EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2025

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

11. 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	2025		2024		2023
Numerator:
Net Income (Loss)		12,271		46,643		98,711
Denominator:
Basic - Weighted Average Common Shares Outstanding		211,750,663		209,227,286		208,796,444
Dilutive – Weighted Average Common Shares Outstanding		211,750,663		209,898,006		208,811,300
Earnings (Loss) per Common Share:
Basic and dilutive		0.06		0.22		0.47