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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Text Block [Abstract]  
Schedule of lease assets and liabilities

The right-of-use assets and liabilities included in our Consolidated Balances Sheets are as follows:

 

December 31,

$ in thousands

 

2021

 

2020

Operating lease right-of-use assets

 

$

16,093

 

$

612

Operating lease liabilities, current

 

 

2,240

 

 

209

Operating lease liabilities, non-current

 

 

14,183

 

 

403

Schedule of lease costs

The components of lease costs were as follows:

 

Years ended
December 31,

$ in thousands

 

2021

 

2020

Operating lease cost

 

$

1,294

 

 

$

230

Sublease income

 

 

(85

)

 

 

Total lease cost

 

$

1,209

 

 

$

230

Schedule of operating lease liability maturity

The following is a maturity analysis of the future undiscounted cash flows associated with our operating lease liabilities:

$ in thousands

 

Year Ended
December 31,

2022

 

$

2,390

 

2023

 

 

2,641

 

2024

 

 

2,546

 

2025

 

 

2,624

 

2026

 

 

2,630

 

Thereafter

 

 

9,810

 

Total future lease payments

 

$

22,641

 

Less: Imputed interest

 

 

(6,218

)

Present value of future lease payments

 

$

16,423

 

Schedule of weighted-average remaining lease terms and discount rates
 

December 31,

   

2021

 

2020

Weighted-average remaining lease term (years)

 

8.7

 

 

2.7

 

Weighted-average discount rate

 

6.9

%

 

6.0

%