EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

EARNINGS PER SHARE [Abstract]

Basic and Diluted Earnings Per Share

Basic earnings per share (“EPS”) are computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.

All figures in USD except number of shares and earnings (loss) per common share	2024		2023		2022
Numerator:
Net Income (Loss)		46,643		98,711		15,101
Denominator:
Basic - Weighted Average Common Shares Outstanding		209,227,286		208,796,444		202,032,942
Dilutive – Weighted Average Common Shares Outstanding		209,898,006		208,811,300		202,032,942
Earnings (Loss) per Common Share:
Basic and dilutive		0.22		0.47		0.07