XML 127 R33.htm IDEA: XBRL DOCUMENT v3.24.1
Earnings/(Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings/(Loss) Per Common Share [Abstract]  
Calculation of Basic and Diluted Earnings/ (Loss) per Share

The components of the calculation of basic and diluted earnings/(loss) per share for the years ended December 2021, 2022 and 2023 are as follows:

 

   

Year Ended December 31,

 
   

2021

   

2022

   

2023

 

Net Income

    8,616       18,948       6,066  

Less: Deemed dividend for beneficial conversion feature of Series E Shares

    (900 )     -       -  

Less: Deemed dividend equivalents on preferred shares related to redemption value

    (437 )     (14,400 )     -  

Less: Dividends of preferred shares

    (1,883 )     (12,390 )     (6,010 )
Less: Deemed dividend on warrant inducement
    -       (1,345 )     -  
Less: Deemed dividend on Series E Shares conversion     -       -       (22,426 )

Net Income / (Loss)  attributable to common shareholders

    5,396       (9,187 )     (22,370 )
                         

Earnings / (Loss) per share:

                       

Weighted average common shares outstanding, basic and dilutive

    165,966       252,815       1,798,761  

Earnings / (Loss) per share, basic and diluted

    32.51       (36.34 )     (12.44 )