Quarterly report pursuant to Section 13 or 15(d)

Financing Lease (Tables)

v3.24.3
Financing Lease (Tables)
9 Months Ended
Sep. 30, 2024
Financing Lease  
Schedule of Future Minimum Financing Lease Payments

The following table presents information about the amount and timing of the liability arising from the Company’s financing lease as of September 30, 2024 ($ in thousands):

  

Maturity of Lease Liability  

Financing

Lease

Liability

 
2024 (Remainder of year)   $ 22  
2025     90  
2026     90  
2027     91  
2028     91  
Thereafter     98  
Total undiscounted financing lease payments `     482  
Less: Imputed interest     (101 )
Present value of financing lease liability   $ 381  
Weighted average remaining lease term     5.3 years  
Weighted average discount rate     9.1 %