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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases Tables [Abstract]  
Information Related to Leases

Information related to leases (dollars in 000’s):

 

 

 

Year ended

 

 

Year ended

 

Operating cash flow information:

 

December 31, 2023

 

 

December 31, 2022

 

Operating lease cost

 

$

1,344

 

 

$

1,239

 

Operating lease - cash flow

 

$

1,406

 

 

$

1,281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-cash activity:

 

 

 

 

 

 

ROU assets obtained in exchange for lease liabilities

 

$

581

 

 

$

545

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Weighted-average remaining lease term

 

2.0 years

 

 

3.0 years

 

Weighted-average discount rate

 

 

5

%

 

 

5

%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of December 31, 2023:

(dollars in 000’s):

 

 

 

 

 

2024

 

$

1,177

 

2025

 

 

887

 

2026

 

 

165

 

Total future minimum lease payments

 

$

2,229

 

Less: imputed interest

 

 

(104

)

Present value of lease liabilities - current

 

 

1,099

 

Present value of lease liabilities - non-current

 

$

1,026