Earnings / (Losses) per Share

12 Months Ended

Dec. 31, 2021

Earnings / (Losses) per Share [Abstract]

Earnings / (Losses) per Share

12. Earnings / (Losses) per Share:

The calculation of net income / (loss) per common share is summarized below:

	For the years ended December 31,
	2021		2020			2019
Net income / (loss) - basic		41,348		(18,356	)		(11,698	)
Interest effect of convertible notes		6,473		-			-
Net income / (loss) - diluted		47,821		(18,356)			(11,698)
Weighted average common shares outstanding – basic		153,321,907		33,436,278			958,297
Effect of dilutive securities:
Dilutive effect of warrants		5,410,086		-			-
Dilutive effect of non-vested shares		1,695,220		-			-
Dilutive effect of convertible notes shares		30,910,308		-			-
		38,015,614		-			-
Weighted average common shares outstanding – diluted		191,337,521		33,436,278			958,297
Net income / (loss) per common share – basic	$	0.27	$	(0.55	)	$	(12.21	)
Net income / (loss) per common share – diluted	$	0.25	$	(0.55	)	$	(12.21	)

As of December 31, 2020 and 2019, securities that could potentially dilute basic loss per share (LPS) in the future that were not included in the computation of diluted LPS, because to do so would have anti-dilutive effect, are any incremental shares of non-vested equity incentive plan shares (Note 13) and of unexercised warrants (Note 10), both calculated with the treasury stock method, as well as shares assumed to be converted with respect to the convertible notes (Note 7) calculated with the if-converted method.