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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of total lease costs

For the years ended December 31, 2024 and 2023, total lease expense included in selling, general and administrative expenses on the Company's consolidated statements of operations was approximately $0.9 million and $1.6 million, respectively, and was comprised of the following:

($ in thousands)

    

2024

    

2023

Operating lease cost

$

1,205

$

1,337

Short-term lease cost

 

98

 

62

Variable lease cost

 

247

 

233

Sublease income

 

(671)

 

Total lease cost

$

879

$

1,632

Schedule of maturities of lease liabilities

As of December 31, 2024, the maturities of lease liabilities were as follows:

Amount

Year

    

(in thousands)

2025

$

1,926

2026

2,060

2027

 

1,841

2028

 

570

2029

 

585

Thereafter

 

1,420

Total lease payments

8,402

Less: Discount

1,592

Present value of lease liabilities

6,810

Current portion of lease liabilities

1,513

Non-current portion of lease liabilities

$

5,297