Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Schedule of Supplemental Information Related to Leases

Supplemental information related to leases was as follows:


		Three Months Ended March 31,
($ in thousands)		2026				2025
Cash payments for amounts included in the measurement of operating lease liabilities		$	516			$	122
Tenant incentive allowances		$	-			$	763


		As of
		March 31,				December 31,
		2026				2025
Weighted-average remaining lease term (in years)			9.1				9.3
Weighted-average discount rate			7.5	%			7.5	%

There were no right-of-use assets obtained in exchange for new or acquired operating lease liabilities during each of the three months ended March 31, 2026 and 2025.

Schedule of Company Operating Lease Liability Maturities

The Company’s operating lease liability maturities as of March 31, 2026 are as follows:


($ in thousands)
Remainder of 2026		$	1,573
2027			1,949
2028			1,922
2029			1,974
2030			2,029
2031			2,085
Thereafter			7,749
Total future lease payments			19,281
Less: Imputed interest			(5,339	)
Total lease liabilities		$	13,942

Schedule of Company Operating Lease Right of Use Assets and Operating Lease Liabilities

The Company’s operating lease right-of-use assets and operating lease liabilities, and the associated financial statement line items, are as follows as of the respective period ends:


				March 31,				December 31,
($ in thousands)		Financial Statement Line Items		2026				2025
Right-of-use assets		Other non-current assets		$	7,266			$	7,408
Lease liabilities:
Current liabilities		Accrued and other current liabilities		$	1,138			$	1,105
Non-current liabilities		Other long-term liabilities			12,804				13,100
Total lease liabilities				$	13,942			$	14,205