Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 288

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 288
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support

to

the

investee.

The

Company

also
evaluates whether a loss in value of an investment that

is other than a temporary decline should be
recognized. Evidence

of a

loss in

value might

include absence

of an

ability to

recover the

carrying
amount of the investment

or inability of

the investee to

sustain an earnings

capacity that would

justify
the carrying amount

of the investment.

For equity

method investments

that the Company

has elected

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-19

to account

for using

the fair

value option,

all subsequent

changes in

fair value

are included

in gain/loss
on related party investments.
x)
Going concern:
Management evaluates, at each

reporting period, whether there

are conditions or
events that raise

substantial doubt about

the Company's ability

to continue as

a going concern

within
one year from the date the financial statements are issued.
y)
Shares repurchased and retired:
The Company’s shares

repurchased are immediately cancelled
and the Company’s share capital

is accordingly reduced. Any excess of

the cost of the shares

over
their par value is allocated

in additional paid-in capital, in

accordance with ASC 505-30-30, Treasury
Stock.
z)
Financial Instruments, credit losses
: At each reporting date,

the Company evaluates its financial
assets

individually

for

credit

losses

and

presents

such

assets

in

the

net

amount

expected

to

be
collected on

such financial

asset. When

financial assets

present similar

risk characteristics,

these are
evaluated

on

a

collective

basis.

When

developing

an

estimate

of

expected

credit

losses,

the
Company considers available information relevant to assessing the

collectability of cash flows such
as internal

information, past

events, current

conditions and

reasonable and

supportable forecasts.
No
credit losses were identified and recorded in 2024 and 2023.
aa)
Financial Instruments, Investments-Equity

Securities, Recognition and

Measurement
: Equity