Earnings / (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings / (Loss) per Share [Abstract]

Earnings / (Loss) per Share

The calculation of net income per common share is summarized below:

	June 30,
	2024			2023
Net income / (loss)	$	24,288		$	(3,507	)
Less: Dividends to non-vested participating securities		(246	)		(76	)
Less: Undistributed earnings to non-vested participating securities		(936	)		-
Net income / (loss) attributable to common shareholders, basic	$	23,106		$	(3,583	)
Undistributed earnings to non-vested participating securities		936			-
Undistributed earnings reallocated to non-vested participating securities		(930	)		-
Net income / (loss) attributable to common shareholders, diluted	$	23,112		$	(3,583	)
Weighted average number of common shares outstanding, basic		19,533,621			18,196,521
Effect of dilutive securities:
Warrants		125,749			-
Weighted average number of common shares outstanding, diluted		19,659,370			18,196,521
Net income / (loss) per share attributable to common shareholders, basic	$	1.18		$	(0.20	)
Net income / (loss) per share attributable to common shareholders, diluted	$	1.18		$	(0.20	)