Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 290

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 290
---
 entity’s control will require net cash
settlement.

Additional

conditions

necessary

for

equity

classification

include

settlement

to

be
permitted in

unregistered shares,

the entity

to have

sufficient authorized

and unissued

shares, the
contract to contain an explicit share

limit, there should be no requirement

for net cash settlement in
the event the entity fails to make timely filings with the Securities and Exchange Commission (SEC)
and there are no cash settled top-off or make-whole provisions. The Company,

when assessing the
accounting

of

warrants

and

pre-funded

warrants, takes

into

consideration

ASC

480

to

determine
whether the warrants

and pre-funded warrants should be

classified as permanent

equity instead of
temporary equity

or

liability.

The Company

further analyses

the key

features of

warrants and

pre-
funded warrants

and examines

whether these

fall under

the definition

of a

derivative according

to

DIANA SHIPPING INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2024

(Expressed in thousands of U. S. Dollars - except share, per share

data, unless otherwise stated)

F-20

ASC 815 applicable guidance or whether certain of these

features affect the classification. In cases
when derivative accounting is deemed inappropriate, no bifurcation

of these features is performed.
cc)
Guarantees:
Guarantees

issued

by

the

Company,

excluding

those

that

guarantee

its

own
performance,

are

recognized

at

fair

value

at

the

time

the

guarantees

are

issued,

or

upon

the
deconsolidation of a subsidiary. A liability

for the fair value

of the obligation undertaken

in issuing the
guarantee

is

recognized. If

it

becomes

probable

that

the

Company

will

have

to

perform

under

a
guarantee (Note

10(c)), the

Company will

recognize an

additional liability

if the

amount of

the loss
can be

reasonably estimated.

The recognition

of fair

value is

not required

for certain

guarantees such
as the parent's guarantee of

a subsidiary's debt