Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 286

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 286
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of

charter

or

vessel

but

is

instead

regularly

provided

with

only

the

consolidated
expenses

as

noted

on

the

face

of

the

consolidated

statements

of

income.

The

CODM

assesses
performance

for

the

vessel

operations

segment and

decides

how

to

allocate

resources

based

on
consolidated net

income. Additionally,

the vessels

do not

operate in

specific geographic

areas, as
they trade worldwide; they do not

trade in specific trade routes, as

their trading (route and cargo) is
dictated by the charterers;

and the Company

does not evaluate

the operating results

for each type

of
dry bulk vessels (i. e. Panamax, Capesize etc.) for the purpose of making decisions about allocating
resources and assessing performance.
In

November

2023,

the

FASB

issued

ASU

2023-07,

which

requires

the

disclosure

of

significant
segment

expenses

that

are

part

of

an

entity’s

segment

measure

of

profit

or

loss

and

regularly
provided to

the chief

operating decision

maker.

In addition,

it adds

or makes

clarifications to

other
segment-related

disclosures,

such

as

clarifying

that

the

disclosure

requirements

in

ASC

280

are
required

for

entities

with

a

single

reportable

segment

and

that

an

entity

may

disclose

multiple
measures

of

segment

profit

and

loss.

ASU

2023-07

is

effective

for

fiscal

years

beginning

after
December 15, 2023 and

interim periods beginning

after December 15, 2024.

The Company adopted
ASU 2023-07 as of January 1, 2024 and its adoption has limited impact on the

Company’s financial
disclosures and there was no impact to financial position or results

of operations.
u)
Fair Value

Measurements
: The

Company classifies and

discloses its

assets and

liabilities carried
at fair

value in

one of the

following categories: Level

1