Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 320

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 320
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utive effect on
unexercised warrants that are

in-the-money, is computed using the treasury stock

method which assumes
that the proceeds

upon exercise of

these warrants are

used to purchase

common shares at

the average
market

price

for

the

period.

Incremental

shares

are

the

number

of

shares

assumed

issued

under

the
treasury stock

method weighted for

the periods the

non-vested shares

were outstanding. In

2024, 2023,
and 2022,

there were
2,698,994,
1,710,513
and
3,257,861
incremental shares

included in

the denominator
of

the

diluted

earnings

per

share

calculation.

Securities

that

could

potentially

dilute

basic

earnings

per
share in the future but

were not included in the computation of

diluted earnings per share - because their
inclusion would have

been anti-dilutive - consist of

any incremental shares

from unexercised warrants

that
were

out

of

the

money

during

the

reporting

period

and

any

incremental shares

resulting

from

the

non-
vested

restricted

share

awards.

During

the

years

ended

December

31,

2024

and

2023,

the

number

of
common shares that could potentially be

issued in connection with unexercised warrants that

were out of
the

money

for

a

portion

of

the

respective

period

was
390,132,

and
nil,

respectively.

There

were
no

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-34

outstanding securities

during the

year ended

December 31,

2022 that

could potentially

dilute basic

earnings
per share.

During the

years ended

December 31,

2024, 2023

and 2022,

the number

of common

shares
that

could

potentially

be

issued

in

connection

with

non-vested

restricted