023		2024		2023
Components of total lease costs:
Operating lease cost	$	435	$	721	$	863	$	1,380
Short-term lease cost		6		7		12		34
Variable lease cost		—		—		—		—
Total lease cost	$	441	$	728	$	875	$	1,414

Schedule of Operating Lease and Supplemental Information

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

($ in thousands)	June 30, 2024			December 31, 2023
Operating leases:
ROU assets	$	5,653		$	8,023
Lease liability, current		1,109			1,629
Lease liability, long-term		5,169			7,247
Total lease liabilities	$	6,278		$	8,876
Weighted-average remaining lease term (in years)		4.1		4.3
Weighted-average discount rate (annualized)		6.2	%		5.8	%

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)	2024		2023		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	548	$	667	$	1,098	$	1,341
ROU assets obtained in exchange for lease liabilities:
Operating leases		—		—		—		—

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, 2024:

($ in thousands)
2024	$	762
2025		1,390
2026		1,335
2027		924
2028		734
Thereafter		2,808
Total undiscounted lease payments		7,953
Less: Imputed interest		1,675
Total lease liabilities	$	6,278