(Loss) / Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2025

(Loss) / Earnings per Share [Abstract]

(Loss) / Earnings per Share

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

	June 30,
	2025			2024
Net (loss) / income	$	(3,967	)	$	24,288
Less: Dividends to non-vested participating securities		(66	)		(246	)
Less: Undistributed earnings to non-vested participating securities		-			(936	)
Net (loss) / income attributable to common shareholders, basic	$	(4,033	)	$	23,106
Undistributed earnings to non-vested participating securities		-			936
Undistributed earnings reallocated to non-vested participating securities		-			(930	)
Net (loss) / income attributable to common shareholders, diluted	$	(4,033	)	$	23,112
Weighted average number of common shares outstanding, basic		20,255,507			19,533,621
Effect of dilutive securities:
Warrants		-			125,749
Weighted average number of common shares outstanding, diluted		20,255,507			19,659,370
Net (loss) / income per share attributable to common shareholders, basic	$	(0.20	)	$	1.18
Net (loss) / income per share attributable to common shareholders, diluted	$	(0.20	)	$	1.18