Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases

Schedule of Future Minimum Lease Payments

The following table presents information about the amount and timing of the liability arising from the Company’s operating lease as of December 31, 2023 ($ in thousands):

Maturity of Lease Liability	Operating Lease Liability
2024	$	245
2025		245
2026		301
2027		315
2028		324
Thereafter		790
Total undiscounted operating lease payments	$	2,220
Less: Imputed interest		(260	)
Present value of operating lease liability	$	1,960
Weighted average remaining lease term		7.4 years
Weighted average discount rate		3.0	%

Schedule of Supplemental Cash Flows Information Related to Leases

Supplemental cash flows information related to leases was as follows:

	December 31,
	2023
Cash paid for amounts included in the measurement of lease liability ($ in thousands):
Operating cash flows from operating lease	$	238