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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of total lease costs

($ in thousands)

    

2023

    

2022

Operating lease cost

$

1,337

$

1,474

Short-term lease cost

 

62

 

55

Variable lease cost

 

233

 

217

Sublease income

 

 

(104)

Total lease cost

$

1,632

$

1,642

Schedule of maturities of lease liabilities

As of December 31, 2023, the maturities of lease liabilities were as follows:

Amount

Year

    

(in thousands)

2024

$

1,552

2025

1,552

2026

 

1,552

2027

 

1,294

Total lease payments

5,950

Less: Discount

671

Present value of lease liabilities

5,279

Current portion of lease liabilities

1,258

Non-current portion of lease liabilities

$

4,021

Schedule of contracts with certain executives and key employees

The Company has employment contracts with certain executives and key employees. The future minimum payments under these contracts are as follows:

Employment

($ in thousands)

Contract

Year Ended December 31, 

    

Payments

2024

$

4,292

2025

 

2,150

2026

2,150

2027

2,150

2028

2,150

Thereafter

 

4,837

Total future minimum employment contract payments

$

17,729