COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum lease obligations under non-cancelable operating leases

Future minimum lease obligations under non-cancelable operating leases, as of December 31, 2022 are as follows ($ in thousands):

2023	$	788
2024	2,171
2025	2,207
2026	2,219
2027	2,232
Thereafter	13,344
Total undiscounted cash flows	22,961
Present value discount (1)	(6,996)
Lease liabilities	$	15,965

(1)Lease liabilities were discounted at the Company's weighted average incremental borrowing rate for similar collateral which is estimated to be 6.62%, and the remaining lease term is 10.6 years.