Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Components of Lease Cost

The components of lease cost were as follows (dollar amounts in thousands):

	Three Months Ended March 31,
	2023			2022
Lease Cost
Operating lease cost	$	538		$	538
Short-term lease cost		—			—
Sublease income		(147	)		(139	)
Total lease cost	$	391		$	399
Other Information
Cash paid for amounts included in the measurement of lease liabilities	$	641		$	631
Weighted-average remaining lease term	2.46 years			3.28 years
Weighted-average discount rate		5.85	%		5.89	%

Schedule of Maturity Analysis of Annual Undiscounted Cash Flows of Operating Lease Liabilities and Reconciliation to Present Value of Lease Liabilities

The following is a maturity analysis of the remaining annual undiscounted cash flows of the operating lease liabilities and a reconciliation to present value of lease liabilities as of March 31, 2023 (in thousands):

Year ended:
December 31, 2023	$	1,879
December 31, 2024		1,597
December 31, 2025		1,622
Total future minimum lease payments		5,098
Less imputed interest		(339	)
Present value of lease liabilities	$	4,759