OPERATING LEASE OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2024

OPERATING LEASE OBLIGATIONS

Schedule of rent expense and quantitative information

	Three-Month Periods Ended				Nine-Month Periods Ended
	September 30,				September 30,
($’s in thousands)	2024		2023		2024		2023
Operating lease cost	$	24	$	24	$	72	$	72
Variable lease cost		1		1		4		3
Total lease cost	$	25	$	25	$	76	$	75

	Three-Month Periods Ended						Nine-Month Periods Ended
	September 30,						September 30,
($’s in thousands)	2024			2023			2024			2023
Cash paid for amounts included in the measurement of lease liabilities	$	26		$	25		$	77		$	67
Weighted-average remaining lease term - operating leases		0.3			1.4			0.3			1.4
Weighted-average discount rate - operating leases		6.25	%		6.25	%		6.25	%		6.25	%

Schedule of operating lease liability

As of September 30, 2024, future minimum lease payments under lease agreements associated with the Company’s operations were as follows:

$’s in thousands
Remainder of 2024	$	25
2025		9
Total lease payments		34
Less: present value discount		—
Total operating lease liabilities	$	34