refactor(lazy-imt): target depth calculation

[chancehudson]

Description

Refactors logarithm calculation to be more efficient.

Related Issue(s)

Other information

Checklist

• My code follows the style guidelines of this project
• I have performed a self-review of my code
• I have commented my code, particularly in hard-to-understand areas
• My changes generate no new warnings
• I have run yarn format and yarn compile without getting any errors
• I have added tests that prove my fix is effective or that my feature works
• New and existing unit tests pass locally with my changes

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