0001318885 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:PreferredStockMember 2025-06-30 0001318885 2025-01-01 2025-06-30 0001318885 dsx:DanishShipFinanceMember 2026-06-30 0001318885 us-gaap:RelatedPartyMember 2026-06-30 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-12-31 0001318885 dsx:ShipbuildingContractsMember 2026-06-30 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember 2025-06-30 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:PreferredStockMember 2026-01-01 2026-06-30 0001318885 2026-06-30 0001318885 dsx:SeniorUnsecuredBond875PercentMember 2024-07-02 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember dsx:Mrs.SemiramisPaliouMember 2026-06-30 0001318885 us-gaap:AdditionalPaidInCapitalMember 2026-01-01 2026-06-30 0001318885 us-gaap:SecuredDebtMember 2026-06-30 0001318885 dsx:BergenJointVentureMember 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:PreferredStockMember 2025-12-31 0001318885 us-gaap:SeriesCPreferredStockMember us-gaap:PreferredStockMember 2025-12-31 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember dsx:Mrs.SemiramisPaliouMember 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:PreferredStockMember 2026-06-30 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2026-06-30 0001318885 2025-12-31 0001318885 us-gaap:RetainedEarningsMember 2025-01-01 2025-06-30 0001318885 dsx:DsiAndromedaMember 2022-12-06 0001318885 us-gaap:PreferredStockMember 2026-06-30 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesCPreferredStockMember us-gaap:PreferredStockMember 2026-06-30 0001318885 us-gaap:FairValueMeasurementsRecurringMember 2026-06-30 0001318885 us-gaap:CommonStockMember 2025-06-30 0001318885 srt:MinimumMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001318885 us-gaap:RetainedEarningsMember 2026-01-01 2026-06-30 0001318885 dsx:NationalBankOfGreeceSaMember 2026-01-01 2026-06-30 0001318885 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001318885 us-gaap:CommonStockMember 2025-01-01 2025-06-30 0001318885 dsx:BergenJointVentureMember 2026-06-30 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember 2025-12-31 0001318885 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2026-06-30 0001318885 us-gaap:RelatedPartyMember 2025-12-31 0001318885 dsx:DianaMarinersMember 2026-06-30 0001318885 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2026-06-30 0001318885 dsx:July2027Member dsx:SeniorUnsecuredBond875PercentMember 2024-07-02 2024-07-02 0001318885 dsx:ExportImportBankOfChinaMember us-gaap:SecuredDebtMember 2017-01-04 2017-01-04 0001318885 2025-03-21 2025-03-21 0001318885 us-gaap:AdditionalPaidInCapitalMember 2025-12-31 0001318885 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2026-06-30 0001318885 dsx:DianaMarinersMember 2025-12-31 0001318885 us-gaap:CommonStockMember 2026-01-01 2026-06-30 0001318885 dsx:SeniorUnsecuredBond8.375PercentMember 2026-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember dsx:ManagementAgreementsMember 2025-01-01 2025-06-30 0001318885 dsx:IfAllWarrantsAreExercisedMember 2026-01-01 2026-06-30 0001318885 us-gaap:RelatedPartyMember 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesDPreferredStockMember dsx:Mrs.SemiramisPaliouMember 2026-01-01 2026-06-30 0001318885 us-gaap:SeriesCPreferredStockMember us-gaap:PreferredStockMember 2025-06-30 0001318885 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001318885 us-gaap:CommonStockMember 2025-12-31 0001318885 us-gaap:SeriesCPreferredStockMember us-gaap:PreferredStockMember 2026-01-01 2026-06-30 0001318885 us-gaap:WarrantMember 2023-12-14 0001318885 dsx:GencoShippingAndTradingMember 2026-06-30 0001318885 dsx:January2028Member dsx:SeniorUnsecuredBond875PercentMember 2024-07-02 2024-07-02 0001318885 dsx:NewOrleansAndSantaBarbaraVesselsMember 2022-08-17 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember 2024-12-31 0001318885 dsx:Florida2022BuiltCapesizeVesselMember 2022-03-29 0001318885 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-06-30 0001318885 us-gaap:RetainedEarningsMember 2025-12-31 0001318885 dsx:DianaWilhelmsenManagementLimitedMember 2025-01-01 2025-06-30 0001318885 us-gaap:SecuredDebtMember 2025-12-31 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2026-01-01 2026-06-30 0001318885 dsx:AltairTravelAgencySaMember 2025-12-31 0001318885 us-gaap:PreferredStockMember 2025-12-31 0001318885 dsx:DanishShipFinanceMember 2023-04-12 0001318885 dsx:SteamshipShipbrokingEnterprisesMember 2026-06-30 0001318885 us-gaap:CommonStockMember 2026-06-30 0001318885 us-gaap:WarrantMember 2026-01-01 2026-06-30 0001318885 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001318885 dsx:NationalBankOfGreeceSaMember 2026-06-30 0001318885 dsx:BergenJointVentureMember 2025-01-01 2025-06-30 0001318885 dsx:WindwardMember 2026-01-01 2026-06-30 0001318885 dsx:BergenJointVentureMember 2025-12-31 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember dsx:Mrs.SemiramisPaliouMember 2025-12-31 0001318885 dsx:NationalBankOfGreeceSaMember 2025-09-29 0001318885 dsx:BergenMember 2025-11-19 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2025-12-31 0001318885 dsx:NordeaBankMember 2024-07-25 0001318885 us-gaap:WarrantMember 2025-12-31 0001318885 us-gaap:RetainedEarningsMember 2025-06-30 0001318885 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2026-06-30 0001318885 dsx:CommissionOnLoanGuaranteeMember dsx:BergerJointVentureMember 2026-01-01 2026-06-30 0001318885 us-gaap:RelatedPartyMember 2025-01-01 2025-06-30 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2023-07-06 0001318885 dsx:CargillInternationalSaMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-06-30 0001318885 dsx:DianagasincmemberMember dsx:EcogasholdingsasmemberMember 2026-06-30 0001318885 us-gaap:AdditionalPaidInCapitalMember 2025-06-30 0001318885 dsx:DanishShipFinanceMember 2023-04-18 2023-04-19 0001318885 dsx:DianaWilhelmsenManagementLimitedMember 2025-12-31 0001318885 us-gaap:RetainedEarningsMember 2026-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember 2025-06-30 0001318885 dsx:July2028Member dsx:SeniorUnsecuredBond875PercentMember 2024-07-02 2024-07-02 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2026-06-30 0001318885 us-gaap:SeriesDPreferredStockMember us-gaap:PreferredStockMember 2026-06-30 0001318885 dsx:AltairTravelAgencySaMember 2025-01-01 2025-06-30 0001318885 dsx:SteamshipShipbrokingEnterprisesMember 2025-12-31 0001318885 dsx:DanishShipFinanceMember 2023-04-19 0001318885 us-gaap:SeriesCPreferredStockMember us-gaap:PreferredStockMember 2024-12-31 0001318885 us-gaap:WarrantMember 2025-01-01 2025-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember 2026-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember dsx:ManagementAgreementsMember 2026-01-01 2026-06-30 0001318885 dsx:WindwardMember 2025-01-01 2025-06-30 0001318885 dsx:DanishShipFinanceMember 2026-01-01 2026-06-30 0001318885 2025-06-30 0001318885 us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2026-06-30 0001318885 dsx:WindwardMember 2025-12-31 0001318885 dsx:AltairTravelAgencySaMember 2026-06-30 0001318885 dsx:AltairTravelAgencySaMember 2026-01-01 2026-06-30 0001318885 dsx:WindwardMember 2026-06-30 0001318885 us-gaap:SeriesAPreferredStockMember us-gaap:PreferredStockMember 2025-12-31 0001318885 dsx:DianaWilhelmsenManagementLimitedMember dsx:ManagementAgreementsMember 2026-06-30 0001318885 dsx:January2029Member dsx:SeniorUnsecuredBond875PercentMember 2024-07-02 2024-07-02 0001318885 dsx:SteamshipShipbrokingEnterprisesMember 2025-01-01 2025-06-30 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2025-12-31 0001318885 dsx:NordeaBankMember 2026-01-01 2026-06-30 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2026-01-01 2026-06-30 0001318885 dsx:ExportImportBankOfChinaMember us-gaap:SecuredDebtMember 2026-01-01 2026-06-30 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2023-06-26 0001318885 dsx:NordeaBankMember 2026-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember dsx:ManagementAgreementsMember 2025-12-31 0001318885 dsx:BergenJointVentureMember dsx:AdministrativeServiceAgreementMember 2026-01-01 2026-06-30 0001318885 dsx:SteamshipShipbrokingEnterprisesMember 2026-01-01 2026-06-30 0001318885 srt:MinimumMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2025-01-01 2025-06-30 0001318885 us-gaap:FairValueInputsLevel1Member dsx:SeniorUnsecuredBond8.375PercentMember 2026-06-30 0001318885 dsx:DianaWilhelmsenManagementLimitedMember 2026-01-01 2026-06-30 0001318885 us-gaap:AdditionalPaidInCapitalMember 2026-06-30 0001318885 2024-12-31 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:PreferredStockMember 2024-12-31 0001318885 us-gaap:CommonStockMember 2024-12-31 0001318885 us-gaap:RetainedEarningsMember 2024-12-31 0001318885 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001318885 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-06-30 0001318885 dsx:BergenMember 2026-01-29 2026-01-29 0001318885 dsx:BergenJointVentureMember dsx:AdministrativeServiceAgreementMember 2025-01-01 2025-06-30 0001318885 dsx:DianaMarinersMember 2026-01-01 2026-06-30 0001318885 dsx:DianaMarinersMember 2025-01-01 2025-06-30 0001318885 dsx:DianagasincmemberMember dsx:EcogasholdingsasmemberMember 2026-01-01 2026-06-30 0001318885 dsx:DianagasincmemberMember dsx:EcogasholdingsasmemberMember 2025-12-31 0001318885 dsx:GencoShippingAndTradingMember 2025-12-31 0001318885 dsx:GencoShippingAndTradingMember 2026-01-01 2026-06-30 0001318885 2025-06-24 2025-06-24 0001318885 2026-03-18 2026-03-18 0001318885 2026-06-18 2026-06-18 0001318885 dsx:IfAllWarrantsAreExercisedMember 2026-06-30 0001318885 dsx:CargillInternationalSaMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2025-01-01 2025-06-30 0001318885 dsx:NipponYusenKaishaMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2025-01-01 2025-06-30 0001318885 dsx:NipponYusenKaishaMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001318885 dsx:SwissmarinePte.LtdMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001318885 dsx:BungesagenevaMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 2026-01-01 2026-06-30 0001318885 dsx:GencoShippingAndTradingMember 2025-01-01 2025-06-30 0001318885 dsx:OceanpalMember 2026-01-01 2026-06-30 0001318885 dsx:OceanpalMember 2025-01-01 2025-06-30 0001318885 dsx:GencoShippingAndTradingMember 2026-04-01 2026-06-30 0001318885 dsx:NationalBankOfGreeceSaMember 2025-12-31 0001318885 us-gaap:SubsequentEventMember 2026-07-30 0001318885 us-gaap:SubsequentEventMember 2026-07-08 2026-07-08 0001318885 dsx:EcogasholdingsasmemberMember us-gaap:SubsequentEventMember 2026-07-08 2026-07-08 0001318885 dsx:BergenJointVentureMember us-gaap:SubsequentEventMember 2026-07-10 2026-07-10 0001318885 us-gaap:SeriesBPreferredStockMember us-gaap:SubsequentEventMember 2026-07-15 2026-07-15 0001318885 dsx:DNBBankASAMember us-gaap:SecuredDebtMember 2025-01-01 2025-06-30 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2026-07-30 2026-07-30 0001318885 us-gaap:WarrantMember 2026-06-30 0001318885 dsx:WindwardMember 2025-01-01 2025-12-31 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2026-06-30 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2025-12-31 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2026-01-01 2026-06-30 0001318885 dsx:OceanpalMember dsx:SeriesCConvertiblePreferredStockMember 2025-01-01 2025-06-30 0001318885 dsx:OceanpalMember us-gaap:CommonStockMember 2026-06-30 0001318885 dsx:OceanpalMember us-gaap:CommonStockMember 2025-12-31 0001318885 dsx:OceanpalMember 2026-06-30 0001318885 dsx:OceanpalMember 2025-12-31 0001318885 2024-02-08 0001318885 dsx:DianaWilhelmsenManagementLimitedMember us-gaap:SubsequentEventMember 2026-07-27 2026-07-27 0001318885 dsx:CommissionOnLoanGuaranteeMember dsx:BergenJointVentureMember 2026-01-01 2026-06-30 0001318885 dsx:CommissionOnLoanGuaranteeMember dsx:BergenJointVentureMember 2025-01-01 2025-06-30 0001318885 dsx:DianagasincmemberMember dsx:EcogasholdingsasmemberMember 2025-01-01 2025-12-31 0001318885 dsx:WindwardMember 2026-06-30 0001318885 dsx:EcogasholdingsasmemberMember 2026-06-30 0001318885 dsx:SaleAndLeaseBackAgreementMember 2026-06-30 0001318885 dsx:FuelEUAssignmentAgreementMember dsx:SteamshipShipbrokingEnterprisesMember 2026-01-01 2026-06-30 0001318885 us-gaap:WarrantMember 2025-06-30 0001318885 dsx:TenderOfferMember 2024-12-02 0001318885 dsx:TenderOfferMember 2025-01-07 2025-01-07 iso4217:EUR iso4217:USD pure shares iso4217:USD shares dummy:Vessels dummy:Item 124413701 1000000000 --12-31 false Q2 0001318885 0.01 115787434 1.109375 1.109375 6-K 2026 DIANA SHIPPING INC. 2026-06-30 48678000 50505000 51250000 53750000 6683000 3739000 1370000 1157000 4396000 4137000 8674000 8828000 155235000 118194000 237000 338000 62000 4227000 276585000 244875000 21477000 20877000 759243000 777938000 29165000 27848000 809885000 826663000 18000000 18000000 58382000 53875000 4985000 31000 27564000 26748000 918816000 925317000 1195401000 1170192000 88670000 50281000 10264000 10041000 11754000 10611000 241000 89000 17071000 13444000 4675000 4970000 2352000 0 109000 144000 135136000 89580000 409012000 472528000 98109000 103259000 0 217000 0 1330000 1692000 865000 508813000 578199000 26000 26000 0.01 1000000000 124413701 115787434 1244000 1158000 1131921000 1126049000 2185000 3648000 -583924000 -628468000 551452000 502413000 1195401000 1170192000 112020000 109625000 6483000 6064000 40421000 39962000 24160000 22839000 17022000 17133000 555000 636000 0 1500000 21000 -460000 23400000 24031000 19427000 21890000 6655000 3778000 201000 -227000 -100000 2482000 40683000 -403000 1086000 -515000 -418000 -747000 26508000 -16492000 49908000 7539000 2884000 2884000 47024000 4655000 0.42 0.04 0.41 0.04 113219648 110095604 113584563 110095604 49908000 7539000 -1463000 3208000 -1463000 3208000 48445000 10747000 2600000 26000 10675 0 400 0 125203405 1252000 1139363000 312000 -635896000 505057000 7539000 7539000 12802 0 16000 16000 2000000 20000 5250000 5270000 11442645 114000 22934000 -23048000 0.02 2316000 2316000 2884000 2884000 3208000 3208000 2600000 26000 10675 0 400 0 115773562 1158000 1121695000 3520000 -633557000 492842000 2600000 26000 10675 0 400 0 115787434 1158000 1126049000 3648000 -628468000 502413000 49908000 49908000 876267 9000 2031000 2040000 7750000 77000 3841000 3918000 0.02 2480000 2480000 2884000 2884000 -1463000 -1463000 2600000 26000 10675 0 400 0 124413701 1244000 1131921000 2185000 -583924000 551452000 49908000 7539000 24160000 22839000 1040000 1073000 3918000 5270000 252000 -227000 0 1500000 -100000 2482000 -418000 -767000 40683000 -403000 1086000 -515000 2944000 -1464000 -162000 -96000 259000 140000 -140000 2471000 -584000 2002000 152000 -25000 2949000 -1945000 -295000 -162000 828000 139000 2010000 6744000 37834000 25835000 643000 727000 0 11535000 3675000 3505000 8539000 40295000 3642000 0 0 20000000 0 17500000 -390000 0 1822000 851000 -4077000 -29333000 2097000 69000 2884000 2884000 2480000 2316000 0 23048000 3722000 0 31095000 28391000 -38084000 -56570000 -4327000 -60068000 122255000 143666000 117928000 83598000 48678000 65098000 51250000 0 18000000 18500000 117928000 83598000 2298000 0 10995000 21246000 <div id="TextBlockContainer14" style="position:relative;line-height:normal;width:706px;height:678px;"><div id="TextContainer14" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a6561_1_71" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:10px;top:0px;">1.<div style="display:inline-block;width:20px;white-space:pre"> </div>Basis of Presentation and General Information and Recent Accounting </div><div id="a6565" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:44px;top:18px;">Pronouncements </div></div><div id="div_2_XBRL_TS_031f9341ffb5409eb379a3e7eb87bf00" style="position:absolute;left:0px;top:53px;float:left;"><div id="TextBlockContainer3" style="position:relative;line-height:normal;width:704px;height:103px;"><div id="TextContainer3" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6567" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>accounts<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Diana </div><div id="a6568" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">Shipping Inc., or DSI and its<div style="display:inline-block;width:6px;white-space:pre"> </div>wholly owned subsidiaries (collectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>the “Company”). DSI was formed on </div><div id="a6572" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">March<div style="display:inline-block;width:8px;white-space:pre"> </div>8,<div style="display:inline-block;width:8px;white-space:pre"> </div>1999,<div style="display:inline-block;width:8px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>Diana<div style="display:inline-block;width:8px;white-space:pre"> </div>Shipping<div style="display:inline-block;width:8px;white-space:pre"> </div>Investment<div style="display:inline-block;width:8px;white-space:pre"> </div>Corp.<div style="display:inline-block;width:8px;white-space:pre"> </div>under<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>laws<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Republic<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Liberia.<div style="display:inline-block;width:8px;white-space:pre"> </div>In </div><div id="a6576" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">February<div style="display:inline-block;width:6px;white-space:pre"> </div>2005,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>articles<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>incorporation were<div style="display:inline-block;width:7px;white-space:pre"> </div>amended. Under<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>amended articles<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a6577" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">incorporation, the Company was renamed Diana Shipping Inc. and was re-domiciled from the Republic of </div><div id="a6580" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">Liberia to the Republic of the Marshall Islands.</div></div></div></div><div id="TextContainer15" style="position:relative;width:706px;z-index:1;font-size:10.72px;"></div><div id="div_5_XBRL_TS_c61ac48a25bf4c779d5f022f5c1c5b00" style="position:absolute;left:0px;top:171px;float:left;"><div id="TextBlockContainer6" style="position:relative;line-height:normal;width:704px;height:255px;"><div id="TextContainer6" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6583" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The<div style="display:inline-block;width:11px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:11px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:11px;white-space:pre"> </div>interim<div style="display:inline-block;width:11px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:11px;white-space:pre"> </div>financial<div style="display:inline-block;width:11px;white-space:pre"> </div>statements<div style="display:inline-block;width:11px;white-space:pre"> </div>have<div style="display:inline-block;width:11px;white-space:pre"> </div>been<div style="display:inline-block;width:11px;white-space:pre"> </div>prepared<div style="display:inline-block;width:11px;white-space:pre"> </div>in </div><div id="a6584" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">accordance<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:8px;white-space:pre"> </div>generally<div style="display:inline-block;width:8px;white-space:pre"> </div>accepted<div style="display:inline-block;width:8px;white-space:pre"> </div>accounting<div style="display:inline-block;width:8px;white-space:pre"> </div>principles,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:8px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:8px;white-space:pre"> </div>GAAP,<div style="display:inline-block;width:10px;white-space:pre"> </div>for<div style="display:inline-block;width:8px;white-space:pre"> </div>interim<div style="display:inline-block;width:8px;white-space:pre"> </div>financial </div><div id="a6585" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">information.<div style="display:inline-block;width:6px;white-space:pre"> </div>Accordingly,<div style="display:inline-block;width:7px;white-space:pre"> </div>they<div style="display:inline-block;width:6px;white-space:pre"> </div>do<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>all<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>information<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>notes<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:6px;white-space:pre"> </div>GAAP<div style="display:inline-block;width:6px;white-space:pre"> </div>for </div><div id="a6586" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">complete<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements.<div style="display:inline-block;width:7px;white-space:pre"> </div>These<div style="display:inline-block;width:7px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>have<div style="display:inline-block;width:7px;white-space:pre"> </div>been </div><div id="a6587" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">prepared on the<div style="display:inline-block;width:6px;white-space:pre"> </div>same basis and<div style="display:inline-block;width:6px;white-space:pre"> </div>should be read<div style="display:inline-block;width:6px;white-space:pre"> </div>in conjunction with<div style="display:inline-block;width:6px;white-space:pre"> </div>the financial statements<div style="display:inline-block;width:6px;white-space:pre"> </div>for the year </div><div id="a6588" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">ended<div style="display:inline-block;width:8px;white-space:pre"> </div>December<div style="display:inline-block;width:8px;white-space:pre"> </div>31,<div style="display:inline-block;width:8px;white-space:pre"> </div>2025<div style="display:inline-block;width:8px;white-space:pre"> </div>included<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>Annual<div style="display:inline-block;width:8px;white-space:pre"> </div>Report<div style="display:inline-block;width:8px;white-space:pre"> </div>on<div style="display:inline-block;width:8px;white-space:pre"> </div>Form<div style="display:inline-block;width:8px;white-space:pre"> </div>20-F<div style="display:inline-block;width:8px;white-space:pre"> </div>filed<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>the </div><div id="a6592" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">Securities and<div style="display:inline-block;width:6px;white-space:pre"> </div>Exchange Commission on<div style="display:inline-block;width:6px;white-space:pre"> </div>March 13,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and,<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>opinion of<div style="display:inline-block;width:6px;white-space:pre"> </div>management, reflect<div style="display:inline-block;width:6px;white-space:pre"> </div>all </div><div id="a6595" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">normal<div style="display:inline-block;width:6px;white-space:pre"> </div>recurring<div style="display:inline-block;width:6px;white-space:pre"> </div>adjustments<div style="display:inline-block;width:6px;white-space:pre"> </div>considered<div style="display:inline-block;width:6px;white-space:pre"> </div>necessary<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>presentation<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company's<div style="display:inline-block;width:6px;white-space:pre"> </div>financial </div><div id="a6596" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">position,<div style="display:inline-block;width:6px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>operations<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:7px;white-space:pre"> </div>flows<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>periods<div style="display:inline-block;width:6px;white-space:pre"> </div>presented.<div style="display:inline-block;width:6px;white-space:pre"> </div>Operating<div style="display:inline-block;width:6px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>six </div><div id="a6597" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">months ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026, are<div style="display:inline-block;width:6px;white-space:pre"> </div>not necessarily indicative<div style="display:inline-block;width:5px;white-space:pre"> </div>of the results<div style="display:inline-block;width:6px;white-space:pre"> </div>that might be<div style="display:inline-block;width:6px;white-space:pre"> </div>expected for the </div><div id="a6599" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">fiscal year ending December 31, 2026. </div><div id="a6604" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">The<div style="display:inline-block;width:10px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:10px;white-space:pre"> </div>balance<div style="display:inline-block;width:10px;white-space:pre"> </div>sheet<div style="display:inline-block;width:10px;white-space:pre"> </div>as<div style="display:inline-block;width:10px;white-space:pre"> </div>of<div style="display:inline-block;width:10px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:10px;white-space:pre"> </div>2025,<div style="display:inline-block;width:10px;white-space:pre"> </div>has<div style="display:inline-block;width:10px;white-space:pre"> </div>been<div style="display:inline-block;width:10px;white-space:pre"> </div>derived<div style="display:inline-block;width:10px;white-space:pre"> </div>from<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>audited </div><div id="a6607" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>date,<div style="display:inline-block;width:7px;white-space:pre"> </div>but<div style="display:inline-block;width:7px;white-space:pre"> </div>does<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>include<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>information<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>footnotes </div><div id="a6608" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">required by U.S. GAAP for complete financial statements.</div></div></div></div><div id="TextContainer16" style="position:relative;width:706px;z-index:1;font-size:10.72px;"></div><div id="div_8_XBRL_TS_eec176410d3e42af81b2465d93592302" style="position:absolute;left:0px;top:441px;float:left;"><div id="TextBlockContainer9" style="position:relative;line-height:normal;width:704px;height:86px;"><div id="TextContainer9" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6611" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>is engaged<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>ocean transportation<div style="display:inline-block;width:6px;white-space:pre"> </div>of dry<div style="display:inline-block;width:6px;white-space:pre"> </div>bulk cargoes<div style="display:inline-block;width:6px;white-space:pre"> </div>worldwide mainly<div style="display:inline-block;width:6px;white-space:pre"> </div>through the </div><div id="a6612" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">ownership<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>bareboat<div style="display:inline-block;width:7px;white-space:pre"> </div>charter<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>dry<div style="display:inline-block;width:7px;white-space:pre"> </div>bulk<div style="display:inline-block;width:7px;white-space:pre"> </div>carrier<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>operates<div style="display:inline-block;width:7px;white-space:pre"> </div>its<div style="display:inline-block;width:7px;white-space:pre"> </div>own<div style="display:inline-block;width:7px;white-space:pre"> </div>fleet </div><div id="a6615" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">through<div style="display:inline-block;width:9px;white-space:pre"> </div>Diana<div style="display:inline-block;width:9px;white-space:pre"> </div>Shipping<div style="display:inline-block;width:9px;white-space:pre"> </div>Services<div style="display:inline-block;width:9px;white-space:pre"> </div>S.A.<div style="display:inline-block;width:9px;white-space:pre"> </div>(or<div style="display:inline-block;width:9px;white-space:pre"> </div>“DSS”),<div style="display:inline-block;width:9px;white-space:pre"> </div>a<div style="display:inline-block;width:9px;white-space:pre"> </div>wholly<div style="display:inline-block;width:9px;white-space:pre"> </div>owned<div style="display:inline-block;width:9px;white-space:pre"> </div>subsidiary<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>through<div style="display:inline-block;width:9px;white-space:pre"> </div>Diana </div><div id="a6616" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Wilhelmsen Management Limited, or DWM, a </div><div id="a6616_41_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:305px;top:51px;">50</div><div id="a6616_43_56" style="position:absolute;font-family:'Arial';font-size:14.72px;left:321px;top:51px;">% owned joint venture (Note 3(a)). The fees paid to DSS </div><div id="a6619" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">are eliminated on consolidation.</div></div></div></div><div id="TextContainer17" style="position:relative;width:706px;z-index:1;font-size:10.72px;"></div><div id="div_11_XBRL_TS_81825b99cf67444ea6610e6d9fbf5b30" style="position:absolute;left:0px;top:542px;float:left;"><div id="TextBlockContainer12" style="position:relative;line-height:normal;width:704px;height:136px;"><div id="TextContainer12" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6622" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>has determined<div style="display:inline-block;width:6px;white-space:pre"> </div>that it<div style="display:inline-block;width:6px;white-space:pre"> </div>operates under </div><div id="a6622_50_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:358px;top:0px;">one</div><div id="a6622_53_48" style="position:absolute;font-family:'Arial';font-size:14.72px;left:382px;top:0px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>reportable segment,<div style="display:inline-block;width:6px;white-space:pre"> </div>that of<div style="display:inline-block;width:6px;white-space:pre"> </div>operating dry<div style="display:inline-block;width:6px;white-space:pre"> </div>bulk </div><div id="a6625" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">vessels,<div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>assets<div style="display:inline-block;width:10px;white-space:pre"> </div>of<div style="display:inline-block;width:10px;white-space:pre"> </div>such<div style="display:inline-block;width:10px;white-space:pre"> </div>segment<div style="display:inline-block;width:9px;white-space:pre"> </div>are<div style="display:inline-block;width:10px;white-space:pre"> </div>presented<div style="display:inline-block;width:10px;white-space:pre"> </div>under<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>caption<div style="display:inline-block;width:10px;white-space:pre"> </div>Total<div style="display:inline-block;width:11px;white-space:pre"> </div>assets<div style="display:inline-block;width:9px;white-space:pre"> </div>in<div style="display:inline-block;width:10px;white-space:pre"> </div>the </div><div id="a6626" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">accompanying<div style="display:inline-block;width:8px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:8px;white-space:pre"> </div>interim<div style="display:inline-block;width:8px;white-space:pre"> </div>condensed<div style="display:inline-block;width:8px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>balance<div style="display:inline-block;width:8px;white-space:pre"> </div>sheets.<div style="display:inline-block;width:8px;white-space:pre"> </div>The<div style="display:inline-block;width:8px;white-space:pre"> </div>segment's<div style="display:inline-block;width:8px;white-space:pre"> </div>significant </div><div id="a6627" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">expenses regularly provided<div style="display:inline-block;width:6px;white-space:pre"> </div>to chief<div style="display:inline-block;width:6px;white-space:pre"> </div>operating decision maker<div style="display:inline-block;width:6px;white-space:pre"> </div>(“CODM”) are the<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated expenses </div><div id="a6628" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">as<div style="display:inline-block;width:6px;white-space:pre"> </div>presented<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>face<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>income.<div style="display:inline-block;width:6px;white-space:pre"> </div>The </div><div id="a6629" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">accounting policies<div style="display:inline-block;width:6px;white-space:pre"> </div>applied to<div style="display:inline-block;width:6px;white-space:pre"> </div>the reportable<div style="display:inline-block;width:6px;white-space:pre"> </div>segment are<div style="display:inline-block;width:6px;white-space:pre"> </div>the same<div style="display:inline-block;width:6px;white-space:pre"> </div>as those<div style="display:inline-block;width:6px;white-space:pre"> </div>used in<div style="display:inline-block;width:6px;white-space:pre"> </div>the preparation<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a6631" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">the Company's consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>financial statements included in<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company's Annual<div style="display:inline-block;width:6px;white-space:pre"> </div>Report on Form<div style="display:inline-block;width:6px;white-space:pre"> </div>20-</div><div id="a6633" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">F for the year ended December 31, 2025.</div></div></div></div></div> <div id="TextBlockContainer3" style="position:relative;line-height:normal;width:704px;height:103px;"><div id="TextContainer3" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6567" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>accounts<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Diana </div><div id="a6568" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">Shipping Inc., or DSI and its<div style="display:inline-block;width:6px;white-space:pre"> </div>wholly owned subsidiaries (collectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>the “Company”). DSI was formed on </div><div id="a6572" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">March<div style="display:inline-block;width:8px;white-space:pre"> </div>8,<div style="display:inline-block;width:8px;white-space:pre"> </div>1999,<div style="display:inline-block;width:8px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>Diana<div style="display:inline-block;width:8px;white-space:pre"> </div>Shipping<div style="display:inline-block;width:8px;white-space:pre"> </div>Investment<div style="display:inline-block;width:8px;white-space:pre"> </div>Corp.<div style="display:inline-block;width:8px;white-space:pre"> </div>under<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>laws<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Republic<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Liberia.<div style="display:inline-block;width:8px;white-space:pre"> </div>In </div><div id="a6576" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">February<div style="display:inline-block;width:6px;white-space:pre"> </div>2005,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>articles<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>incorporation were<div style="display:inline-block;width:7px;white-space:pre"> </div>amended. Under<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>amended articles<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a6577" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">incorporation, the Company was renamed Diana Shipping Inc. and was re-domiciled from the Republic of </div><div id="a6580" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">Liberia to the Republic of the Marshall Islands.</div></div></div> <div id="TextBlockContainer6" style="position:relative;line-height:normal;width:704px;height:255px;"><div id="TextContainer6" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6583" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The<div style="display:inline-block;width:11px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:11px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:11px;white-space:pre"> </div>interim<div style="display:inline-block;width:11px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:11px;white-space:pre"> </div>financial<div style="display:inline-block;width:11px;white-space:pre"> </div>statements<div style="display:inline-block;width:11px;white-space:pre"> </div>have<div style="display:inline-block;width:11px;white-space:pre"> </div>been<div style="display:inline-block;width:11px;white-space:pre"> </div>prepared<div style="display:inline-block;width:11px;white-space:pre"> </div>in </div><div id="a6584" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">accordance<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:8px;white-space:pre"> </div>generally<div style="display:inline-block;width:8px;white-space:pre"> </div>accepted<div style="display:inline-block;width:8px;white-space:pre"> </div>accounting<div style="display:inline-block;width:8px;white-space:pre"> </div>principles,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:8px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:8px;white-space:pre"> </div>GAAP,<div style="display:inline-block;width:10px;white-space:pre"> </div>for<div style="display:inline-block;width:8px;white-space:pre"> </div>interim<div style="display:inline-block;width:8px;white-space:pre"> </div>financial </div><div id="a6585" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">information.<div style="display:inline-block;width:6px;white-space:pre"> </div>Accordingly,<div style="display:inline-block;width:7px;white-space:pre"> </div>they<div style="display:inline-block;width:6px;white-space:pre"> </div>do<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>all<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>information<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>notes<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>U.S.<div style="display:inline-block;width:6px;white-space:pre"> </div>GAAP<div style="display:inline-block;width:6px;white-space:pre"> </div>for </div><div id="a6586" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">complete<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements.<div style="display:inline-block;width:7px;white-space:pre"> </div>These<div style="display:inline-block;width:7px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:7px;white-space:pre"> </div>interim<div style="display:inline-block;width:7px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>have<div style="display:inline-block;width:7px;white-space:pre"> </div>been </div><div id="a6587" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">prepared on the<div style="display:inline-block;width:6px;white-space:pre"> </div>same basis and<div style="display:inline-block;width:6px;white-space:pre"> </div>should be read<div style="display:inline-block;width:6px;white-space:pre"> </div>in conjunction with<div style="display:inline-block;width:6px;white-space:pre"> </div>the financial statements<div style="display:inline-block;width:6px;white-space:pre"> </div>for the year </div><div id="a6588" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">ended<div style="display:inline-block;width:8px;white-space:pre"> </div>December<div style="display:inline-block;width:8px;white-space:pre"> </div>31,<div style="display:inline-block;width:8px;white-space:pre"> </div>2025<div style="display:inline-block;width:8px;white-space:pre"> </div>included<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>Annual<div style="display:inline-block;width:8px;white-space:pre"> </div>Report<div style="display:inline-block;width:8px;white-space:pre"> </div>on<div style="display:inline-block;width:8px;white-space:pre"> </div>Form<div style="display:inline-block;width:8px;white-space:pre"> </div>20-F<div style="display:inline-block;width:8px;white-space:pre"> </div>filed<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>the </div><div id="a6592" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">Securities and<div style="display:inline-block;width:6px;white-space:pre"> </div>Exchange Commission on<div style="display:inline-block;width:6px;white-space:pre"> </div>March 13,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and,<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>opinion of<div style="display:inline-block;width:6px;white-space:pre"> </div>management, reflect<div style="display:inline-block;width:6px;white-space:pre"> </div>all </div><div id="a6595" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">normal<div style="display:inline-block;width:6px;white-space:pre"> </div>recurring<div style="display:inline-block;width:6px;white-space:pre"> </div>adjustments<div style="display:inline-block;width:6px;white-space:pre"> </div>considered<div style="display:inline-block;width:6px;white-space:pre"> </div>necessary<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>presentation<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company's<div style="display:inline-block;width:6px;white-space:pre"> </div>financial </div><div id="a6596" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">position,<div style="display:inline-block;width:6px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>operations<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:7px;white-space:pre"> </div>flows<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>periods<div style="display:inline-block;width:6px;white-space:pre"> </div>presented.<div style="display:inline-block;width:6px;white-space:pre"> </div>Operating<div style="display:inline-block;width:6px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>six </div><div id="a6597" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">months ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026, are<div style="display:inline-block;width:6px;white-space:pre"> </div>not necessarily indicative<div style="display:inline-block;width:5px;white-space:pre"> </div>of the results<div style="display:inline-block;width:6px;white-space:pre"> </div>that might be<div style="display:inline-block;width:6px;white-space:pre"> </div>expected for the </div><div id="a6599" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">fiscal year ending December 31, 2026. </div><div id="a6604" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">The<div style="display:inline-block;width:10px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:10px;white-space:pre"> </div>balance<div style="display:inline-block;width:10px;white-space:pre"> </div>sheet<div style="display:inline-block;width:10px;white-space:pre"> </div>as<div style="display:inline-block;width:10px;white-space:pre"> </div>of<div style="display:inline-block;width:10px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:10px;white-space:pre"> </div>2025,<div style="display:inline-block;width:10px;white-space:pre"> </div>has<div style="display:inline-block;width:10px;white-space:pre"> </div>been<div style="display:inline-block;width:10px;white-space:pre"> </div>derived<div style="display:inline-block;width:10px;white-space:pre"> </div>from<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>audited </div><div id="a6607" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>date,<div style="display:inline-block;width:7px;white-space:pre"> </div>but<div style="display:inline-block;width:7px;white-space:pre"> </div>does<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>include<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>information<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>footnotes </div><div id="a6608" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">required by U.S. GAAP for complete financial statements.</div></div></div> <div id="TextBlockContainer9" style="position:relative;line-height:normal;width:704px;height:86px;"><div id="TextContainer9" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6611" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>is engaged<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>ocean transportation<div style="display:inline-block;width:6px;white-space:pre"> </div>of dry<div style="display:inline-block;width:6px;white-space:pre"> </div>bulk cargoes<div style="display:inline-block;width:6px;white-space:pre"> </div>worldwide mainly<div style="display:inline-block;width:6px;white-space:pre"> </div>through the </div><div id="a6612" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">ownership<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>bareboat<div style="display:inline-block;width:7px;white-space:pre"> </div>charter<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>dry<div style="display:inline-block;width:7px;white-space:pre"> </div>bulk<div style="display:inline-block;width:7px;white-space:pre"> </div>carrier<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>operates<div style="display:inline-block;width:7px;white-space:pre"> </div>its<div style="display:inline-block;width:7px;white-space:pre"> </div>own<div style="display:inline-block;width:7px;white-space:pre"> </div>fleet </div><div id="a6615" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">through<div style="display:inline-block;width:9px;white-space:pre"> </div>Diana<div style="display:inline-block;width:9px;white-space:pre"> </div>Shipping<div style="display:inline-block;width:9px;white-space:pre"> </div>Services<div style="display:inline-block;width:9px;white-space:pre"> </div>S.A.<div style="display:inline-block;width:9px;white-space:pre"> </div>(or<div style="display:inline-block;width:9px;white-space:pre"> </div>“DSS”),<div style="display:inline-block;width:9px;white-space:pre"> </div>a<div style="display:inline-block;width:9px;white-space:pre"> </div>wholly<div style="display:inline-block;width:9px;white-space:pre"> </div>owned<div style="display:inline-block;width:9px;white-space:pre"> </div>subsidiary<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>through<div style="display:inline-block;width:9px;white-space:pre"> </div>Diana </div><div id="a6616" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Wilhelmsen Management Limited, or DWM, a </div><div id="a6616_41_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:305px;top:51px;">50</div><div id="a6616_43_56" style="position:absolute;font-family:'Arial';font-size:14.72px;left:321px;top:51px;">% owned joint venture (Note 3(a)). The fees paid to DSS </div><div id="a6619" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">are eliminated on consolidation.</div></div></div> 0.50 <div id="TextBlockContainer12" style="position:relative;line-height:normal;width:704px;height:136px;"><div id="TextContainer12" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6622" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The Company<div style="display:inline-block;width:6px;white-space:pre"> </div>has determined<div style="display:inline-block;width:6px;white-space:pre"> </div>that it<div style="display:inline-block;width:6px;white-space:pre"> </div>operates under </div><div id="a6622_50_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:358px;top:0px;">one</div><div id="a6622_53_48" style="position:absolute;font-family:'Arial';font-size:14.72px;left:382px;top:0px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>reportable segment,<div style="display:inline-block;width:6px;white-space:pre"> </div>that of<div style="display:inline-block;width:6px;white-space:pre"> </div>operating dry<div style="display:inline-block;width:6px;white-space:pre"> </div>bulk </div><div id="a6625" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">vessels,<div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>assets<div style="display:inline-block;width:10px;white-space:pre"> </div>of<div style="display:inline-block;width:10px;white-space:pre"> </div>such<div style="display:inline-block;width:10px;white-space:pre"> </div>segment<div style="display:inline-block;width:9px;white-space:pre"> </div>are<div style="display:inline-block;width:10px;white-space:pre"> </div>presented<div style="display:inline-block;width:10px;white-space:pre"> </div>under<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>caption<div style="display:inline-block;width:10px;white-space:pre"> </div>Total<div style="display:inline-block;width:11px;white-space:pre"> </div>assets<div style="display:inline-block;width:9px;white-space:pre"> </div>in<div style="display:inline-block;width:10px;white-space:pre"> </div>the </div><div id="a6626" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">accompanying<div style="display:inline-block;width:8px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:8px;white-space:pre"> </div>interim<div style="display:inline-block;width:8px;white-space:pre"> </div>condensed<div style="display:inline-block;width:8px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>balance<div style="display:inline-block;width:8px;white-space:pre"> </div>sheets.<div style="display:inline-block;width:8px;white-space:pre"> </div>The<div style="display:inline-block;width:8px;white-space:pre"> </div>segment's<div style="display:inline-block;width:8px;white-space:pre"> </div>significant </div><div id="a6627" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">expenses regularly provided<div style="display:inline-block;width:6px;white-space:pre"> </div>to chief<div style="display:inline-block;width:6px;white-space:pre"> </div>operating decision maker<div style="display:inline-block;width:6px;white-space:pre"> </div>(“CODM”) are the<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated expenses </div><div id="a6628" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">as<div style="display:inline-block;width:6px;white-space:pre"> </div>presented<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>face<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>condensed<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>income.<div style="display:inline-block;width:6px;white-space:pre"> </div>The </div><div id="a6629" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">accounting policies<div style="display:inline-block;width:6px;white-space:pre"> </div>applied to<div style="display:inline-block;width:6px;white-space:pre"> </div>the reportable<div style="display:inline-block;width:6px;white-space:pre"> </div>segment are<div style="display:inline-block;width:6px;white-space:pre"> </div>the same<div style="display:inline-block;width:6px;white-space:pre"> </div>as those<div style="display:inline-block;width:6px;white-space:pre"> </div>used in<div style="display:inline-block;width:6px;white-space:pre"> </div>the preparation<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a6631" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">the Company's consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>financial statements included in<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company's Annual<div style="display:inline-block;width:6px;white-space:pre"> </div>Report on Form<div style="display:inline-block;width:6px;white-space:pre"> </div>20-</div><div id="a6633" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">F for the year ended December 31, 2025.</div></div></div> 1 <div id="TextBlockContainer21" style="position:relative;line-height:normal;width:704px;height:120px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:142.5px; background-color:#000000; "> </div> <div id="TextContainer21" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6637" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">Significant Accounting Policies and Recent Accounting Pronouncements: </div><div id="a6652" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">A discussion<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s significant<div style="display:inline-block;width:6px;white-space:pre"> </div>accounting policies<div style="display:inline-block;width:6px;white-space:pre"> </div>can be<div style="display:inline-block;width:6px;white-space:pre"> </div>found in<div style="display:inline-block;width:6px;white-space:pre"> </div>Note 2<div style="display:inline-block;width:6px;white-space:pre"> </div>to the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s </div><div id="a6653" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>Financial<div style="display:inline-block;width:7px;white-space:pre"> </div>Statements<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Annual<div style="display:inline-block;width:7px;white-space:pre"> </div>Report<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>Form<div style="display:inline-block;width:7px;white-space:pre"> </div>20-F<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>year<div style="display:inline-block;width:7px;white-space:pre"> </div>ended </div><div id="a6656" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025.<div style="display:inline-block;width:6px;white-space:pre"> </div>There<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>no<div style="display:inline-block;width:6px;white-space:pre"> </div>material<div style="display:inline-block;width:6px;white-space:pre"> </div>changes<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>these<div style="display:inline-block;width:6px;white-space:pre"> </div>policies<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended </div><div id="a6658" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">June 30, 2026, except for as discussed below: </div></div></div><div id="TextBlockContainer30" style="position:relative;line-height:normal;width:704px;height:390px;"><div id="div_24_XBRL_TS_ff3d185e5294402d98647e0a1b3da5b5" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer25" style="position:relative;line-height:normal;width:704px;height:221px;"><div id="TextContainer25" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6677" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">Nonrevolving Loan Commitment Fees<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a6679" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:17px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6681" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">During<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>adopted<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>change<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>policy </div><div id="a6685" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">related to<div style="display:inline-block;width:6px;white-space:pre"> </div>loan commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees. Previously,<div style="display:inline-block;width:7px;white-space:pre"> </div>loan commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees were<div style="display:inline-block;width:6px;white-space:pre"> </div>expensed as<div style="display:inline-block;width:6px;white-space:pre"> </div>incurred or<div style="display:inline-block;width:6px;white-space:pre"> </div>were </div><div id="a6686" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">capitalized as<div style="display:inline-block;width:6px;white-space:pre"> </div>part of the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels' construction cost.<div style="display:inline-block;width:6px;white-space:pre"> </div>Under the<div style="display:inline-block;width:5px;white-space:pre"> </div>new policy,<div style="display:inline-block;width:6px;white-space:pre"> </div>in accordance with<div style="display:inline-block;width:6px;white-space:pre"> </div>ASC 310-</div><div id="a6688" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">20-25-11,<div style="display:inline-block;width:7px;white-space:pre"> </div>commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>deferred<div style="display:inline-block;width:6px;white-space:pre"> </div>until<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>debt<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>drawn<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>subsequently<div style="display:inline-block;width:6px;white-space:pre"> </div>presented<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>a </div><div id="a6693" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">contra-liability to the debt and amortized using the effective interest method.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a6697" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6699" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">Management<div style="display:inline-block;width:7px;white-space:pre"> </div>believes<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>this<div style="display:inline-block;width:7px;white-space:pre"> </div>change<div style="display:inline-block;width:7px;white-space:pre"> </div>results<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>more<div style="display:inline-block;width:7px;white-space:pre"> </div>appropriate<div style="display:inline-block;width:7px;white-space:pre"> </div>presentation<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s </div><div id="a6700" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">financial position and results of operations. </div><div id="a6702" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6704" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">The Company applied this change prospectively from the date of adoption,<div style="display:inline-block;width:3px;white-space:pre"> </div>as the impact of the change in </div><div id="a6705" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">accounting policy on the Company’s consolidated financial statements for<div style="display:inline-block;width:3px;white-space:pre"> </div>prior periods was not material.</div></div></div></div><div id="TextContainer30" style="position:relative;width:704px;z-index:1;font-size:10.72px;"></div><div id="div_27_XBRL_TS_a9348cd7c0de40f3a9624d509232edcf" style="position:absolute;left:0px;top:236px;float:left;"><div id="TextBlockContainer28" style="position:relative;line-height:normal;width:704px;height:153px;"><div id="TextContainer28" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6708" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">New Accounting Pronouncements </div><div id="a6711" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">In<div style="display:inline-block;width:6px;white-space:pre"> </div>May<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>FASB<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>Accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>Standards Update<div style="display:inline-block;width:7px;white-space:pre"> </div>No.<div style="display:inline-block;width:6px;white-space:pre"> </div>2026-02,<div style="display:inline-block;width:6px;white-space:pre"> </div>Environmental Credits<div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a6714" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Environmental<div style="display:inline-block;width:12px;white-space:pre"> </div>Credit<div style="display:inline-block;width:12px;white-space:pre"> </div>Obligations<div style="display:inline-block;width:12px;white-space:pre"> </div>(Topic<div style="display:inline-block;width:14px;white-space:pre"> </div>818),<div style="display:inline-block;width:12px;white-space:pre"> </div>which<div style="display:inline-block;width:12px;white-space:pre"> </div>establishes<div style="display:inline-block;width:11px;white-space:pre"> </div>guidance<div style="display:inline-block;width:12px;white-space:pre"> </div>for<div style="display:inline-block;width:12px;white-space:pre"> </div>the<div style="display:inline-block;width:12px;white-space:pre"> </div>recognition, </div><div id="a6715" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">measurement,<div style="display:inline-block;width:7px;white-space:pre"> </div>presentation<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>disclosure<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>environmental<div style="display:inline-block;width:7px;white-space:pre"> </div>credits<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>related<div style="display:inline-block;width:7px;white-space:pre"> </div>environmental<div style="display:inline-block;width:7px;white-space:pre"> </div>credit </div><div id="a6716" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">obligations.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>effective<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>annual<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods<div style="display:inline-block;width:6px;white-space:pre"> </div>beginning<div style="display:inline-block;width:6px;white-space:pre"> </div>after<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>15, </div><div id="a6717" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">2027, including<div style="display:inline-block;width:6px;white-space:pre"> </div>interim periods<div style="display:inline-block;width:6px;white-space:pre"> </div>within those<div style="display:inline-block;width:6px;white-space:pre"> </div>annual reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods, with<div style="display:inline-block;width:6px;white-space:pre"> </div>early adoption<div style="display:inline-block;width:6px;white-space:pre"> </div>permitted, and </div><div id="a6718" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">are<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>be<div style="display:inline-block;width:6px;white-space:pre"> </div>applied retrospectively.<div style="display:inline-block;width:8px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>currently<div style="display:inline-block;width:6px;white-space:pre"> </div>evaluating the<div style="display:inline-block;width:7px;white-space:pre"> </div>impact<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>adopting </div><div id="a6720" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">this guidance on its consolidated financial statements and related disclosures.</div></div></div></div></div> <div id="TextBlockContainer25" style="position:relative;line-height:normal;width:704px;height:221px;"><div id="TextContainer25" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6677" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">Nonrevolving Loan Commitment Fees<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a6679" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:17px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6681" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">During<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>adopted<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>change<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>policy </div><div id="a6685" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">related to<div style="display:inline-block;width:6px;white-space:pre"> </div>loan commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees. Previously,<div style="display:inline-block;width:7px;white-space:pre"> </div>loan commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees were<div style="display:inline-block;width:6px;white-space:pre"> </div>expensed as<div style="display:inline-block;width:6px;white-space:pre"> </div>incurred or<div style="display:inline-block;width:6px;white-space:pre"> </div>were </div><div id="a6686" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">capitalized as<div style="display:inline-block;width:6px;white-space:pre"> </div>part of the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels' construction cost.<div style="display:inline-block;width:6px;white-space:pre"> </div>Under the<div style="display:inline-block;width:5px;white-space:pre"> </div>new policy,<div style="display:inline-block;width:6px;white-space:pre"> </div>in accordance with<div style="display:inline-block;width:6px;white-space:pre"> </div>ASC 310-</div><div id="a6688" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">20-25-11,<div style="display:inline-block;width:7px;white-space:pre"> </div>commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>deferred<div style="display:inline-block;width:6px;white-space:pre"> </div>until<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>debt<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>drawn<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>subsequently<div style="display:inline-block;width:6px;white-space:pre"> </div>presented<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>a </div><div id="a6693" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">contra-liability to the debt and amortized using the effective interest method.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a6697" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6699" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">Management<div style="display:inline-block;width:7px;white-space:pre"> </div>believes<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>this<div style="display:inline-block;width:7px;white-space:pre"> </div>change<div style="display:inline-block;width:7px;white-space:pre"> </div>results<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>more<div style="display:inline-block;width:7px;white-space:pre"> </div>appropriate<div style="display:inline-block;width:7px;white-space:pre"> </div>presentation<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s </div><div id="a6700" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">financial position and results of operations. </div><div id="a6702" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a6704" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">The Company applied this change prospectively from the date of adoption,<div style="display:inline-block;width:3px;white-space:pre"> </div>as the impact of the change in </div><div id="a6705" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">accounting policy on the Company’s consolidated financial statements for<div style="display:inline-block;width:3px;white-space:pre"> </div>prior periods was not material.</div></div></div> <div id="TextBlockContainer28" style="position:relative;line-height:normal;width:704px;height:153px;"><div id="TextContainer28" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6708" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">New Accounting Pronouncements </div><div id="a6711" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">In<div style="display:inline-block;width:6px;white-space:pre"> </div>May<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>FASB<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>Accounting<div style="display:inline-block;width:6px;white-space:pre"> </div>Standards Update<div style="display:inline-block;width:7px;white-space:pre"> </div>No.<div style="display:inline-block;width:6px;white-space:pre"> </div>2026-02,<div style="display:inline-block;width:6px;white-space:pre"> </div>Environmental Credits<div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a6714" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Environmental<div style="display:inline-block;width:12px;white-space:pre"> </div>Credit<div style="display:inline-block;width:12px;white-space:pre"> </div>Obligations<div style="display:inline-block;width:12px;white-space:pre"> </div>(Topic<div style="display:inline-block;width:14px;white-space:pre"> </div>818),<div style="display:inline-block;width:12px;white-space:pre"> </div>which<div style="display:inline-block;width:12px;white-space:pre"> </div>establishes<div style="display:inline-block;width:11px;white-space:pre"> </div>guidance<div style="display:inline-block;width:12px;white-space:pre"> </div>for<div style="display:inline-block;width:12px;white-space:pre"> </div>the<div style="display:inline-block;width:12px;white-space:pre"> </div>recognition, </div><div id="a6715" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:67px;">measurement,<div style="display:inline-block;width:7px;white-space:pre"> </div>presentation<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>disclosure<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>environmental<div style="display:inline-block;width:7px;white-space:pre"> </div>credits<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>related<div style="display:inline-block;width:7px;white-space:pre"> </div>environmental<div style="display:inline-block;width:7px;white-space:pre"> </div>credit </div><div id="a6716" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">obligations.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>amendments<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>effective<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>annual<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods<div style="display:inline-block;width:6px;white-space:pre"> </div>beginning<div style="display:inline-block;width:6px;white-space:pre"> </div>after<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>15, </div><div id="a6717" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">2027, including<div style="display:inline-block;width:6px;white-space:pre"> </div>interim periods<div style="display:inline-block;width:6px;white-space:pre"> </div>within those<div style="display:inline-block;width:6px;white-space:pre"> </div>annual reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>periods, with<div style="display:inline-block;width:6px;white-space:pre"> </div>early adoption<div style="display:inline-block;width:6px;white-space:pre"> </div>permitted, and </div><div id="a6718" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">are<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>be<div style="display:inline-block;width:6px;white-space:pre"> </div>applied retrospectively.<div style="display:inline-block;width:8px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>currently<div style="display:inline-block;width:6px;white-space:pre"> </div>evaluating the<div style="display:inline-block;width:7px;white-space:pre"> </div>impact<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>adopting </div><div id="a6720" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">this guidance on its consolidated financial statements and related disclosures.</div></div></div> <div id="TextBlockContainer34" style="position:relative;line-height:normal;width:706px;height:357px;"><div id="TextContainer34" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a6725" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">2.<div style="display:inline-block;width:35px;white-space:pre"> </div>Transactions with related parties</div><div id="a6730" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:35px;">a)<div style="display:inline-block;width:35px;white-space:pre"> </div>Altair<div style="display:inline-block;width:7px;white-space:pre"> </div>Travel<div style="display:inline-block;width:7px;white-space:pre"> </div>Agency<div style="display:inline-block;width:7px;white-space:pre"> </div>S.A.<div style="display:inline-block;width:7px;white-space:pre"> </div>(“Altair”):</div><div id="a6733" style="position:absolute;font-family:'Arial';font-size:14.72px;left:312px;top:35px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>uses<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>services<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>an<div style="display:inline-block;width:7px;white-space:pre"> </div>affiliated<div style="display:inline-block;width:7px;white-space:pre"> </div>travel </div><div id="a6735" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">agent, Altair,<div style="display:inline-block;width:6px;white-space:pre"> </div>which is controlled by<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company’s CEO<div style="display:inline-block;width:6px;white-space:pre"> </div>Mrs. Semiramis Paliou.<div style="display:inline-block;width:5px;white-space:pre"> </div>Travel expenses for<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a6740" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:69px;">six months ended June 30, 2026 and 2025<div style="display:inline-block;width:5px;white-space:pre"> </div>amounted to $</div><div id="a6740_53_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:384px;top:69px;">1,458</div><div id="a6740_58_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:421px;top:69px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a6740_64_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:462px;top:69px;">1,426</div><div id="a6740_69_31" style="position:absolute;font-family:'Arial';font-size:14.72px;left:499px;top:69px;">, respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>and are mainly </div><div id="a6755" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:86px;">included in vessel operating expenses in the accompanying unaudited interim consolidated statements of </div><div id="a6766" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:103px;">income. As of June 30, 2026 and December 31, 2025, an amount of $</div><div id="a6766_65_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:460px;top:103px;">241</div><div id="a6766_68_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:484px;top:103px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a6766_74_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:525px;top:103px;">89</div><div id="a6766_76_24" style="position:absolute;font-family:'Arial';font-size:14.72px;left:542px;top:103px;">, respectively, was due </div><div id="a6773" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:120px;">to Altair, included in due to related parties in the accompanying consolidated balance sheets.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a6778" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:153px;">b)<div style="display:inline-block;width:34px;white-space:pre"> </div>Steamship Shipbroking Enterprises Inc. or<div style="display:inline-block;width:5px;white-space:pre"> </div>Steamship:</div><div id="a6781" style="position:absolute;font-family:'Arial';font-size:14.72px;left:436px;top:153px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>Steamship is a company controlled by </div><div id="a6784" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:170px;">the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>CEO Mrs.<div style="display:inline-block;width:7px;white-space:pre"> </div>Semiramis Paliou.<div style="display:inline-block;width:7px;white-space:pre"> </div>Steamship provides<div style="display:inline-block;width:7px;white-space:pre"> </div>brokerage services<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>DSI for<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>fixed </div><div id="a6790" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:187px;">monthly fee,<div style="display:inline-block;width:6px;white-space:pre"> </div>payable quarterly<div style="display:inline-block;width:6px;white-space:pre"> </div>in advance,<div style="display:inline-block;width:6px;white-space:pre"> </div>commissions for<div style="display:inline-block;width:6px;white-space:pre"> </div>sale and<div style="display:inline-block;width:6px;white-space:pre"> </div>purchase activities<div style="display:inline-block;width:6px;white-space:pre"> </div>and expenses, </div><div id="a6799" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:204px;">pursuant<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>Brokerage<div style="display:inline-block;width:7px;white-space:pre"> </div>Services<div style="display:inline-block;width:7px;white-space:pre"> </div>Agreement.<div style="display:inline-block;width:7px;white-space:pre"> </div>For<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>six<div style="display:inline-block;width:7px;white-space:pre"> </div>months<div style="display:inline-block;width:7px;white-space:pre"> </div>ended<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>2025, </div><div id="a6813" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:221px;">brokerage<div style="display:inline-block;width:11px;white-space:pre"> </div>fees,<div style="display:inline-block;width:11px;white-space:pre"> </div>including<div style="display:inline-block;width:11px;white-space:pre"> </div>commissions<div style="display:inline-block;width:11px;white-space:pre"> </div>and<div style="display:inline-block;width:11px;white-space:pre"> </div>other<div style="display:inline-block;width:11px;white-space:pre"> </div>expenses,<div style="display:inline-block;width:11px;white-space:pre"> </div>amounted<div style="display:inline-block;width:11px;white-space:pre"> </div>to<div style="display:inline-block;width:11px;white-space:pre"> </div>$</div><div id="a6813_71_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:558px;top:221px;">2,150</div><div id="a6813_76_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:594px;top:221px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>and<div style="display:inline-block;width:11px;white-space:pre"> </div>$</div><div id="a6813_82_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:649px;top:221px;">2,136</div><div id="a6813_87_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:686px;top:221px;">, </div><div id="a6822" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:238px;">respectively,<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>are<div style="display:inline-block;width:8px;white-space:pre"> </div>included<div style="display:inline-block;width:8px;white-space:pre"> </div>mainly<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>general<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>administrative<div style="display:inline-block;width:8px;white-space:pre"> </div>expenses<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accompanying </div><div id="a6836" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:254px;">unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>income.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, </div><div id="a6842" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:271px;">there<div style="display:inline-block;width:6px;white-space:pre"> </div>was </div><div id="a6842_10_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:77px;top:271px;">no</div><div id="a6842_12_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:93px;top:271px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>amount<div style="display:inline-block;width:6px;white-space:pre"> </div>due<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>Steamship.<div style="display:inline-block;width:5px;white-space:pre"> </div>On<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>DWM<div style="display:inline-block;width:6px;white-space:pre"> </div>entered<div style="display:inline-block;width:5px;white-space:pre"> </div>into<div style="display:inline-block;width:6px;white-space:pre"> </div>an </div><div id="a6846" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:288px;">agreement<div style="display:inline-block;width:10px;white-space:pre"> </div>with<div style="display:inline-block;width:10px;white-space:pre"> </div>Steamship<div style="display:inline-block;width:10px;white-space:pre"> </div>whereby<div style="display:inline-block;width:10px;white-space:pre"> </div>certain<div style="display:inline-block;width:10px;white-space:pre"> </div>rights<div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:10px;white-space:pre"> </div>obligations<div style="display:inline-block;width:10px;white-space:pre"> </div>relating<div style="display:inline-block;width:10px;white-space:pre"> </div>to<div style="display:inline-block;width:10px;white-space:pre"> </div>Fuel<div style="display:inline-block;width:10px;white-space:pre"> </div>EU<div style="display:inline-block;width:10px;white-space:pre"> </div>Maritime </div><div id="a6849" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:305px;">compliance for<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels managed<div style="display:inline-block;width:6px;white-space:pre"> </div>by the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company and<div style="display:inline-block;width:6px;white-space:pre"> </div>DWM were<div style="display:inline-block;width:6px;white-space:pre"> </div>assigned to<div style="display:inline-block;width:6px;white-space:pre"> </div>Steamship. Pursuant<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a6850" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:322px;">the<div style="display:inline-block;width:6px;white-space:pre"> </div>agreement,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>advanced<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>Steamship<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a6850_50_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:381px;top:322px;">335</div><div id="a6850_53_43" style="position:absolute;font-family:'Arial';font-size:14.72px;left:405px;top:322px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>settlement<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>FuelEU<div style="display:inline-block;width:6px;white-space:pre"> </div>penalties<div style="display:inline-block;width:6px;white-space:pre"> </div>due<div style="display:inline-block;width:6px;white-space:pre"> </div>in </div><div id="a6854" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:339px;">2026.</div></div></div> 1458000 1426000 241000 89000 2150000 2136000 0 0 335000 <div id="TextBlockContainer37" style="position:relative;line-height:normal;width:704px;height:845px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:856.9px; background-color:#000000; "> </div> <div style="position:absolute; width:547.5px; height:16.8px; left:142.1px; top:370.9px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:92.8px; height:17px; left:5.8px; top:387.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:493.5px; height:17px; left:196.1px; top:387.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:216.4px; height:16.8px; left:5.8px; top:404.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:327.9px; height:16.8px; left:361.7px; top:489px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:505.8px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:381.7px; height:16.8px; left:5.8px; top:522.8px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:318.9px; height:17px; left:370.7px; top:708.3px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:233.7px; height:16.8px; left:5.8px; top:725.2px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:410.6px; height:16.8px; left:279px; top:725.2px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:48.2px; height:16.8px; left:5.8px; top:742px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:4px; height:16.8px; left:5.8px; top:826.4px; background-color:#FFFFFF; "> </div> <div id="TextContainer37" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a6873" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">3.<div style="display:inline-block;width:36px;white-space:pre"> </div>Equity Method Investments</div><div id="a6878" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:34px;">a)<div style="display:inline-block;width:35px;white-space:pre"> </div>Diana Wilhelmsen Management Limited, or DWM:</div><div id="a6882" style="position:absolute;font-family:'Arial';font-size:14.72px;left:399px;top:34px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>DWM is a joint venture between<div style="display:inline-block;width:6px;white-space:pre"> </div>Diana Ship </div><div id="a6890" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Management Inc., a<div style="display:inline-block;width:6px;white-space:pre"> </div>wholly owned subsidiary<div style="display:inline-block;width:6px;white-space:pre"> </div>of DSI, and<div style="display:inline-block;width:6px;white-space:pre"> </div>Wilhelmsen Ship Management<div style="display:inline-block;width:6px;white-space:pre"> </div>Holding AS, an </div><div id="a6920" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">unaffiliated<div style="display:inline-block;width:6px;white-space:pre"> </div>third<div style="display:inline-block;width:6px;white-space:pre"> </div>party,<div style="display:inline-block;width:7px;white-space:pre"> </div>each<div style="display:inline-block;width:6px;white-space:pre"> </div>holding </div><div id="a6920_39_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:251px;top:68px;">50</div><div id="a6920_41_57" style="position:absolute;font-family:'Arial';font-size:14.72px;left:267px;top:68px;">%<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>DWM.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a6941" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">investment<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>DWM<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a6941_31_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:244px;top:84px;">84</div><div id="a6941_33_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:260px;top:84px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a6941_39_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:306px;top:84px;">244</div><div id="a6941_42_53" style="position:absolute;font-family:'Arial';font-size:14.72px;left:330px;top:84px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>equity<div style="display:inline-block;width:6px;white-space:pre"> </div>method<div style="display:inline-block;width:7px;white-space:pre"> </div>investments<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a6949" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance<div style="display:inline-block;width:6px;white-space:pre"> </div>sheets.<div style="display:inline-block;width:6px;white-space:pre"> </div>For<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a6955" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">investment in DWM resulted in a loss of $</div><div id="a6955_41_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:276px;top:118px;">159</div><div id="a6955_44_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:300px;top:118px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a6955_50_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:341px;top:118px;">187</div><div id="a6955_53_52" style="position:absolute;font-family:'Arial';font-size:14.72px;left:365px;top:118px;">, respectively, included in loss from equity method </div><div id="a6975" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">investments in the accompanying unaudited interim consolidated statements<div style="display:inline-block;width:3px;white-space:pre"> </div>of income. </div><div id="a6986" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">DWM<div style="display:inline-block;width:6px;white-space:pre"> </div>performs the<div style="display:inline-block;width:7px;white-space:pre"> </div>technical and<div style="display:inline-block;width:7px;white-space:pre"> </div>commercial management<div style="display:inline-block;width:7px;white-space:pre"> </div>of five<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>fleet<div style="display:inline-block;width:5px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>a </div><div id="a6990" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">fixed monthly fee<div style="display:inline-block;width:6px;white-space:pre"> </div>and a percentage<div style="display:inline-block;width:6px;white-space:pre"> </div>of their gross<div style="display:inline-block;width:6px;white-space:pre"> </div>revenues. Management fees<div style="display:inline-block;width:6px;white-space:pre"> </div>for the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended </div><div id="a6996" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:6px;white-space:pre"> </div>2025 amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to $</div><div id="a6996_36_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:269px;top:202px;">555</div><div id="a6996_39_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:293px;top:202px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a6996_45_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:336px;top:202px;">636</div><div id="a6996_48_48" style="position:absolute;font-family:'Arial';font-size:14.72px;left:361px;top:202px;">, respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>and are<div style="display:inline-block;width:6px;white-space:pre"> </div>presented as<div style="display:inline-block;width:6px;white-space:pre"> </div>management </div><div id="a6997" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">fees<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>related<div style="display:inline-block;width:8px;white-space:pre"> </div>party<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:8px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:8px;white-space:pre"> </div>interim<div style="display:inline-block;width:8px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>statements<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>income. </div><div id="a7006" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">Commissions<div style="display:inline-block;width:9px;white-space:pre"> </div>for<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>six<div style="display:inline-block;width:9px;white-space:pre"> </div>months<div style="display:inline-block;width:9px;white-space:pre"> </div>ended<div style="display:inline-block;width:9px;white-space:pre"> </div>June<div style="display:inline-block;width:9px;white-space:pre"> </div>30,<div style="display:inline-block;width:9px;white-space:pre"> </div>2026<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>2025<div style="display:inline-block;width:9px;white-space:pre"> </div>amounted<div style="display:inline-block;width:9px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7006_73_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:585px;top:236px;">168</div><div id="a7006_76_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:610px;top:236px;"><div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7006_82_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:661px;top:236px;">163</div><div id="a7006_85_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:685px;top:236px;">, </div><div id="a7042" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:253px;">respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>and are<div style="display:inline-block;width:6px;white-space:pre"> </div>included in voyage<div style="display:inline-block;width:6px;white-space:pre"> </div>expenses,<div style="display:inline-block;width:5px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying unaudited interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated </div><div id="a7070" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">statements<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>income. As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:7px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025, there<div style="display:inline-block;width:7px;white-space:pre"> </div>was an<div style="display:inline-block;width:7px;white-space:pre"> </div>amount of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7070_89_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:643px;top:270px;">10</div><div id="a7070_91_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:659px;top:270px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a7082" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">$</div><div id="a7082_1_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:287px;">239</div><div id="a7082_4_99" style="position:absolute;font-family:'Arial';font-size:14.72px;left:38px;top:287px;">, respectively, due from DWM included in due from related parties in the accompanying consolidated </div><div id="a7086" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">balance sheets.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7089" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:337px;">b)<div style="display:inline-block;width:34px;white-space:pre"> </div>Bergen<div style="display:inline-block;width:7px;white-space:pre"> </div>Ultra<div style="display:inline-block;width:7px;white-space:pre"> </div>LP,<div style="display:inline-block;width:9px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>Bergen:</div><div id="a7093" style="position:absolute;font-family:'Arial';font-size:14.72px;left:259px;top:337px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>Bergen<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>limited<div style="display:inline-block;width:7px;white-space:pre"> </div>partnership<div style="display:inline-block;width:7px;white-space:pre"> </div>established<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>purpose<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a7096" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">acquiring, owning, chartering and operating the vessel DSI Drammen in which the Company holds a </div><div id="a7096_96_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:660px;top:354px;">25</div><div id="a7096_98_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:676px;top:354px;">% </div><div id="a7108" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">partnership interest.<div style="display:inline-block;width:6px;white-space:pre"> </div>On November<div style="display:inline-block;width:6px;white-space:pre"> </div>19, 2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>Bergen entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into an<div style="display:inline-block;width:7px;white-space:pre"> </div>agreement with<div style="display:inline-block;width:6px;white-space:pre"> </div>an unrelated<div style="display:inline-block;width:6px;white-space:pre"> </div>third </div><div id="a7110" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">party<div style="display:inline-block;width:9px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>sell<div style="display:inline-block;width:8px;white-space:pre"> </div>DSI<div style="display:inline-block;width:9px;white-space:pre"> </div>Drammen<div style="display:inline-block;width:8px;white-space:pre"> </div>for<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7110_31_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:238px;top:388px;">26,400</div><div id="a7110_37_58" style="position:absolute;font-family:'Arial';font-size:14.72px;left:283px;top:388px;">.<div style="display:inline-block;width:9px;white-space:pre"> </div>As<div style="display:inline-block;width:9px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>result,<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>Company<div style="display:inline-block;width:8px;white-space:pre"> </div>reclassified<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:9px;white-space:pre"> </div>equity<div style="display:inline-block;width:8px;white-space:pre"> </div>method </div><div id="a7116" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">investment<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>current<div style="display:inline-block;width:7px;white-space:pre"> </div>assets.<div style="display:inline-block;width:7px;white-space:pre"> </div>On<div style="display:inline-block;width:7px;white-space:pre"> </div>January<div style="display:inline-block;width:7px;white-space:pre"> </div>29,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>following<div style="display:inline-block;width:7px;white-space:pre"> </div>delivery<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>vessel<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>new </div><div id="a7132" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">owners, the Company received $</div><div id="a7132_30_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:220px;top:422px;">3,675</div><div id="a7132_35_26" style="position:absolute;font-family:'Arial';font-size:14.72px;left:257px;top:422px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>as a return of capital.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7139" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">For<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>six months<div style="display:inline-block;width:7px;white-space:pre"> </div>ended June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:7px;white-space:pre"> </div>2025, the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s investment<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>Bergen resulted<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>a </div><div id="a7147" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:472px;">loss of $</div><div id="a7147_9_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:61px;top:472px;">116</div><div id="a7147_12_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:85px;top:472px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a7147_18_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:126px;top:472px;">60</div><div id="a7147_20_84" style="position:absolute;font-family:'Arial';font-size:14.72px;left:143px;top:472px;">, respectively, included in<div style="display:inline-block;width:5px;white-space:pre"> </div>loss from equity method investments in the accompanying </div><div id="a7161" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">unaudited interim<div style="display:inline-block;width:5px;white-space:pre"> </div>consolidated statements<div style="display:inline-block;width:5px;white-space:pre"> </div>of income.<div style="display:inline-block;width:6px;white-space:pre"> </div>As of<div style="display:inline-block;width:5px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, the </div><div id="a7168" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">investment in<div style="display:inline-block;width:6px;white-space:pre"> </div>Bergen amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to $</div><div id="a7168_34_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:247px;top:506px;">62</div><div id="a7168_36_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:263px;top:506px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a7168_42_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:306px;top:506px;">4,227</div><div id="a7168_47_54" style="position:absolute;font-family:'Arial';font-size:14.72px;left:343px;top:506px;">, respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included in<div style="display:inline-block;width:6px;white-space:pre"> </div>equity method<div style="display:inline-block;width:6px;white-space:pre"> </div>investment, </div><div id="a7172" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:523px;">current, in the accompanying consolidated balance sheets.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a7178" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">The<div style="display:inline-block;width:8px;white-space:pre"> </div>Company<div style="display:inline-block;width:8px;white-space:pre"> </div>has<div style="display:inline-block;width:8px;white-space:pre"> </div>an<div style="display:inline-block;width:8px;white-space:pre"> </div>administrative<div style="display:inline-block;width:8px;white-space:pre"> </div>agreement<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>Bergen<div style="display:inline-block;width:8px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>which<div style="display:inline-block;width:8px;white-space:pre"> </div>it<div style="display:inline-block;width:8px;white-space:pre"> </div>provides<div style="display:inline-block;width:8px;white-space:pre"> </div>administrative </div><div id="a7179" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:574px;">services. It also entered into a commission agreement pursuant to which it guaranteed Bergen’s loan and </div><div id="a7190" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:590px;">received<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>commission<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a7190_25_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:184px;top:590px;">0.8</div><div id="a7190_28_69" style="position:absolute;font-family:'Arial';font-size:14.72px;left:204px;top:590px;">%<div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>annum<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>loan<div style="display:inline-block;width:6px;white-space:pre"> </div>balance,<div style="display:inline-block;width:6px;white-space:pre"> </div>payable<div style="display:inline-block;width:6px;white-space:pre"> </div>quarterly.<div style="display:inline-block;width:7px;white-space:pre"> </div>Upon </div><div id="a7199" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:607px;">completion of the vessel sale<div style="display:inline-block;width:6px;white-space:pre"> </div>and full repayment of Bergen’s<div style="display:inline-block;width:6px;white-space:pre"> </div>loan with Nordea, the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>corporate </div><div id="a7200" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:624px;">guarantee has been released. </div><div id="a7207" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:658px;">For<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>six<div style="display:inline-block;width:8px;white-space:pre"> </div>months<div style="display:inline-block;width:8px;white-space:pre"> </div>ended<div style="display:inline-block;width:8px;white-space:pre"> </div>June<div style="display:inline-block;width:8px;white-space:pre"> </div>30,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:8px;white-space:pre"> </div>income<div style="display:inline-block;width:8px;white-space:pre"> </div>from<div style="display:inline-block;width:8px;white-space:pre"> </div>management<div style="display:inline-block;width:8px;white-space:pre"> </div>fees<div style="display:inline-block;width:8px;white-space:pre"> </div>from<div style="display:inline-block;width:8px;white-space:pre"> </div>Bergen </div><div id="a7215" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:675px;">amounted to $</div><div id="a7215_13_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:100px;top:675px;">8</div><div id="a7215_14_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:108px;top:675px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a7215_20_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:150px;top:675px;">8</div><div id="a7215_21_82" style="position:absolute;font-family:'Arial';font-size:14.72px;left:158px;top:675px;">, respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>included in time charter revenues.<div style="display:inline-block;width:6px;white-space:pre"> </div>Income from the loan<div style="display:inline-block;width:6px;white-space:pre"> </div>guarantee </div><div id="a7225" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:692px;">amounted<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7225_13_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:105px;top:692px;">184</div><div id="a7225_16_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:129px;top:692px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7225_22_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:175px;top:692px;">25</div><div id="a7225_24_74" style="position:absolute;font-family:'Arial';font-size:14.72px;left:191px;top:692px;">,<div style="display:inline-block;width:7px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>interest<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>income<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>accompanying </div><div id="a7234" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:708px;">unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>income.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, </div><div id="a7244" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:725px;">amounts<div style="display:inline-block;width:6px;white-space:pre"> </div>due<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>Bergen<div style="display:inline-block;width:6px;white-space:pre"> </div>totaled<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7244_33_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:247px;top:725px;">379</div><div id="a7249" style="position:absolute;font-family:'Arial';font-size:14.72px;left:279px;top:725px;">and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7249_5_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:318px;top:725px;">158</div><div id="a7249_8_53" style="position:absolute;font-family:'Arial';font-size:14.72px;left:342px;top:725px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>due<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>related </div><div id="a7256" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:742px;">parties.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7260" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:776px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>4,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>Bergen<div style="display:inline-block;width:6px;white-space:pre"> </div>declared<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>dividend<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7260_48_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:348px;top:776px;">375</div><div id="a7260_51_46" style="position:absolute;font-family:'Arial';font-size:14.72px;left:373px;top:776px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company,<div style="display:inline-block;width:7px;white-space:pre"> </div>received<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>July<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>which </div><div id="a7263" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:793px;">reduced the carrying amount<div style="display:inline-block;width:6px;white-space:pre"> </div>of the equity method<div style="display:inline-block;width:6px;white-space:pre"> </div>investment and is<div style="display:inline-block;width:5px;white-space:pre"> </div>included in due from<div style="display:inline-block;width:6px;white-space:pre"> </div>related parties </div><div id="a7265" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:810px;">(Note 14). </div><div id="a7270" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:827px;"><div style="display:inline-block;width:4px;white-space:pre"> </div></div></div></div><div id="TextBlockContainer40" style="position:relative;line-height:normal;width:704px;height:727px;"><div style="position:absolute; width:8.2px; height:16.8px; left:262.2px; top:539.6px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:11.5px; height:16.8px; left:657.8px; top:640.9px; background-color:#FFFFFF; "> </div> <div id="TextContainer40" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a7288" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:0px;">c)<div style="display:inline-block;width:35px;white-space:pre"> </div>Windward<div style="display:inline-block;width:7px;white-space:pre"> </div>Offshore<div style="display:inline-block;width:7px;white-space:pre"> </div>GmbH,<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>Windward:</div><div id="a7291" style="position:absolute;font-family:'Arial';font-size:14.72px;left:350px;top:0px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>On<div style="display:inline-block;width:7px;white-space:pre"> </div>November<div style="display:inline-block;width:7px;white-space:pre"> </div>7,<div style="display:inline-block;width:7px;white-space:pre"> </div>2023,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>through<div style="display:inline-block;width:7px;white-space:pre"> </div>its </div><div id="a7293" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">wholly owned subsidiary Diana<div style="display:inline-block;width:6px;white-space:pre"> </div>Energize Inc., or<div style="display:inline-block;width:6px;white-space:pre"> </div>Diana Energize, entered into<div style="display:inline-block;width:6px;white-space:pre"> </div>a joint venture<div style="display:inline-block;width:5px;white-space:pre"> </div>agreement, </div><div id="a7296" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">with unrelated third party companies to form Windward Offshore GmbH &amp; Co. KG,<div style="display:inline-block;width:4px;white-space:pre"> </div>or Windward, based in </div><div id="a7303" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Germany,<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>purpose<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>establishing<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>operating<div style="display:inline-block;width:5px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>offshore<div style="display:inline-block;width:6px;white-space:pre"> </div>wind<div style="display:inline-block;width:6px;white-space:pre"> </div>vessel<div style="display:inline-block;width:6px;white-space:pre"> </div>company<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>aims<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a7307" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">become<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>leading<div style="display:inline-block;width:7px;white-space:pre"> </div>provider<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>service<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>growing<div style="display:inline-block;width:7px;white-space:pre"> </div>offshore<div style="display:inline-block;width:7px;white-space:pre"> </div>wind<div style="display:inline-block;width:7px;white-space:pre"> </div>industry.<div style="display:inline-block;width:8px;white-space:pre"> </div>Diana<div style="display:inline-block;width:7px;white-space:pre"> </div>Energize </div><div id="a7311" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">committed<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>capital<div style="display:inline-block;width:6px;white-space:pre"> </div>contribution<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>€</div><div id="a7311_40_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:271px;top:84px;">50.0</div><div id="a7311_44_29" style="position:absolute;font-family:'Arial';font-size:14.72px;left:300px;top:84px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>million,<div style="display:inline-block;width:6px;white-space:pre"> </div>corresponding<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>a </div><div id="a7311_73_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:491px;top:84px;">34.36</div><div id="a7311_78_26" style="position:absolute;font-family:'Arial';font-size:14.72px;left:528px;top:84px;">%<div style="display:inline-block;width:6px;white-space:pre"> </div>interest<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>limited </div><div id="a7331" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">partnership, of which as of June 30, 2026, €</div><div id="a7331_44_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:291px;top:101px;">8.1</div><div id="a7331_47_59" style="position:absolute;font-family:'Arial';font-size:14.72px;left:311px;top:101px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>million remains outstanding (Note 9). As of June 30, 2026 </div><div id="a7352" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">and<div style="display:inline-block;width:6px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025, the<div style="display:inline-block;width:7px;white-space:pre"> </div>investment in<div style="display:inline-block;width:7px;white-space:pre"> </div>Windward<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7352_63_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:465px;top:118px;">46,557</div><div id="a7352_69_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:509px;top:118px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7352_75_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:553px;top:118px;">44,494</div><div id="a7352_81_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:598px;top:118px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively, </div><div id="a7363" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">which<div style="display:inline-block;width:10px;white-space:pre"> </div>includes<div style="display:inline-block;width:10px;white-space:pre"> </div>capital<div style="display:inline-block;width:10px;white-space:pre"> </div>contributions<div style="display:inline-block;width:10px;white-space:pre"> </div>of<div style="display:inline-block;width:10px;white-space:pre"> </div>$</div><div id="a7363_41_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:295px;top:135px;">48,573</div><div id="a7363_47_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:339px;top:135px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:10px;white-space:pre"> </div>$</div><div id="a7363_53_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:393px;top:135px;">45,440</div><div id="a7363_59_34" style="position:absolute;font-family:'Arial';font-size:14.72px;left:438px;top:135px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:10px;white-space:pre"> </div>is<div style="display:inline-block;width:10px;white-space:pre"> </div>included<div style="display:inline-block;width:10px;white-space:pre"> </div>in<div style="display:inline-block;width:10px;white-space:pre"> </div>equity<div style="display:inline-block;width:10px;white-space:pre"> </div>method </div><div id="a7367" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">investments in the accompanying consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance sheets. For the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months ended June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 </div><div id="a7372" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">and<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>investment<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>Windward<div style="display:inline-block;width:7px;white-space:pre"> </div>resulted<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>gain<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7372_60_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:433px;top:169px;">436</div><div id="a7372_63_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:457px;top:169px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>loss<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7372_79_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:572px;top:169px;">476</div><div id="a7372_82_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:597px;top:169px;">,<div style="display:inline-block;width:7px;white-space:pre"> </div>respectively, </div><div id="a7380" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>loss<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:7px;white-space:pre"> </div>equity<div style="display:inline-block;width:6px;white-space:pre"> </div>method<div style="display:inline-block;width:6px;white-space:pre"> </div>investments<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited<div style="display:inline-block;width:6px;white-space:pre"> </div>interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated </div><div id="a7391" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">statements<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>income.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>Windward<div style="display:inline-block;width:6px;white-space:pre"> </div>had </div><div id="a7391_56_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:411px;top:202px;">two</div><div id="a7391_59_26" style="position:absolute;font-family:'Arial';font-size:14.72px;left:434px;top:202px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>vessels<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>operation<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a7391_85_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:612px;top:202px;">two</div><div id="a7391_88_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:634px;top:202px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>vessels </div><div id="a7399" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">under construction.<div style="display:inline-block;width:5px;white-space:pre"> </div>The third vessel was<div style="display:inline-block;width:6px;white-space:pre"> </div>delivered in early July<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, while the fourth<div style="display:inline-block;width:6px;white-space:pre"> </div>vessel is expected </div><div id="a7411" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">to be delivered in the fourth quarter of 2026. </div><div id="a7414" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:270px;">d)<div style="display:inline-block;width:34px;white-space:pre"> </div>Diana<div style="display:inline-block;width:7px;white-space:pre"> </div>Mariners<div style="display:inline-block;width:7px;white-space:pre"> </div>Inc.,<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>Diana<div style="display:inline-block;width:7px;white-space:pre"> </div>Mariners:</div><div id="a7418" style="position:absolute;font-family:'Arial';font-size:14.72px;left:339px;top:270px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>On<div style="display:inline-block;width:7px;white-space:pre"> </div>September<div style="display:inline-block;width:7px;white-space:pre"> </div>12,<div style="display:inline-block;width:7px;white-space:pre"> </div>2023,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>through<div style="display:inline-block;width:7px;white-space:pre"> </div>its </div><div id="a7420" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">wholly owned subsidiary Cebu Shipping Company Inc., or Cebu, acquired </div><div id="a7420_70_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:489px;top:287px;">24</div><div id="a7420_72_27" style="position:absolute;font-family:'Arial';font-size:14.72px;left:505px;top:287px;">% of Cohen Global Maritime </div><div id="a7421" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">Inc.,<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>Cohen,<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>company<div style="display:inline-block;width:7px;white-space:pre"> </div>organized<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Republic<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Philippines<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>purpose<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>providing </div><div id="a7422" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">manning agency services,<div style="display:inline-block;width:4px;white-space:pre"> </div>which in August 2024, was renamed Diana Mariners. As of June 30, 2026 and </div><div id="a7426" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">December<div style="display:inline-block;width:10px;white-space:pre"> </div>31,<div style="display:inline-block;width:9px;white-space:pre"> </div>2025,<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:10px;white-space:pre"> </div>investment<div style="display:inline-block;width:9px;white-space:pre"> </div>in<div style="display:inline-block;width:10px;white-space:pre"> </div>Diana<div style="display:inline-block;width:9px;white-space:pre"> </div>Mariners<div style="display:inline-block;width:9px;white-space:pre"> </div>amounted<div style="display:inline-block;width:9px;white-space:pre"> </div>to<div style="display:inline-block;width:10px;white-space:pre"> </div>$</div><div id="a7426_75_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:593px;top:337px;">22</div><div id="a7426_77_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:609px;top:337px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7426_83_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:661px;top:337px;">383</div><div id="a7426_86_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:685px;top:337px;">, </div><div id="a7434" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">respectively.<div style="display:inline-block;width:6px;white-space:pre"> </div>Amounts due from Diana Mariners<div style="display:inline-block;width:6px;white-space:pre"> </div>totaled $</div><div id="a7434_55_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:378px;top:354px;">981</div><div id="a7434_58_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:403px;top:354px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a7434_64_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:445px;top:354px;">760</div><div id="a7434_67_36" style="position:absolute;font-family:'Arial';font-size:14.72px;left:469px;top:354px;">, respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>and are included in </div><div id="a7446" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">due<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>related<div style="display:inline-block;width:6px;white-space:pre"> </div>parties,<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>balance<div style="display:inline-block;width:6px;white-space:pre"> </div>sheets.<div style="display:inline-block;width:6px;white-space:pre"> </div>For<div style="display:inline-block;width:5px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:5px;white-space:pre"> </div>ended </div><div id="a7450" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">June<div style="display:inline-block;width:8px;white-space:pre"> </div>30,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>investment<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>Diana<div style="display:inline-block;width:8px;white-space:pre"> </div>Mariners<div style="display:inline-block;width:8px;white-space:pre"> </div>resulted<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>loss<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7450_80_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:595px;top:388px;">361</div><div id="a7450_83_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:620px;top:388px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a7450_89_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:669px;top:388px;">24</div><div id="a7450_91_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:685px;top:388px;">, </div><div id="a7467" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>loss<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>equity<div style="display:inline-block;width:6px;white-space:pre"> </div>method<div style="display:inline-block;width:6px;white-space:pre"> </div>investments<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying unaudited </div><div id="a7479" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">interim<div style="display:inline-block;width:8px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>statements<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>income.<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026,<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>ship-owning </div><div id="a7490" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">subsidiaries<div style="display:inline-block;width:9px;white-space:pre"> </div>have<div style="display:inline-block;width:9px;white-space:pre"> </div>entered<div style="display:inline-block;width:9px;white-space:pre"> </div>into<div style="display:inline-block;width:9px;white-space:pre"> </div>manning<div style="display:inline-block;width:9px;white-space:pre"> </div>agreements<div style="display:inline-block;width:9px;white-space:pre"> </div>with<div style="display:inline-block;width:9px;white-space:pre"> </div>Diana<div style="display:inline-block;width:9px;white-space:pre"> </div>Mariners.<div style="display:inline-block;width:9px;white-space:pre"> </div>On<div style="display:inline-block;width:9px;white-space:pre"> </div>May<div style="display:inline-block;width:9px;white-space:pre"> </div>18,<div style="display:inline-block;width:9px;white-space:pre"> </div>2026,<div style="display:inline-block;width:9px;white-space:pre"> </div>the </div><div id="a7493" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">Company<div style="display:inline-block;width:7px;white-space:pre"> </div>entered<div style="display:inline-block;width:7px;white-space:pre"> </div>into<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>loan<div style="display:inline-block;width:7px;white-space:pre"> </div>agreement<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>Diana<div style="display:inline-block;width:7px;white-space:pre"> </div>Mariners<div style="display:inline-block;width:7px;white-space:pre"> </div>Inc.,<div style="display:inline-block;width:7px;white-space:pre"> </div>pursuant<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>which<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company </div><div id="a7494" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:472px;">provided<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>loan<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7494_20_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:142px;top:472px;">400</div><div id="a7494_23_50" style="position:absolute;font-family:'Arial';font-size:14.72px;left:166px;top:472px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>general<div style="display:inline-block;width:6px;white-space:pre"> </div>corporate<div style="display:inline-block;width:6px;white-space:pre"> </div>purposes.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>loan<div style="display:inline-block;width:6px;white-space:pre"> </div>matures </div><div id="a7494_73_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:513px;top:472px;">ten years</div><div id="a7494_82_18" style="position:absolute;font-family:'Arial';font-size:14.72px;left:575px;top:472px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>date<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a7509" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">issuance<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>non-current<div style="display:inline-block;width:6px;white-space:pre"> </div>assets<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance </div><div id="a7515" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">sheet. </div><div id="a7519" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:540px;">e)<div style="display:inline-block;width:8px;white-space:pre"> </div>Ecogas<div style="display:inline-block;width:8px;white-space:pre"> </div>Holding<div style="display:inline-block;width:8px;white-space:pre"> </div>AS,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:8px;white-space:pre"> </div>Ecogas:</div><div id="a7524" style="position:absolute;font-family:'Arial';font-size:14.72px;left:262px;top:540px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>On<div style="display:inline-block;width:8px;white-space:pre"> </div>March<div style="display:inline-block;width:8px;white-space:pre"> </div>12,<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company,<div style="display:inline-block;width:9px;white-space:pre"> </div>through<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>wholly<div style="display:inline-block;width:8px;white-space:pre"> </div>owned </div><div id="a7526" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">subsidiary Diana<div style="display:inline-block;width:6px;white-space:pre"> </div>Gas Inc.,<div style="display:inline-block;width:6px;white-space:pre"> </div>or Diana<div style="display:inline-block;width:6px;white-space:pre"> </div>Gas, entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into a<div style="display:inline-block;width:6px;white-space:pre"> </div>joint venture<div style="display:inline-block;width:6px;white-space:pre"> </div>agreement with<div style="display:inline-block;width:6px;white-space:pre"> </div>an unrelated<div style="display:inline-block;width:6px;white-space:pre"> </div>third </div><div id="a7530" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:574px;">party to<div style="display:inline-block;width:6px;white-space:pre"> </div>establish Ecogas,<div style="display:inline-block;width:6px;white-space:pre"> </div>a company<div style="display:inline-block;width:6px;white-space:pre"> </div>formed under<div style="display:inline-block;width:6px;white-space:pre"> </div>the laws<div style="display:inline-block;width:6px;white-space:pre"> </div>of Norway,<div style="display:inline-block;width:7px;white-space:pre"> </div>for the<div style="display:inline-block;width:6px;white-space:pre"> </div>purpose of<div style="display:inline-block;width:6px;white-space:pre"> </div>building </div><div id="a7530_98_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:667px;top:574px;">two</div><div id="a7531" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:590px;">7,500 cbm<div style="display:inline-block;width:6px;white-space:pre"> </div>LPG vessels with<div style="display:inline-block;width:6px;white-space:pre"> </div>delivery in<div style="display:inline-block;width:6px;white-space:pre"> </div>2027. Under<div style="display:inline-block;width:6px;white-space:pre"> </div>the terms<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>agreement, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s equity </div><div id="a7535" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:607px;">commitment in<div style="display:inline-block;width:6px;white-space:pre"> </div>Ecogas is<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7535_25_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:186px;top:607px;">18,464</div><div id="a7535_31_18" style="position:absolute;font-family:'Arial';font-size:14.72px;left:231px;top:607px;">, representing<div style="display:inline-block;width:6px;white-space:pre"> </div>an </div><div id="a7535_49_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:349px;top:607px;">80</div><div id="a7535_51_49" style="position:absolute;font-family:'Arial';font-size:14.72px;left:365px;top:607px;">% equity<div style="display:inline-block;width:6px;white-space:pre"> </div>interest. The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company and<div style="display:inline-block;width:6px;white-space:pre"> </div>its strategic </div><div id="a7543" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:624px;">partner hold equal voting rights of </div><div id="a7543_36_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:229px;top:624px;">50</div><div id="a7543_38_68" style="position:absolute;font-family:'Arial';font-size:14.72px;left:245px;top:624px;">% each, and as a result, the Company accounts for its investment in </div><div id="a7553" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:641px;">Ecogas<div style="display:inline-block;width:7px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>equity<div style="display:inline-block;width:7px;white-space:pre"> </div>method<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>accounting.<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:7px;white-space:pre"> </div>31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a7560" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:658px;">investment in Ecogas amounted to $</div><div id="a7560_34_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:243px;top:658px;">11,719</div><div id="a7560_40_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:288px;top:658px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a7560_46_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:329px;top:658px;">8,754</div><div id="a7560_51_53" style="position:absolute;font-family:'Arial';font-size:14.72px;left:366px;top:658px;">, respectively, which includes capital contributions </div><div id="a7568" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:675px;">of $</div><div id="a7568_4_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:675px;">13,384</div><div id="a7568_10_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:75px;top:675px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a7568_16_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:116px;top:675px;">10,248</div><div id="a7568_22_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:161px;top:675px;">, respectively. For the six months ended June 30, 2026, the investment in Ecogas </div><div id="a7579" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:692px;">resulted in<div style="display:inline-block;width:7px;white-space:pre"> </div>a loss<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a7579_23_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:151px;top:692px;">218</div><div id="a7579_26_76" style="position:absolute;font-family:'Arial';font-size:14.72px;left:175px;top:692px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and is<div style="display:inline-block;width:7px;white-space:pre"> </div>included in<div style="display:inline-block;width:6px;white-space:pre"> </div>loss from<div style="display:inline-block;width:7px;white-space:pre"> </div>equity method<div style="display:inline-block;width:6px;white-space:pre"> </div>investments in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>accompanying </div><div id="a7583" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:708px;">unaudited interim consolidated statements of income.</div></div></div> 0.50 84000 244000 -159000 -187000 555000 636000 168000 163000 10000 239000 0.25 26400000 3675000 -116000 -60000 62000 4227000 0.008 8000 8000 184000 25000 379000 158000 375000 50000000.0 0.3436 8100000 46557000 44494000 48573000 45440000 436000 -476000 2 2 0.24 22000 383000 981000 760000 -361000 -24000 400000 P10Y 2 18464000 0.80 0.50 11719000 8754000 13384000 10248000 -218000 <div id="TextBlockContainer43" style="position:relative;line-height:normal;width:706px;height:88px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:114.6px; background-color:#000000; "> </div> <div id="TextContainer43" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a7586" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">4.<div style="display:inline-block;width:35px;white-space:pre"> </div>Investments in related parties and other</div><div id="a7591" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:35px;">a)<div style="display:inline-block;width:35px;white-space:pre"> </div>OceanPal Inc.,<div style="display:inline-block;width:6px;white-space:pre"> </div>or OceanPal:</div><div id="a7599" style="position:absolute;font-family:'Arial';font-size:14.72px;left:253px;top:35px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>As of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:6px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>held </div><div id="a7605" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">207</div><div id="a7605_3_99" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:52px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>Series C<div style="display:inline-block;width:6px;white-space:pre"> </div>Convertible Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Shares of<div style="display:inline-block;width:6px;white-space:pre"> </div>OceanPal. Series<div style="display:inline-block;width:6px;white-space:pre"> </div>C preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>shares are<div style="display:inline-block;width:6px;white-space:pre"> </div>convertible into </div><div id="a7625" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:69px;">common stock<div style="display:inline-block;width:6px;white-space:pre"> </div>at the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s option,<div style="display:inline-block;width:6px;white-space:pre"> </div>have no<div style="display:inline-block;width:6px;white-space:pre"> </div>voting rights<div style="display:inline-block;width:6px;white-space:pre"> </div>and a<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidation preference<div style="display:inline-block;width:6px;white-space:pre"> </div>equal to<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div></div></div><div id="TextBlockContainer46" style="position:relative;line-height:normal;width:704px;height:676px;"><div id="TextContainer46" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a7649" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">stated value of $</div><div id="a7649_17_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:113px;top:0px;">1,000</div><div id="a7649_22_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:150px;top:0px;">. Dividends on each share of Series C Preferred Shares are cumulative and accrue </div><div id="a7651" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">at the rate of </div><div id="a7651_15_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:92px;top:17px;">8</div><div id="a7651_16_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:100px;top:17px;">% per annum. Dividends are payable in cash or, at OceanPal’s election, in kind.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a7654" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">For the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026 and<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, dividend income<div style="display:inline-block;width:5px;white-space:pre"> </div>from the Series<div style="display:inline-block;width:6px;white-space:pre"> </div>C preferred shares </div><div id="a7655" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">amounted<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a7655_13_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:108px;top:68px;">8</div><div id="a7655_14_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:116px;top:68px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a7655_20_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:166px;top:68px;">8</div><div id="a7655_21_74" style="position:absolute;font-family:'Arial';font-size:14.72px;left:174px;top:68px;">,<div style="display:inline-block;width:9px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:9px;white-space:pre"> </div>included<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>interest<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>other<div style="display:inline-block;width:8px;white-space:pre"> </div>income<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accompanying </div><div id="a7656" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">unaudited interim consolidated statements of income. </div><div id="a7659" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:7px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025, the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>investment in<div style="display:inline-block;width:7px;white-space:pre"> </div>Series C<div style="display:inline-block;width:7px;white-space:pre"> </div>preferred shares </div><div id="a7664" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">amounted<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7664_13_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:105px;top:135px;">180</div><div id="a7664_16_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:129px;top:135px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7664_22_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:176px;top:135px;">180</div><div id="a7664_25_76" style="position:absolute;font-family:'Arial';font-size:14.72px;left:200px;top:135px;">,<div style="display:inline-block;width:7px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:8px;white-space:pre"> </div>included<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>investments<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>related<div style="display:inline-block;width:7px;white-space:pre"> </div>party,<div style="display:inline-block;width:8px;white-space:pre"> </div>current,<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a7665" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">accompanying consolidated balance sheets. </div><div id="a7669" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">As of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:5px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>held </div><div id="a7669_60_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:438px;top:186px;">7,298</div><div id="a7669_65_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:475px;top:186px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a7669_70_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:509px;top:186px;">145,978</div><div id="a7669_77_18" style="position:absolute;font-family:'Arial';font-size:14.72px;left:562px;top:186px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>common shares of </div><div id="a7674" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">OceanPal (NASDAQ:</div><div id="a7678" style="position:absolute;font-family:'Arial';font-size:14.72px;left:149px;top:202px;">SVRN), respectively, reflecting the<div style="display:inline-block;width:6px;white-space:pre"> </div>impact of a reverse stock split effected in March </div><div id="a7681" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">2026.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>same<div style="display:inline-block;width:6px;white-space:pre"> </div>dates,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>these<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7681_72_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:511px;top:219px;">57</div><div id="a7681_74_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:527px;top:219px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7681_80_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:573px;top:219px;">158</div><div id="a7681_83_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:598px;top:219px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively, </div><div id="a7686" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">determined<div style="display:inline-block;width:6px;white-space:pre"> </div>using<div style="display:inline-block;width:6px;white-space:pre"> </div>Level<div style="display:inline-block;width:6px;white-space:pre"> </div>1<div style="display:inline-block;width:6px;white-space:pre"> </div>inputs<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>hierarchy,<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>investments<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>related<div style="display:inline-block;width:6px;white-space:pre"> </div>party, </div><div id="a7696" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:253px;">current in the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying consolidated balance sheets.<div style="display:inline-block;width:6px;white-space:pre"> </div>For the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026<div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a7707" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>investment’s<div style="display:inline-block;width:7px;white-space:pre"> </div>revaluation<div style="display:inline-block;width:7px;white-space:pre"> </div>resulted<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>an<div style="display:inline-block;width:7px;white-space:pre"> </div>unrealized<div style="display:inline-block;width:7px;white-space:pre"> </div>loss<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7707_70_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:481px;top:270px;">100</div><div id="a7707_73_27" style="position:absolute;font-family:'Arial';font-size:14.72px;left:505px;top:270px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>an<div style="display:inline-block;width:7px;white-space:pre"> </div>unrealized<div style="display:inline-block;width:7px;white-space:pre"> </div>gain<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a7715" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">$</div><div id="a7715_1_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:287px;">2,482</div><div id="a7715_6_98" style="position:absolute;font-family:'Arial';font-size:14.72px;left:50px;top:287px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>gain/(loss)<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>related<div style="display:inline-block;width:7px;white-space:pre"> </div>party<div style="display:inline-block;width:7px;white-space:pre"> </div>investments,<div style="display:inline-block;width:6px;white-space:pre"> </div>separately<div style="display:inline-block;width:6px;white-space:pre"> </div>presented<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a7731" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">accompanying unaudited interim consolidated statements of income. </div><div id="a7735" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:337px;">b)<div style="display:inline-block;width:21px;white-space:pre"> </div>Investments<div style="display:inline-block;width:4px;white-space:pre"> </div>in equity securities:</div><div id="a7740" style="position:absolute;font-family:'Arial';font-size:14.72px;left:268px;top:337px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>As of June 30, 2026 and December 31, 2025 the Company held </div><div id="a7750" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">6,264,548</div><div id="a7750_9_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:71px;top:354px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and </div><div id="a7750_14_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:104px;top:354px;">6,413,151</div><div id="a7750_23_74" style="position:absolute;font-family:'Arial';font-size:14.72px;left:169px;top:354px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>common shares of Genco Shipping &amp; Trading<div style="display:inline-block;width:6px;white-space:pre"> </div>Limited (“Genco”) (NYSE: GNK), </div><div id="a7751" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">respectively. During the second quarter of<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the Company sold </div><div id="a7751_66_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:446px;top:371px;">148,603</div><div id="a7751_73_29" style="position:absolute;font-family:'Arial';font-size:14.72px;left:499px;top:371px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>common shares, at a gain of </div><div id="a7755" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">$</div><div id="a7755_1_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:388px;">291</div><div id="a7755_4_90" style="position:absolute;font-family:'Arial';font-size:14.72px;left:38px;top:388px;">.<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:7px;white-space:pre"> </div>31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>investment<div style="display:inline-block;width:7px;white-space:pre"> </div>had<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>fair<div style="display:inline-block;width:7px;white-space:pre"> </div>value<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a7765" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">$</div><div id="a7765_1_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:405px;">155,235</div><div id="a7765_8_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:67px;top:405px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7765_14_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:112px;top:405px;">118,194</div><div id="a7765_21_80" style="position:absolute;font-family:'Arial';font-size:14.72px;left:165px;top:405px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>determined<div style="display:inline-block;width:6px;white-space:pre"> </div>using<div style="display:inline-block;width:6px;white-space:pre"> </div>Level<div style="display:inline-block;width:6px;white-space:pre"> </div>1<div style="display:inline-block;width:6px;white-space:pre"> </div>inputs<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>hierarchy<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a7782" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">presented<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>investment<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>equity<div style="display:inline-block;width:7px;white-space:pre"> </div>securities<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:7px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:7px;white-space:pre"> </div>balance<div style="display:inline-block;width:7px;white-space:pre"> </div>sheets.<div style="display:inline-block;width:7px;white-space:pre"> </div>The </div><div id="a7788" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">securities<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>considered<div style="display:inline-block;width:6px;white-space:pre"> </div>marketable<div style="display:inline-block;width:6px;white-space:pre"> </div>securities<div style="display:inline-block;width:6px;white-space:pre"> </div>readily<div style="display:inline-block;width:6px;white-space:pre"> </div>convertible<div style="display:inline-block;width:6px;white-space:pre"> </div>into<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>fund<div style="display:inline-block;width:6px;white-space:pre"> </div>current<div style="display:inline-block;width:6px;white-space:pre"> </div>operations </div><div id="a7793" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">and are classified as current assets in the accompanying consolidated<div style="display:inline-block;width:3px;white-space:pre"> </div>balance sheets.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7802" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">For<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>six<div style="display:inline-block;width:8px;white-space:pre"> </div>months<div style="display:inline-block;width:8px;white-space:pre"> </div>ended<div style="display:inline-block;width:8px;white-space:pre"> </div>June<div style="display:inline-block;width:8px;white-space:pre"> </div>30,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>revaluation<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>investment<div style="display:inline-block;width:8px;white-space:pre"> </div>resulted<div style="display:inline-block;width:8px;white-space:pre"> </div>in </div><div id="a7807" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">unrealized<div style="display:inline-block;width:8px;white-space:pre"> </div>gain<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a7807_20_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:146px;top:506px;">40,392</div><div id="a7807_26_14" style="position:absolute;font-family:'Arial';font-size:14.72px;left:191px;top:506px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>loss<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a7807_40_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:296px;top:506px;">403</div><div id="a7807_43_54" style="position:absolute;font-family:'Arial';font-size:14.72px;left:320px;top:506px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>is<div style="display:inline-block;width:8px;white-space:pre"> </div>separately<div style="display:inline-block;width:8px;white-space:pre"> </div>presented<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>gain/(loss)<div style="display:inline-block;width:8px;white-space:pre"> </div>on<div style="display:inline-block;width:8px;white-space:pre"> </div>equity </div><div id="a7829" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:523px;">securities in<div style="display:inline-block;width:6px;white-space:pre"> </div>the accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited interim<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated statement<div style="display:inline-block;width:6px;white-space:pre"> </div>of income.<div style="display:inline-block;width:6px;white-space:pre"> </div>For the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months </div><div id="a7835" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:540px;">ended June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, dividend income<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted to $</div><div id="a7835_50_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:361px;top:540px;">5,413</div><div id="a7835_55_46" style="position:absolute;font-family:'Arial';font-size:14.72px;left:397px;top:540px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and is included<div style="display:inline-block;width:6px;white-space:pre"> </div>in interest and<div style="display:inline-block;width:6px;white-space:pre"> </div>other income </div><div id="a7842" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">in the accompanying unaudited interim consolidated statements<div style="display:inline-block;width:3px;white-space:pre"> </div>of income.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a7845" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:590px;">The Company has submitted a letter to the Board of Directors of Genco outlining a proposal to acquire all </div><div id="a7847" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:607px;">outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Genco<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>already<div style="display:inline-block;width:6px;white-space:pre"> </div>owned<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company.<div style="display:inline-block;width:8px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>transaction-</div><div id="a7856" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:624px;">related<div style="display:inline-block;width:6px;white-space:pre"> </div>expenses<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a7856_30_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:223px;top:624px;">4,564</div><div id="a7856_35_63" style="position:absolute;font-family:'Arial';font-size:14.72px;left:259px;top:624px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>non-current<div style="display:inline-block;width:6px;white-space:pre"> </div>assets<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>commitment<div style="display:inline-block;width:6px;white-space:pre"> </div>fees<div style="display:inline-block;width:6px;white-space:pre"> </div>paid </div><div id="a7870" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:641px;">under the<div style="display:inline-block;width:7px;white-space:pre"> </div>committed facility<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a7870_42_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:291px;top:641px;">3,722</div><div id="a7870_47_54" style="position:absolute;font-family:'Arial';font-size:14.72px;left:327px;top:641px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>included in<div style="display:inline-block;width:7px;white-space:pre"> </div>deferred costs<div style="display:inline-block;width:7px;white-space:pre"> </div>in the<div style="display:inline-block;width:7px;white-space:pre"> </div>2026 accompanying </div><div id="a7884" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:658px;">consolidated balance sheet.</div></div></div> 207 207 1000 0.08 8000 8000 180000 180000 7298 145978 57000 158000 -100000 2482000 6264548 6413151 148603 291000 155235000 118194000 40392000 -403000 5413000 4564000 3722000 <div id="TextBlockContainer49" style="position:relative;line-height:normal;width:704px;height:153px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:165.2px; background-color:#000000; "> </div> <div id="TextContainer49" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a7887" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">5.<div style="display:inline-block;width:36px;white-space:pre"> </div>Advances for vessels under construction and Vessels, net </div><div id="a7894" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">It<div style="display:inline-block;width:9px;white-space:pre"> </div>is<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>normal<div style="display:inline-block;width:8px;white-space:pre"> </div>course<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>business<div style="display:inline-block;width:8px;white-space:pre"> </div>from<div style="display:inline-block;width:8px;white-space:pre"> </div>time<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>time<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>acquire<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>sell<div style="display:inline-block;width:8px;white-space:pre"> </div>vessels. </div><div id="a7895" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Accordingly, as of June 30, 2026, the Company had entered into the below transactions. </div><div id="a7898" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:84px;">Vessels under construction </div><div id="a7901" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">On<div style="display:inline-block;width:9px;white-space:pre"> </div>February<div style="display:inline-block;width:8px;white-space:pre"> </div>8,<div style="display:inline-block;width:9px;white-space:pre"> </div>2024,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>Company<div style="display:inline-block;width:8px;white-space:pre"> </div>signed<div style="display:inline-block;width:8px;white-space:pre"> </div>an<div style="display:inline-block;width:8px;white-space:pre"> </div>agreement<div style="display:inline-block;width:8px;white-space:pre"> </div>with<div style="display:inline-block;width:8px;white-space:pre"> </div>an<div style="display:inline-block;width:8px;white-space:pre"> </div>unaffiliated<div style="display:inline-block;width:8px;white-space:pre"> </div>third<div style="display:inline-block;width:8px;white-space:pre"> </div>party,<div style="display:inline-block;width:9px;white-space:pre"> </div>for<div style="display:inline-block;width:8px;white-space:pre"> </div>the </div><div id="a7902" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">construction of </div><div id="a7902_16_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:107px;top:135px;">two</div><div id="a7902_19_84" style="position:absolute;font-family:'Arial';font-size:14.72px;left:130px;top:135px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>81,200 dwt methanol<div style="display:inline-block;width:6px;white-space:pre"> </div>dual fuel<div style="display:inline-block;width:5px;white-space:pre"> </div>new-building Kamsarmax dry<div style="display:inline-block;width:6px;white-space:pre"> </div>bulk vessels, to<div style="display:inline-block;width:6px;white-space:pre"> </div>be built </div></div></div><div id="TextBlockContainer52" style="position:relative;line-height:normal;width:704px;height:170px;"><div id="TextContainer52" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a7921" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">at Tsuneishi<div style="display:inline-block;width:6px;white-space:pre"> </div>Group (Zhoushan) Shipbuilding Inc., China. The<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels are expected to be<div style="display:inline-block;width:6px;white-space:pre"> </div>delivered to the </div><div id="a7922" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">Company by the second half of 2027 and the first half of 2028.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a7925" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:7px;white-space:pre"> </div>31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>advances<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels<div style="display:inline-block;width:7px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>construction,<div style="display:inline-block;width:7px;white-space:pre"> </div>separately </div><div id="a7930" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">presented<div style="display:inline-block;width:9px;white-space:pre"> </div>in<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:9px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:9px;white-space:pre"> </div>balance<div style="display:inline-block;width:9px;white-space:pre"> </div>sheets,<div style="display:inline-block;width:9px;white-space:pre"> </div>amounted<div style="display:inline-block;width:9px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7930_72_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:545px;top:68px;">21,477</div><div id="a7930_78_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:590px;top:68px;"><div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>$</div><div id="a7930_84_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:640px;top:68px;">20,877</div><div id="a7930_90_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:685px;top:68px;">, </div><div id="a7938" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>of which $</div><div id="a7938_24_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:159px;top:84px;">3,024</div><div id="a7938_29_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:195px;top:84px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a7938_35_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:237px;top:84px;">2,446</div><div id="a7938_40_64" style="position:absolute;font-family:'Arial';font-size:14.72px;left:274px;top:84px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>was capitalized interest. During the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months ended June 30, </div><div id="a7939" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">2026, capitalized expenses amounted to $</div><div id="a7939_40_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:280px;top:101px;">600</div><div id="a7939_43_37" style="position:absolute;font-family:'Arial';font-size:14.72px;left:305px;top:101px;">, including capitalized interest of $</div><div id="a7939_80_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:525px;top:101px;">578</div><div id="a7939_83_13" style="position:absolute;font-family:'Arial';font-size:14.72px;left:550px;top:101px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>(Note 11).<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a7955" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>amount<div style="display:inline-block;width:5px;white-space:pre"> </div>reflected<div style="display:inline-block;width:5px;white-space:pre"> </div>in Vessels,<div style="display:inline-block;width:8px;white-space:pre"> </div>net<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance sheets<div style="display:inline-block;width:7px;white-space:pre"> </div>is analyzed<div style="display:inline-block;width:7px;white-space:pre"> </div>as </div><div id="a7956" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">follows:</div></div></div><div id="TextBlockContainer58" style="position:relative;line-height:normal;width:703px;height:116px;"><div id="div_55_XBRL_TS_d2baf9aed98244caa806d76259ec9135" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer56" style="position:relative;line-height:normal;width:703px;height:116px;"><div style="position:absolute; width:96px; height:1px; left:376.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:17px; left:4.8px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:17px; left:23.7px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:15.4px; left:23.7px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:364.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:376.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:472.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:37.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:484.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:580.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:592.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:360.1px; height:17.1px; left:4.8px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:360.1px; height:15.4px; left:4.8px; top:80.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:364.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:376.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:472.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:484.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:580.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:592.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:592.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:375.9px; top:114.7px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:483.9px; top:114.7px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:114.7px; background-color:#000000; "> </div> <div id="TextContainer56" style="position:relative;width:703px;z-index:1;font-size:10.72px;"><div id="a7962" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:387px;top:15px;">Vessel Cost </div><div id="a7965" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:491px;top:0px;">Accumulated </div><div id="a7966" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:493px;top:15px;">Depreciation </div><div id="a7969" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:612px;top:0px;">Net Book </div><div id="a7970" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:623px;top:15px;">Value </div><div id="a7981" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:38px;">Balance, December 31, 2025 </div><div id="a7983" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:38px;">$ </div><div id="a7985" style="position:absolute;font-family:'Arial';font-size:13.28px;left:410px;top:38px;">1,045,512</div><div id="a7987" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:38px;">$ </div><div id="a7989" style="position:absolute;font-family:'Arial';font-size:13.28px;left:524px;top:38px;display:flex;">(267,574)</div><div id="a7991" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:38px;">$ </div><div id="a7993" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:38px;">777,938</div><div id="a7995" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:64px;">- Additions for vessel improvements </div><div id="a8000" style="position:absolute;font-family:'Arial';font-size:13.28px;left:454px;top:64px;">43</div><div id="a8003" style="position:absolute;font-family:'Arial';font-size:13.28px;left:573px;top:64px;">- </div><div id="a8006" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:64px;">43</div><div id="a8008" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:80px;">- Depreciation for the period </div><div id="a8013" style="position:absolute;font-family:'Arial';font-size:13.28px;left:465px;top:81px;">- </div><div id="a8016" style="position:absolute;font-family:'Arial';font-size:13.28px;left:531px;top:81px;display:flex;">(18,738)</div><div id="a8019" style="position:absolute;font-family:'Arial';font-size:13.28px;left:639px;top:81px;display:flex;">(18,738)</div><div id="a8022" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:99px;">Balance, June 30, 2026 </div><div id="a8024" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:99px;">$ </div><div id="a8026" style="position:absolute;font-family:'Arial';font-size:13.28px;left:410px;top:99px;">1,045,555</div><div id="a8028" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:99px;">$ </div><div id="a8030" style="position:absolute;font-family:'Arial';font-size:13.28px;left:524px;top:99px;display:flex;">(286,312)</div><div id="a8032" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:99px;">$ </div><div id="a8034" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:99px;">759,243</div></div></div></div></div> 2 21477000 20877000 3024000 2446000 600000 578000 <div id="TextBlockContainer56" style="position:relative;line-height:normal;width:703px;height:116px;"><div style="position:absolute; width:96px; height:1px; left:376.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:17px; left:4.8px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:17px; left:23.7px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:15.4px; left:23.7px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:364.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:376.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:472.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:37.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:484.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:580.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:592.9px; top:36.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:55.5px; background-color:#000000; "> </div> <div style="position:absolute; width:360.1px; height:17.1px; left:4.8px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:360.1px; height:15.4px; left:4.8px; top:80.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:364.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:376.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:472.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:484.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:580.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.1px; left:592.9px; top:79.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:592.9px; top:81.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:96.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:375.9px; top:114.7px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:483.9px; top:114.7px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:114.7px; background-color:#000000; "> </div> <div id="TextContainer56" style="position:relative;width:703px;z-index:1;font-size:10.72px;"><div id="a7962" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:387px;top:15px;">Vessel Cost </div><div id="a7965" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:491px;top:0px;">Accumulated </div><div id="a7966" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:493px;top:15px;">Depreciation </div><div id="a7969" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:612px;top:0px;">Net Book </div><div id="a7970" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:623px;top:15px;">Value </div><div id="a7981" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:38px;">Balance, December 31, 2025 </div><div id="a7983" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:38px;">$ </div><div id="a7985" style="position:absolute;font-family:'Arial';font-size:13.28px;left:410px;top:38px;">1,045,512</div><div id="a7987" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:38px;">$ </div><div id="a7989" style="position:absolute;font-family:'Arial';font-size:13.28px;left:524px;top:38px;display:flex;">(267,574)</div><div id="a7991" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:38px;">$ </div><div id="a7993" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:38px;">777,938</div><div id="a7995" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:64px;">- Additions for vessel improvements </div><div id="a8000" style="position:absolute;font-family:'Arial';font-size:13.28px;left:454px;top:64px;">43</div><div id="a8003" style="position:absolute;font-family:'Arial';font-size:13.28px;left:573px;top:64px;">- </div><div id="a8006" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:64px;">43</div><div id="a8008" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:80px;">- Depreciation for the period </div><div id="a8013" style="position:absolute;font-family:'Arial';font-size:13.28px;left:465px;top:81px;">- </div><div id="a8016" style="position:absolute;font-family:'Arial';font-size:13.28px;left:531px;top:81px;display:flex;">(18,738)</div><div id="a8019" style="position:absolute;font-family:'Arial';font-size:13.28px;left:639px;top:81px;display:flex;">(18,738)</div><div id="a8022" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:99px;">Balance, June 30, 2026 </div><div id="a8024" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:99px;">$ </div><div id="a8026" style="position:absolute;font-family:'Arial';font-size:13.28px;left:410px;top:99px;">1,045,555</div><div id="a8028" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:99px;">$ </div><div id="a8030" style="position:absolute;font-family:'Arial';font-size:13.28px;left:524px;top:99px;display:flex;">(286,312)</div><div id="a8032" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:99px;">$ </div><div id="a8034" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:99px;">759,243</div></div></div> 1045512000 267574000 777938000 43000 43000 18738000 18738000 1045555000 286312000 759243000 <div id="TextBlockContainer61" style="position:relative;line-height:normal;width:706px;height:104px;"><div id="TextContainer61" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a8037" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">6.<div style="display:inline-block;width:24px;white-space:pre"> </div>Property and Equipment, net </div><div id="a8042" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:35px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>owns<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>land<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>building<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>principal<div style="display:inline-block;width:6px;white-space:pre"> </div>corporate<div style="display:inline-block;width:6px;white-space:pre"> </div>offices<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>Athens,<div style="display:inline-block;width:6px;white-space:pre"> </div>Greece<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>four </div><div id="a8076" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">plots<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>land<div style="display:inline-block;width:6px;white-space:pre"> </div>acquired<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>corporate<div style="display:inline-block;width:6px;white-space:pre"> </div>purposes.<div style="display:inline-block;width:6px;white-space:pre"> </div>Other<div style="display:inline-block;width:7px;white-space:pre"> </div>assets<div style="display:inline-block;width:6px;white-space:pre"> </div>consist<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>office<div style="display:inline-block;width:7px;white-space:pre"> </div>furniture<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>equipment, </div><div id="a8102" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:69px;">computer software and hardware<div style="display:inline-block;width:6px;white-space:pre"> </div>and vehicles. The amount<div style="display:inline-block;width:6px;white-space:pre"> </div>reflected in “Property and<div style="display:inline-block;width:6px;white-space:pre"> </div>equipment, net” is </div><div id="a8132" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:86px;">analyzed as follows:</div></div></div><div id="TextBlockContainer67" style="position:relative;line-height:normal;width:703px;height:114px;"><div id="div_64_XBRL_TS_60b78745500644b49c11f58597966cd9" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer65" style="position:relative;line-height:normal;width:703px;height:114px;"><div style="position:absolute; width:96px; height:1px; left:376.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:18.1px; left:4.8px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:18.1px; left:23.7px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:15.4px; left:23.7px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:364.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:376.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:472.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:484.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:580.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:592.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:360.1px; height:17px; left:4.8px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:360.1px; height:15.4px; left:4.8px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:364.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:376.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:472.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:484.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:580.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:592.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:592.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:375.9px; top:112.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:483.9px; top:112.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:112.6px; background-color:#000000; "> </div> <div id="TextContainer65" style="position:relative;width:703px;z-index:1;font-size:10.72px;"><div id="a8142" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:384px;top:0px;">Property and </div><div id="a8143" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:390px;top:15px;">Equipment </div><div id="a8146" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:491px;top:0px;">Accumulated </div><div id="a8147" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:493px;top:15px;">Depreciation </div><div id="a8150" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:612px;top:0px;">Net Book </div><div id="a8151" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:623px;top:15px;">Value </div><div id="a8162" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:38px;">Balance, December 31, 2025 </div><div id="a8164" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:38px;">$ </div><div id="a8166" style="position:absolute;font-family:'Arial';font-size:13.28px;left:428px;top:38px;">36,331</div><div id="a8168" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:38px;">$ </div><div id="a8170" style="position:absolute;font-family:'Arial';font-size:13.28px;left:539px;top:38px;display:flex;">(8,483)</div><div id="a8172" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:38px;">$ </div><div id="a8174" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:38px;">27,848</div><div id="a8176" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:62px;">- Additions in property and equipment </div><div id="a8181" style="position:absolute;font-family:'Arial';font-size:13.28px;left:436px;top:62px;">1,822</div><div id="a8184" style="position:absolute;font-family:'Arial';font-size:13.28px;left:573px;top:62px;">- </div><div id="a8187" style="position:absolute;font-family:'Arial';font-size:13.28px;left:652px;top:62px;">1,822</div><div id="a8189" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:79px;">- Depreciation for the period </div><div id="a8194" style="position:absolute;font-family:'Arial';font-size:13.28px;left:465px;top:79px;">- </div><div id="a8197" style="position:absolute;font-family:'Arial';font-size:13.28px;left:550px;top:79px;display:flex;">(505)</div><div id="a8200" style="position:absolute;font-family:'Arial';font-size:13.28px;left:658px;top:79px;display:flex;">(505)</div><div id="a8203" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:97px;">Balance, June 30, 2026 </div><div id="a8205" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:97px;">$ </div><div id="a8207" style="position:absolute;font-family:'Arial';font-size:13.28px;left:428px;top:97px;">38,153</div><div id="a8209" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:97px;">$ </div><div id="a8211" style="position:absolute;font-family:'Arial';font-size:13.28px;left:539px;top:97px;display:flex;">(8,988)</div><div id="a8213" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:97px;">$ </div><div id="a8215" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:97px;">29,165</div></div></div></div></div> <div id="TextBlockContainer65" style="position:relative;line-height:normal;width:703px;height:114px;"><div style="position:absolute; width:96px; height:1px; left:376.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:18.1px; left:4.8px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:18.1px; left:23.7px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:341.2px; height:15.4px; left:23.7px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:364.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:376.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:472.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:484.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:580.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:18.1px; left:592.9px; top:35.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:38.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:53.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:55.4px; background-color:#000000; "> </div> <div style="position:absolute; width:360.1px; height:17px; left:4.8px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:360.1px; height:15.4px; left:4.8px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:364.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:364.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:376.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:376.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:472.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:484.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:580.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17px; left:592.9px; top:77.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:592.9px; top:79.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:376.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:94.5px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:375.9px; top:112.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:483.9px; top:112.6px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:112.6px; background-color:#000000; "> </div> <div id="TextContainer65" style="position:relative;width:703px;z-index:1;font-size:10.72px;"><div id="a8142" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:384px;top:0px;">Property and </div><div id="a8143" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:390px;top:15px;">Equipment </div><div id="a8146" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:491px;top:0px;">Accumulated </div><div id="a8147" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:493px;top:15px;">Depreciation </div><div id="a8150" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:612px;top:0px;">Net Book </div><div id="a8151" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:623px;top:15px;">Value </div><div id="a8162" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:38px;">Balance, December 31, 2025 </div><div id="a8164" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:38px;">$ </div><div id="a8166" style="position:absolute;font-family:'Arial';font-size:13.28px;left:428px;top:38px;">36,331</div><div id="a8168" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:38px;">$ </div><div id="a8170" style="position:absolute;font-family:'Arial';font-size:13.28px;left:539px;top:38px;display:flex;">(8,483)</div><div id="a8172" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:38px;">$ </div><div id="a8174" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:38px;">27,848</div><div id="a8176" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:62px;">- Additions in property and equipment </div><div id="a8181" style="position:absolute;font-family:'Arial';font-size:13.28px;left:436px;top:62px;">1,822</div><div id="a8184" style="position:absolute;font-family:'Arial';font-size:13.28px;left:573px;top:62px;">- </div><div id="a8187" style="position:absolute;font-family:'Arial';font-size:13.28px;left:652px;top:62px;">1,822</div><div id="a8189" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:79px;">- Depreciation for the period </div><div id="a8194" style="position:absolute;font-family:'Arial';font-size:13.28px;left:465px;top:79px;">- </div><div id="a8197" style="position:absolute;font-family:'Arial';font-size:13.28px;left:550px;top:79px;display:flex;">(505)</div><div id="a8200" style="position:absolute;font-family:'Arial';font-size:13.28px;left:658px;top:79px;display:flex;">(505)</div><div id="a8203" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:97px;">Balance, June 30, 2026 </div><div id="a8205" style="position:absolute;font-family:'Arial';font-size:13.28px;left:367px;top:97px;">$ </div><div id="a8207" style="position:absolute;font-family:'Arial';font-size:13.28px;left:428px;top:97px;">38,153</div><div id="a8209" style="position:absolute;font-family:'Arial';font-size:13.28px;left:475px;top:97px;">$ </div><div id="a8211" style="position:absolute;font-family:'Arial';font-size:13.28px;left:539px;top:97px;display:flex;">(8,988)</div><div id="a8213" style="position:absolute;font-family:'Arial';font-size:13.28px;left:583px;top:97px;">$ </div><div id="a8215" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:97px;">29,165</div></div></div> 36331000 8483000 27848000 1822000 1822000 505000 505000 38153000 8988000 29165000 <div id="TextBlockContainer70" style="position:relative;line-height:normal;width:706px;height:71px;"><div id="TextContainer70" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a8218" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">7.<div style="display:inline-block;width:35px;white-space:pre"> </div>Long-term debt </div><div id="a8225" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:35px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>amount of<div style="display:inline-block;width:7px;white-space:pre"> </div>long-term debt<div style="display:inline-block;width:7px;white-space:pre"> </div>shown in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>accompanying consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>balance sheets<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>analyzed as </div><div id="a8228" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">follows:</div></div></div><div id="TextBlockContainer74" style="position:relative;line-height:normal;width:697px;height:183px;"><div style="position:absolute; width:395px; height:16.5px; left:4.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:389.9px; height:15.4px; left:7.4px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:399.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:399.8px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:411.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:542.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:542.8px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:554.9px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:21.3px; left:4.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:21.3px; left:23.7px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:399.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:411.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:542.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:554.9px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:49.2px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:49.2px; background-color:#000000; "> </div> <div style="position:absolute; width:131px; height:1.9px; left:411.9px; top:71.1px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1.9px; left:555px; top:71.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:21.3px; left:4.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:21.3px; left:23.7px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:399.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:411.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:542.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:554.9px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:88.2px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:88.2px; background-color:#000000; "> </div> <div style="position:absolute; width:131px; height:1.9px; left:411.9px; top:110.1px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1.9px; left:555px; top:110.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:33.4px; left:4.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:17px; left:4.8px; top:164.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:33.4px; left:23.7px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:163.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:33.4px; left:399.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:33.4px; left:411.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:33.4px; left:542.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:33.4px; left:554.9px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:147.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:147.1px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:411px; top:181.3px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:554.1px; top:181.3px; background-color:#000000; "> </div> <div id="TextContainer74" style="position:relative;width:697px;z-index:1;font-size:10.72px;"><div id="a8250" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:434px;top:0px;">June 30, 2026 </div><div id="a8253" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:0px;">December 31, 2025 </div><div id="a8255" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:17px;">Senior unsecured bond </div><div id="a8258" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:17px;">175,000</div><div id="a8261" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:17px;">175,000</div><div id="a8263" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:34px;">Secured long-term debt </div><div id="a8268" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:34px;">328,116</div><div id="a8271" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:34px;">354,189</div><div id="a8274" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:56px;">Total long-term<div style="display:inline-block;width:5px;white-space:pre"> </div>debt </div><div id="a8278" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:56px;">$ </div><div id="a8280" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:56px;">503,116</div><div id="a8282" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:56px;">$ </div><div id="a8284" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:56px;">529,189</div><div id="a8286" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:73px;">Less: Deferred financing costs<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a8289" style="position:absolute;font-family:'Arial';font-size:13.28px;left:498px;top:73px;display:flex;">(5,434)</div><div id="a8292" style="position:absolute;font-family:'Arial';font-size:13.28px;left:641px;top:73px;display:flex;">(6,380)</div><div id="a8295" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:95px;">Long-term debt, net of deferred financing costs </div><div id="a8299" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:95px;">$ </div><div id="a8301" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:95px;">497,682</div><div id="a8303" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:95px;">$ </div><div id="a8305" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:95px;">522,809</div><div id="a8307" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:117px;">Less: Current long-term debt, net of deferred financing<div style="display:inline-block;width:5px;white-space:pre"> </div>costs, </div><div id="a8310" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:132px;">current </div><div id="a8313" style="position:absolute;font-family:'Arial';font-size:13.28px;left:491px;top:132px;display:flex;">(88,670)</div><div id="a8316" style="position:absolute;font-family:'Arial';font-size:13.28px;left:634px;top:132px;display:flex;">(50,281)</div><div id="a8319" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:148px;">Long-term debt, excluding current portion and deferred </div><div id="a8322" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:163px;">financing costs </div><div id="a8324" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:166px;">$ </div><div id="a8326" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:166px;">409,012</div><div id="a8328" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:166px;">$ </div><div id="a8330" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:166px;">472,528</div></div></div><div id="TextBlockContainer79" style="position:relative;line-height:normal;width:704px;height:643px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:653px; background-color:#000000; "> </div> <div id="TextContainer79" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a8333" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">8.75% Senior Unsecured Bond</div><div id="a8335" style="position:absolute;font-family:'Arial';font-size:14.72px;left:218px;top:0px;">:<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a8338" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">In 2024,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>issued a<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8338_31_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:226px;top:34px;">175,000</div><div id="a8338_38_61" style="position:absolute;font-family:'Arial';font-size:14.72px;left:279px;top:34px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>senior unsecured<div style="display:inline-block;width:5px;white-space:pre"> </div>bond maturing in<div style="display:inline-block;width:6px;white-space:pre"> </div>July 2029<div style="display:inline-block;width:6px;white-space:pre"> </div>bearing a<div style="display:inline-block;width:5px;white-space:pre"> </div>fixed-</div><div id="a8353" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">rate coupon of </div><div id="a8353_15_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:105px;top:51px;">8.75</div><div id="a8353_19_83" style="position:absolute;font-family:'Arial';font-size:14.72px;left:134px;top:51px;">% payable semi-annually in<div style="display:inline-block;width:6px;white-space:pre"> </div>arrears in January and<div style="display:inline-block;width:6px;white-space:pre"> </div>July of each<div style="display:inline-block;width:6px;white-space:pre"> </div>year. Proceeds<div style="display:inline-block;width:6px;white-space:pre"> </div>from </div><div id="a8364" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">the bond<div style="display:inline-block;width:6px;white-space:pre"> </div>were used<div style="display:inline-block;width:6px;white-space:pre"> </div>to prepay<div style="display:inline-block;width:6px;white-space:pre"> </div>the balance<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>then outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>bond and<div style="display:inline-block;width:6px;white-space:pre"> </div>for general<div style="display:inline-block;width:6px;white-space:pre"> </div>working capital </div><div id="a8368" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">purposes.<div style="display:inline-block;width:5px;white-space:pre"> </div>The bond<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>callable in<div style="display:inline-block;width:7px;white-space:pre"> </div>whole or<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>part in<div style="display:inline-block;width:7px;white-space:pre"> </div>July 2027<div style="display:inline-block;width:7px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>a price<div style="display:inline-block;width:7px;white-space:pre"> </div>equal to </div><div id="a8368_84_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:557px;top:84px;">103.50</div><div id="a8368_90_13" style="position:absolute;font-family:'Arial';font-size:14.72px;left:602px;top:84px;">%<div style="display:inline-block;width:6px;white-space:pre"> </div>of nominal </div><div id="a8379" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">value;<div style="display:inline-block;width:6px;white-space:pre"> </div>in January<div style="display:inline-block;width:6px;white-space:pre"> </div>2028 at<div style="display:inline-block;width:7px;white-space:pre"> </div>a price<div style="display:inline-block;width:7px;white-space:pre"> </div>equal to </div><div id="a8379_43_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:290px;top:101px;">102.625</div><div id="a8379_50_53" style="position:absolute;font-family:'Arial';font-size:14.72px;left:343px;top:101px;">%<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>nominal value;<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>July 2028<div style="display:inline-block;width:7px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>a price<div style="display:inline-block;width:7px;white-space:pre"> </div>equal to </div><div id="a8383" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">101.75</div><div id="a8383_6_45" style="position:absolute;font-family:'Arial';font-size:14.72px;left:50px;top:118px;">% and after January 2029 at<div style="display:inline-block;width:5px;white-space:pre"> </div>a price equal to </div><div id="a8383_51_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:347px;top:118px;">100.00</div><div id="a8383_57_44" style="position:absolute;font-family:'Arial';font-size:14.72px;left:392px;top:118px;">% of nominal value. The bond<div style="display:inline-block;width:5px;white-space:pre"> </div>ranks ahead of </div><div id="a8386" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">subordinated<div style="display:inline-block;width:6px;white-space:pre"> </div>capital<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>ranks<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>same<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:6px;white-space:pre"> </div>all<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:7px;white-space:pre"> </div>senior<div style="display:inline-block;width:6px;white-space:pre"> </div>unsecured<div style="display:inline-block;width:6px;white-space:pre"> </div>obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company </div><div id="a8387" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">other<div style="display:inline-block;width:7px;white-space:pre"> </div>than<div style="display:inline-block;width:7px;white-space:pre"> </div>obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>mandatorily<div style="display:inline-block;width:6px;white-space:pre"> </div>preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>law.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>bond<div style="display:inline-block;width:6px;white-space:pre"> </div>includes<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>other </div><div id="a8389" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">covenants and is trading on the Oslo Stock Exchange under the ticker symbol<div style="display:inline-block;width:2px;white-space:pre"> </div>“DIASH03”. </div><div id="a8409" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:202px;">Secured Term Loans: </div><div id="a8412" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">Under<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>secured term<div style="display:inline-block;width:7px;white-space:pre"> </div>loans<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding as<div style="display:inline-block;width:7px;white-space:pre"> </div>of June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, </div><div id="a8412_62_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:436px;top:236px;">31</div><div id="a8412_64_36" style="position:absolute;font-family:'Arial';font-size:14.72px;left:452px;top:236px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>vessels of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>fleet<div style="display:inline-block;width:5px;white-space:pre"> </div>are </div><div id="a8413" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:253px;">mortgaged<div style="display:inline-block;width:9px;white-space:pre"> </div>with<div style="display:inline-block;width:9px;white-space:pre"> </div>first<div style="display:inline-block;width:9px;white-space:pre"> </div>preferred<div style="display:inline-block;width:9px;white-space:pre"> </div>or<div style="display:inline-block;width:9px;white-space:pre"> </div>priority<div style="display:inline-block;width:9px;white-space:pre"> </div>ship<div style="display:inline-block;width:9px;white-space:pre"> </div>mortgages,<div style="display:inline-block;width:9px;white-space:pre"> </div>having<div style="display:inline-block;width:9px;white-space:pre"> </div>an<div style="display:inline-block;width:9px;white-space:pre"> </div>aggregate<div style="display:inline-block;width:9px;white-space:pre"> </div>carrying<div style="display:inline-block;width:9px;white-space:pre"> </div>value<div style="display:inline-block;width:9px;white-space:pre"> </div>of </div><div id="a8414" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">$</div><div id="a8414_1_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:270px;">606,341</div><div id="a8414_8_97" style="position:absolute;font-family:'Arial';font-size:14.72px;left:67px;top:270px;">.<div style="display:inline-block;width:7px;white-space:pre"> </div>Additional<div style="display:inline-block;width:6px;white-space:pre"> </div>securities<div style="display:inline-block;width:6px;white-space:pre"> </div>required<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>banks<div style="display:inline-block;width:7px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>first<div style="display:inline-block;width:7px;white-space:pre"> </div>priority<div style="display:inline-block;width:7px;white-space:pre"> </div>assignment<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>earnings, </div><div id="a8416" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">insurances,<div style="display:inline-block;width:7px;white-space:pre"> </div>first<div style="display:inline-block;width:7px;white-space:pre"> </div>assignment<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>time<div style="display:inline-block;width:7px;white-space:pre"> </div>charter<div style="display:inline-block;width:7px;white-space:pre"> </div>contracts<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>exceed<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>certain<div style="display:inline-block;width:7px;white-space:pre"> </div>period,<div style="display:inline-block;width:7px;white-space:pre"> </div>pledge<div style="display:inline-block;width:7px;white-space:pre"> </div>over<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a8417" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">shares<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>borrowers,<div style="display:inline-block;width:6px;white-space:pre"> </div>manager’s<div style="display:inline-block;width:6px;white-space:pre"> </div>undertaking<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>subordination<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>requisition<div style="display:inline-block;width:7px;white-space:pre"> </div>compensation<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a8418" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">either<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>corporate<div style="display:inline-block;width:6px;white-space:pre"> </div>guarantee<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>DSI<div style="display:inline-block;width:6px;white-space:pre"> </div>(the<div style="display:inline-block;width:6px;white-space:pre"> </div>“Guarantor”)<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>guarantee<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>ship<div style="display:inline-block;width:6px;white-space:pre"> </div>owning<div style="display:inline-block;width:6px;white-space:pre"> </div>companies </div><div id="a8420" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">(where applicable), financial covenants, as well as operating account assignments. The lenders may also </div><div id="a8421" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">require<div style="display:inline-block;width:6px;white-space:pre"> </div>additional<div style="display:inline-block;width:6px;white-space:pre"> </div>security<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>future<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>event<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>borrowers<div style="display:inline-block;width:6px;white-space:pre"> </div>breach<div style="display:inline-block;width:6px;white-space:pre"> </div>certain<div style="display:inline-block;width:6px;white-space:pre"> </div>covenants<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a8422" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">loan<div style="display:inline-block;width:6px;white-space:pre"> </div>agreements.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>secured<div style="display:inline-block;width:6px;white-space:pre"> </div>term<div style="display:inline-block;width:6px;white-space:pre"> </div>loans<div style="display:inline-block;width:6px;white-space:pre"> </div>generally<div style="display:inline-block;width:6px;white-space:pre"> </div>include<div style="display:inline-block;width:6px;white-space:pre"> </div>restrictions<div style="display:inline-block;width:5px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>changes<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>management </div><div id="a8423" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">and ownership<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels, additional<div style="display:inline-block;width:6px;white-space:pre"> </div>indebtedness, as<div style="display:inline-block;width:6px;white-space:pre"> </div>well as<div style="display:inline-block;width:6px;white-space:pre"> </div>minimum requirements<div style="display:inline-block;width:6px;white-space:pre"> </div>regarding hull </div><div id="a8424" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">cover ratio and minimum liquidity per vessel owned by the borrowers, or the Guarantor,<div style="display:inline-block;width:6px;white-space:pre"> </div>maintained in the </div><div id="a8426" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">bank accounts of the borrowers, or the Guarantor.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a8429" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:12px;white-space:pre"> </div>December 31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025 minimum<div style="display:inline-block;width:7px;white-space:pre"> </div>cash deposits<div style="display:inline-block;width:6px;white-space:pre"> </div>required to<div style="display:inline-block;width:7px;white-space:pre"> </div>be maintained<div style="display:inline-block;width:7px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>all </div><div id="a8432" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:472px;">times<div style="display:inline-block;width:8px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:7px;white-space:pre"> </div>loan<div style="display:inline-block;width:7px;white-space:pre"> </div>facilities,<div style="display:inline-block;width:8px;white-space:pre"> </div>amounted<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a8432_56_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:402px;top:472px;">18,000</div><div id="a8432_62_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:447px;top:472px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a8432_68_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:494px;top:472px;">18,000</div><div id="a8432_74_23" style="position:absolute;font-family:'Arial';font-size:14.72px;left:539px;top:472px;">,<div style="display:inline-block;width:8px;white-space:pre"> </div>respectively<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>are </div><div id="a8435" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">included in<div style="display:inline-block;width:6px;white-space:pre"> </div>restricted cash,<div style="display:inline-block;width:6px;white-space:pre"> </div>non-current in<div style="display:inline-block;width:6px;white-space:pre"> </div>the accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>consolidated balance<div style="display:inline-block;width:6px;white-space:pre"> </div>sheets. Furthermore, </div><div id="a8445" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">the secured term loans<div style="display:inline-block;width:6px;white-space:pre"> </div>contain cross default provisions and<div style="display:inline-block;width:6px;white-space:pre"> </div>additionally the Company is<div style="display:inline-block;width:6px;white-space:pre"> </div>not permitted to </div><div id="a8448" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:523px;">pay<div style="display:inline-block;width:6px;white-space:pre"> </div>any<div style="display:inline-block;width:6px;white-space:pre"> </div>dividends<div style="display:inline-block;width:6px;white-space:pre"> </div>following<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>occurrence<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>event<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>default.<div style="display:inline-block;width:6px;white-space:pre"> </div>All<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>secured<div style="display:inline-block;width:6px;white-space:pre"> </div>term </div><div id="a8452" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:540px;">loans bear interest at SOFR plus a margin. </div><div id="a8455" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:574px;">As of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30, 2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company had<div style="display:inline-block;width:6px;white-space:pre"> </div>the following agreements<div style="display:inline-block;width:6px;white-space:pre"> </div>with banks, either<div style="display:inline-block;width:6px;white-space:pre"> </div>as a<div style="display:inline-block;width:5px;white-space:pre"> </div>borrower or as </div><div id="a8459" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:590px;">guarantor, to guarantee the loans of its subsidiaries: </div><div id="a8465" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:624px;">Nordea Bank AB, London Branch (“Nordea”):</div><div id="a8466" style="position:absolute;font-family:'Arial';font-size:14.72px;left:323px;top:624px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>On July 25, 2024, the Company<div style="display:inline-block;width:5px;white-space:pre"> </div>drew down a $</div><div id="a8466_44_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:636px;top:624px;">167,263</div></div></div><div id="TextBlockContainer82" style="position:relative;line-height:normal;width:704px;height:845px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:856.9px; background-color:#000000; "> </div> <div id="TextContainer82" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a8502" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">loan agreement,<div style="display:inline-block;width:6px;white-space:pre"> </div>to refinance<div style="display:inline-block;width:6px;white-space:pre"> </div>the balance<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>then<div style="display:inline-block;width:5px;white-space:pre"> </div>outstanding loans.<div style="display:inline-block;width:6px;white-space:pre"> </div>The loan<div style="display:inline-block;width:7px;white-space:pre"> </div>is repayable<div style="display:inline-block;width:6px;white-space:pre"> </div>in equal </div><div id="a8509" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">quarterly instalments of $</div><div id="a8509_26_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:169px;top:17px;">4,454</div><div id="a8509_31_30" style="position:absolute;font-family:'Arial';font-size:14.72px;left:206px;top:17px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and a balloon instalment of $</div><div id="a8509_61_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:398px;top:17px;">64,827</div><div id="a8509_67_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:443px;top:17px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>payable on </div><div id="a8509_79_13" style="position:absolute;font-family:'Arial';font-size:14.72px;left:523px;top:17px;">July 25, 2030</div><div id="a8509_92_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:610px;top:17px;">.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a8520" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:51px;">Export-Import Bank of China:</div><div id="a8523" style="position:absolute;font-family:'Arial';font-size:14.72px;left:212px;top:51px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>On January 4,<div style="display:inline-block;width:5px;white-space:pre"> </div>2017, the Company drew<div style="display:inline-block;width:6px;white-space:pre"> </div>down $</div><div id="a8523_44_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:533px;top:51px;">57,240</div><div id="a8523_50_17" style="position:absolute;font-family:'Arial';font-size:14.72px;left:577px;top:51px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>under a secured </div><div id="a8525" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">loan<div style="display:inline-block;width:6px;white-space:pre"> </div>agreement,<div style="display:inline-block;width:6px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>repayable<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>equal<div style="display:inline-block;width:6px;white-space:pre"> </div>quarterly<div style="display:inline-block;width:6px;white-space:pre"> </div>instalments<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8525_70_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:483px;top:68px;">954</div><div id="a8525_73_30" style="position:absolute;font-family:'Arial';font-size:14.72px;left:507px;top:68px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>each,<div style="display:inline-block;width:6px;white-space:pre"> </div>until<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>maturity<div style="display:inline-block;width:6px;white-space:pre"> </div>on </div><div id="a8528" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">January 4, 2032</div><div id="a8528_15_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:111px;top:84px;">. </div><div id="a8532" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:118px;">DNB Bank<div style="display:inline-block;width:5px;white-space:pre"> </div>ASA or<div style="display:inline-block;width:5px;white-space:pre"> </div>DNB:</div><div id="a8542" style="position:absolute;font-family:'Arial';font-size:14.72px;left:175px;top:118px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>On June<div style="display:inline-block;width:5px;white-space:pre"> </div>26, 2023, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company entered into<div style="display:inline-block;width:6px;white-space:pre"> </div>a $</div><div id="a8542_47_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:505px;top:118px;">100,000</div><div id="a8542_54_23" style="position:absolute;font-family:'Arial';font-size:14.72px;left:557px;top:118px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>sustainability linked </div><div id="a8544" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">loan agreement which was drawn on June 27, 2023, to refinance the outstanding balance of another loan </div><div id="a8550" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">and<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>working<div style="display:inline-block;width:6px;white-space:pre"> </div>capital<div style="display:inline-block;width:6px;white-space:pre"> </div>purposes.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>loan<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>repayable<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>equal<div style="display:inline-block;width:6px;white-space:pre"> </div>quarterly<div style="display:inline-block;width:6px;white-space:pre"> </div>instalments<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8550_91_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:620px;top:152px;">3,846</div><div id="a8550_96_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:656px;top:152px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>until </div><div id="a8551" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">December 27, 2029</div><div id="a8551_17_86" style="position:absolute;font-family:'Arial';font-size:14.72px;left:135px;top:169px;">. The loan is subject to a margin reset<div style="display:inline-block;width:5px;white-space:pre"> </div>and unless the parties agree on a new margin, </div><div id="a8558" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">the loan will<div style="display:inline-block;width:6px;white-space:pre"> </div>be mandatorily repayable<div style="display:inline-block;width:6px;white-space:pre"> </div>on June 27,<div style="display:inline-block;width:6px;white-space:pre"> </div>2027. On<div style="display:inline-block;width:5px;white-space:pre"> </div>July 6, 2023,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into an </div><div id="a8570" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">interest rate swap with DNB for a notional amount for the </div><div id="a8570_58_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:379px;top:202px;">30</div><div id="a8570_60_45" style="position:absolute;font-family:'Arial';font-size:14.72px;left:396px;top:202px;">% of the loan amount. Under the terms of the </div><div id="a8578" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">loan agreement,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>and the<div style="display:inline-block;width:6px;white-space:pre"> </div>lender are<div style="display:inline-block;width:6px;white-space:pre"> </div>required to<div style="display:inline-block;width:6px;white-space:pre"> </div>agree on<div style="display:inline-block;width:6px;white-space:pre"> </div>a new<div style="display:inline-block;width:6px;white-space:pre"> </div>margin not<div style="display:inline-block;width:6px;white-space:pre"> </div>later than<div style="display:inline-block;width:6px;white-space:pre"> </div>120 </div><div id="a8579" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">days<div style="display:inline-block;width:7px;white-space:pre"> </div>prior<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Margin<div style="display:inline-block;width:7px;white-space:pre"> </div>Reset<div style="display:inline-block;width:7px;white-space:pre"> </div>Date.<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026,<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>new<div style="display:inline-block;width:6px;white-space:pre"> </div>margin<div style="display:inline-block;width:7px;white-space:pre"> </div>had<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>yet<div style="display:inline-block;width:7px;white-space:pre"> </div>been<div style="display:inline-block;width:7px;white-space:pre"> </div>agreed. </div><div id="a8580" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:253px;">Accordingly,<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:8px;white-space:pre"> </div>balance<div style="display:inline-block;width:9px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>loan<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>related<div style="display:inline-block;width:9px;white-space:pre"> </div>interest<div style="display:inline-block;width:9px;white-space:pre"> </div>rate<div style="display:inline-block;width:9px;white-space:pre"> </div>swap<div style="display:inline-block;width:9px;white-space:pre"> </div>liability<div style="display:inline-block;width:8px;white-space:pre"> </div>were </div><div id="a8581" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">reclassified<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>non-current<div style="display:inline-block;width:6px;white-space:pre"> </div>liabilities<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>current<div style="display:inline-block;width:6px;white-space:pre"> </div>liabilities.<div style="display:inline-block;width:6px;white-space:pre"> </div>Under<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>interest<div style="display:inline-block;width:6px;white-space:pre"> </div>rate<div style="display:inline-block;width:6px;white-space:pre"> </div>swap,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company </div><div id="a8589" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">pays a fixed rate and receives floating under term<div style="display:inline-block;width:6px;white-space:pre"> </div>SOFR. The swap has a termination date on December </div><div id="a8594" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">27, 2029, and a mandatory break on June 27, 2027, according to which the swap will be terminated if<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a8599" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">loan is prepaid. As of June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and December 31, 2025, the fair value of the<div style="display:inline-block;width:6px;white-space:pre"> </div>interest rate swap was </div><div id="a8606" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">$</div><div id="a8606_1_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:337px;">109</div><div id="a8606_4_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:38px;top:337px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a8606_10_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:79px;top:337px;">361</div><div id="a8606_13_96" style="position:absolute;font-family:'Arial';font-size:14.72px;left:104px;top:337px;">, respectively, and is<div style="display:inline-block;width:6px;white-space:pre"> </div>separately presented in current and non-current liabilities. For the six </div><div id="a8616" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>recognized<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>gain<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8616_71_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:528px;top:354px;">252</div><div id="a8616_74_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:552px;top:354px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>loss<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8616_90_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:661px;top:354px;">227</div><div id="a8616_93_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:685px;top:354px;">, </div><div id="a8628" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">respectively, from<div style="display:inline-block;width:5px;white-space:pre"> </div>the swap valuation separately presented as gain/(loss) on derivative instruments in the </div><div id="a8638" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">accompanying unaudited interim consolidated<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:4px;white-space:pre"> </div>of income.<div style="display:inline-block;width:5px;white-space:pre"> </div>For the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, </div><div id="a8649" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">2026<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:8px;white-space:pre"> </div>swap<div style="display:inline-block;width:8px;white-space:pre"> </div>interest<div style="display:inline-block;width:8px;white-space:pre"> </div>expense,<div style="display:inline-block;width:8px;white-space:pre"> </div>amounting<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a8649_52_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:395px;top:405px;">51</div><div id="a8649_54_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:411px;top:405px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and </div><div id="a8649_59_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:452px;top:405px;-sec-ix-hidden:ID_679;">nil</div><div id="a8649_62_34" style="position:absolute;font-family:'Arial';font-size:14.72px;left:466px;top:405px;">,<div style="display:inline-block;width:8px;white-space:pre"> </div>respectively<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>is<div style="display:inline-block;width:8px;white-space:pre"> </div>included<div style="display:inline-block;width:8px;white-space:pre"> </div>in </div><div id="a8672" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">gain/(loss) on<div style="display:inline-block;width:6px;white-space:pre"> </div>derivative instruments,<div style="display:inline-block;width:6px;white-space:pre"> </div>net in<div style="display:inline-block;width:6px;white-space:pre"> </div>the accompanying<div style="display:inline-block;width:6px;white-space:pre"> </div>unaudited interim<div style="display:inline-block;width:5px;white-space:pre"> </div>consolidated statement </div><div id="a8681" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">of income. </div><div id="a8685" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:472px;">Danish Ship<div style="display:inline-block;width:6px;white-space:pre"> </div>Finance A/S<div style="display:inline-block;width:6px;white-space:pre"> </div>or Danish:</div><div id="a8690" style="position:absolute;font-family:'Arial';font-size:14.72px;left:261px;top:472px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>On April<div style="display:inline-block;width:6px;white-space:pre"> </div>12,<div style="display:inline-block;width:5px;white-space:pre"> </div>2023, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company signed<div style="display:inline-block;width:6px;white-space:pre"> </div>a term<div style="display:inline-block;width:6px;white-space:pre"> </div>loan facility<div style="display:inline-block;width:6px;white-space:pre"> </div>with </div><div id="a8698" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">Danish,<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8698_13_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:94px;top:489px;">100,000</div><div id="a8698_20_80" style="position:absolute;font-family:'Arial';font-size:14.72px;left:147px;top:489px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>refinance<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>balance<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>loans<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:6px;white-space:pre"> </div>other<div style="display:inline-block;width:6px;white-space:pre"> </div>banks<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>working </div><div id="a8731" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">capital purposes.<div style="display:inline-block;width:6px;white-space:pre"> </div>On April<div style="display:inline-block;width:6px;white-space:pre"> </div>18 and<div style="display:inline-block;width:6px;white-space:pre"> </div>19, 2023,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>drew down<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8731_67_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:477px;top:506px;">100,000</div><div id="a8731_74_24" style="position:absolute;font-family:'Arial';font-size:14.72px;left:530px;top:506px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>which was<div style="display:inline-block;width:6px;white-space:pre"> </div>repayable in </div><div id="a8763" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:523px;">equal<div style="display:inline-block;width:7px;white-space:pre"> </div>quarterly<div style="display:inline-block;width:7px;white-space:pre"> </div>instalments<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a8763_32_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:222px;top:523px;">3,301</div><div id="a8763_37_24" style="position:absolute;font-family:'Arial';font-size:14.72px;left:258px;top:523px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>each<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>balloon<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a8763_61_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:434px;top:523px;">33,972</div><div id="a8763_67_32" style="position:absolute;font-family:'Arial';font-size:14.72px;left:479px;top:523px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>payable<div style="display:inline-block;width:7px;white-space:pre"> </div>together<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>last </div><div id="a8770" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:540px;">instalment on<div style="display:inline-block;width:6px;white-space:pre"> </div>April 19,<div style="display:inline-block;width:6px;white-space:pre"> </div>2028. On October<div style="display:inline-block;width:6px;white-space:pre"> </div>18, 2024,<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company refinanced<div style="display:inline-block;width:6px;white-space:pre"> </div>the outstanding balance<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a8778" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">this<div style="display:inline-block;width:6px;white-space:pre"> </div>loan<div style="display:inline-block;width:5px;white-space:pre"> </div>with a<div style="display:inline-block;width:7px;white-space:pre"> </div>loan which<div style="display:inline-block;width:7px;white-space:pre"> </div>is repayable<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>equal quarterly<div style="display:inline-block;width:6px;white-space:pre"> </div>instalments of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a8778_76_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:501px;top:557px;">2,533</div><div id="a8778_81_23" style="position:absolute;font-family:'Arial';font-size:14.72px;left:538px;top:557px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>each<div style="display:inline-block;width:5px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>a balloon<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a8780" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:574px;">$</div><div id="a8780_1_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:574px;">14,323</div><div id="a8780_7_46" style="position:absolute;font-family:'Arial';font-size:14.72px;left:59px;top:574px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>payable together with the last instalment on </div><div id="a8780_53_14" style="position:absolute;font-family:'Arial';font-size:14.72px;left:349px;top:574px;">April 18, 2031</div><div id="a8780_67_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:439px;top:574px;">. </div><div id="a8791" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:607px;">National Bank of<div style="display:inline-block;width:5px;white-space:pre"> </div>Greece S.A. (“NBG”):</div><div id="a8794" style="position:absolute;font-family:'Arial';font-size:14.72px;left:277px;top:607px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>On September 29,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, the Company entered<div style="display:inline-block;width:6px;white-space:pre"> </div>into a $</div><div id="a8794_52_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:645px;top:607px;">55,000</div><div id="a8807" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:624px;">loan agreement.<div style="display:inline-block;width:6px;white-space:pre"> </div>The loan<div style="display:inline-block;width:6px;white-space:pre"> </div>proceeds were<div style="display:inline-block;width:6px;white-space:pre"> </div>drawn on<div style="display:inline-block;width:6px;white-space:pre"> </div>the same<div style="display:inline-block;width:6px;white-space:pre"> </div>date and<div style="display:inline-block;width:6px;white-space:pre"> </div>deposited in<div style="display:inline-block;width:6px;white-space:pre"> </div>a pledged<div style="display:inline-block;width:6px;white-space:pre"> </div>account </div><div id="a8810" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:641px;">with the bank to reduce the margin. As of June 30, 2026 and December 31,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, the amount of $</div><div id="a8810_94_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:644px;top:641px;">51,250</div><div id="a8823" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:658px;">and<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a8823_5_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:46px;top:658px;">53,750</div><div id="a8823_11_88" style="position:absolute;font-family:'Arial';font-size:14.72px;left:91px;top:658px;">,<div style="display:inline-block;width:8px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:9px;white-space:pre"> </div>is<div style="display:inline-block;width:8px;white-space:pre"> </div>presented<div style="display:inline-block;width:8px;white-space:pre"> </div>separately<div style="display:inline-block;width:8px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>restricted<div style="display:inline-block;width:8px;white-space:pre"> </div>cash,<div style="display:inline-block;width:8px;white-space:pre"> </div>current<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>accompanying </div><div id="a8829" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:675px;">consolidated balance<div style="display:inline-block;width:6px;white-space:pre"> </div>sheets. The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company may<div style="display:inline-block;width:6px;white-space:pre"> </div>withdraw any<div style="display:inline-block;width:6px;white-space:pre"> </div>part or<div style="display:inline-block;width:6px;white-space:pre"> </div>all of<div style="display:inline-block;width:6px;white-space:pre"> </div>the funds<div style="display:inline-block;width:6px;white-space:pre"> </div>from the<div style="display:inline-block;width:6px;white-space:pre"> </div>pledged </div><div id="a8832" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:692px;">account at the end of the loan’s<div style="display:inline-block;width:6px;white-space:pre"> </div>fixed interest period, provided no event of default has occurred. The loan </div><div id="a8837" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:708px;">is<div style="display:inline-block;width:6px;white-space:pre"> </div>repayable<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>equal<div style="display:inline-block;width:6px;white-space:pre"> </div>quarterly<div style="display:inline-block;width:6px;white-space:pre"> </div>instalments<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8837_48_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:323px;top:708px;">1,250</div><div id="a8837_53_30" style="position:absolute;font-family:'Arial';font-size:14.72px;left:360px;top:708px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>balloon<div style="display:inline-block;width:6px;white-space:pre"> </div>instalment<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a8837_83_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:564px;top:708px;">25,000</div><div id="a8837_89_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:609px;top:708px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>payable<div style="display:inline-block;width:6px;white-space:pre"> </div>on </div><div id="a8841" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:725px;">September 29, 2031</div><div id="a8841_18_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:138px;top:725px;">.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a8848" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:759px;">As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:7px;white-space:pre"> </div>31,<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>was<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>compliance<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>all<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>its<div style="display:inline-block;width:7px;white-space:pre"> </div>loan </div><div id="a8852" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:776px;">covenants. </div><div id="a8855" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:810px;">As of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>maturities of<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>bond and<div style="display:inline-block;width:6px;white-space:pre"> </div>debt facilities<div style="display:inline-block;width:5px;white-space:pre"> </div>throughout their<div style="display:inline-block;width:6px;white-space:pre"> </div>term, are </div><div id="a8859" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:827px;">shown<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>table<div style="display:inline-block;width:7px;white-space:pre"> </div>below.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>amounts<div style="display:inline-block;width:7px;white-space:pre"> </div>do<div style="display:inline-block;width:7px;white-space:pre"> </div>not<div style="display:inline-block;width:7px;white-space:pre"> </div>include<div style="display:inline-block;width:7px;white-space:pre"> </div>related<div style="display:inline-block;width:7px;white-space:pre"> </div>debt<div style="display:inline-block;width:7px;white-space:pre"> </div>issuance<div style="display:inline-block;width:7px;white-space:pre"> </div>costs<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>have<div style="display:inline-block;width:7px;white-space:pre"> </div>been </div></div></div><div id="TextBlockContainer85" style="position:relative;line-height:normal;width:704px;height:35px;"><div id="TextContainer85" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a8878" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">adjusted to<div style="display:inline-block;width:6px;white-space:pre"> </div>reflect the<div style="display:inline-block;width:6px;white-space:pre"> </div>reclassification within<div style="display:inline-block;width:6px;white-space:pre"> </div>current liabilities<div style="display:inline-block;width:6px;white-space:pre"> </div>of $</div><div id="a8878_72_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:436px;top:0px;">38,462</div><div id="a8878_78_33" style="position:absolute;font-family:'Arial';font-size:14.72px;left:481px;top:0px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>resulting from<div style="display:inline-block;width:6px;white-space:pre"> </div>the margin<div style="display:inline-block;width:6px;white-space:pre"> </div>reset </div><div id="a8891" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">of the loan agreement with DNB discussed above.</div></div></div><div id="TextBlockContainer91" style="position:relative;line-height:normal;width:699px;height:146px;"><div id="div_88_XBRL_TS_3bde5038ce9146259815eed97ec4dbf6" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer89" style="position:relative;line-height:normal;width:699px;height:146px;"><div style="position:absolute; width:109px; height:17.8px; left:4.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:17.8px; left:113.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:17.8px; left:143.7px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.8px; left:521.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:17.8px; left:533.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:1px; left:4.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:113.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.4px; height:1px; left:114.4px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:143.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:377.3px; height:1px; left:144.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:521.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:533.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:4.8px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.4px; left:113.8px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.4px; left:143.7px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:521.9px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:533.9px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:4.8px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.4px; left:113.8px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.4px; left:143.7px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:521.9px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:533.9px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.6px; left:4.8px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.6px; left:113.8px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.6px; left:143.7px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.6px; left:521.9px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.6px; left:533.9px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:1px; left:4.8px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:1px; left:113.8px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378px; height:1px; left:143.9px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:521.9px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:533.9px; top:125.6px; background-color:#000000; "> </div> <div style="position:absolute; width:156px; height:1.9px; left:532.9px; top:144.8px; background-color:#000000; "> </div> <div id="TextContainer89" style="position:relative;width:699px;z-index:1;font-size:10.72px;"><div id="a8895" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a8898" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:545px;top:0px;">Principal Repayment </div><div id="a8900" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:18px;">Year 1 </div><div id="a8904" style="position:absolute;font-family:'Arial';font-size:13.28px;left:522px;top:18px;">$ </div><div id="a8906" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:18px;">90,611</div><div id="a8908" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:37px;">Year 2 </div><div id="a8913" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:37px;">36,764</div><div id="a8915" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:55px;">Year 3 </div><div id="a8920" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:55px;">36,764</div><div id="a8922" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:74px;">Year 4 </div><div id="a8927" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:74px;">211,765</div><div id="a8929" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:92px;">Year 5 </div><div id="a8934" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:92px;">98,099</div><div id="a8936" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:110px;">Year 6 and<div style="display:inline-block;width:5px;white-space:pre"> </div>thereafter </div><div id="a8939" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:110px;">29,113</div><div id="a8941" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:130px;">Total </div><div id="a8945" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:522px;top:130px;">$ </div><div id="a8947" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:130px;">503,116</div></div></div></div></div> <div id="TextBlockContainer76" style="position:relative;line-height:normal;width:697px;height:183px;"><div id="div_73_XBRL_TS_436c063b34704d9b9141bc98bf7af9db" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer74" style="position:relative;line-height:normal;width:697px;height:183px;"><div style="position:absolute; width:395px; height:16.5px; left:4.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:389.9px; height:15.4px; left:7.4px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:399.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:399.8px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:411.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:542.8px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:542.8px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:554.9px; top:15.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:16.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:21.3px; left:4.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:21.3px; left:23.7px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:399.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:411.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:542.8px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:554.9px; top:49.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:55.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:49.2px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:49.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:49.2px; background-color:#000000; "> </div> <div style="position:absolute; width:131px; height:1.9px; left:411.9px; top:71.1px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1.9px; left:555px; top:71.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:21.3px; left:4.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:15.4px; left:4.8px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:21.3px; left:23.7px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:399.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:411.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:21.3px; left:542.8px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:21.3px; left:554.9px; top:88.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:94.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:88.2px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:88.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:88.2px; background-color:#000000; "> </div> <div style="position:absolute; width:131px; height:1.9px; left:411.9px; top:110.1px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1.9px; left:555px; top:110.1px; background-color:#000000; "> </div> <div style="position:absolute; width:18.9px; height:33.4px; left:4.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:17px; left:4.8px; top:164.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:33.4px; left:23.7px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:370.8px; height:15.4px; left:26.4px; top:163.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:33.4px; left:399.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:402.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:33.4px; left:411.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:414.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:33.4px; left:542.8px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:15.4px; left:545.5px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:33.4px; left:554.9px; top:147.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:557.6px; top:165.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19px; height:1px; left:4.8px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:376.1px; height:1px; left:23.8px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:399.9px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:1px; left:411.9px; top:147.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:543px; top:147.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:555px; top:147.1px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:411px; top:181.3px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:554.1px; top:181.3px; background-color:#000000; "> </div> <div id="TextContainer74" style="position:relative;width:697px;z-index:1;font-size:10.72px;"><div id="a8250" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:434px;top:0px;">June 30, 2026 </div><div id="a8253" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:0px;">December 31, 2025 </div><div id="a8255" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:17px;">Senior unsecured bond </div><div id="a8258" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:17px;">175,000</div><div id="a8261" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:17px;">175,000</div><div id="a8263" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:34px;">Secured long-term debt </div><div id="a8268" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:34px;">328,116</div><div id="a8271" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:34px;">354,189</div><div id="a8274" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:56px;">Total long-term<div style="display:inline-block;width:5px;white-space:pre"> </div>debt </div><div id="a8278" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:56px;">$ </div><div id="a8280" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:56px;">503,116</div><div id="a8282" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:56px;">$ </div><div id="a8284" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:56px;">529,189</div><div id="a8286" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:73px;">Less: Deferred financing costs<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a8289" style="position:absolute;font-family:'Arial';font-size:13.28px;left:498px;top:73px;display:flex;">(5,434)</div><div id="a8292" style="position:absolute;font-family:'Arial';font-size:13.28px;left:641px;top:73px;display:flex;">(6,380)</div><div id="a8295" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:95px;">Long-term debt, net of deferred financing costs </div><div id="a8299" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:95px;">$ </div><div id="a8301" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:95px;">497,682</div><div id="a8303" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:95px;">$ </div><div id="a8305" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:95px;">522,809</div><div id="a8307" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:117px;">Less: Current long-term debt, net of deferred financing<div style="display:inline-block;width:5px;white-space:pre"> </div>costs, </div><div id="a8310" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:132px;">current </div><div id="a8313" style="position:absolute;font-family:'Arial';font-size:13.28px;left:491px;top:132px;display:flex;">(88,670)</div><div id="a8316" style="position:absolute;font-family:'Arial';font-size:13.28px;left:634px;top:132px;display:flex;">(50,281)</div><div id="a8319" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:148px;">Long-term debt, excluding current portion and deferred </div><div id="a8322" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:27px;top:163px;">financing costs </div><div id="a8324" style="position:absolute;font-family:'Arial';font-size:13.28px;left:403px;top:166px;">$ </div><div id="a8326" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:166px;">409,012</div><div id="a8328" style="position:absolute;font-family:'Arial';font-size:13.28px;left:546px;top:166px;">$ </div><div id="a8330" style="position:absolute;font-family:'Arial';font-size:13.28px;left:631px;top:166px;">472,528</div></div></div></div></div> 175000000 175000000 328116000 354189000 503116000 529189000 5434000 6380000 497682000 522809000 88670000 50281000 409012000 472528000 175000000 0.0875 1.0350 1.02625 1.0175 1.0000 31 606341000 18000000 18000000 167263000 4454000 64827000 2030-07-25 57240000 954000 2032-01-04 100000000 3846000 2029-12-27 0.30 109000 361000 252000 -227000 51000 100000000 100000000 3301000 33972000 2533000 14323000 2031-04-18 55000000 51250000 53750000 1250000 25000000 2031-09-29 38462000 <div id="TextBlockContainer89" style="position:relative;line-height:normal;width:699px;height:146px;"><div style="position:absolute; width:109px; height:17.8px; left:4.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:17.8px; left:113.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:17.8px; left:143.7px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.8px; left:521.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:17.8px; left:533.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:1px; left:4.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:113.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.4px; height:1px; left:114.4px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:143.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:377.3px; height:1px; left:144.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:521.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:533.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:4.8px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.4px; left:113.8px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.4px; left:143.7px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:521.9px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:533.9px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:4.8px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.4px; left:113.8px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.4px; left:143.7px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:521.9px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:533.9px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.6px; left:4.8px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:15.4px; left:4.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:18.6px; left:113.8px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:15.4px; left:113.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:18.6px; left:143.7px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.1px; height:15.4px; left:143.7px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.6px; left:521.9px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:521.9px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.6px; left:533.9px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:151.1px; height:15.4px; left:533.9px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:1px; left:4.8px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:1px; left:113.8px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378px; height:1px; left:143.9px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:521.9px; top:125.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:533.9px; top:125.6px; background-color:#000000; "> </div> <div style="position:absolute; width:156px; height:1.9px; left:532.9px; top:144.8px; background-color:#000000; "> </div> <div id="TextContainer89" style="position:relative;width:699px;z-index:1;font-size:10.72px;"><div id="a8895" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a8898" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:545px;top:0px;">Principal Repayment </div><div id="a8900" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:18px;">Year 1 </div><div id="a8904" style="position:absolute;font-family:'Arial';font-size:13.28px;left:522px;top:18px;">$ </div><div id="a8906" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:18px;">90,611</div><div id="a8908" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:37px;">Year 2 </div><div id="a8913" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:37px;">36,764</div><div id="a8915" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:55px;">Year 3 </div><div id="a8920" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:55px;">36,764</div><div id="a8922" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:74px;">Year 4 </div><div id="a8927" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:74px;">211,765</div><div id="a8929" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:92px;">Year 5 </div><div id="a8934" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:92px;">98,099</div><div id="a8936" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:110px;">Year 6 and<div style="display:inline-block;width:5px;white-space:pre"> </div>thereafter </div><div id="a8939" style="position:absolute;font-family:'Arial';font-size:13.28px;left:644px;top:110px;">29,113</div><div id="a8941" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:130px;">Total </div><div id="a8945" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:522px;top:130px;">$ </div><div id="a8947" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:130px;">503,116</div></div></div> 90611000 36764000 36764000 211765000 98099000 29113000 503116000 <div id="TextBlockContainer94" style="position:relative;line-height:normal;width:704px;height:575px;"><div id="TextContainer94" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a8950" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">8.<div style="display:inline-block;width:36px;white-space:pre"> </div>Finance Liabilities </div><div id="a8955" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>29,<div style="display:inline-block;width:6px;white-space:pre"> </div>2022,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>sold </div><div id="a8957" style="position:absolute;font-family:'Arial';font-size:14.72px;font-style:italic;left:274px;top:34px;">Florida</div><div id="a8958" style="position:absolute;font-family:'Arial';font-size:14.72px;left:319px;top:34px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>unrelated<div style="display:inline-block;width:6px;white-space:pre"> </div>third<div style="display:inline-block;width:6px;white-space:pre"> </div>party<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>leased<div style="display:inline-block;width:6px;white-space:pre"> </div>back<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessel </div><div id="a8962" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">from<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>buyer<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>period<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a8962_31_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:219px;top:51px;">ten years</div><div id="a8962_40_57" style="position:absolute;font-family:'Arial';font-size:14.72px;left:282px;top:51px;">,<div style="display:inline-block;width:7px;white-space:pre"> </div>under<div style="display:inline-block;width:7px;white-space:pre"> </div>which<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>pays<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>fixed<div style="display:inline-block;width:7px;white-space:pre"> </div>monthly<div style="display:inline-block;width:7px;white-space:pre"> </div>hire.<div style="display:inline-block;width:7px;white-space:pre"> </div>The </div><div id="a8974" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">Company has the<div style="display:inline-block;width:6px;white-space:pre"> </div>option to repurchase the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessel at specific prices,<div style="display:inline-block;width:6px;white-space:pre"> </div>after the end<div style="display:inline-block;width:6px;white-space:pre"> </div>of the third<div style="display:inline-block;width:5px;white-space:pre"> </div>year of the </div><div id="a8977" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">charter period and for each year thereafter,<div style="display:inline-block;width:6px;white-space:pre"> </div>and the obligation to purchase the vessel on the expiration<div style="display:inline-block;width:5px;white-space:pre"> </div>of </div><div id="a8984" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">the lease on the tenth year.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a8989" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">On August 17, 2022, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company entered into </div><div id="a8989_45_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:320px;top:135px;">two</div><div id="a8989_48_53" style="position:absolute;font-family:'Arial';font-size:14.72px;left:343px;top:135px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>sale and leaseback agreements with two<div style="display:inline-block;width:6px;white-space:pre"> </div>unaffiliated </div><div id="a9021" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">third<div style="display:inline-block;width:9px;white-space:pre"> </div>parties<div style="display:inline-block;width:8px;white-space:pre"> </div>for </div><div id="a9027" style="position:absolute;font-family:'Arial';font-size:14.72px;font-style:italic;left:121px;top:152px;">New<div style="display:inline-block;width:8px;white-space:pre"> </div>Orleans</div><div id="a9030" style="position:absolute;font-family:'Arial';font-size:14.72px;left:210px;top:152px;"><div style="display:inline-block;width:9px;white-space:pre"> </div>and </div><div id="a9033" style="position:absolute;font-family:'Arial';font-size:14.72px;font-style:italic;left:252px;top:152px;">Santa<div style="display:inline-block;width:8px;white-space:pre"> </div>Barbara</div><div id="a9036" style="position:absolute;font-family:'Arial';font-size:14.72px;left:351px;top:152px;">.<div style="display:inline-block;width:9px;white-space:pre"> </div>The<div style="display:inline-block;width:8px;white-space:pre"> </div>vessels<div style="display:inline-block;width:8px;white-space:pre"> </div>were<div style="display:inline-block;width:8px;white-space:pre"> </div>delivered<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>their<div style="display:inline-block;width:8px;white-space:pre"> </div>buyers<div style="display:inline-block;width:8px;white-space:pre"> </div>on </div><div id="a9054" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">September<div style="display:inline-block;width:6px;white-space:pre"> </div>8,<div style="display:inline-block;width:5px;white-space:pre"> </div>2022<div style="display:inline-block;width:5px;white-space:pre"> </div>and September<div style="display:inline-block;width:7px;white-space:pre"> </div>12,<div style="display:inline-block;width:5px;white-space:pre"> </div>2022, respectively<div style="display:inline-block;width:7px;white-space:pre"> </div>and the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>chartered-in both<div style="display:inline-block;width:7px;white-space:pre"> </div>vessels </div><div id="a9084" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">under bareboat<div style="display:inline-block;width:6px;white-space:pre"> </div>charter parties<div style="display:inline-block;width:6px;white-space:pre"> </div>for a<div style="display:inline-block;width:6px;white-space:pre"> </div>period of </div><div id="a9084_47_11" style="position:absolute;font-family:'Arial';font-size:14.72px;left:309px;top:186px;">eight years</div><div id="a9084_58_45" style="position:absolute;font-family:'Arial';font-size:14.72px;left:381px;top:186px;">, each,<div style="display:inline-block;width:6px;white-space:pre"> </div>under which<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>pays a<div style="display:inline-block;width:6px;white-space:pre"> </div>fixed </div><div id="a9111" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">monthly<div style="display:inline-block;width:7px;white-space:pre"> </div>hire.<div style="display:inline-block;width:7px;white-space:pre"> </div>Under<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>bareboat<div style="display:inline-block;width:7px;white-space:pre"> </div>charter,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>has<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>option<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>repurchase<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>vessel<div style="display:inline-block;width:7px;white-space:pre"> </div>at </div><div id="a9115" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">specific prices,<div style="display:inline-block;width:6px;white-space:pre"> </div>after the<div style="display:inline-block;width:6px;white-space:pre"> </div>end of<div style="display:inline-block;width:6px;white-space:pre"> </div>the third<div style="display:inline-block;width:6px;white-space:pre"> </div>year of<div style="display:inline-block;width:6px;white-space:pre"> </div>the charter<div style="display:inline-block;width:6px;white-space:pre"> </div>period and<div style="display:inline-block;width:6px;white-space:pre"> </div>for each<div style="display:inline-block;width:6px;white-space:pre"> </div>year thereafter,<div style="display:inline-block;width:6px;white-space:pre"> </div>and the </div><div id="a9120" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:236px;">obligation to purchase the vessel on the expiration of the lease on the<div style="display:inline-block;width:3px;white-space:pre"> </div>eighth year.<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a9128" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>December 6,<div style="display:inline-block;width:6px;white-space:pre"> </div>2022, the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company sold </div><div id="a9129" style="position:absolute;font-family:'Arial';font-size:14.72px;font-style:italic;left:290px;top:270px;">DSI Andromeda</div><div id="a9130" style="position:absolute;font-family:'Arial';font-size:14.72px;left:396px;top:270px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>an unrelated<div style="display:inline-block;width:6px;white-space:pre"> </div>third<div style="display:inline-block;width:5px;white-space:pre"> </div>party and<div style="display:inline-block;width:7px;white-space:pre"> </div>leased back </div><div id="a9132" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">the vessel under a bareboat agreement, for a period of </div><div id="a9132_55_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:366px;top:287px;">ten years</div><div id="a9132_64_39" style="position:absolute;font-family:'Arial';font-size:14.72px;left:427px;top:287px;">, under which the Company pays a fixed </div><div id="a9138" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">monthly<div style="display:inline-block;width:5px;white-space:pre"> </div>hire.<div style="display:inline-block;width:5px;white-space:pre"> </div>The Company<div style="display:inline-block;width:7px;white-space:pre"> </div>has the<div style="display:inline-block;width:7px;white-space:pre"> </div>option to<div style="display:inline-block;width:7px;white-space:pre"> </div>repurchase the<div style="display:inline-block;width:6px;white-space:pre"> </div>vessel at<div style="display:inline-block;width:7px;white-space:pre"> </div>specific<div style="display:inline-block;width:5px;white-space:pre"> </div>prices, after<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>end<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a9143" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">the third year of the charter period and for each year thereafter,<div style="display:inline-block;width:6px;white-space:pre"> </div>and the obligation to purchase the vessel </div><div id="a9149" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">on the expiration of the lease on the tenth year.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9153" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>determined that,<div style="display:inline-block;width:7px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>ACS<div style="display:inline-block;width:6px;white-space:pre"> </div>842-40<div style="display:inline-block;width:6px;white-space:pre"> </div>Sale<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>Leaseback<div style="display:inline-block;width:5px;white-space:pre"> </div>Transactions,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>transactions </div><div id="a9156" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">are<div style="display:inline-block;width:6px;white-space:pre"> </div>failed<div style="display:inline-block;width:6px;white-space:pre"> </div>sales<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>consequently the<div style="display:inline-block;width:7px;white-space:pre"> </div>assets<div style="display:inline-block;width:5px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>derecognized from<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>financial<div style="display:inline-block;width:6px;white-space:pre"> </div>statements<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a9160" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">the proceeds from<div style="display:inline-block;width:6px;white-space:pre"> </div>the sale of<div style="display:inline-block;width:6px;white-space:pre"> </div>the vessels were<div style="display:inline-block;width:6px;white-space:pre"> </div>accounted for as<div style="display:inline-block;width:6px;white-space:pre"> </div>financial liabilities. As<div style="display:inline-block;width:6px;white-space:pre"> </div>of June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 </div><div id="a9163" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>finance<div style="display:inline-block;width:6px;white-space:pre"> </div>liability<div style="display:inline-block;width:6px;white-space:pre"> </div>amounted<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a9163_54_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:383px;top:422px;">10,264</div><div id="a9163_60_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:428px;top:422px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9163_66_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:474px;top:422px;">10,041</div><div id="a9163_72_28" style="position:absolute;font-family:'Arial';font-size:14.72px;left:519px;top:422px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in </div><div id="a9172" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">finance<div style="display:inline-block;width:6px;white-space:pre"> </div>liabilities,<div style="display:inline-block;width:6px;white-space:pre"> </div>current<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9172_34_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:217px;top:439px;">98,109</div><div id="a9172_40_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:262px;top:439px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9172_46_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:308px;top:439px;">103,259</div><div id="a9172_53_54" style="position:absolute;font-family:'Arial';font-size:14.72px;left:361px;top:439px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>respectively<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>finance<div style="display:inline-block;width:7px;white-space:pre"> </div>liabilities,<div style="display:inline-block;width:6px;white-space:pre"> </div>net<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a9175" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">current<div style="display:inline-block;width:6px;white-space:pre"> </div>portion.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>weighted<div style="display:inline-block;width:6px;white-space:pre"> </div>average<div style="display:inline-block;width:6px;white-space:pre"> </div>remaining<div style="display:inline-block;width:6px;white-space:pre"> </div>lease<div style="display:inline-block;width:6px;white-space:pre"> </div>term<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>above<div style="display:inline-block;width:6px;white-space:pre"> </div>lease </div><div id="a9179" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:472px;">agreements was </div><div id="a9179_15_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:119px;top:472px;">5.22</div><div id="a9179_19_47" style="position:absolute;font-family:'Arial';font-size:14.72px;left:147px;top:472px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>years, the weighted<div style="display:inline-block;width:6px;white-space:pre"> </div>average interest rate<div style="display:inline-block;width:6px;white-space:pre"> </div>was </div><div id="a9179_66_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:456px;top:472px;">4.83</div><div id="a9179_70_30" style="position:absolute;font-family:'Arial';font-size:14.72px;left:485px;top:472px;">% and the<div style="display:inline-block;width:6px;white-space:pre"> </div>sublease income for </div><div id="a9195" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 and<div style="display:inline-block;width:5px;white-space:pre"> </div>2025 was<div style="display:inline-block;width:5px;white-space:pre"> </div>$</div><div id="a9195_49_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:358px;top:489px;">16,587</div><div id="a9195_55_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:403px;top:489px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and $</div><div id="a9195_61_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:446px;top:489px;">14,603</div><div id="a9195_67_33" style="position:absolute;font-family:'Arial';font-size:14.72px;left:490px;top:489px;">, respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included in<div style="display:inline-block;width:5px;white-space:pre"> </div>time </div><div id="a9205" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">charter revenues. </div><div id="a9209" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:540px;">As of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, and<div style="display:inline-block;width:6px;white-space:pre"> </div>throughout the<div style="display:inline-block;width:6px;white-space:pre"> </div>term of<div style="display:inline-block;width:6px;white-space:pre"> </div>the leases,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>has annual<div style="display:inline-block;width:6px;white-space:pre"> </div>finance liabilities </div><div id="a9221" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">as shown in the table below:</div></div></div><div id="TextBlockContainer100" style="position:relative;line-height:normal;width:694px;height:146px;"><div id="div_97_XBRL_TS_999639ae177647338f21e3b8c7737285" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer98" style="position:relative;line-height:normal;width:694px;height:146px;"><div style="position:absolute; width:109px; height:17.8px; left:2.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:17.8px; left:111.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:17.8px; left:141.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.8px; left:520.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:17.8px; left:532.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:111.2px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.3px; height:1px; left:111.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:141.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:378.5px; height:1px; left:141.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:2.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.4px; left:111.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.4px; left:141.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:520.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:520.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:532.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:2.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.4px; left:111.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.4px; left:141.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:520.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:520.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:532.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.6px; left:2.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.6px; left:111.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.6px; left:141.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.6px; left:520.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.6px; left:532.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:1px; left:111.2px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:379.1px; height:1px; left:141.1px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:125.5px; background-color:#000000; "> </div> <div id="TextContainer98" style="position:relative;width:694px;z-index:1;font-size:10.72px;"><div id="a9245" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9248" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:544px;top:0px;">Principal Repayment </div><div id="a9250" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:18px;">Year 1 </div><div id="a9254" style="position:absolute;font-family:'Arial';font-size:13.28px;left:523px;top:18px;">$ </div><div id="a9256" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:18px;">10,438</div><div id="a9258" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:37px;">Year 2 </div><div id="a9263" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:37px;">10,916</div><div id="a9265" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:55px;">Year 3 </div><div id="a9270" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:55px;">11,358</div><div id="a9272" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:74px;">Year 4 </div><div id="a9277" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:74px;">11,852</div><div id="a9279" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:92px;">Year 5 </div><div id="a9284" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:92px;">33,494</div><div id="a9286" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:110px;">Year 6 and<div style="display:inline-block;width:5px;white-space:pre"> </div>thereafter </div><div id="a9289" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:110px;">31,015</div><div id="a9291" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:130px;">Total </div><div id="a9295" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:523px;top:130px;">$ </div><div id="a9297" style="position:absolute;font-family:'Arial';font-size:13.28px;left:632px;top:130px;">109,073</div></div></div></div></div> P10Y 2 P8Y P10Y 10264000 10041000 98109000 103259000 P5Y2M19D 0.0483 16587000 14603000 <div id="TextBlockContainer98" style="position:relative;line-height:normal;width:694px;height:146px;"><div style="position:absolute; width:109px; height:17.8px; left:2.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:17.8px; left:111.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:17.8px; left:141.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.8px; left:520.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:17.8px; left:532.1px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:18.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:111.2px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.3px; height:1px; left:111.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:141.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:378.5px; height:1px; left:141.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:2.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.4px; left:111.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.4px; left:141.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:520.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:520.1px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:532.1px; top:51.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:55px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.4px; left:2.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.4px; left:111.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.4px; left:141.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.4px; left:520.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:520.1px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.4px; left:532.1px; top:88.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:91.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109px; height:18.6px; left:2.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.6px; left:111.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.6px; left:141.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.6px; left:520.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.6px; left:532.1px; top:126.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:129.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:1px; left:111.2px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:379.1px; height:1px; left:141.1px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:125.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:125.5px; background-color:#000000; "> </div> <div id="TextContainer98" style="position:relative;width:694px;z-index:1;font-size:10.72px;"><div id="a9245" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9248" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:544px;top:0px;">Principal Repayment </div><div id="a9250" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:18px;">Year 1 </div><div id="a9254" style="position:absolute;font-family:'Arial';font-size:13.28px;left:523px;top:18px;">$ </div><div id="a9256" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:18px;">10,438</div><div id="a9258" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:37px;">Year 2 </div><div id="a9263" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:37px;">10,916</div><div id="a9265" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:55px;">Year 3 </div><div id="a9270" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:55px;">11,358</div><div id="a9272" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:74px;">Year 4 </div><div id="a9277" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:74px;">11,852</div><div id="a9279" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:92px;">Year 5 </div><div id="a9284" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:92px;">33,494</div><div id="a9286" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:110px;">Year 6 and<div style="display:inline-block;width:5px;white-space:pre"> </div>thereafter </div><div id="a9289" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:110px;">31,015</div><div id="a9291" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:130px;">Total </div><div id="a9295" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:523px;top:130px;">$ </div><div id="a9297" style="position:absolute;font-family:'Arial';font-size:13.28px;left:632px;top:130px;">109,073</div></div></div> 10438000 10916000 11358000 11852000 33494000 31015000 109073000 <div id="TextBlockContainer103" style="position:relative;line-height:normal;width:706px;height:323px;"><div id="TextContainer103" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a9300" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">9.<div style="display:inline-block;width:35px;white-space:pre"> </div>Commitments and Contingencies </div><div id="a9305" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:35px;">a)</div><div id="a9306" style="position:absolute;font-family:'Arial';font-size:14.72px;left:19px;top:35px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Various<div style="display:inline-block;width:6px;white-space:pre"> </div>claims, suits,<div style="display:inline-block;width:6px;white-space:pre"> </div>and complaints,<div style="display:inline-block;width:6px;white-space:pre"> </div>including those<div style="display:inline-block;width:6px;white-space:pre"> </div>involving government<div style="display:inline-block;width:6px;white-space:pre"> </div>regulations and<div style="display:inline-block;width:6px;white-space:pre"> </div>product </div><div id="a9308" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:52px;">liability,<div style="display:inline-block;width:8px;white-space:pre"> </div>arise<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>ordinary<div style="display:inline-block;width:7px;white-space:pre"> </div>course<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>shipping<div style="display:inline-block;width:7px;white-space:pre"> </div>business.<div style="display:inline-block;width:7px;white-space:pre"> </div>In<div style="display:inline-block;width:7px;white-space:pre"> </div>addition,<div style="display:inline-block;width:7px;white-space:pre"> </div>losses<div style="display:inline-block;width:7px;white-space:pre"> </div>may<div style="display:inline-block;width:7px;white-space:pre"> </div>arise<div style="display:inline-block;width:7px;white-space:pre"> </div>from </div><div id="a9309" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:69px;">disputes with<div style="display:inline-block;width:6px;white-space:pre"> </div>charterers, agents, insurance<div style="display:inline-block;width:6px;white-space:pre"> </div>and other<div style="display:inline-block;width:5px;white-space:pre"> </div>claims with<div style="display:inline-block;width:5px;white-space:pre"> </div>suppliers relating to<div style="display:inline-block;width:6px;white-space:pre"> </div>the operations </div><div id="a9310" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:86px;">of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>accrues for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>cost<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>environmental and<div style="display:inline-block;width:7px;white-space:pre"> </div>other<div style="display:inline-block;width:5px;white-space:pre"> </div>liabilities </div><div id="a9311" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:103px;">when management becomes<div style="display:inline-block;width:6px;white-space:pre"> </div>aware that<div style="display:inline-block;width:6px;white-space:pre"> </div>a liability is<div style="display:inline-block;width:6px;white-space:pre"> </div>probable and is<div style="display:inline-block;width:6px;white-space:pre"> </div>able to<div style="display:inline-block;width:6px;white-space:pre"> </div>reasonably estimate the </div><div id="a9312" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:119px;">probable exposure.<div style="display:inline-block;width:6px;white-space:pre"> </div>The Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>vessels are<div style="display:inline-block;width:6px;white-space:pre"> </div>covered for<div style="display:inline-block;width:6px;white-space:pre"> </div>pollution in<div style="display:inline-block;width:6px;white-space:pre"> </div>the amount<div style="display:inline-block;width:6px;white-space:pre"> </div>of $</div><div id="a9312_85_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:614px;top:119px;">1</div><div id="a9312_86_13" style="position:absolute;font-family:'Arial';font-size:14.72px;left:622px;top:119px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>billion per </div><div id="a9316" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:136px;">vessel per incident, by the P&amp;I Association in which the Company’s vessels<div style="display:inline-block;width:3px;white-space:pre"> </div>are entered.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9320" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:170px;">b)</div><div id="a9321" style="position:absolute;font-family:'Arial';font-size:14.72px;left:19px;top:170px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Pursuant<div style="display:inline-block;width:12px;white-space:pre"> </div>to<div style="display:inline-block;width:12px;white-space:pre"> </div>the<div style="display:inline-block;width:12px;white-space:pre"> </div>sale<div style="display:inline-block;width:12px;white-space:pre"> </div>and<div style="display:inline-block;width:12px;white-space:pre"> </div>lease<div style="display:inline-block;width:12px;white-space:pre"> </div>back<div style="display:inline-block;width:12px;white-space:pre"> </div>agreements<div style="display:inline-block;width:12px;white-space:pre"> </div>signed<div style="display:inline-block;width:12px;white-space:pre"> </div>between<div style="display:inline-block;width:12px;white-space:pre"> </div>the<div style="display:inline-block;width:12px;white-space:pre"> </div>Company<div style="display:inline-block;width:12px;white-space:pre"> </div>and<div style="display:inline-block;width:12px;white-space:pre"> </div>its </div><div id="a9323" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:187px;">counterparties, the Company has purchase obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>amounting to $</div><div id="a9323_67_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:489px;top:187px;">50,400</div><div id="a9323_73_26" style="position:absolute;font-family:'Arial';font-size:14.72px;left:534px;top:187px;">, at the end<div style="display:inline-block;width:6px;white-space:pre"> </div>of the lease </div><div id="a9328" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:204px;">agreements described in Note 8.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a9333" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:238px;">c)</div><div id="a9334" style="position:absolute;font-family:'Arial';font-size:14.72px;left:18px;top:238px;"><div style="display:inline-block;width:12px;white-space:pre"> </div>As of<div style="display:inline-block;width:5px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026, the Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>remaining commitments to<div style="display:inline-block;width:6px;white-space:pre"> </div>its joint ventures<div style="display:inline-block;width:6px;white-space:pre"> </div>consist of<div style="display:inline-block;width:5px;white-space:pre"> </div>EUR </div><div id="a9334_95_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:669px;top:238px;">8.1</div><div id="a9343" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:255px;">million to Windward and $</div><div id="a9343_25_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:198px;top:255px;">5,080</div><div id="a9343_30_13" style="position:absolute;font-family:'Arial';font-size:14.72px;left:235px;top:255px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>to Ecogas.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a9356" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:288px;">d)</div><div id="a9357" style="position:absolute;font-family:'Arial';font-size:14.72px;left:19px;top:288px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>had<div style="display:inline-block;width:6px;white-space:pre"> </div>total<div style="display:inline-block;width:6px;white-space:pre"> </div>obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>shipbuilding<div style="display:inline-block;width:6px;white-space:pre"> </div>contracts<div style="display:inline-block;width:6px;white-space:pre"> </div>(Note<div style="display:inline-block;width:6px;white-space:pre"> </div>5),<div style="display:inline-block;width:6px;white-space:pre"> </div>as </div><div id="a9359" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:305px;">follows:</div></div></div><div id="TextBlockContainer109" style="position:relative;line-height:normal;width:694px;height:75px;"><div id="div_106_XBRL_TS_d40164941b714113beb0ae871929b82f" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer107" style="position:relative;line-height:normal;width:694px;height:75px;"><div style="position:absolute; width:109px; height:18.2px; left:2.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.2px; left:111.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.2px; left:141.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.2px; left:520.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.2px; left:532.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:111.2px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.3px; height:1px; left:111.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:141.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:378.5px; height:1px; left:141.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:19.4px; left:2.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:19.4px; left:111.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:19.4px; left:141.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:19.4px; left:520.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:19.4px; left:532.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:1px; left:111.2px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:379.1px; height:1px; left:141.1px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:53.2px; background-color:#000000; "> </div> <div style="position:absolute; width:156px; height:1.9px; left:531.3px; top:73.2px; background-color:#000000; "> </div> <div id="TextContainer107" style="position:relative;width:694px;z-index:1;font-size:10.72px;"><div id="a9363" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9366" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:585px;top:0px;">Amount </div><div id="a9368" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:19px;">Year 1 </div><div id="a9372" style="position:absolute;font-family:'Arial';font-size:13.28px;left:523px;top:19px;">$ </div><div id="a9374" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:19px;">13,800</div><div id="a9376" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:38px;">Year 2 </div><div id="a9381" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:38px;">59,800</div><div id="a9383" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:58px;">Total </div><div id="a9387" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:523px;top:58px;">$ </div><div id="a9389" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:58px;">73,600</div></div></div></div></div><div id="TextBlockContainer112" style="position:relative;line-height:normal;width:680px;height:69px;"><div id="TextContainer112" style="position:relative;width:680px;z-index:1;font-size:10.72px;"><div id="a9394_1_98" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">As of<div style="display:inline-block;width:5px;white-space:pre"> </div>June 30, 2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company’s<div style="display:inline-block;width:5px;white-space:pre"> </div>vessels, owned and<div style="display:inline-block;width:6px;white-space:pre"> </div>chartered-in, were fixed<div style="display:inline-block;width:6px;white-space:pre"> </div>under time charter </div><div id="a9402" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">agreements, considered operating<div style="display:inline-block;width:6px;white-space:pre"> </div>leases. The minimum<div style="display:inline-block;width:6px;white-space:pre"> </div>contractual gross charter<div style="display:inline-block;width:6px;white-space:pre"> </div>revenue expected </div><div id="a9405" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">to<div style="display:inline-block;width:6px;white-space:pre"> </div>be<div style="display:inline-block;width:6px;white-space:pre"> </div>generated from<div style="display:inline-block;width:7px;white-space:pre"> </div>fixed<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>non-cancelable<div style="display:inline-block;width:6px;white-space:pre"> </div>time<div style="display:inline-block;width:6px;white-space:pre"> </div>charter<div style="display:inline-block;width:6px;white-space:pre"> </div>contracts<div style="display:inline-block;width:6px;white-space:pre"> </div>existing<div style="display:inline-block;width:5px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026 </div><div id="a9409" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">and until their expiration was as follows:</div></div></div><div id="TextBlockContainer118" style="position:relative;line-height:normal;width:699px;height:69px;"><div id="div_115_XBRL_TS_1d60354bacf04171bf86750ca0403f4e" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer116" style="position:relative;line-height:normal;width:699px;height:69px;"><div style="position:absolute; width:468.1px; height:16.3px; left:4.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:15.4px; left:4.8px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.3px; left:472.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16.3px; left:484.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.3px; left:580.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16.3px; left:592.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:1px; left:4.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:472.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:11.4px; height:1px; left:473.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:484.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:485.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:580.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:468.1px; height:17.4px; left:4.8px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:15.4px; left:4.8px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.4px; left:472.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.4px; left:484.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.4px; left:580.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.4px; left:592.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:1px; left:4.8px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:472.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:580.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:49px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:67.1px; background-color:#000000; "> </div> <div id="TextContainer116" style="position:relative;width:699px;z-index:1;font-size:10.72px;"><div id="a9412" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9417" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:616px;top:0px;">Amount </div><div id="a9419" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:17px;">Year 1 </div><div id="a9423" style="position:absolute;font-family:'Arial';font-size:13.28px;left:581px;top:17px;">$ </div><div id="a9425" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:17px;">110,469</div><div id="a9427" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:34px;">Year 2 </div><div id="a9432" style="position:absolute;font-family:'Arial';font-size:13.28px;left:652px;top:34px;">7,317</div><div id="a9434" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:52px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Total </div><div id="a9439" style="position:absolute;font-family:'Arial';font-size:13.28px;left:581px;top:52px;">$ </div><div id="a9441" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:637px;top:52px;">117,786</div></div></div></div></div> 1000000000 50400000 8100000000 5080000 <div id="TextBlockContainer107" style="position:relative;line-height:normal;width:694px;height:75px;"><div style="position:absolute; width:109px; height:18.2px; left:2.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:18.2px; left:111.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:18.2px; left:141.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.2px; left:520.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:18.2px; left:532.1px; top:15.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:18.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:111.2px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:29.3px; height:1px; left:111.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:141.1px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:378.5px; height:1px; left:141.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:109px; height:19.4px; left:2.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:103.7px; height:15.4px; left:4.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:19.4px; left:111.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:30.1px; height:15.4px; left:111.1px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:19.4px; left:141.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:378.9px; height:15.4px; left:141.1px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:19.4px; left:520.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.7px; height:15.4px; left:522.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:19.4px; left:532.1px; top:53.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:145.8px; height:15.4px; left:534.8px; top:57.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:109.1px; height:1px; left:2.1px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:29.9px; height:1px; left:111.2px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:379.1px; height:1px; left:141.1px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:520.3px; top:53.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:155.1px; height:1px; left:532.3px; top:53.2px; background-color:#000000; "> </div> <div style="position:absolute; width:156px; height:1.9px; left:531.3px; top:73.2px; background-color:#000000; "> </div> <div id="TextContainer107" style="position:relative;width:694px;z-index:1;font-size:10.72px;"><div id="a9363" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9366" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:585px;top:0px;">Amount </div><div id="a9368" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:19px;">Year 1 </div><div id="a9372" style="position:absolute;font-family:'Arial';font-size:13.28px;left:523px;top:19px;">$ </div><div id="a9374" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:19px;">13,800</div><div id="a9376" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:38px;">Year 2 </div><div id="a9381" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:38px;">59,800</div><div id="a9383" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:58px;">Total </div><div id="a9387" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:523px;top:58px;">$ </div><div id="a9389" style="position:absolute;font-family:'Arial';font-size:13.28px;left:640px;top:58px;">73,600</div></div></div> 13800000 59800000 73600000 <div id="TextBlockContainer116" style="position:relative;line-height:normal;width:699px;height:69px;"><div style="position:absolute; width:468.1px; height:16.3px; left:4.8px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:15.4px; left:4.8px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.3px; left:472.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16.3px; left:484.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.3px; left:580.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16.3px; left:592.9px; top:15.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:16.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:1px; left:4.8px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:472.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:11.4px; height:1px; left:473.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:484.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:485.5px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:580.9px; top:15.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:15.1px; background-color:#000000; "> </div> <div style="position:absolute; width:468.1px; height:17.4px; left:4.8px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:15.4px; left:4.8px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.4px; left:472.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:472.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.4px; left:484.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:15.4px; left:484.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.4px; left:580.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:580.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:17.4px; left:592.9px; top:49.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:92px; height:15.4px; left:592.9px; top:51.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:468.1px; height:1px; left:4.8px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:472.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:484.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:580.9px; top:49px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1px; left:592.9px; top:49px; background-color:#000000; "> </div> <div style="position:absolute; width:97px; height:1px; left:592px; top:67.1px; background-color:#000000; "> </div> <div id="TextContainer116" style="position:relative;width:699px;z-index:1;font-size:10.72px;"><div id="a9412" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Period </div><div id="a9417" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:616px;top:0px;">Amount </div><div id="a9419" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:17px;">Year 1 </div><div id="a9423" style="position:absolute;font-family:'Arial';font-size:13.28px;left:581px;top:17px;">$ </div><div id="a9425" style="position:absolute;font-family:'Arial';font-size:13.28px;left:637px;top:17px;">110,469</div><div id="a9427" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:34px;">Year 2 </div><div id="a9432" style="position:absolute;font-family:'Arial';font-size:13.28px;left:652px;top:34px;">7,317</div><div id="a9434" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:52px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Total </div><div id="a9439" style="position:absolute;font-family:'Arial';font-size:13.28px;left:581px;top:52px;">$ </div><div id="a9441" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:637px;top:52px;">117,786</div></div></div> 110469000 7317000 117786000 <div id="TextBlockContainer121" style="position:relative;line-height:normal;width:706px;height:847px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:856.8px; background-color:#000000; "> </div> <div style="position:absolute; width:24.3px; height:17px; left:665.3px; top:574.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:231.4px; height:16.8px; left:5.8px; top:591.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:214.1px; height:16.8px; left:392.3px; top:591.7px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:266.9px; height:17px; left:422.7px; top:608.5px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:625.4px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:642.3px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:659.2px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:676px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:692.8px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:709.8px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:726.6px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:743.5px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:760.3px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:777.1px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:16.8px; left:5.8px; top:794.1px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:683.8px; height:17px; left:5.8px; top:810.9px; background-color:#FFFFFF; "> </div> <div style="position:absolute; width:331.9px; height:16.8px; left:5.8px; top:827.9px; background-color:#FFFFFF; "> </div> <div id="TextContainer121" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a9460" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">10.<div style="display:inline-block;width:26px;white-space:pre"> </div>Capital Stock and Changes in Capital Accounts </div><div id="a9465" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:35px;">a)<div style="display:inline-block;width:35px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>stock</div><div id="a9469" style="position:absolute;font-family:'Arial';font-size:14.72px;font-style:italic;left:165px;top:35px;">:</div><div id="a9470" style="position:absolute;font-family:'Arial';font-size:14.72px;left:169px;top:35px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026,<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:7px;white-space:pre"> </div>31,<div style="display:inline-block;width:8px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:8px;white-space:pre"> </div>authorized </div><div id="a9479" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">preferred stock consists of </div><div id="a9479_28_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:182px;top:52px;">50,000,000</div><div id="a9479_38_45" style="position:absolute;font-family:'Arial';font-size:14.72px;left:256px;top:52px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>shares (all in registered form), par value $</div><div id="a9479_83_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:533px;top:52px;">0.01</div><div id="a9479_87_21" style="position:absolute;font-family:'Arial';font-size:14.72px;left:561px;top:52px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>per share, of which </div><div id="a9484" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:69px;">1,000,000</div><div id="a9484_9_67" style="position:absolute;font-family:'Arial';font-size:14.72px;left:71px;top:69px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>shares<div style="display:inline-block;width:8px;white-space:pre"> </div>are<div style="display:inline-block;width:8px;white-space:pre"> </div>designated<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>Series<div style="display:inline-block;width:8px;white-space:pre"> </div>A<div style="display:inline-block;width:7px;white-space:pre"> </div>Participating<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Shares, </div><div id="a9484_76_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:544px;top:69px;">5,000,000</div><div id="a9484_85_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:609px;top:69px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>are </div><div id="a9487" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:86px;">designated as<div style="display:inline-block;width:7px;white-space:pre"> </div>Series B<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred Shares, </div><div id="a9487_41_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:289px;top:86px;">10,675</div><div id="a9487_47_52" style="position:absolute;font-family:'Arial';font-size:14.72px;left:334px;top:86px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>shares are<div style="display:inline-block;width:7px;white-space:pre"> </div>designated as<div style="display:inline-block;width:6px;white-space:pre"> </div>Series C<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred Shares </div><div id="a9488" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:103px;">and </div><div id="a9488_4_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:38px;top:103px;">400</div><div id="a9488_7_87" style="position:absolute;font-family:'Arial';font-size:14.72px;left:62px;top:103px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>designated<div style="display:inline-block;width:7px;white-space:pre"> </div>as<div style="display:inline-block;width:7px;white-space:pre"> </div>Series<div style="display:inline-block;width:7px;white-space:pre"> </div>D<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Shares.<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>the </div><div id="a9495" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:119px;">Company had </div><div id="a9495_12_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:101px;top:119px;">zero</div><div id="a9495_16_65" style="position:absolute;font-family:'Arial';font-size:14.72px;left:130px;top:119px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>Series A Participating Preferred Shares issued and outstanding. </div><div id="a9498" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:153px;">b)<div style="display:inline-block;width:34px;white-space:pre"> </div>Series<div style="display:inline-block;width:6px;white-space:pre"> </div>B<div style="display:inline-block;width:6px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock:</div><div id="a9503" style="position:absolute;font-family:'Arial';font-size:14.72px;left:238px;top:153px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>had </div><div id="a9508" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:170px;">2,600,000</div><div id="a9508_9_66" style="position:absolute;font-family:'Arial';font-size:14.72px;left:71px;top:170px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>Series B<div style="display:inline-block;width:6px;white-space:pre"> </div>Preferred Shares<div style="display:inline-block;width:6px;white-space:pre"> </div>issued and<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding with<div style="display:inline-block;width:6px;white-space:pre"> </div>par value<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9508_75_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:521px;top:170px;">0.01</div><div id="a9508_79_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:550px;top:170px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>per share,<div style="display:inline-block;width:6px;white-space:pre"> </div>at $</div><div id="a9508_95_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:653px;top:170px;">25.00</div><div id="a9510" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:187px;">per share and with liquidation preference at $</div><div id="a9510_46_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:300px;top:187px;">25.00</div><div id="a9510_51_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:337px;top:187px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>per share. </div><div id="a9510_63_42" style="position:absolute;font-family:'Arial';font-size:14.72px;left:411px;top:187px;">Holders of Series B Preferred Shares have </div><div id="a9511" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:204px;">no voting rights other than the ability, subject to certain exceptions, to elect one director if dividends for </div><div id="a9512" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:221px;">six quarterly dividend periods (whether or not consecutive) are in arrears and certain other limited </div><div id="a9513" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:238px;">protective voting rights.</div><div id="a9513_25_80" style="position:absolute;font-family:'Arial';font-size:14.72px;left:159px;top:238px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>Also, holders<div style="display:inline-block;width:6px;white-space:pre"> </div>of Series<div style="display:inline-block;width:6px;white-space:pre"> </div>B Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Shares rank<div style="display:inline-block;width:6px;white-space:pre"> </div>prior to<div style="display:inline-block;width:6px;white-space:pre"> </div>the holders<div style="display:inline-block;width:6px;white-space:pre"> </div>of common </div><div id="a9516" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:254px;">shares with respect to<div style="display:inline-block;width:6px;white-space:pre"> </div>dividends, distributions and payments upon<div style="display:inline-block;width:6px;white-space:pre"> </div>liquidation and are subordinated to<div style="display:inline-block;width:6px;white-space:pre"> </div>all </div><div id="a9517" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:271px;">of the existing and future indebtedness. </div><div id="a9520" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:305px;">Dividends<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>Series<div style="display:inline-block;width:7px;white-space:pre"> </div>B<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Shares<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:7px;white-space:pre"> </div>cumulative<div style="display:inline-block;width:7px;white-space:pre"> </div>from<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>date<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>original<div style="display:inline-block;width:7px;white-space:pre"> </div>issue<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>are </div><div id="a9521" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:322px;">payable on the 15th day of January, April, July and October of each year at a dividend rate of </div><div id="a9521_95_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:615px;top:322px;">8.875</div><div id="a9521_100_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:651px;top:322px;">% per </div><div id="a9525" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:339px;">annum, or $</div><div id="a9525_11_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:85px;top:339px;">2.21875</div><div id="a9525_18_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:138px;top:339px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>per share per annum. For the six<div style="display:inline-block;width:6px;white-space:pre"> </div>months ended June 30, 2026 and<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, dividends </div><div id="a9531" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:356px;">on Series B Preferred Shares amounted to $</div><div id="a9531_42_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:297px;top:356px;">2,884</div><div id="a9531_47_51" style="position:absolute;font-family:'Arial';font-size:14.72px;left:334px;top:356px;">. Since February 14, 2019, the Company may redeem, </div><div id="a9533" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:373px;">in<div style="display:inline-block;width:6px;white-space:pre"> </div>whole<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>part,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Series<div style="display:inline-block;width:6px;white-space:pre"> </div>B<div style="display:inline-block;width:6px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Shares<div style="display:inline-block;width:6px;white-space:pre"> </div>at<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>redemption<div style="display:inline-block;width:6px;white-space:pre"> </div>price<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9533_77_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:527px;top:373px;">25.00</div><div id="a9533_82_19" style="position:absolute;font-family:'Arial';font-size:14.72px;left:564px;top:373px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>share<div style="display:inline-block;width:6px;white-space:pre"> </div>plus<div style="display:inline-block;width:6px;white-space:pre"> </div>an </div><div id="a9534" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:389px;">amount equal to all<div style="display:inline-block;width:6px;white-space:pre"> </div>accumulated and unpaid dividends thereon to<div style="display:inline-block;width:5px;white-space:pre"> </div>the date of redemption, whether<div style="display:inline-block;width:6px;white-space:pre"> </div>or not </div><div id="a9535" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:406px;">declared.<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a9538" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:440px;">c)<div style="display:inline-block;width:35px;white-space:pre"> </div>Series<div style="display:inline-block;width:7px;white-space:pre"> </div>C<div style="display:inline-block;width:6px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock</div><div id="a9547" style="position:absolute;font-family:'Arial';font-size:14.72px;left:233px;top:440px;">:<div style="display:inline-block;width:7px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>had </div><div id="a9553" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:457px;">10,675</div><div id="a9553_6_77" style="position:absolute;font-family:'Arial';font-size:14.72px;left:51px;top:457px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>Series<div style="display:inline-block;width:6px;white-space:pre"> </div>C<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Stock,<div style="display:inline-block;width:7px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>outstanding,<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>par<div style="display:inline-block;width:7px;white-space:pre"> </div>value<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a9553_83_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:586px;top:457px;">0.01</div><div id="a9553_87_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:615px;top:457px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>per<div style="display:inline-block;width:7px;white-space:pre"> </div>share, </div><div id="a9556" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:474px;">owned by<div style="display:inline-block;width:5px;white-space:pre"> </div>an affiliate<div style="display:inline-block;width:6px;white-space:pre"> </div>of its Chief<div style="display:inline-block;width:6px;white-space:pre"> </div>Executive Officer,<div style="display:inline-block;width:6px;white-space:pre"> </div>Ms. Semiramis Paliou. </div><div id="a9556_76_29" style="position:absolute;font-family:'Arial';font-size:14.72px;left:495px;top:474px;">The Series C Preferred Stock </div><div id="a9557" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:491px;">votes with the common shares of the Company, and each share entitles the holder thereof to 1,000 votes </div><div id="a9558" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:507px;">on all matters submitted to a vote of the shareholders of the Company.</div><div id="a9558_70_34" style="position:absolute;font-family:'Arial';font-size:14.72px;left:465px;top:507px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>The Series C Preferred Stock has </div><div id="a9559" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:524px;">no dividend or liquidation<div style="display:inline-block;width:5px;white-space:pre"> </div>rights and cannot be<div style="display:inline-block;width:5px;white-space:pre"> </div>transferred without the consent<div style="display:inline-block;width:6px;white-space:pre"> </div>of the Company except to </div><div id="a9560" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:541px;">the holder’s affiliates and immediate family members. </div><div id="a9564" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:6px;top:575px;">d)<div style="display:inline-block;width:34px;white-space:pre"> </div>Series D Preferred Stock</div><div id="a9573" style="position:absolute;font-family:'Arial';font-size:14.72px;left:227px;top:575px;">: As of June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026, and December 31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, the Company had </div><div id="a9573_62_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:665px;top:575px;">400</div><div id="a9580" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:592px;">shares of Series D Preferred Stock, issued and outstanding, with par value $</div><div id="a9580_76_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:503px;top:592px;">0.01</div><div id="a9580_80_24" style="position:absolute;font-family:'Arial';font-size:14.72px;left:532px;top:592px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>per share, owned by an </div><div id="a9585" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:609px;">affiliate<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>its<div style="display:inline-block;width:8px;white-space:pre"> </div>Chief<div style="display:inline-block;width:8px;white-space:pre"> </div>Executive<div style="display:inline-block;width:8px;white-space:pre"> </div>Officer,<div style="display:inline-block;width:9px;white-space:pre"> </div>Ms.<div style="display:inline-block;width:8px;white-space:pre"> </div>Semiramis<div style="display:inline-block;width:8px;white-space:pre"> </div>Paliou.<div style="display:inline-block;width:8px;white-space:pre"> </div>The<div style="display:inline-block;width:8px;white-space:pre"> </div>Series<div style="display:inline-block;width:8px;white-space:pre"> </div>D<div style="display:inline-block;width:8px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:8px;white-space:pre"> </div>Stock<div style="display:inline-block;width:8px;white-space:pre"> </div>is<div style="display:inline-block;width:8px;white-space:pre"> </div>not </div><div id="a9590" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:626px;">redeemable<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>has </div><div id="a9590_19_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:155px;top:626px;">no</div><div id="a9590_21_33" style="position:absolute;font-family:'Arial';font-size:14.72px;left:172px;top:626px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>dividend<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:8px;white-space:pre"> </div>liquidation<div style="display:inline-block;width:8px;white-space:pre"> </div>rights. </div><div id="a9590_54_43" style="position:absolute;font-family:'Arial';font-size:14.72px;left:385px;top:626px;">The Series D Preferred Stock vote with the </div><div id="a9594" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:642px;">common shares of the Company, and each share of the Series D Preferred Stock entitles the holder </div><div id="a9598" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:659px;">thereof to up to 200,000 votes,</div><div id="a9598_31_72" style="position:absolute;font-family:'Arial';font-size:14.72px;left:212px;top:659px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>all matters<div style="display:inline-block;width:7px;white-space:pre"> </div>submitted to<div style="display:inline-block;width:7px;white-space:pre"> </div>a vote<div style="display:inline-block;width:7px;white-space:pre"> </div>of the<div style="display:inline-block;width:7px;white-space:pre"> </div>stockholders of<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company, </div><div id="a9603" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:676px;">provided however, that,<div style="display:inline-block;width:6px;white-space:pre"> </div>notwithstanding any other provision of the<div style="display:inline-block;width:6px;white-space:pre"> </div>Series D Preferred Stock statement of </div><div id="a9607" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:693px;">designation, to the extent that<div style="display:inline-block;width:6px;white-space:pre"> </div>the total number of votes<div style="display:inline-block;width:6px;white-space:pre"> </div>one or more holders<div style="display:inline-block;width:6px;white-space:pre"> </div>of Series D Preferred Stock </div><div id="a9609" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:710px;">is<div style="display:inline-block;width:6px;white-space:pre"> </div>entitled<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>vote<div style="display:inline-block;width:6px;white-space:pre"> </div>(including<div style="display:inline-block;width:6px;white-space:pre"> </div>any<div style="display:inline-block;width:6px;white-space:pre"> </div>voting<div style="display:inline-block;width:6px;white-space:pre"> </div>power<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>such<div style="display:inline-block;width:6px;white-space:pre"> </div>holders<div style="display:inline-block;width:6px;white-space:pre"> </div>derived<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>Series<div style="display:inline-block;width:6px;white-space:pre"> </div>D<div style="display:inline-block;width:6px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock, </div><div id="a9610" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:727px;">shares of<div style="display:inline-block;width:6px;white-space:pre"> </div>Common Stock<div style="display:inline-block;width:6px;white-space:pre"> </div>or any<div style="display:inline-block;width:6px;white-space:pre"> </div>other voting<div style="display:inline-block;width:6px;white-space:pre"> </div>security of<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>issued and<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding as<div style="display:inline-block;width:6px;white-space:pre"> </div>of the </div><div id="a9611" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:744px;">date hereof or<div style="display:inline-block;width:6px;white-space:pre"> </div>that may be<div style="display:inline-block;width:6px;white-space:pre"> </div>issued in the<div style="display:inline-block;width:6px;white-space:pre"> </div>future) on any<div style="display:inline-block;width:6px;white-space:pre"> </div>matter submitted to<div style="display:inline-block;width:6px;white-space:pre"> </div>a vote of<div style="display:inline-block;width:6px;white-space:pre"> </div>stockholders of the </div><div id="a9612" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:760px;">Company would<div style="display:inline-block;width:6px;white-space:pre"> </div>exceed </div><div id="a9612_21_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:170px;top:760px;">36.0</div><div id="a9612_25_77" style="position:absolute;font-family:'Arial';font-size:14.72px;left:199px;top:760px;">% of<div style="display:inline-block;width:6px;white-space:pre"> </div>the total<div style="display:inline-block;width:6px;white-space:pre"> </div>number of<div style="display:inline-block;width:6px;white-space:pre"> </div>votes eligible<div style="display:inline-block;width:6px;white-space:pre"> </div>to be<div style="display:inline-block;width:6px;white-space:pre"> </div>cast on<div style="display:inline-block;width:6px;white-space:pre"> </div>such matter,<div style="display:inline-block;width:7px;white-space:pre"> </div>the total </div><div id="a9615" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:777px;">number<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>votes<div style="display:inline-block;width:7px;white-space:pre"> </div>that<div style="display:inline-block;width:7px;white-space:pre"> </div>holders<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>Series<div style="display:inline-block;width:7px;white-space:pre"> </div>D<div style="display:inline-block;width:7px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Stock<div style="display:inline-block;width:7px;white-space:pre"> </div>may<div style="display:inline-block;width:8px;white-space:pre"> </div>exercise<div style="display:inline-block;width:7px;white-space:pre"> </div>derived<div style="display:inline-block;width:7px;white-space:pre"> </div>from<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Series<div style="display:inline-block;width:7px;white-space:pre"> </div>D </div><div id="a9616" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:794px;">Preferred<div style="display:inline-block;width:9px;white-space:pre"> </div>Stock<div style="display:inline-block;width:9px;white-space:pre"> </div>together<div style="display:inline-block;width:9px;white-space:pre"> </div>with<div style="display:inline-block;width:9px;white-space:pre"> </div>Common<div style="display:inline-block;width:9px;white-space:pre"> </div>Shares<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>any<div style="display:inline-block;width:9px;white-space:pre"> </div>other<div style="display:inline-block;width:9px;white-space:pre"> </div>voting<div style="display:inline-block;width:9px;white-space:pre"> </div>securities<div style="display:inline-block;width:9px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>Company </div><div id="a9617" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:811px;">beneficially owned by such holder,<div style="display:inline-block;width:6px;white-space:pre"> </div>shall be reduced to </div><div id="a9617_55_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:364px;top:811px;">36</div><div id="a9617_57_48" style="position:absolute;font-family:'Arial';font-size:14.72px;left:380px;top:811px;">% of the total number of votes that<div style="display:inline-block;width:6px;white-space:pre"> </div>may be cast </div><div id="a9618" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:828px;">on such matter submitted to a vote of stockholders. </div></div></div><div id="TextBlockContainer124" style="position:relative;line-height:normal;width:704px;height:744px;"><div id="TextContainer124" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a9637" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:17px;">e)<div style="display:inline-block;width:35px;white-space:pre"> </div>Repurchase<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>Common<div style="display:inline-block;width:6px;white-space:pre"> </div>Shares: </div><div id="a9641" style="position:absolute;font-family:'Arial';font-size:14.72px;left:293px;top:17px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>2,<div style="display:inline-block;width:6px;white-space:pre"> </div>2024,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>commenced<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>tender </div><div id="a9642" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">offer<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>purchase<div style="display:inline-block;width:6px;white-space:pre"> </div>up<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a9642_24_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:165px;top:34px;">15,000,000</div><div id="a9642_34_45" style="position:absolute;font-family:'Arial';font-size:14.72px;left:238px;top:34px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding<div style="display:inline-block;width:6px;white-space:pre"> </div>common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock,<div style="display:inline-block;width:6px;white-space:pre"> </div>at<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9642_79_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:547px;top:34px;">2.00</div><div id="a9642_83_18" style="position:absolute;font-family:'Arial';font-size:14.72px;left:575px;top:34px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>share,<div style="display:inline-block;width:6px;white-space:pre"> </div>using </div><div id="a9666" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">funds available from cash and cash equivalents. On January 7, 2025, the<div style="display:inline-block;width:3px;white-space:pre"> </div>tender offer was settled and the </div><div id="a9702" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">Company<div style="display:inline-block;width:7px;white-space:pre"> </div>repurchased<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>retired<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>total<div style="display:inline-block;width:8px;white-space:pre"> </div>of </div><div id="a9702_43_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:317px;top:68px;">11,442,645</div><div id="a9702_53_41" style="position:absolute;font-family:'Arial';font-size:14.72px;left:390px;top:68px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>common<div style="display:inline-block;width:7px;white-space:pre"> </div>stock<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:8px;white-space:pre"> </div>an<div style="display:inline-block;width:7px;white-space:pre"> </div>aggregate </div><div id="a9733" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">amount of $</div><div id="a9733_11_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:83px;top:84px;">23,048</div><div id="a9733_17_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:128px;top:84px;">.</div><div id="a9744" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:118px;">f)<div style="display:inline-block;width:38px;white-space:pre"> </div>Dividend<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>Common<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock:</div><div id="a9754" style="position:absolute;font-family:'Arial';font-size:14.72px;left:261px;top:118px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>On<div style="display:inline-block;width:6px;white-space:pre"> </div>March<div style="display:inline-block;width:6px;white-space:pre"> </div>21,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>paid<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>dividend<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>its </div><div id="a9756" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">common stock of $</div><div id="a9756_17_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:129px;top:135px;">0.01</div><div id="a9756_21_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:157px;top:135px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>per share, or $</div><div id="a9756_37_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:257px;top:135px;">1,158</div><div id="a9756_42_62" style="position:absolute;font-family:'Arial';font-size:14.72px;left:294px;top:135px;">, to all shareholders of record as of March 12, 2025. On June </div><div id="a9757" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">24,<div style="display:inline-block;width:5px;white-space:pre"> </div>2025, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company paid<div style="display:inline-block;width:6px;white-space:pre"> </div>a cash<div style="display:inline-block;width:6px;white-space:pre"> </div>dividend on<div style="display:inline-block;width:6px;white-space:pre"> </div>its common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9757_67_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:478px;top:152px;">0.01</div><div id="a9757_71_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:507px;top:152px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>per share,<div style="display:inline-block;width:6px;white-space:pre"> </div>or $</div><div id="a9757_87_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:611px;top:152px;">1,158</div><div id="a9757_92_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:648px;top:152px;">, to<div style="display:inline-block;width:7px;white-space:pre"> </div>all </div><div id="a9760" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">shareholders of<div style="display:inline-block;width:6px;white-space:pre"> </div>record as<div style="display:inline-block;width:6px;white-space:pre"> </div>of June<div style="display:inline-block;width:6px;white-space:pre"> </div>17, 2025.<div style="display:inline-block;width:6px;white-space:pre"> </div>On March<div style="display:inline-block;width:6px;white-space:pre"> </div>18, 2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>paid a<div style="display:inline-block;width:6px;white-space:pre"> </div>cash dividend<div style="display:inline-block;width:6px;white-space:pre"> </div>on </div><div id="a9763" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">its common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9763_21_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:152px;top:186px;">0.01</div><div id="a9763_25_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:180px;top:186px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>per share,<div style="display:inline-block;width:6px;white-space:pre"> </div>or $</div><div id="a9763_41_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:284px;top:186px;">1,236</div><div id="a9763_46_56" style="position:absolute;font-family:'Arial';font-size:14.72px;left:321px;top:186px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>to all<div style="display:inline-block;width:6px;white-space:pre"> </div>shareholders of<div style="display:inline-block;width:6px;white-space:pre"> </div>record as<div style="display:inline-block;width:6px;white-space:pre"> </div>of March<div style="display:inline-block;width:6px;white-space:pre"> </div>11,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026. On </div><div id="a9773" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">June 18, 2026,<div style="display:inline-block;width:5px;white-space:pre"> </div>the Company paid a<div style="display:inline-block;width:6px;white-space:pre"> </div>cash dividend on its<div style="display:inline-block;width:6px;white-space:pre"> </div>common stock of $</div><div id="a9773_72_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:506px;top:202px;">0.01</div><div id="a9773_76_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:534px;top:202px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>per share, or $</div><div id="a9773_92_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:636px;top:202px;">1,244</div><div id="a9773_97_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:672px;top:202px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>to </div><div id="a9775" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">all shareholders of record as of June 10, 2026. </div><div id="a9785" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:253px;">g)<div style="display:inline-block;width:34px;white-space:pre"> </div>Warrants: </div><div id="a9790" style="position:absolute;font-family:'Arial';font-size:14.72px;left:133px;top:253px;">On<div style="display:inline-block;width:10px;white-space:pre"> </div>December<div style="display:inline-block;width:10px;white-space:pre"> </div>14,<div style="display:inline-block;width:10px;white-space:pre"> </div>2023,<div style="display:inline-block;width:10px;white-space:pre"> </div>the<div style="display:inline-block;width:10px;white-space:pre"> </div>Company<div style="display:inline-block;width:10px;white-space:pre"> </div>distributed </div><div id="a9790_46_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:501px;top:253px;">22,613,070</div><div id="a9790_56_17" style="position:absolute;font-family:'Arial';font-size:14.72px;left:575px;top:253px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>warrants<div style="display:inline-block;width:10px;white-space:pre"> </div>to<div style="display:inline-block;width:10px;white-space:pre"> </div>its </div><div id="a9793" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">shareholders<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>record<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>6,<div style="display:inline-block;width:7px;white-space:pre"> </div>2023.<div style="display:inline-block;width:7px;white-space:pre"> </div>Holders<div style="display:inline-block;width:7px;white-space:pre"> </div>received<div style="display:inline-block;width:7px;white-space:pre"> </div>one<div style="display:inline-block;width:7px;white-space:pre"> </div>warrant<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>every<div style="display:inline-block;width:7px;white-space:pre"> </div>five<div style="display:inline-block;width:7px;white-space:pre"> </div>shares<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a9794" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">issued and outstanding shares of common stock held as of the record date (rounded down to the<div style="display:inline-block;width:5px;white-space:pre"> </div>nearest </div><div id="a9795" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">whole<div style="display:inline-block;width:6px;white-space:pre"> </div>number<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>any<div style="display:inline-block;width:6px;white-space:pre"> </div>fractional<div style="display:inline-block;width:6px;white-space:pre"> </div>warrant.<div style="display:inline-block;width:6px;white-space:pre"> </div>Each<div style="display:inline-block;width:6px;white-space:pre"> </div>Warrant<div style="display:inline-block;width:6px;white-space:pre"> </div>entitles<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>holder<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>purchase,<div style="display:inline-block;width:6px;white-space:pre"> </div>at<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>holder’s </div><div id="a9803" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">sole<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>exclusive<div style="display:inline-block;width:6px;white-space:pre"> </div>election,<div style="display:inline-block;width:6px;white-space:pre"> </div>at<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>exercise<div style="display:inline-block;width:6px;white-space:pre"> </div>price<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a9803_55_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:365px;top:321px;">4</div><div id="a9803_56_14" style="position:absolute;font-family:'Arial';font-size:14.72px;left:373px;top:321px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>warrant, </div><div id="a9803_70_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:466px;top:321px;">1.68852</div><div id="a9803_77_24" style="position:absolute;font-family:'Arial';font-size:14.72px;left:519px;top:321px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock </div><div id="a9813" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">including a bonus share fraction. A bonus share fraction entitles a holder to receive an additional part of a </div><div id="a9823" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">share of common stock for each warrant exercised without payment<div style="display:inline-block;width:3px;white-space:pre"> </div>of any additional exercise price. </div><div id="a9826" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:388px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company's warrants<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>classified as<div style="display:inline-block;width:7px;white-space:pre"> </div>liabilities and<div style="display:inline-block;width:7px;white-space:pre"> </div>are<div style="display:inline-block;width:5px;white-space:pre"> </div>remeasured at<div style="display:inline-block;width:7px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:5px;white-space:pre"> </div>at<div style="display:inline-block;width:5px;white-space:pre"> </div>each reporting </div><div id="a9858" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">date, with<div style="display:inline-block;width:6px;white-space:pre"> </div>changes in<div style="display:inline-block;width:6px;white-space:pre"> </div>fair value<div style="display:inline-block;width:6px;white-space:pre"> </div>recognized in<div style="display:inline-block;width:6px;white-space:pre"> </div>earnings. The<div style="display:inline-block;width:6px;white-space:pre"> </div>warrants are<div style="display:inline-block;width:6px;white-space:pre"> </div>listed on<div style="display:inline-block;width:6px;white-space:pre"> </div>the New<div style="display:inline-block;width:6px;white-space:pre"> </div>York<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock </div><div id="a9894" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">Exchange under the symbol<div style="display:inline-block;width:6px;white-space:pre"> </div>"DSX_W." The<div style="display:inline-block;width:6px;white-space:pre"> </div>fair value of<div style="display:inline-block;width:6px;white-space:pre"> </div>the warrants is determined<div style="display:inline-block;width:6px;white-space:pre"> </div>using quoted market </div><div id="a9926" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">prices<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>active<div style="display:inline-block;width:6px;white-space:pre"> </div>market<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>classified<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>Level<div style="display:inline-block;width:6px;white-space:pre"> </div>1<div style="display:inline-block;width:6px;white-space:pre"> </div>measurement<div style="display:inline-block;width:6px;white-space:pre"> </div>within<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>hierarchy. </div><div id="a9962" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:455px;">During the six months ended June 30, 2026 and 2025, the Company issued<div style="display:inline-block;width:8px;white-space:pre"> </div></div><div id="a9962_72_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:506px;top:455px;">876,267</div><div id="a9962_79_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:559px;top:455px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and </div><div id="a9962_84_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:592px;top:455px;">12,802</div><div id="a9962_90_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:637px;top:455px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>shares, </div><div id="a9996" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:472px;">respectively,<div style="display:inline-block;width:9px;white-space:pre"> </div>having<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>value<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a9996_33_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:236px;top:472px;">2,040</div><div id="a9996_38_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:272px;top:472px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a9996_44_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:322px;top:472px;">16</div><div id="a9996_46_23" style="position:absolute;font-family:'Arial';font-size:14.72px;left:338px;top:472px;">,<div style="display:inline-block;width:8px;white-space:pre"> </div>net<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>expenses,<div style="display:inline-block;width:8px;white-space:pre"> </div>or<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a9996_69_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:504px;top:472px;">2.33</div><div id="a9996_73_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:533px;top:472px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>$</div><div id="a9996_79_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:582px;top:472px;">1.24</div><div id="a9996_83_12" style="position:absolute;font-family:'Arial';font-size:14.72px;left:611px;top:472px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>per<div style="display:inline-block;width:8px;white-space:pre"> </div>share, </div><div id="a10030" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:489px;">respectively.<div style="display:inline-block;width:6px;white-space:pre"> </div>During the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and 2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>received $</div><div id="a10030_88_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:623px;top:489px;">2,097</div><div id="a10030_93_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:660px;top:489px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and </div><div id="a10058" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:506px;">$</div><div id="a10058_1_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:506px;">69</div><div id="a10058_3_48" style="position:absolute;font-family:'Arial';font-size:14.72px;left:30px;top:506px;">,<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:8px;white-space:pre"> </div>proceeds,<div style="display:inline-block;width:8px;white-space:pre"> </div>net<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>fees<div style="display:inline-block;width:8px;white-space:pre"> </div>from<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>exercise<div style="display:inline-block;width:7px;white-space:pre"> </div>of </div><div id="a10058_51_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:364px;top:506px;">521,143</div><div id="a10058_58_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:417px;top:506px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>and </div><div id="a10058_63_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:457px;top:506px;">7,825</div><div id="a10058_68_32" style="position:absolute;font-family:'Arial';font-size:14.72px;left:494px;top:506px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>warrants,<div style="display:inline-block;width:8px;white-space:pre"> </div>respectively.<div style="display:inline-block;width:9px;white-space:pre"> </div>If<div style="display:inline-block;width:8px;white-space:pre"> </div>all </div><div id="a10095" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:523px;">warrants<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>exercised<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>would<div style="display:inline-block;width:6px;white-space:pre"> </div>have<div style="display:inline-block;width:6px;white-space:pre"> </div>issued </div><div id="a10095_75_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:547px;top:523px;">37,221,648</div><div id="a10095_85_11" style="position:absolute;font-family:'Arial';font-size:14.72px;left:621px;top:523px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a10132" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:540px;">common stock, including the shares from the warrants already exercised, with a fair value of $</div><div id="a10132_94_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:616px;top:540px;">85,733</div><div id="a10132_100_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:661px;top:540px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and </div><div id="a10170" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:557px;">would have received $</div><div id="a10170_21_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:153px;top:557px;">90,452</div><div id="a10170_27_72" style="position:absolute;font-family:'Arial';font-size:14.72px;left:198px;top:557px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>gross proceeds. As of June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026 and December 31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025, the warrant </div><div id="a10206" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:574px;">liability<div style="display:inline-block;width:5px;white-space:pre"> </div>amounted to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a10206_23_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:152px;top:574px;">2,352</div><div id="a10206_28_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:188px;top:574px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a10206_34_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:232px;top:574px;">1,330</div><div id="a10206_39_62" style="position:absolute;font-family:'Arial';font-size:14.72px;left:269px;top:574px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively.<div style="display:inline-block;width:6px;white-space:pre"> </div>During the<div style="display:inline-block;width:7px;white-space:pre"> </div>six months<div style="display:inline-block;width:7px;white-space:pre"> </div>ended June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:5px;white-space:pre"> </div>2026 and </div><div id="a10238" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:590px;">2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>gain/loss<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>warrants<div style="display:inline-block;width:7px;white-space:pre"> </div>amounted<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>loss<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a10238_51_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:370px;top:590px;">1,086</div><div id="a10238_56_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:406px;top:590px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>a<div style="display:inline-block;width:7px;white-space:pre"> </div>gain<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a10238_72_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:523px;top:590px;">515</div><div id="a10238_75_23" style="position:absolute;font-family:'Arial';font-size:14.72px;left:547px;top:590px;">,<div style="display:inline-block;width:7px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>is </div><div id="a10274" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:607px;">separately presented in the accompanying unaudited interim consolidated<div style="display:inline-block;width:2px;white-space:pre"> </div>statements of income. </div><div id="a10298" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:5px;top:641px;">h)<div style="display:inline-block;width:34px;white-space:pre"> </div>Incentive Plan: </div><div id="a10304" style="position:absolute;font-family:'Arial';font-size:14.72px;left:162px;top:641px;">Effective April 29, 2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company amended and restated its Equity Incentive </div><div id="a10305" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:658px;">Plan<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>increase<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>aggregate<div style="display:inline-block;width:6px;white-space:pre"> </div>number<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock that<div style="display:inline-block;width:6px;white-space:pre"> </div>may<div style="display:inline-block;width:6px;white-space:pre"> </div>be<div style="display:inline-block;width:6px;white-space:pre"> </div>delivered<div style="display:inline-block;width:6px;white-space:pre"> </div>pursuant<div style="display:inline-block;width:6px;white-space:pre"> </div>to </div><div id="a10308" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:675px;">awards granted under<div style="display:inline-block;width:6px;white-space:pre"> </div>the plan by </div><div id="a10308_33_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:232px;top:675px;">50,000,000</div><div id="a10308_43_37" style="position:absolute;font-family:'Arial';font-size:14.72px;left:306px;top:675px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>common shares. As<div style="display:inline-block;width:6px;white-space:pre"> </div>of June<div style="display:inline-block;width:5px;white-space:pre"> </div>30, 2026, </div><div id="a10308_80_10" style="position:absolute;font-family:'Arial';font-size:14.72px;left:567px;top:675px;">51,394,759</div><div id="a10308_90_8" style="position:absolute;font-family:'Arial';font-size:14.72px;left:640px;top:675px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>shares </div><div id="a10321" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:692px;">remained reserved for issuance according to the Company’s incentive plan. </div><div id="a10324" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:725px;">Restricted stock as of June 30, 2026 and 2025 is analyzed as follows:</div></div></div><div id="TextBlockContainer130" style="position:relative;line-height:normal;width:716px;height:188px;"><div id="div_127_XBRL_TS_3a42585dc54b42a295b851bf9def5949" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer128" style="position:relative;line-height:normal;width:716px;height:188px;"><div style="position:absolute; width:411px; height:16.5px; left:4.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:32.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:415.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:32.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:16.5px; left:427.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.2px; left:430.5px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:558.9px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:15.2px; left:561.6px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:570.9px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.2px; left:573.6px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:30.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:30.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:559px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:11.4px; height:1px; left:559.7px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:571px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.2px; height:1px; left:571.7px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:430.5px; top:65.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:65.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:81.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:81.5px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:99.6px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:101.5px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:99.6px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:101.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:430.5px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:430.5px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:15.4px; left:561.6px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:168.6px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:168.6px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:427px; top:186.7px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:570.1px; top:186.7px; background-color:#000000; "> </div> <div id="TextContainer128" style="position:relative;width:716px;z-index:1;font-size:10.72px;"><div id="a10353" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:436px;top:15px;">Number of Shares </div><div id="a10355" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:572px;top:0px;">Weighted Average </div><div id="a10356" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:578px;top:15px;">Grant Date Price </div><div id="a10358" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:32px;">Outstanding as of December 31, 2024 </div><div id="a10361" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:32px;">6,097,502</div><div id="a10363" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:32px;">$ </div><div id="a10365" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:32px;">3.30</div><div id="a10367" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:49px;">Granted </div><div id="a10370" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:49px;">2,000,000</div><div id="a10373" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:49px;">1.84</div><div id="a10375" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:66px;">Vested </div><div id="a10378" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:66px;display:flex;">(3,134,365)</div><div id="a10381" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:66px;">3.37</div><div id="a10383" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:84px;">Outstanding as of June 30, 2025 </div><div id="a10386" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:83px;">4,963,137</div><div id="a10388" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:84px;">$ </div><div id="a10390" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:84px;">2.67</div><div id="a10397" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:119px;">Outstanding as of December 31, 2025 </div><div id="a10400" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:119px;">4,963,137</div><div id="a10402" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:119px;">$ </div><div id="a10404" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:119px;">2.67</div><div id="a10406" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:136px;">Granted </div><div id="a10409" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:136px;">7,750,000</div><div id="a10412" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:136px;">2.59</div><div id="a10414" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:153px;">Vested </div><div id="a10417" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:153px;display:flex;">(2,945,335)</div><div id="a10420" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:153px;">2.99</div><div id="a10422" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:171px;">Outstanding as of June 30, 2026 </div><div id="a10425" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:171px;">9,767,802</div><div id="a10427" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:171px;">$ </div><div id="a10429" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:171px;">2.51</div></div></div></div></div><div id="TextBlockContainer133" style="position:relative;line-height:normal;width:704px;height:204px;"><div id="TextContainer133" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a10432" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>determined<div style="display:inline-block;width:6px;white-space:pre"> </div>with<div style="display:inline-block;width:6px;white-space:pre"> </div>reference<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>closing<div style="display:inline-block;width:6px;white-space:pre"> </div>price<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the </div><div id="a10433" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>stock<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>date<div style="display:inline-block;width:6px;white-space:pre"> </div>such<div style="display:inline-block;width:6px;white-space:pre"> </div>awards<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>approved<div style="display:inline-block;width:6px;white-space:pre"> </div>by<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>board<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>directors.<div style="display:inline-block;width:6px;white-space:pre"> </div>The </div><div id="a10434" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">aggregate compensation<div style="display:inline-block;width:5px;white-space:pre"> </div>cost is<div style="display:inline-block;width:6px;white-space:pre"> </div>recognized ratably<div style="display:inline-block;width:6px;white-space:pre"> </div>in the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying unaudited<div style="display:inline-block;width:5px;white-space:pre"> </div>interim consolidated </div><div id="a10440" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">statements of<div style="display:inline-block;width:6px;white-space:pre"> </div>income over<div style="display:inline-block;width:5px;white-space:pre"> </div>the respective<div style="display:inline-block;width:6px;white-space:pre"> </div>vesting periods.<div style="display:inline-block;width:5px;white-space:pre"> </div>For the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and </div><div id="a10451" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>compensation cost<div style="display:inline-block;width:7px;white-space:pre"> </div>amounted to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a10451_37_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:274px;top:68px;">3,918</div><div id="a10451_42_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:310px;top:68px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and $</div><div id="a10451_48_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:354px;top:68px;">5,270</div><div id="a10451_53_47" style="position:absolute;font-family:'Arial';font-size:14.72px;left:391px;top:68px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively,<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>included in<div style="display:inline-block;width:7px;white-space:pre"> </div>general and </div><div id="a10463" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">administrative expenses in the accompanying unaudited interim consolidated<div style="display:inline-block;width:3px;white-space:pre"> </div>statements of income. </div><div id="a10472" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>December<div style="display:inline-block;width:6px;white-space:pre"> </div>31,<div style="display:inline-block;width:6px;white-space:pre"> </div>2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>total<div style="display:inline-block;width:6px;white-space:pre"> </div>unrecognized<div style="display:inline-block;width:6px;white-space:pre"> </div>cost<div style="display:inline-block;width:6px;white-space:pre"> </div>relating<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>share </div><div id="a10477" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">awards<div style="display:inline-block;width:6px;white-space:pre"> </div>was<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a10477_12_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:98px;top:135px;">21,904</div><div id="a10477_18_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:143px;top:135px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and $</div><div id="a10477_24_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:187px;top:135px;">5,749</div><div id="a10477_29_70" style="position:absolute;font-family:'Arial';font-size:14.72px;left:224px;top:135px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively.<div style="display:inline-block;width:6px;white-space:pre"> </div>As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>June 30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>weighted-average period<div style="display:inline-block;width:7px;white-space:pre"> </div>over </div><div id="a10480" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">which<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>total<div style="display:inline-block;width:6px;white-space:pre"> </div>compensation<div style="display:inline-block;width:6px;white-space:pre"> </div>cost<div style="display:inline-block;width:6px;white-space:pre"> </div>related<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>non-vested<div style="display:inline-block;width:6px;white-space:pre"> </div>awards<div style="display:inline-block;width:6px;white-space:pre"> </div>not<div style="display:inline-block;width:6px;white-space:pre"> </div>yet<div style="display:inline-block;width:6px;white-space:pre"> </div>recognized<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>expected<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>be </div><div id="a10484" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">recognized<div style="display:inline-block;width:6px;white-space:pre"> </div>is </div><div id="a10484_14_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:100px;top:169px;">4.41</div><div id="a10484_18_83" style="position:absolute;font-family:'Arial';font-size:14.72px;left:129px;top:169px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>years.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>total<div style="display:inline-block;width:6px;white-space:pre"> </div>fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>vested<div style="display:inline-block;width:6px;white-space:pre"> </div>during<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>six<div style="display:inline-block;width:6px;white-space:pre"> </div>months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended<div style="display:inline-block;width:6px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, </div><div id="a10491" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">2026 and 2025 was $</div><div id="a10491_19_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:146px;top:186px;">8,756</div><div id="a10491_24_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:182px;top:186px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>and $</div><div id="a10491_30_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:223px;top:186px;">10,584</div><div id="a10491_36_15" style="position:absolute;font-family:'Arial';font-size:14.72px;left:268px;top:186px;">, respectively.</div></div></div> 50000000 50000000 0.01 0.01 1000000 1000000 5000000 5000000 10675 10675 400 400 0 0 0 0 2600000 2600000 2600000 2600000 0.01 0.01 25.00 25.00 25.00 25.00 Holders of Series B Preferred Shares have no voting rights other than the ability, subject to certain exceptions, to elect one director if dividends for six quarterly dividend periods (whether or not consecutive) are in arrears and certain other limited protective voting rights. 0.08875 2.21875 2884000 2884000 25.00 10675 10675 10675 10675 0.01 0.01 The Series C Preferred Stock votes with the common shares of the Company, and each share entitles the holder thereof to 1,000 votes on all matters submitted to a vote of the shareholders of the Company. 1000 400 400 400 400 0.01 0.01 0 The Series D Preferred Stock vote with the common shares of the Company, and each share of the Series D Preferred Stock entitles the holder thereof to up to 200,000 votes, 200000 0.360 0.36 15000000 2.00 11442645 23048000 0.01 1158000 0.01 1158000 0.01 1236000 0.01 1244000 22613070 4 1.68852 876267 12802 2040000 16000 2.33 1.24 2097000 69000 521143 7825 37221648 85733000 90452000 2352000 1330000 1086000 1086000 -515000 -515000 50000000 51394759 <div id="TextBlockContainer128" style="position:relative;line-height:normal;width:716px;height:188px;"><div style="position:absolute; width:411px; height:16.5px; left:4.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:32.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:415.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:32.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:16.5px; left:427.8px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.2px; left:430.5px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16.5px; left:558.9px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:15.2px; left:561.6px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:16.5px; left:570.9px; top:31.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.2px; left:573.6px; top:31.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:30.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:30.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:559px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:11.4px; height:1px; left:559.7px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:571px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.2px; height:1px; left:571.7px; top:30.5px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:430.5px; top:65.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:65.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:64.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:66.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:81.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:81.5px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:99.6px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:101.5px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:99.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:99.6px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:101.5px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:102.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:430.5px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:134.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:136.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:405.9px; height:15.4px; left:7.4px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:430.5px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:15.4px; left:561.6px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:169.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:121.6px; height:15.4px; left:573.6px; top:171.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:168.6px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:168.6px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:168.6px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:427px; top:186.7px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:570.1px; top:186.7px; background-color:#000000; "> </div> <div id="TextContainer128" style="position:relative;width:716px;z-index:1;font-size:10.72px;"><div id="a10353" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:436px;top:15px;">Number of Shares </div><div id="a10355" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:572px;top:0px;">Weighted Average </div><div id="a10356" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:578px;top:15px;">Grant Date Price </div><div id="a10358" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:32px;">Outstanding as of December 31, 2024 </div><div id="a10361" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:32px;">6,097,502</div><div id="a10363" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:32px;">$ </div><div id="a10365" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:32px;">3.30</div><div id="a10367" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:49px;">Granted </div><div id="a10370" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:49px;">2,000,000</div><div id="a10373" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:49px;">1.84</div><div id="a10375" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:66px;">Vested </div><div id="a10378" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:66px;display:flex;">(3,134,365)</div><div id="a10381" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:66px;">3.37</div><div id="a10383" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:84px;">Outstanding as of June 30, 2025 </div><div id="a10386" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:83px;">4,963,137</div><div id="a10388" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:84px;">$ </div><div id="a10390" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:84px;">2.67</div><div id="a10397" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:119px;">Outstanding as of December 31, 2025 </div><div id="a10400" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:119px;">4,963,137</div><div id="a10402" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:119px;">$ </div><div id="a10404" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:119px;">2.67</div><div id="a10406" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:136px;">Granted </div><div id="a10409" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:136px;">7,750,000</div><div id="a10412" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:136px;">2.59</div><div id="a10414" style="position:absolute;font-family:'Arial';font-size:13.28px;left:7px;top:153px;">Vested </div><div id="a10417" style="position:absolute;font-family:'Arial';font-size:13.28px;left:488px;top:153px;display:flex;">(2,945,335)</div><div id="a10420" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:153px;">2.99</div><div id="a10422" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:7px;top:171px;">Outstanding as of June 30, 2026 </div><div id="a10425" style="position:absolute;font-family:'Arial';font-size:13.28px;left:493px;top:171px;">9,767,802</div><div id="a10427" style="position:absolute;font-family:'Arial';font-size:13.28px;left:562px;top:171px;">$ </div><div id="a10429" style="position:absolute;font-family:'Arial';font-size:13.28px;left:669px;top:171px;">2.51</div></div></div> 6097502 3.30 2000000 1.84 3134365 3.37 4963137 2.67 4963137 2.67 7750000 2.59 2945335 2.99 9767802 2.51 3918000 5270000 21904000 5749000 P4Y4M28D 8756000 10584000 <div id="TextBlockContainer136" style="position:relative;line-height:normal;width:706px;height:70px;"><div id="TextContainer136" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a10504" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">11.<div style="display:inline-block;width:16px;white-space:pre"> </div>Interest expense and Finance costs </div><div id="a10515" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:35px;">The amounts in the<div style="display:inline-block;width:6px;white-space:pre"> </div>accompanying unaudited interim consolidated statements of income are<div style="display:inline-block;width:6px;white-space:pre"> </div>analyzed as </div><div id="a10521" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">follows:</div></div></div><div id="TextBlockContainer142" style="position:relative;line-height:normal;width:730px;height:133px;"><div id="div_139_XBRL_TS_0005b1972a7f44f3abdb50f75126b292" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer140" style="position:relative;line-height:normal;width:730px;height:133px;"><div style="position:absolute; width:425.5px; height:18.4px; left:4.8px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:425.5px; height:15.4px; left:4.8px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:18.4px; left:430.3px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.4px; left:430.3px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:18.4px; left:449.7px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:449.7px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:18.4px; left:579.3px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.4px; left:579.3px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:18.4px; left:591.2px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.4px; left:591.2px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:1px; left:4.8px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.7px; height:1px; left:23.7px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:1px; left:430.3px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:449.7px; top:37.8px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:579.3px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:591.3px; top:37.8px; background-color:#000000; "> </div> <div style="position:absolute; width:425.5px; height:19px; left:4.8px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:425.5px; height:15.4px; left:4.8px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:19px; left:430.3px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.4px; left:430.3px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:19px; left:449.7px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:449.7px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:19px; left:579.3px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.4px; left:579.3px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:19px; left:591.2px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.4px; left:591.2px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.7px; height:17.3px; left:4.8px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.7px; height:15.2px; left:4.8px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.8px; height:17.3px; left:23.5px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.8px; height:15.2px; left:23.5px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:17.3px; left:430.3px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.2px; left:430.3px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:17.3px; left:449.7px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.2px; left:449.7px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:17.3px; left:579.3px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.2px; left:579.3px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:17.3px; left:591.2px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.2px; left:591.2px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:1px; left:4.8px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.7px; height:1px; left:23.7px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:1px; left:430.3px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:449.7px; top:113.8px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:579.3px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:591.3px; top:113.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.6px; height:1px; left:448.7px; top:131.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.6px; height:1px; left:590.4px; top:131.9px; background-color:#000000; "> </div> <div id="TextContainer140" style="position:relative;width:730px;z-index:1;font-size:10.72px;"><div id="a10527" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:476px;top:0px;">For the six months ended June 30, </div><div id="a10532" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:500px;top:23px;">2026 </div><div id="a10535" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:641px;top:23px;">2025 </div><div id="a10537" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:42px;">Interest expense, debt </div><div id="a10539" style="position:absolute;font-family:'Arial';font-size:13.28px;left:430px;top:42px;">$ </div><div id="a10541" style="position:absolute;font-family:'Arial';font-size:13.28px;left:535px;top:42px;">15,569</div><div id="a10543" style="position:absolute;font-family:'Arial';font-size:13.28px;left:579px;top:42px;">$ </div><div id="a10545" style="position:absolute;font-family:'Arial';font-size:13.28px;left:676px;top:42px;">17,745</div><div id="a10547" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:61px;">Finance liabilities interest expense </div><div id="a10550" style="position:absolute;font-family:'Arial';font-size:13.28px;left:542px;top:61px;">2,730</div><div id="a10553" style="position:absolute;font-family:'Arial';font-size:13.28px;left:683px;top:61px;">2,969</div><div id="a10555" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:80px;">Amortization of debt and finance liabilities issuance costs </div><div id="a10558" style="position:absolute;font-family:'Arial';font-size:13.28px;left:542px;top:80px;">1,040</div><div id="a10561" style="position:absolute;font-family:'Arial';font-size:13.28px;left:683px;top:80px;">1,073</div><div id="a10563" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:99px;">Loan and other expenses </div><div id="a10566" style="position:absolute;font-family:'Arial';font-size:13.28px;left:561px;top:99px;">88</div><div id="a10569" style="position:absolute;font-family:'Arial';font-size:13.28px;left:695px;top:99px;">103</div><div id="a10572" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:117px;">Interest expense and finance costs </div><div id="a10574" style="position:absolute;font-family:'Arial';font-size:13.28px;left:430px;top:117px;">$ </div><div id="a10576" style="position:absolute;font-family:'Arial';font-size:13.28px;left:535px;top:117px;">19,427</div><div id="a10578" style="position:absolute;font-family:'Arial';font-size:13.28px;left:579px;top:117px;">$ </div><div id="a10580" style="position:absolute;font-family:'Arial';font-size:13.28px;left:676px;top:117px;">21,890</div></div></div></div></div><div id="TextBlockContainer145" style="position:relative;line-height:normal;width:704px;height:52px;"><div id="TextContainer145" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a10583" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">During<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>six<div style="display:inline-block;width:7px;white-space:pre"> </div>months<div style="display:inline-block;width:7px;white-space:pre"> </div>ended<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>2025,<div style="display:inline-block;width:7px;white-space:pre"> </div>interest<div style="display:inline-block;width:7px;white-space:pre"> </div>expense<div style="display:inline-block;width:7px;white-space:pre"> </div>amounted<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a10583_82_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:613px;top:0px;">16,147</div><div id="a10583_88_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:657px;top:0px;"><div style="display:inline-block;width:7px;white-space:pre"> </div>and </div><div id="a10594" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">$</div><div id="a10594_1_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:14px;top:17px;">18,410</div><div id="a10594_7_25" style="position:absolute;font-family:'Arial';font-size:14.72px;left:59px;top:17px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a10594_32_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:221px;top:17px;">578</div><div id="a10594_35_6" style="position:absolute;font-family:'Arial';font-size:14.72px;left:245px;top:17px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a10594_41_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:289px;top:17px;">665</div><div id="a10594_44_57" style="position:absolute;font-family:'Arial';font-size:14.72px;left:314px;top:17px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>respectively<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>capitalized and<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>advances </div><div id="a10614" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">for vessels under construction (Note 5).</div></div></div> <div id="TextBlockContainer140" style="position:relative;line-height:normal;width:730px;height:133px;"><div style="position:absolute; width:425.5px; height:18.4px; left:4.8px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:425.5px; height:15.4px; left:4.8px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:18.4px; left:430.3px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.4px; left:430.3px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:18.4px; left:449.7px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:449.7px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:18.4px; left:579.3px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.4px; left:579.3px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:18.4px; left:591.2px; top:38.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.4px; left:591.2px; top:41.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:1px; left:4.8px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.7px; height:1px; left:23.7px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:1px; left:430.3px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:449.7px; top:37.8px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:579.3px; top:37.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:591.3px; top:37.8px; background-color:#000000; "> </div> <div style="position:absolute; width:425.5px; height:19px; left:4.8px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:425.5px; height:15.4px; left:4.8px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:19px; left:430.3px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.4px; left:430.3px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:19px; left:449.7px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.4px; left:449.7px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:19px; left:579.3px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.4px; left:579.3px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:19px; left:591.2px; top:75.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.4px; left:591.2px; top:79.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.7px; height:17.3px; left:4.8px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.7px; height:15.2px; left:4.8px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.8px; height:17.3px; left:23.5px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.8px; height:15.2px; left:23.5px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:17.3px; left:430.3px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:15.2px; left:430.3px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:17.3px; left:449.7px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.6px; height:15.2px; left:449.7px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:17.3px; left:579.3px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:11.8px; height:15.2px; left:579.3px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.8px; height:17.3px; left:591.2px; top:114.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:125.8px; height:15.2px; left:591.2px; top:116.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:18.9px; height:1px; left:4.8px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:406.7px; height:1px; left:23.7px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:19.4px; height:1px; left:430.3px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:449.7px; top:113.8px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:579.3px; top:113.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:591.3px; top:113.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.6px; height:1px; left:448.7px; top:131.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.6px; height:1px; left:590.4px; top:131.9px; background-color:#000000; "> </div> <div id="TextContainer140" style="position:relative;width:730px;z-index:1;font-size:10.72px;"><div id="a10527" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:476px;top:0px;">For the six months ended June 30, </div><div id="a10532" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:500px;top:23px;">2026 </div><div id="a10535" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:641px;top:23px;">2025 </div><div id="a10537" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:42px;">Interest expense, debt </div><div id="a10539" style="position:absolute;font-family:'Arial';font-size:13.28px;left:430px;top:42px;">$ </div><div id="a10541" style="position:absolute;font-family:'Arial';font-size:13.28px;left:535px;top:42px;">15,569</div><div id="a10543" style="position:absolute;font-family:'Arial';font-size:13.28px;left:579px;top:42px;">$ </div><div id="a10545" style="position:absolute;font-family:'Arial';font-size:13.28px;left:676px;top:42px;">17,745</div><div id="a10547" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:61px;">Finance liabilities interest expense </div><div id="a10550" style="position:absolute;font-family:'Arial';font-size:13.28px;left:542px;top:61px;">2,730</div><div id="a10553" style="position:absolute;font-family:'Arial';font-size:13.28px;left:683px;top:61px;">2,969</div><div id="a10555" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:80px;">Amortization of debt and finance liabilities issuance costs </div><div id="a10558" style="position:absolute;font-family:'Arial';font-size:13.28px;left:542px;top:80px;">1,040</div><div id="a10561" style="position:absolute;font-family:'Arial';font-size:13.28px;left:683px;top:80px;">1,073</div><div id="a10563" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:99px;">Loan and other expenses </div><div id="a10566" style="position:absolute;font-family:'Arial';font-size:13.28px;left:561px;top:99px;">88</div><div id="a10569" style="position:absolute;font-family:'Arial';font-size:13.28px;left:695px;top:99px;">103</div><div id="a10572" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:24px;top:117px;">Interest expense and finance costs </div><div id="a10574" style="position:absolute;font-family:'Arial';font-size:13.28px;left:430px;top:117px;">$ </div><div id="a10576" style="position:absolute;font-family:'Arial';font-size:13.28px;left:535px;top:117px;">19,427</div><div id="a10578" style="position:absolute;font-family:'Arial';font-size:13.28px;left:579px;top:117px;">$ </div><div id="a10580" style="position:absolute;font-family:'Arial';font-size:13.28px;left:676px;top:117px;">21,890</div></div></div> 15569000 17745000 2730000 2969000 1040000 1073000 88000 103000 19427000 21890000 16147000 18410000 578000 665000 <div id="TextBlockContainer148" style="position:relative;line-height:normal;width:706px;height:87px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:122.3px; background-color:#000000; "> </div> <div id="TextContainer148" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a10620" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">12.<div style="display:inline-block;width:16px;white-space:pre"> </div>Earnings per Share </div><div id="a10627" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:35px;">All common<div style="display:inline-block;width:7px;white-space:pre"> </div>shares issued<div style="display:inline-block;width:7px;white-space:pre"> </div>(including restricted<div style="display:inline-block;width:7px;white-space:pre"> </div>shares issued<div style="display:inline-block;width:7px;white-space:pre"> </div>under the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>incentive<div style="display:inline-block;width:5px;white-space:pre"> </div>plan)<div style="display:inline-block;width:5px;white-space:pre"> </div>are </div><div id="a10631" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:52px;">the Company’s common stock and have equal rights to vote and participate in<div style="display:inline-block;width:3px;white-space:pre"> </div>dividends.<div style="display:inline-block;width:4px;white-space:pre"> </div></div></div></div><div id="TextBlockContainer151" style="position:relative;line-height:normal;width:704px;height:457px;"><div id="TextContainer151" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a10650" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">Basic EPS<div style="display:inline-block;width:6px;white-space:pre"> </div>is computed<div style="display:inline-block;width:7px;white-space:pre"> </div>by dividing<div style="display:inline-block;width:6px;white-space:pre"> </div>income available<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:5px;white-space:pre"> </div>common stockholders<div style="display:inline-block;width:6px;white-space:pre"> </div>by the weighted<div style="display:inline-block;width:7px;white-space:pre"> </div>average </div><div id="a10660" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">number of common shares outstanding during the period.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a10665" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:51px;">Shares issued during the period and shares repurchased during the period are weighted for the portion of </div><div id="a10671" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:68px;">the<div style="display:inline-block;width:6px;white-space:pre"> </div>period<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>they<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding. Restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>equity<div style="display:inline-block;width:6px;white-space:pre"> </div>incentive </div><div id="a10676" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:84px;">plan are<div style="display:inline-block;width:6px;white-space:pre"> </div>included in<div style="display:inline-block;width:6px;white-space:pre"> </div>the calculation<div style="display:inline-block;width:6px;white-space:pre"> </div>of EPS<div style="display:inline-block;width:6px;white-space:pre"> </div>when vested.<div style="display:inline-block;width:6px;white-space:pre"> </div>Unvested restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>shares are<div style="display:inline-block;width:6px;white-space:pre"> </div>not considered </div><div id="a10678" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">participating securities.<div style="display:inline-block;width:6px;white-space:pre"> </div>Shares issued<div style="display:inline-block;width:6px;white-space:pre"> </div>upon the<div style="display:inline-block;width:6px;white-space:pre"> </div>exercise of<div style="display:inline-block;width:6px;white-space:pre"> </div>warrants are<div style="display:inline-block;width:6px;white-space:pre"> </div>included in<div style="display:inline-block;width:6px;white-space:pre"> </div>the computation<div style="display:inline-block;width:6px;white-space:pre"> </div>of </div><div id="a10682" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">basic EPS as of the date of exercise.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a10686" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">Incremental<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:5px;white-space:pre"> </div>represent<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>number<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>assumed<div style="display:inline-block;width:6px;white-space:pre"> </div>issued<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>treasury<div style="display:inline-block;width:6px;white-space:pre"> </div>stock<div style="display:inline-block;width:5px;white-space:pre"> </div>method, </div><div id="a10694" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">weighted for<div style="display:inline-block;width:7px;white-space:pre"> </div>the<div style="display:inline-block;width:5px;white-space:pre"> </div>periods the<div style="display:inline-block;width:7px;white-space:pre"> </div>non-vested shares<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>outstanding. The<div style="display:inline-block;width:6px;white-space:pre"> </div>dilutive effect<div style="display:inline-block;width:7px;white-space:pre"> </div>of unexercised<div style="display:inline-block;width:7px;white-space:pre"> </div>in-</div><div id="a10704" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">the-money<div style="display:inline-block;width:7px;white-space:pre"> </div>warrants<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>computed<div style="display:inline-block;width:6px;white-space:pre"> </div>using<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>treasury<div style="display:inline-block;width:7px;white-space:pre"> </div>stock<div style="display:inline-block;width:6px;white-space:pre"> </div>method,<div style="display:inline-block;width:7px;white-space:pre"> </div>which<div style="display:inline-block;width:6px;white-space:pre"> </div>assumes<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:7px;white-space:pre"> </div>proceeds </div><div id="a10711" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">from the exercise of such warrants are<div style="display:inline-block;width:6px;white-space:pre"> </div>used to purchase common shares at the<div style="display:inline-block;width:6px;white-space:pre"> </div>average market price for </div><div id="a10717" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:219px;">the period. </div><div id="a10721" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:253px;">During the<div style="display:inline-block;width:7px;white-space:pre"> </div>six months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and 2025,<div style="display:inline-block;width:6px;white-space:pre"> </div>there were </div><div id="a10721_63_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:452px;top:253px;">364,915</div><div id="a10721_70_29" style="position:absolute;font-family:'Arial';font-size:14.72px;left:505px;top:253px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>and nil<div style="display:inline-block;width:7px;white-space:pre"> </div>incremental shares, </div><div id="a10735" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">respectively,<div style="display:inline-block;width:7px;white-space:pre"> </div>included<div style="display:inline-block;width:6px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>denominator<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>diluted<div style="display:inline-block;width:6px;white-space:pre"> </div>earnings<div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>share<div style="display:inline-block;width:6px;white-space:pre"> </div>calculation.<div style="display:inline-block;width:6px;white-space:pre"> </div>Securities<div style="display:inline-block;width:6px;white-space:pre"> </div>that </div><div id="a10741" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">could potentially dilute basic earnings per share in future periods but were excluded<div style="display:inline-block;width:3px;white-space:pre"> </div>from the computation </div><div id="a10742" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:304px;">of<div style="display:inline-block;width:8px;white-space:pre"> </div>diluted<div style="display:inline-block;width:8px;white-space:pre"> </div>earnings<div style="display:inline-block;width:8px;white-space:pre"> </div>per<div style="display:inline-block;width:8px;white-space:pre"> </div>share<div style="display:inline-block;width:8px;white-space:pre"> </div>because<div style="display:inline-block;width:7px;white-space:pre"> </div>their<div style="display:inline-block;width:8px;white-space:pre"> </div>inclusion<div style="display:inline-block;width:7px;white-space:pre"> </div>would<div style="display:inline-block;width:8px;white-space:pre"> </div>have<div style="display:inline-block;width:8px;white-space:pre"> </div>been<div style="display:inline-block;width:8px;white-space:pre"> </div>anti-dilutive<div style="display:inline-block;width:8px;white-space:pre"> </div>consisted<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>(i) </div><div id="a10745" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:321px;">incremental<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>unexercised<div style="display:inline-block;width:6px;white-space:pre"> </div>warrants<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>were<div style="display:inline-block;width:6px;white-space:pre"> </div>out<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>money<div style="display:inline-block;width:6px;white-space:pre"> </div>during<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>reporting<div style="display:inline-block;width:6px;white-space:pre"> </div>period </div><div id="a10747" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:337px;">(Note<div style="display:inline-block;width:6px;white-space:pre"> </div>10(g)),<div style="display:inline-block;width:6px;white-space:pre"> </div>(ii)<div style="display:inline-block;width:6px;white-space:pre"> </div>incremental<div style="display:inline-block;width:6px;white-space:pre"> </div>shares<div style="display:inline-block;width:6px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>unexercised<div style="display:inline-block;width:6px;white-space:pre"> </div>warrants<div style="display:inline-block;width:6px;white-space:pre"> </div>that,<div style="display:inline-block;width:6px;white-space:pre"> </div>if<div style="display:inline-block;width:6px;white-space:pre"> </div>included<div style="display:inline-block;width:5px;white-space:pre"> </div>in<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>diluted<div style="display:inline-block;width:6px;white-space:pre"> </div>earnings </div><div id="a10749" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:354px;">per share calculation, would have had an<div style="display:inline-block;width:6px;white-space:pre"> </div>anti-dilutive effect (Note 10(g)),<div style="display:inline-block;width:5px;white-space:pre"> </div>and (iii) anti-dilutive non-vested </div><div id="a10761" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:371px;">restricted share awards (Note 10(h)).<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a10768" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:405px;">Net income attributable to common<div style="display:inline-block;width:6px;white-space:pre"> </div>stockholders is adjusted for<div style="display:inline-block;width:6px;white-space:pre"> </div>dividends on Series B Preferred<div style="display:inline-block;width:6px;white-space:pre"> </div>Stock in </div><div id="a10773" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:422px;">the<div style="display:inline-block;width:7px;white-space:pre"> </div>calculation<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>basic<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>diluted<div style="display:inline-block;width:7px;white-space:pre"> </div>earnings<div style="display:inline-block;width:7px;white-space:pre"> </div>per<div style="display:inline-block;width:7px;white-space:pre"> </div>share,<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>for<div style="display:inline-block;width:7px;white-space:pre"> </div>gains<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>warrants<div style="display:inline-block;width:7px;white-space:pre"> </div>recognized<div style="display:inline-block;width:7px;white-space:pre"> </div>in<div style="display:inline-block;width:7px;white-space:pre"> </div>net </div><div id="a10786" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:439px;">income, when dilutive, in the calculation of diluted earnings per<div style="display:inline-block;width:3px;white-space:pre"> </div>share.</div></div></div><div id="TextBlockContainer157" style="position:relative;line-height:normal;width:716px;height:362px;"><div id="div_154_XBRL_TS_7430b3e6118c43acacde136845978924" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer155" style="position:relative;line-height:normal;width:716px;height:362px;"><div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:50.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:50.8px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:8px; height:15.4px; left:558.9px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:8px; height:15.4px; left:558.9px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:93.9px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:93.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:111.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:113.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:111.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:113.7px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:18.1px; left:4.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:415.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:18.1px; left:427.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:558.9px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:18.1px; left:570.9px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:138.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:140.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:138.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:140.7px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:157.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:159.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:157.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:159.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15.4px; left:427.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15.4px; left:570.9px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:209.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:209.9px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15.4px; left:427.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15.4px; left:570.9px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:243.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:243.8px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:7px; left:4.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:7px; left:4.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:415.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:415.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:7px; left:427.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:7px; left:427.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:558.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:558.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:7px; left:570.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:7px; left:570.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:261.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:263.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:261.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:263.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:393.1px; height:15.4px; left:22.7px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:305.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:305.9px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:322.9px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:322.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:340.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:342.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:340.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:342.7px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:427px; top:360px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:570.1px; top:360px; background-color:#000000; "> </div> <div id="TextContainer155" style="position:relative;width:716px;z-index:1;font-size:10.72px;"><div id="a10800" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:455px;top:0px;">For the six months ended June 30, </div><div id="a10802" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:19px;">Basic Earnings per Share<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a10810" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:479px;top:36px;">2026 </div><div id="a10813" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:622px;top:36px;">2025 </div><div id="a10820" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:62px;">Net income </div><div id="a10822" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:62px;">$ </div><div id="a10824" style="position:absolute;font-family:'Arial';font-size:13.28px;left:514px;top:62px;">49,908</div><div id="a10826" style="position:absolute;font-family:'Arial';font-size:13.28px;left:560px;top:62px;">$ </div><div id="a10828" style="position:absolute;font-family:'Arial';font-size:13.28px;left:665px;top:62px;">7,539</div><div id="a10830" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:79px;">Dividends on series B preferred shares </div><div id="a10833" style="position:absolute;font-family:'Arial';font-size:13.28px;left:517px;top:79px;display:flex;">(2,884)</div><div id="a10836" style="position:absolute;font-family:'Arial';font-size:13.28px;left:660px;top:79px;display:flex;">(2,884)</div><div id="a10838" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:97px;">Net income attributable to common stockholders </div><div id="a10840" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:97px;">$ </div><div id="a10842" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:514px;top:97px;">47,024</div><div id="a10844" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:97px;">$ </div><div id="a10846" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:665px;top:97px;">4,655</div><div id="a10853" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:124px;">Weighted average number of common shares, basic </div><div id="a10856" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:124px;">113,219,648</div><div id="a10859" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:124px;">110,095,604</div><div id="a10861" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:143px;">Earnings per common share, basic<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10863" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:421px;top:143px;">$ </div><div id="a10865" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:529px;top:143px;">0.42</div><div id="a10867" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:143px;">$ </div><div id="a10869" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:672px;top:143px;">0.04</div><div id="a10876" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:178px;">Diluted Earnings per Share </div><div id="a10884" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:479px;top:195px;">2026 </div><div id="a10887" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:622px;top:195px;">2025 </div><div id="a10889" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:212px;">Net income </div><div id="a10891" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:212px;">$ </div><div id="a10893" style="position:absolute;font-family:'Arial';font-size:13.28px;left:514px;top:212px;">49,908</div><div id="a10895" style="position:absolute;font-family:'Arial';font-size:13.28px;left:560px;top:212px;">$ </div><div id="a10897" style="position:absolute;font-family:'Arial';font-size:13.28px;left:665px;top:212px;">7,539</div><div id="a10899" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:229px;">Dividends on series B preferred shares </div><div id="a10902" style="position:absolute;font-family:'Arial';font-size:13.28px;left:517px;top:229px;display:flex;">(2,884)</div><div id="a10905" style="position:absolute;font-family:'Arial';font-size:13.28px;left:660px;top:229px;display:flex;">(2,884)</div><div id="a10907" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:247px;">Adjusted net income attributable to common stockholders </div><div id="a10909" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:247px;">$ </div><div id="a10911" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:514px;top:247px;">47,024</div><div id="a10913" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:247px;">$ </div><div id="a10915" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:665px;top:247px;">4,655</div><div id="a10922" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:274px;">Weighted average number of common shares, basic </div><div id="a10925" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:274px;">113,219,648</div><div id="a10928" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:274px;">110,095,604</div><div id="a10930" style="position:absolute;font-family:'Arial';font-size:13.28px;left:23px;top:291px;">Restricted shares </div><div id="a10933" style="position:absolute;font-family:'Arial';font-size:13.28px;left:507px;top:291px;">364,915</div><div id="a10936" style="position:absolute;font-family:'Arial';font-size:13.28px;left:694px;top:291px;">-</div><div id="a10938" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:308px;">Total incremental<div style="display:inline-block;width:5px;white-space:pre"> </div>shares from dilutive instruments </div><div id="a10941" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:507px;top:308px;">364,915</div><div id="a10944" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:694px;top:308px;">-</div><div id="a10946" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:326px;">Weighted average number of common shares, diluted<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10949" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:326px;">113,584,563</div><div id="a10952" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:326px;">110,095,604</div><div id="a10954" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:345px;">Earnings per common share, diluted </div><div id="a10956" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:421px;top:345px;">$ </div><div id="a10958" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:529px;top:345px;">0.41</div><div id="a10960" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:345px;">$ </div><div id="a10962" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:672px;top:345px;">0.04</div></div></div></div></div> 364915 <div id="TextBlockContainer155" style="position:relative;line-height:normal;width:716px;height:362px;"><div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:50.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:50.8px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:8px; height:15.4px; left:558.9px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:59.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:61.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:8px; height:15.4px; left:558.9px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:94.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:96.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:93.9px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:93.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:93.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:111.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:113.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:111.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:113.7px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:18.1px; left:4.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:415.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:18.1px; left:427.8px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:18.1px; left:558.9px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:18.1px; left:570.9px; top:120.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:123.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:138.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:140.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:138.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:140.7px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15px; left:4.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:415.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15px; left:427.8px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15px; left:558.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15px; left:570.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:157.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:159.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:157.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:157.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:159.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:160.7px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15.4px; left:427.8px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:192.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15.4px; left:570.9px; top:194.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:209.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:209.9px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17px; left:4.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:415.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17px; left:427.8px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:15.4px; left:427.8px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17px; left:558.9px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17px; left:570.9px; top:226.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:15.4px; left:570.9px; top:228.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:243.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:243.8px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:7px; left:4.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:7px; left:4.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:415.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:415.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:7px; left:427.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:7px; left:427.8px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:558.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:7px; left:558.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:7px; left:570.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:7px; left:570.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:3px; left:4.8px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:415.9px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:261.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:263.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:3px; left:559px; top:261.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:261.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:263.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:264.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:17.1px; left:4.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:393.1px; height:15.4px; left:22.7px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:415.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.1px; left:427.8px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.1px; left:558.9px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.1px; left:570.9px; top:288.8px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:290.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:305.9px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:305.9px; background-color:#000000; "> </div> <div style="position:absolute; width:411px; height:17.3px; left:4.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411px; height:15.4px; left:4.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:415.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:415.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:17.3px; left:427.8px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127.1px; height:15.4px; left:427.8px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:17.3px; left:558.9px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:15.4px; left:558.9px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131px; height:17.3px; left:570.9px; top:323.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:127px; height:15.4px; left:570.9px; top:325.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:411.1px; height:1px; left:4.8px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:1px; left:415.9px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:322.9px; background-color:#000000; "> </div> <div style="position:absolute; width:12px; height:1px; left:559px; top:322.9px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:322.9px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:340.8px; background-color:#000000; "> </div> <div style="position:absolute; width:131.1px; height:1px; left:427.9px; top:342.7px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:340.8px; background-color:#000000; "> </div> <div style="position:absolute; width:130.9px; height:1px; left:571px; top:342.7px; background-color:#000000; "> </div> <div style="position:absolute; width:132px; height:1px; left:427px; top:360px; background-color:#000000; "> </div> <div style="position:absolute; width:131.8px; height:1px; left:570.1px; top:360px; background-color:#000000; "> </div> <div id="TextContainer155" style="position:relative;width:716px;z-index:1;font-size:10.72px;"><div id="a10800" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:455px;top:0px;">For the six months ended June 30, </div><div id="a10802" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:19px;">Basic Earnings per Share<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a10810" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:479px;top:36px;">2026 </div><div id="a10813" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:622px;top:36px;">2025 </div><div id="a10820" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:62px;">Net income </div><div id="a10822" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:62px;">$ </div><div id="a10824" style="position:absolute;font-family:'Arial';font-size:13.28px;left:514px;top:62px;">49,908</div><div id="a10826" style="position:absolute;font-family:'Arial';font-size:13.28px;left:560px;top:62px;">$ </div><div id="a10828" style="position:absolute;font-family:'Arial';font-size:13.28px;left:665px;top:62px;">7,539</div><div id="a10830" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:79px;">Dividends on series B preferred shares </div><div id="a10833" style="position:absolute;font-family:'Arial';font-size:13.28px;left:517px;top:79px;display:flex;">(2,884)</div><div id="a10836" style="position:absolute;font-family:'Arial';font-size:13.28px;left:660px;top:79px;display:flex;">(2,884)</div><div id="a10838" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:97px;">Net income attributable to common stockholders </div><div id="a10840" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:97px;">$ </div><div id="a10842" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:514px;top:97px;">47,024</div><div id="a10844" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:97px;">$ </div><div id="a10846" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:665px;top:97px;">4,655</div><div id="a10853" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:124px;">Weighted average number of common shares, basic </div><div id="a10856" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:124px;">113,219,648</div><div id="a10859" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:124px;">110,095,604</div><div id="a10861" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:143px;">Earnings per common share, basic<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10863" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:421px;top:143px;">$ </div><div id="a10865" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:529px;top:143px;">0.42</div><div id="a10867" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:143px;">$ </div><div id="a10869" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:672px;top:143px;">0.04</div><div id="a10876" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:178px;">Diluted Earnings per Share </div><div id="a10884" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:479px;top:195px;">2026 </div><div id="a10887" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:622px;top:195px;">2025 </div><div id="a10889" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:212px;">Net income </div><div id="a10891" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:212px;">$ </div><div id="a10893" style="position:absolute;font-family:'Arial';font-size:13.28px;left:514px;top:212px;">49,908</div><div id="a10895" style="position:absolute;font-family:'Arial';font-size:13.28px;left:560px;top:212px;">$ </div><div id="a10897" style="position:absolute;font-family:'Arial';font-size:13.28px;left:665px;top:212px;">7,539</div><div id="a10899" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:229px;">Dividends on series B preferred shares </div><div id="a10902" style="position:absolute;font-family:'Arial';font-size:13.28px;left:517px;top:229px;display:flex;">(2,884)</div><div id="a10905" style="position:absolute;font-family:'Arial';font-size:13.28px;left:660px;top:229px;display:flex;">(2,884)</div><div id="a10907" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:247px;">Adjusted net income attributable to common stockholders </div><div id="a10909" style="position:absolute;font-family:'Arial';font-size:13.28px;left:421px;top:247px;">$ </div><div id="a10911" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:514px;top:247px;">47,024</div><div id="a10913" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:247px;">$ </div><div id="a10915" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:665px;top:247px;">4,655</div><div id="a10922" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:274px;">Weighted average number of common shares, basic </div><div id="a10925" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:274px;">113,219,648</div><div id="a10928" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:274px;">110,095,604</div><div id="a10930" style="position:absolute;font-family:'Arial';font-size:13.28px;left:23px;top:291px;">Restricted shares </div><div id="a10933" style="position:absolute;font-family:'Arial';font-size:13.28px;left:507px;top:291px;">364,915</div><div id="a10936" style="position:absolute;font-family:'Arial';font-size:13.28px;left:694px;top:291px;">-</div><div id="a10938" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:308px;">Total incremental<div style="display:inline-block;width:5px;white-space:pre"> </div>shares from dilutive instruments </div><div id="a10941" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:507px;top:308px;">364,915</div><div id="a10944" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:694px;top:308px;">-</div><div id="a10946" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:326px;">Weighted average number of common shares, diluted<div style="display:inline-block;width:5px;white-space:pre"> </div></div><div id="a10949" style="position:absolute;font-family:'Arial';font-size:13.28px;left:481px;top:326px;">113,584,563</div><div id="a10952" style="position:absolute;font-family:'Arial';font-size:13.28px;left:624px;top:326px;">110,095,604</div><div id="a10954" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:345px;">Earnings per common share, diluted </div><div id="a10956" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:421px;top:345px;">$ </div><div id="a10958" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:529px;top:345px;">0.41</div><div id="a10960" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:560px;top:345px;">$ </div><div id="a10962" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:672px;top:345px;">0.04</div></div></div> 49908000 7539000 2884000 2884000 47024000 4655000 113219648 110095604 0.42 0.04 49908000 7539000 2884000 2884000 47024000 4655000 113219648 110095604 364915 0 364915 0 113584563 110095604 0.41 0.04 <div id="TextBlockContainer160" style="position:relative;line-height:normal;width:706px;height:323px;"><div id="TextContainer160" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a10981" style="position:absolute;font-family:'Arial';font-size:16px;font-weight:bold;left:6px;top:0px;">13.<div style="display:inline-block;width:16px;white-space:pre"> </div>Financial Instruments and Fair Value Disclosures </div><div id="a10986" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:6px;top:35px;">Interest rate risk and concentration of credit risk</div><div id="a10989" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:69px;">Financial<div style="display:inline-block;width:8px;white-space:pre"> </div>instruments<div style="display:inline-block;width:9px;white-space:pre"> </div>that<div style="display:inline-block;width:9px;white-space:pre"> </div>potentially<div style="display:inline-block;width:8px;white-space:pre"> </div>subject<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>Company<div style="display:inline-block;width:9px;white-space:pre"> </div>to<div style="display:inline-block;width:9px;white-space:pre"> </div>concentrations<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>credit<div style="display:inline-block;width:9px;white-space:pre"> </div>risk<div style="display:inline-block;width:8px;white-space:pre"> </div>consist </div><div id="a11015" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:86px;">primarily<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>cash<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>cash<div style="display:inline-block;width:8px;white-space:pre"> </div>equivalents,<div style="display:inline-block;width:8px;white-space:pre"> </div>time<div style="display:inline-block;width:8px;white-space:pre"> </div>deposits<div style="display:inline-block;width:8px;white-space:pre"> </div>and<div style="display:inline-block;width:8px;white-space:pre"> </div>accounts<div style="display:inline-block;width:8px;white-space:pre"> </div>receivable,<div style="display:inline-block;width:8px;white-space:pre"> </div>trade<div style="display:inline-block;width:8px;white-space:pre"> </div>arising<div style="display:inline-block;width:8px;white-space:pre"> </div>from </div><div id="a11043" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:103px;">operating<div style="display:inline-block;width:6px;white-space:pre"> </div>leases.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>ability<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>willingness<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>each<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>counterparties<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>perform<div style="display:inline-block;width:6px;white-space:pre"> </div>their </div><div id="a11074" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:119px;">obligations<div style="display:inline-block;width:6px;white-space:pre"> </div>under<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>contract<div style="display:inline-block;width:6px;white-space:pre"> </div>depend<div style="display:inline-block;width:6px;white-space:pre"> </div>upon<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>number<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>factors<div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>are<div style="display:inline-block;width:6px;white-space:pre"> </div>beyond<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>control </div><div id="a11106" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:136px;">and may<div style="display:inline-block;width:6px;white-space:pre"> </div>include, among other<div style="display:inline-block;width:6px;white-space:pre"> </div>things, general<div style="display:inline-block;width:6px;white-space:pre"> </div>economic conditions, the<div style="display:inline-block;width:6px;white-space:pre"> </div>state of<div style="display:inline-block;width:5px;white-space:pre"> </div>the capital<div style="display:inline-block;width:6px;white-space:pre"> </div>markets, the </div><div id="a11138" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:153px;">condition<div style="display:inline-block;width:9px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>shipping<div style="display:inline-block;width:9px;white-space:pre"> </div>industry<div style="display:inline-block;width:9px;white-space:pre"> </div>and<div style="display:inline-block;width:9px;white-space:pre"> </div>charter<div style="display:inline-block;width:9px;white-space:pre"> </div>hire<div style="display:inline-block;width:9px;white-space:pre"> </div>rates. The<div style="display:inline-block;width:9px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:9px;white-space:pre"> </div>credit<div style="display:inline-block;width:9px;white-space:pre"> </div>risk<div style="display:inline-block;width:9px;white-space:pre"> </div>with<div style="display:inline-block;width:9px;white-space:pre"> </div>financial </div><div id="a11168" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:170px;">institutions<div style="display:inline-block;width:6px;white-space:pre"> </div>is<div style="display:inline-block;width:6px;white-space:pre"> </div>limited<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>it<div style="display:inline-block;width:6px;white-space:pre"> </div>has<div style="display:inline-block;width:6px;white-space:pre"> </div>temporary<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>investments,<div style="display:inline-block;width:6px;white-space:pre"> </div>consisting<div style="display:inline-block;width:6px;white-space:pre"> </div>mostly<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>deposits,<div style="display:inline-block;width:6px;white-space:pre"> </div>placed<div style="display:inline-block;width:6px;white-space:pre"> </div>with </div><div id="a11198" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:187px;">various qualified<div style="display:inline-block;width:6px;white-space:pre"> </div>financial institutions<div style="display:inline-block;width:6px;white-space:pre"> </div>and performs<div style="display:inline-block;width:6px;white-space:pre"> </div>periodic evaluations<div style="display:inline-block;width:6px;white-space:pre"> </div>of the<div style="display:inline-block;width:6px;white-space:pre"> </div>relative credit<div style="display:inline-block;width:6px;white-space:pre"> </div>standing of </div><div id="a11226" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:204px;">those<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>institutions.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>Company<div style="display:inline-block;width:7px;white-space:pre"> </div>limits<div style="display:inline-block;width:7px;white-space:pre"> </div>its<div style="display:inline-block;width:7px;white-space:pre"> </div>credit<div style="display:inline-block;width:7px;white-space:pre"> </div>risk<div style="display:inline-block;width:7px;white-space:pre"> </div>with<div style="display:inline-block;width:7px;white-space:pre"> </div>accounts<div style="display:inline-block;width:7px;white-space:pre"> </div>receivable<div style="display:inline-block;width:7px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>performing </div><div id="a11254" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:221px;">ongoing<div style="display:inline-block;width:7px;white-space:pre"> </div>credit<div style="display:inline-block;width:7px;white-space:pre"> </div>evaluations<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>its<div style="display:inline-block;width:7px;white-space:pre"> </div>customers’<div style="display:inline-block;width:7px;white-space:pre"> </div>financial<div style="display:inline-block;width:7px;white-space:pre"> </div>condition<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:7px;white-space:pre"> </div>by<div style="display:inline-block;width:7px;white-space:pre"> </div>receiving<div style="display:inline-block;width:7px;white-space:pre"> </div>payments<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:7px;white-space:pre"> </div>hire<div style="display:inline-block;width:7px;white-space:pre"> </div>in </div><div id="a11284" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:238px;">advance.<div style="display:inline-block;width:6px;white-space:pre"> </div>The<div style="display:inline-block;width:6px;white-space:pre"> </div>Company,<div style="display:inline-block;width:6px;white-space:pre"> </div>generally,<div style="display:inline-block;width:7px;white-space:pre"> </div>does<div style="display:inline-block;width:6px;white-space:pre"> </div>not require<div style="display:inline-block;width:7px;white-space:pre"> </div>collateral<div style="display:inline-block;width:5px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:5px;white-space:pre"> </div>accounts receivable<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>does not </div><div id="a11314" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:254px;">have any agreements to mitigate credit risk.<div style="display:inline-block;width:3px;white-space:pre"> </div></div><div id="a11330" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:288px;">During the<div style="display:inline-block;width:6px;white-space:pre"> </div>six months<div style="display:inline-block;width:6px;white-space:pre"> </div>ended June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026<div style="display:inline-block;width:6px;white-space:pre"> </div>and 2025<div style="display:inline-block;width:6px;white-space:pre"> </div>charterers that<div style="display:inline-block;width:6px;white-space:pre"> </div>individually accounted<div style="display:inline-block;width:6px;white-space:pre"> </div>for </div><div id="a11330_94_2" style="position:absolute;font-family:'Arial';font-size:14.72px;left:642px;top:288px;">10</div><div id="a11330_96_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:659px;top:288px;">% or </div><div id="a11364" style="position:absolute;font-family:'Arial';font-size:14.72px;left:6px;top:305px;">more of the Company’s time charter revenues were as follows:</div></div></div><div id="TextBlockContainer166" style="position:relative;line-height:normal;width:710px;height:86px;"><div id="div_163_XBRL_TS_815bcbebf9344df19c6a7a553c7a5e4b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer164" style="position:relative;line-height:normal;width:710px;height:86px;"><div style="position:absolute; width:406.8px; height:1px; left:2.1px; top:16.7px; background-color:#000000; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:428.1px; top:16.7px; background-color:#000000; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:569.7px; top:16.7px; background-color:#000000; "> </div> <div id="TextContainer164" style="position:relative;width:710px;z-index:1;font-size:10.72px;"><div id="a11385" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Charterer </div><div id="a11388" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:478px;top:0px;">2026 </div><div id="a11391" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:620px;top:0px;">2025 </div><div id="a11393" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:19px;">Nippon Yusen Kaisha </div><div id="a11396" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:19px;display:flex;">10%</div><div id="a11399" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:19px;display:flex;">18%</div><div id="a11401" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:36px;">Cargill </div><div id="a11404" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:36px;display:flex;">11%</div><div id="a11407" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:36px;display:flex;">12%</div><div id="a11409" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:53px;">Swissmarine </div><div id="a11412" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:53px;display:flex;">16%</div><div id="a11415" style="position:absolute;font-family:'Arial';font-size:13.28px;left:692px;top:53px;">* </div><div id="a11417" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:70px;">Bunge </div><div id="a11420" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:70px;display:flex;">11%</div><div id="a11423" style="position:absolute;font-family:'Arial';font-size:13.28px;left:692px;top:70px;">*</div></div></div></div></div><div id="TextBlockContainer169" style="position:relative;line-height:normal;width:704px;height:322px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:416.2px; background-color:#000000; "> </div> <div id="TextContainer169" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a11426" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:0px;">The Company is exposed to interest rate risk on its borrowings with variable interest rates. This exposure </div><div id="a11436" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:17px;">is<div style="display:inline-block;width:6px;white-space:pre"> </div>partly<div style="display:inline-block;width:6px;white-space:pre"> </div>mitigated<div style="display:inline-block;width:6px;white-space:pre"> </div>through<div style="display:inline-block;width:6px;white-space:pre"> </div>fixed-rate<div style="display:inline-block;width:6px;white-space:pre"> </div>indebtedness<div style="display:inline-block;width:6px;white-space:pre"> </div>including<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>bond<div style="display:inline-block;width:6px;white-space:pre"> </div>(Note<div style="display:inline-block;width:6px;white-space:pre"> </div>7),<div style="display:inline-block;width:6px;white-space:pre"> </div>an<div style="display:inline-block;width:6px;white-space:pre"> </div>interest </div><div id="a11445" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:34px;">rate swap with DNB (Note 7) and finance liabilities that bear fixed rates (Note<div style="display:inline-block;width:3px;white-space:pre"> </div>8). </div><div id="a11451" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:68px;">Fair value of assets and liabilities </div><div id="a11456" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:101px;">The<div style="display:inline-block;width:9px;white-space:pre"> </div>carrying<div style="display:inline-block;width:8px;white-space:pre"> </div>values<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:9px;white-space:pre"> </div>financial<div style="display:inline-block;width:8px;white-space:pre"> </div>assets<div style="display:inline-block;width:9px;white-space:pre"> </div>reflected<div style="display:inline-block;width:8px;white-space:pre"> </div>in<div style="display:inline-block;width:9px;white-space:pre"> </div>the<div style="display:inline-block;width:9px;white-space:pre"> </div>accompanying<div style="display:inline-block;width:8px;white-space:pre"> </div>consolidated<div style="display:inline-block;width:8px;white-space:pre"> </div>balance<div style="display:inline-block;width:8px;white-space:pre"> </div>sheet </div><div id="a11459" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:118px;">approximate their fair values due to the short-term nature and high liquidity of these financial instruments. </div><div id="a11467" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:135px;">Cash<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>cash<div style="display:inline-block;width:6px;white-space:pre"> </div>equivalents<div style="display:inline-block;width:6px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>restricted<div style="display:inline-block;width:6px;white-space:pre"> </div>cash are<div style="display:inline-block;width:7px;white-space:pre"> </div>classified<div style="display:inline-block;width:6px;white-space:pre"> </div>as<div style="display:inline-block;width:6px;white-space:pre"> </div>Level 1 instruments as<div style="display:inline-block;width:7px;white-space:pre"> </div>they<div style="display:inline-block;width:6px;white-space:pre"> </div>represent </div><div id="a11476" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:152px;">liquid assets<div style="display:inline-block;width:6px;white-space:pre"> </div>with short-term<div style="display:inline-block;width:6px;white-space:pre"> </div>maturity.<div style="display:inline-block;width:6px;white-space:pre"> </div>The fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value of<div style="display:inline-block;width:6px;white-space:pre"> </div>long-term bank<div style="display:inline-block;width:6px;white-space:pre"> </div>loans with<div style="display:inline-block;width:6px;white-space:pre"> </div>variable interest<div style="display:inline-block;width:6px;white-space:pre"> </div>rates </div><div id="a11485" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:169px;">approximates<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>recorded<div style="display:inline-block;width:8px;white-space:pre"> </div>values,<div style="display:inline-block;width:8px;white-space:pre"> </div>as<div style="display:inline-block;width:8px;white-space:pre"> </div>their<div style="display:inline-block;width:8px;white-space:pre"> </div>interest<div style="display:inline-block;width:8px;white-space:pre"> </div>rates<div style="display:inline-block;width:8px;white-space:pre"> </div>adjust<div style="display:inline-block;width:8px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>market-observable<div style="display:inline-block;width:8px;white-space:pre"> </div>rates.<div style="display:inline-block;width:8px;white-space:pre"> </div>These </div><div id="a11493" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:186px;">instruments are classified<div style="display:inline-block;width:6px;white-space:pre"> </div>within Level 2<div style="display:inline-block;width:6px;white-space:pre"> </div>of the fair<div style="display:inline-block;width:6px;white-space:pre"> </div>value hierarchy.<div style="display:inline-block;width:6px;white-space:pre"> </div>As of June<div style="display:inline-block;width:6px;white-space:pre"> </div>30, 2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s </div><div id="a11501" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:202px;">lease liabilities had a carrying value of $</div><div id="a11501_43_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:265px;top:202px;">109,073</div><div id="a11501_50_31" style="position:absolute;font-family:'Arial';font-size:14.72px;left:318px;top:202px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>(Note 8) and a fair value of $</div><div id="a11501_81_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:508px;top:202px;">106,159</div><div id="a11501_88_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:561px;top:202px;">.<div style="display:inline-block;width:4px;white-space:pre"> </div></div><div id="a11520" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:236px;">Fair value measurements disclosed<div style="display:inline-block;width:39px;white-space:pre"> </div></div><div id="a11530" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:270px;">As<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:5px;white-space:pre"> </div>June<div style="display:inline-block;width:6px;white-space:pre"> </div>30,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>Bond<div style="display:inline-block;width:6px;white-space:pre"> </div>which bears<div style="display:inline-block;width:7px;white-space:pre"> </div>a fixed<div style="display:inline-block;width:7px;white-space:pre"> </div>interest rate<div style="display:inline-block;width:7px;white-space:pre"> </div>and<div style="display:inline-block;width:6px;white-space:pre"> </div>had<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>carrying value<div style="display:inline-block;width:7px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a11530_93_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:636px;top:270px;">175,000</div><div id="a11540" style="position:absolute;font-family:'Arial';font-size:14.72px;left:5px;top:287px;">(Note 7), had a fair value of $</div><div id="a11540_31_7" style="position:absolute;font-family:'Arial';font-size:14.72px;left:196px;top:287px;">180,688</div><div id="a11540_38_62" style="position:absolute;font-family:'Arial';font-size:14.72px;left:249px;top:287px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>determined using Level 1 inputs of the fair value hierarchy. </div></div></div><div id="TextBlockContainer172" style="position:relative;line-height:normal;width:236px;height:18px;"><div id="TextContainer172" style="position:relative;width:236px;z-index:1;font-size:10.72px;"><div id="a11570" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">Other Fair value measurements</div></div></div><div id="TextBlockContainer178" style="position:relative;line-height:normal;width:706px;height:489px;"><div id="div_175_XBRL_TS_75278bc02d734e10891514960988f06b" style="position:absolute;left:0px;top:0px;float:left;"><div id="TextBlockContainer176" style="position:relative;line-height:normal;width:706px;height:489px;"><div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:585.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:15.4px; height:1px; left:586.5px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:601.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:602.5px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:604.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:601.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:14.7px; left:4.8px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:13.8px; left:4.8px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:267.7px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:14.7px; left:279.7px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:369.8px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:381.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:477.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:489.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:14.7px; left:585.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:601.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:267.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:369.8px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:477.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:16px; height:1.3px; left:585.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:601.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:585.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:15.4px; height:1px; left:586.5px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:601.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:602.5px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.7px; height:13.8px; left:270.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:13.8px; left:372.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:13.8px; left:480.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:13.8px; left:588.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:604.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:601.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:14.7px; left:4.8px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:13.8px; left:4.8px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:267.7px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:14.7px; left:279.7px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:369.8px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:381.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:477.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:489.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:14.7px; left:585.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:601.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:267.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:369.8px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:477.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:16px; height:1.3px; left:585.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:601.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:471.2px; background-color:#000000; "> </div> <div id="TextContainer176" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a11582" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:285px;top:28px;">December 31, </div><div id="a11583" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:311px;top:41px;">2025 </div><div id="a11586" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:389px;top:0px;">Quoted Prices </div><div id="a11587" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:14px;">in Active </div><div id="a11588" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:407px;top:28px;">Markets </div><div id="a11590" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:41px;">(Level 1) </div><div id="a11593" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:507px;top:0px;">Significant </div><div id="a11594" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:521px;top:14px;">Other </div><div id="a11595" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:505px;top:28px;">Observable </div><div id="a11596" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:493px;top:41px;">Inputs (Level 2) </div><div id="a11599" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:619px;top:0px;">Significant </div><div id="a11600" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:634px;top:14px;">Other </div><div id="a11601" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:617px;top:28px;">Observable </div><div id="a11602" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:606px;top:41px;">Inputs (Level 3) </div><div id="a11604" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:57px;">Assets </div><div id="a11614" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:73px;">Recurring fair value measurements </div><div id="a11624" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:89px;">Investments in equity securities </div><div id="a11626" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:89px;">$ </div><div id="a11628" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:89px;">118,194</div><div id="a11630" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:89px;">$ </div><div id="a11632" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:89px;">118,194</div><div id="a11634" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:89px;">$ </div><div id="a11636" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:89px;">-</div><div id="a11638" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:89px;">$ </div><div id="a11640" style="position:absolute;font-family:'Arial';font-size:12px;left:687px;top:89px;">-</div><div id="a11642" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:105px;">Investments in a related party </div><div id="a11645" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:105px;">338</div><div id="a11648" style="position:absolute;font-family:'Arial';font-size:12px;left:451px;top:105px;">158</div><div id="a11651" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:105px;">-</div><div id="a11654" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:105px;">180</div><div id="a11656" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:121px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11658" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:121px;">$ </div><div id="a11660" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:121px;">118,532</div><div id="a11662" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:121px;">$ </div><div id="a11664" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:121px;">118,352</div><div id="a11666" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:121px;">$ </div><div id="a11668" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:121px;">-</div><div id="a11670" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:121px;">$ </div><div id="a11672" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:121px;">180</div><div id="a11683" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:153px;">Liabilities </div><div id="a11693" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:169px;">Recurring fair value measurements </div><div id="a11703" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:185px;">Warrant liability </div><div id="a11705" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:185px;">$ </div><div id="a11707" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:185px;">1,330</div><div id="a11709" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:185px;">$ </div><div id="a11711" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:185px;">1,330</div><div id="a11713" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:185px;">$ </div><div id="a11715" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:185px;">-</div><div id="a11719" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:201px;">Interest rate swap, liability </div><div id="a11722" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:201px;">361</div><div id="a11725" style="position:absolute;font-family:'Arial';font-size:12px;left:467px;top:201px;">-</div><div id="a11728" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:201px;">361</div><div id="a11732" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:217px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11734" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:217px;">$ </div><div id="a11736" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:217px;">1,691</div><div id="a11738" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:217px;">$ </div><div id="a11740" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:217px;">1,330</div><div id="a11742" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:217px;">$ </div><div id="a11744" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:217px;">361</div><div id="a11759" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:285px;top:297px;">June 30, 2026 </div><div id="a11762" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:389px;top:256px;">Quoted Prices </div><div id="a11763" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:270px;">in Active </div><div id="a11764" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:407px;top:284px;">Markets </div><div id="a11766" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:297px;">(Level 1) </div><div id="a11769" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:507px;top:256px;">Significant </div><div id="a11770" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:521px;top:270px;">Other </div><div id="a11771" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:505px;top:284px;">Observable </div><div id="a11772" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:493px;top:297px;">Inputs (Level 2) </div><div id="a11775" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:619px;top:256px;">Significant </div><div id="a11776" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:634px;top:270px;">Other </div><div id="a11777" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:617px;top:284px;">Observable </div><div id="a11778" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:606px;top:297px;">Inputs (Level 3) </div><div id="a11780" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:313px;">Assets </div><div id="a11790" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:329px;">Recurring fair value measurements </div><div id="a11800" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:345px;">Investments in equity securities </div><div id="a11803" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:345px;">155,235</div><div id="a11806" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:345px;">155,235</div><div id="a11809" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:345px;">-</div><div id="a11812" style="position:absolute;font-family:'Arial';font-size:12px;left:687px;top:345px;">-</div><div id="a11814" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:361px;">Investments in related party </div><div id="a11816" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:361px;">$ </div><div id="a11818" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:361px;">237</div><div id="a11820" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:361px;">$ </div><div id="a11822" style="position:absolute;font-family:'Arial';font-size:12px;left:458px;top:361px;">57</div><div id="a11824" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:361px;">$ </div><div id="a11826" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:361px;">-</div><div id="a11828" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:361px;">$ </div><div id="a11830" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:361px;">180</div><div id="a11832" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:378px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11834" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:378px;">$ </div><div id="a11836" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:378px;">155,472</div><div id="a11838" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:378px;">$ </div><div id="a11840" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:378px;">155,292</div><div id="a11842" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:378px;">$ </div><div id="a11844" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:378px;">-</div><div id="a11846" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:378px;">$ </div><div id="a11848" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:378px;">180</div><div id="a11859" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:410px;">Liabilities </div><div id="a11869" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:426px;">Recurring fair value measurements </div><div id="a11879" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:442px;">Warrant liability </div><div id="a11881" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:442px;">$ </div><div id="a11883" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:442px;">2,352</div><div id="a11885" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:442px;">$ </div><div id="a11887" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:442px;">2,352</div><div id="a11889" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:442px;">$ </div><div id="a11891" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:442px;">-</div><div id="a11895" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:458px;">Interest rate swap, liability </div><div id="a11898" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:458px;">109</div><div id="a11901" style="position:absolute;font-family:'Arial';font-size:12px;left:467px;top:458px;">-</div><div id="a11904" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:458px;">109</div><div id="a11908" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:474px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11910" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:474px;">$ </div><div id="a11912" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:474px;">2,461</div><div id="a11914" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:474px;">$ </div><div id="a11916" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:474px;">2,352</div><div id="a11918" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:474px;">$ </div><div id="a11920" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:474px;">109</div></div></div></div></div> 0.10 0.10 <div id="TextBlockContainer164" style="position:relative;line-height:normal;width:710px;height:86px;"><div style="position:absolute; width:406.8px; height:1px; left:2.1px; top:16.7px; background-color:#000000; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:428.1px; top:16.7px; background-color:#000000; "> </div> <div style="position:absolute; width:129.6px; height:1px; left:569.7px; top:16.7px; background-color:#000000; "> </div> <div id="TextContainer164" style="position:relative;width:710px;z-index:1;font-size:10.72px;"><div id="a11385" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Charterer </div><div id="a11388" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:478px;top:0px;">2026 </div><div id="a11391" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:620px;top:0px;">2025 </div><div id="a11393" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:19px;">Nippon Yusen Kaisha </div><div id="a11396" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:19px;display:flex;">10%</div><div id="a11399" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:19px;display:flex;">18%</div><div id="a11401" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:36px;">Cargill </div><div id="a11404" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:36px;display:flex;">11%</div><div id="a11407" style="position:absolute;font-family:'Arial';font-size:13.28px;left:670px;top:36px;display:flex;">12%</div><div id="a11409" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:53px;">Swissmarine </div><div id="a11412" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:53px;display:flex;">16%</div><div id="a11415" style="position:absolute;font-family:'Arial';font-size:13.28px;left:692px;top:53px;">* </div><div id="a11417" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:70px;">Bunge </div><div id="a11420" style="position:absolute;font-family:'Arial';font-size:13.28px;left:529px;top:70px;display:flex;">11%</div><div id="a11423" style="position:absolute;font-family:'Arial';font-size:13.28px;left:692px;top:70px;">*</div></div></div> 0.0010 0.0018 0.0011 0.0012 0.0016 0.0011 109073000 106159000 175000000 180688000 <div id="TextBlockContainer176" style="position:relative;line-height:normal;width:706px;height:489px;"><div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:585.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:15.4px; height:1px; left:586.5px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:601.9px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:602.5px; top:55.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:71.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:73.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:103.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:604.6px; top:105.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:601.9px; top:119.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:14.7px; left:4.8px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:13.8px; left:4.8px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:267.7px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:14.7px; left:279.7px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:369.8px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:381.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:477.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:489.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:14.7px; left:585.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:601.9px; top:136.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:137.3px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:267.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:369.8px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:477.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:16px; height:1.3px; left:585.9px; top:135.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:601.9px; top:135.7px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:167.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:169.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:199.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:201.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:215.1px; background-color:#000000; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:231.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:585.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:15.4px; height:1px; left:586.5px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:1px; height:1px; left:601.9px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:95.4px; height:1px; left:602.5px; top:311.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:327.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:329.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.7px; height:13.8px; left:270.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:13.8px; left:372.5px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:2.6px; height:13.8px; left:480.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:6.6px; height:13.8px; left:588.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:359.1px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:604.6px; top:361.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:601.9px; top:375.1px; background-color:#000000; "> </div> <div style="position:absolute; width:262.9px; height:14.7px; left:4.8px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:13.8px; left:4.8px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:267.7px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:14.7px; left:279.7px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:369.8px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:381.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:14.7px; left:477.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:489.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:14.7px; left:585.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:14.7px; left:601.9px; top:392.5px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:393.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1.3px; left:4.8px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:267.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:89.9px; height:1.3px; left:279.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:369.8px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:381.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:12px; height:1.3px; left:477.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:489.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:16px; height:1.3px; left:585.9px; top:391.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:1.3px; left:601.9px; top:391.8px; border-top: 1.3px dotted #000000; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:13.8px; left:279.7px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:381.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:489.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:423.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:425.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:262.9px; height:16px; left:4.8px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:257.8px; height:13.8px; left:7.4px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:267.7px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:267.7px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:90.1px; height:16px; left:279.7px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:80.6px; height:13.8px; left:282.5px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:369.8px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:369.8px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:381.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:384.6px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:16px; left:477.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:12px; height:13.8px; left:477.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:489.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:86.6px; height:13.8px; left:492.6px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:16px; left:585.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:16px; height:13.8px; left:585.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:16px; left:601.9px; top:455.2px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:96px; height:13.8px; left:601.9px; top:457.4px; background-color:#CCEEFF; "> </div> <div style="position:absolute; width:263.1px; height:1px; left:4.8px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:89.9px; height:1px; left:279.9px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:381.9px; top:471.2px; background-color:#000000; "> </div> <div style="position:absolute; width:96px; height:1px; left:489.9px; top:471.2px; background-color:#000000; "> </div> <div id="TextContainer176" style="position:relative;width:706px;z-index:1;font-size:10.72px;"><div id="a11582" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:285px;top:28px;">December 31, </div><div id="a11583" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:311px;top:41px;">2025 </div><div id="a11586" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:389px;top:0px;">Quoted Prices </div><div id="a11587" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:14px;">in Active </div><div id="a11588" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:407px;top:28px;">Markets </div><div id="a11590" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:41px;">(Level 1) </div><div id="a11593" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:507px;top:0px;">Significant </div><div id="a11594" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:521px;top:14px;">Other </div><div id="a11595" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:505px;top:28px;">Observable </div><div id="a11596" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:493px;top:41px;">Inputs (Level 2) </div><div id="a11599" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:619px;top:0px;">Significant </div><div id="a11600" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:634px;top:14px;">Other </div><div id="a11601" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:617px;top:28px;">Observable </div><div id="a11602" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:606px;top:41px;">Inputs (Level 3) </div><div id="a11604" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:57px;">Assets </div><div id="a11614" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:73px;">Recurring fair value measurements </div><div id="a11624" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:89px;">Investments in equity securities </div><div id="a11626" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:89px;">$ </div><div id="a11628" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:89px;">118,194</div><div id="a11630" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:89px;">$ </div><div id="a11632" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:89px;">118,194</div><div id="a11634" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:89px;">$ </div><div id="a11636" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:89px;">-</div><div id="a11638" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:89px;">$ </div><div id="a11640" style="position:absolute;font-family:'Arial';font-size:12px;left:687px;top:89px;">-</div><div id="a11642" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:105px;">Investments in a related party </div><div id="a11645" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:105px;">338</div><div id="a11648" style="position:absolute;font-family:'Arial';font-size:12px;left:451px;top:105px;">158</div><div id="a11651" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:105px;">-</div><div id="a11654" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:105px;">180</div><div id="a11656" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:121px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11658" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:121px;">$ </div><div id="a11660" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:121px;">118,532</div><div id="a11662" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:121px;">$ </div><div id="a11664" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:121px;">118,352</div><div id="a11666" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:121px;">$ </div><div id="a11668" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:121px;">-</div><div id="a11670" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:121px;">$ </div><div id="a11672" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:121px;">180</div><div id="a11683" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:153px;">Liabilities </div><div id="a11693" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:169px;">Recurring fair value measurements </div><div id="a11703" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:185px;">Warrant liability </div><div id="a11705" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:185px;">$ </div><div id="a11707" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:185px;">1,330</div><div id="a11709" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:185px;">$ </div><div id="a11711" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:185px;">1,330</div><div id="a11713" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:185px;">$ </div><div id="a11715" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:185px;">-</div><div id="a11719" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:201px;">Interest rate swap, liability </div><div id="a11722" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:201px;">361</div><div id="a11725" style="position:absolute;font-family:'Arial';font-size:12px;left:467px;top:201px;">-</div><div id="a11728" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:201px;">361</div><div id="a11732" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:217px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11734" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:217px;">$ </div><div id="a11736" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:217px;">1,691</div><div id="a11738" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:217px;">$ </div><div id="a11740" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:217px;">1,330</div><div id="a11742" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:217px;">$ </div><div id="a11744" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:217px;">361</div><div id="a11759" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:285px;top:297px;">June 30, 2026 </div><div id="a11762" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:389px;top:256px;">Quoted Prices </div><div id="a11763" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:270px;">in Active </div><div id="a11764" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:407px;top:284px;">Markets </div><div id="a11766" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:405px;top:297px;">(Level 1) </div><div id="a11769" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:507px;top:256px;">Significant </div><div id="a11770" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:521px;top:270px;">Other </div><div id="a11771" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:505px;top:284px;">Observable </div><div id="a11772" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:493px;top:297px;">Inputs (Level 2) </div><div id="a11775" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:619px;top:256px;">Significant </div><div id="a11776" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:634px;top:270px;">Other </div><div id="a11777" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:617px;top:284px;">Observable </div><div id="a11778" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:606px;top:297px;">Inputs (Level 3) </div><div id="a11780" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:313px;">Assets </div><div id="a11790" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:329px;">Recurring fair value measurements </div><div id="a11800" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:345px;">Investments in equity securities </div><div id="a11803" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:345px;">155,235</div><div id="a11806" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:345px;">155,235</div><div id="a11809" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:345px;">-</div><div id="a11812" style="position:absolute;font-family:'Arial';font-size:12px;left:687px;top:345px;">-</div><div id="a11814" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:361px;">Investments in related party </div><div id="a11816" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:361px;">$ </div><div id="a11818" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:361px;">237</div><div id="a11820" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:361px;">$ </div><div id="a11822" style="position:absolute;font-family:'Arial';font-size:12px;left:458px;top:361px;">57</div><div id="a11824" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:361px;">$ </div><div id="a11826" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:361px;">-</div><div id="a11828" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:361px;">$ </div><div id="a11830" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:361px;">180</div><div id="a11832" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:378px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11834" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:378px;">$ </div><div id="a11836" style="position:absolute;font-family:'Arial';font-size:12px;left:319px;top:378px;">155,472</div><div id="a11838" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:378px;">$ </div><div id="a11840" style="position:absolute;font-family:'Arial';font-size:12px;left:428px;top:378px;">155,292</div><div id="a11842" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:378px;">$ </div><div id="a11844" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:378px;">-</div><div id="a11846" style="position:absolute;font-family:'Arial';font-size:12px;left:588px;top:378px;">$ </div><div id="a11848" style="position:absolute;font-family:'Arial';font-size:12px;left:671px;top:378px;">180</div><div id="a11859" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:410px;">Liabilities </div><div id="a11869" style="position:absolute;font-family:'Arial';font-size:12px;font-weight:bold;left:7px;top:426px;">Recurring fair value measurements </div><div id="a11879" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:442px;">Warrant liability </div><div id="a11881" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:442px;">$ </div><div id="a11883" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:442px;">2,352</div><div id="a11885" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:442px;">$ </div><div id="a11887" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:442px;">2,352</div><div id="a11889" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:442px;">$ </div><div id="a11891" style="position:absolute;font-family:'Arial';font-size:12px;left:575px;top:442px;">-</div><div id="a11895" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:458px;">Interest rate swap, liability </div><div id="a11898" style="position:absolute;font-family:'Arial';font-size:12px;left:343px;top:458px;">109</div><div id="a11901" style="position:absolute;font-family:'Arial';font-size:12px;left:467px;top:458px;">-</div><div id="a11904" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:458px;">109</div><div id="a11908" style="position:absolute;font-family:'Arial';font-size:12px;left:7px;top:474px;">Total<div style="display:inline-block;width:5px;white-space:pre"> </div>recurring fair value measurements </div><div id="a11910" style="position:absolute;font-family:'Arial';font-size:12px;left:270px;top:474px;">$ </div><div id="a11912" style="position:absolute;font-family:'Arial';font-size:12px;left:333px;top:474px;">2,461</div><div id="a11914" style="position:absolute;font-family:'Arial';font-size:12px;left:372px;top:474px;">$ </div><div id="a11916" style="position:absolute;font-family:'Arial';font-size:12px;left:441px;top:474px;">2,352</div><div id="a11918" style="position:absolute;font-family:'Arial';font-size:12px;left:480px;top:474px;">$ </div><div id="a11920" style="position:absolute;font-family:'Arial';font-size:12px;left:559px;top:474px;">109</div></div></div> 118194000 118194000 0 0 338000 158000 0 180000 118532000 118352000 0 180000 1330000 1330000 0 361000 0 361000 1691000 1330000 361000 155235000 155235000 0 0 237000 57000 0 180000 155472000 155292000 0 180000 2352000 2352000 0 109000 0 109000 2461000 2352000 109000 <div id="TextBlockContainer181" style="position:relative;line-height:normal;width:704px;height:288px;"><div style="position:absolute; width:687.7px; height:1px; left:3.9px; top:308.8px; background-color:#000000; "> </div> <div id="TextContainer181" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a11925" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;left:5px;top:0px;">14.<div style="display:inline-block;width:17px;white-space:pre"> </div>Subsequent Events </div><div id="a11930" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:34px;">a)</div><div id="a11931" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:28px;top:34px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels</div><div id="a11949" style="position:absolute;font-family:'Arial';font-size:14.72px;left:482px;top:34px;">: On July 8, 2026, the Company </div><div id="a11957" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:51px;">paid an advance for the construction of the vessels amounting to $</div><div id="a11957_66_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:471px;top:51px;">4,600</div><div id="a11957_71_11" style="position:absolute;font-family:'Arial';font-size:14.72px;left:507px;top:51px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>(Note 5). </div><div id="a11976" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:84px;">b)</div><div id="a11977" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:29px;top:84px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>Ecogas: </div><div id="a11979" style="position:absolute;font-family:'Arial';font-size:14.72px;left:102px;top:84px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>July<div style="display:inline-block;width:6px;white-space:pre"> </div>8,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:6px;white-space:pre"> </div>paid<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a11979_35_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:357px;top:84px;">2,740</div><div id="a11979_40_46" style="position:absolute;font-family:'Arial';font-size:14.72px;left:394px;top:84px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>Ecogas<div style="display:inline-block;width:6px;white-space:pre"> </div>(Note<div style="display:inline-block;width:6px;white-space:pre"> </div>3),<div style="display:inline-block;width:6px;white-space:pre"> </div>representing<div style="display:inline-block;width:6px;white-space:pre"> </div>part<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>its </div><div id="a11992" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:101px;">equity participation in funding the construction of the vessels.</div><div id="a11995" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:135px;">c)</div><div id="a11996" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:28px;top:135px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Bergen: </div><div id="a11998" style="position:absolute;font-family:'Arial';font-size:14.72px;left:100px;top:135px;">On<div style="display:inline-block;width:6px;white-space:pre"> </div>July<div style="display:inline-block;width:6px;white-space:pre"> </div>10,<div style="display:inline-block;width:6px;white-space:pre"> </div>2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company<div style="display:inline-block;width:5px;white-space:pre"> </div>received<div style="display:inline-block;width:6px;white-space:pre"> </div>a<div style="display:inline-block;width:6px;white-space:pre"> </div>dividend<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a11998_54_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:483px;top:135px;">375</div><div id="a11998_57_27" style="position:absolute;font-family:'Arial';font-size:14.72px;left:507px;top:135px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>that<div style="display:inline-block;width:6px;white-space:pre"> </div>had<div style="display:inline-block;width:6px;white-space:pre"> </div>been<div style="display:inline-block;width:6px;white-space:pre"> </div>declared<div style="display:inline-block;width:5px;white-space:pre"> </div>by </div><div id="a12010" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:152px;">Bergen on June 4, 2026 (Note 3)</div><div id="a12014" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:185px;">d)</div><div id="a12015" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:29px;top:185px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>Series B Preferred Stock Dividends</div><div id="a12025" style="position:absolute;font-family:'Arial';font-size:14.72px;left:287px;top:185px;">: On July 15, 2026,<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company paid a quarterly dividend on </div><div id="a12032" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:202px;">its<div style="display:inline-block;width:6px;white-space:pre"> </div>series<div style="display:inline-block;width:6px;white-space:pre"> </div>B<div style="display:inline-block;width:6px;white-space:pre"> </div>preferred stock,<div style="display:inline-block;width:7px;white-space:pre"> </div>amounting to<div style="display:inline-block;width:7px;white-space:pre"> </div>$</div><div id="a12032_44_9" style="position:absolute;font-family:'Arial';font-size:14.72px;left:329px;top:202px;">0.5546875</div><div id="a12032_53_16" style="position:absolute;font-family:'Arial';font-size:14.72px;left:398px;top:202px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>share,<div style="display:inline-block;width:6px;white-space:pre"> </div>or<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a12032_69_5" style="position:absolute;font-family:'Arial';font-size:14.72px;left:505px;top:202px;">1,442</div><div id="a12032_74_25" style="position:absolute;font-family:'Arial';font-size:14.72px;left:541px;top:202px;">,<div style="display:inline-block;width:6px;white-space:pre"> </div>to<div style="display:inline-block;width:6px;white-space:pre"> </div>its<div style="display:inline-block;width:6px;white-space:pre"> </div>stockholders of </div><div id="a12033" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:219px;">record as of July 14, 2026. </div><div id="a12040" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:253px;">e)</div><div id="a12041" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:28px;top:253px;"><div style="display:inline-block;width:11px;white-space:pre"> </div>Common<div style="display:inline-block;width:8px;white-space:pre"> </div>Stock<div style="display:inline-block;width:8px;white-space:pre"> </div>Dividend:</div><div id="a12043" style="position:absolute;font-family:'Arial';font-size:14.72px;left:226px;top:253px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>On<div style="display:inline-block;width:8px;white-space:pre"> </div>July<div style="display:inline-block;width:8px;white-space:pre"> </div>30,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026,<div style="display:inline-block;width:8px;white-space:pre"> </div>the<div style="display:inline-block;width:8px;white-space:pre"> </div>Company<div style="display:inline-block;width:8px;white-space:pre"> </div>declared<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>cash<div style="display:inline-block;width:8px;white-space:pre"> </div>dividend<div style="display:inline-block;width:8px;white-space:pre"> </div>on<div style="display:inline-block;width:8px;white-space:pre"> </div>its </div><div id="a12051" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:270px;">common<div style="display:inline-block;width:6px;white-space:pre"> </div>stock<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>$</div><div id="a12051_17_4" style="position:absolute;font-family:'Arial';font-size:14.72px;left:168px;top:270px;">0.01</div><div id="a12051_21_73" style="position:absolute;font-family:'Arial';font-size:14.72px;left:197px;top:270px;"><div style="display:inline-block;width:6px;white-space:pre"> </div>per<div style="display:inline-block;width:6px;white-space:pre"> </div>share,<div style="display:inline-block;width:6px;white-space:pre"> </div>based<div style="display:inline-block;width:6px;white-space:pre"> </div>on<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company’s<div style="display:inline-block;width:6px;white-space:pre"> </div>results<div style="display:inline-block;width:6px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>operations<div style="display:inline-block;width:6px;white-space:pre"> </div>for<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>quarter </div></div></div><div id="TextBlockContainer184" style="position:relative;line-height:normal;width:704px;height:204px;"><div id="TextContainer184" style="position:relative;width:704px;z-index:1;font-size:10.72px;"><div id="a12072" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:0px;">ended<div style="display:inline-block;width:7px;white-space:pre"> </div>June<div style="display:inline-block;width:7px;white-space:pre"> </div>30,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026.<div style="display:inline-block;width:7px;white-space:pre"> </div>The<div style="display:inline-block;width:7px;white-space:pre"> </div>cash<div style="display:inline-block;width:7px;white-space:pre"> </div>dividend<div style="display:inline-block;width:7px;white-space:pre"> </div>is<div style="display:inline-block;width:7px;white-space:pre"> </div>payable<div style="display:inline-block;width:7px;white-space:pre"> </div>on<div style="display:inline-block;width:7px;white-space:pre"> </div>or<div style="display:inline-block;width:7px;white-space:pre"> </div>around<div style="display:inline-block;width:7px;white-space:pre"> </div>September<div style="display:inline-block;width:7px;white-space:pre"> </div>11,<div style="display:inline-block;width:8px;white-space:pre"> </div>2026,<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:7px;white-space:pre"> </div>all </div><div id="a12082" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:17px;">shareholders of record as of August 26, 2026. </div><div id="a12089" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:51px;">f)</div><div id="a12090" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:25px;top:51px;"><div style="display:inline-block;width:14px;white-space:pre"> </div>DWM: </div><div id="a12093" style="position:absolute;font-family:'Arial';font-size:14.72px;left:86px;top:51px;">On<div style="display:inline-block;width:5px;white-space:pre"> </div>July 27,<div style="display:inline-block;width:7px;white-space:pre"> </div>2026, the<div style="display:inline-block;width:7px;white-space:pre"> </div>Company,<div style="display:inline-block;width:6px;white-space:pre"> </div>together with<div style="display:inline-block;width:6px;white-space:pre"> </div>an unrelated<div style="display:inline-block;width:6px;white-space:pre"> </div>third party,<div style="display:inline-block;width:8px;white-space:pre"> </div>entered into<div style="display:inline-block;width:7px;white-space:pre"> </div>a loan </div><div id="a12094" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:68px;">agreement with<div style="display:inline-block;width:6px;white-space:pre"> </div>DWM, pursuant<div style="display:inline-block;width:6px;white-space:pre"> </div>to which<div style="display:inline-block;width:6px;white-space:pre"> </div>the Company<div style="display:inline-block;width:6px;white-space:pre"> </div>advanced $</div><div id="a12094_60_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:485px;top:68px;">250</div><div id="a12094_63_29" style="position:absolute;font-family:'Arial';font-size:14.72px;left:509px;top:68px;"><div style="display:inline-block;width:5px;white-space:pre"> </div>to fund<div style="display:inline-block;width:6px;white-space:pre"> </div>the working<div style="display:inline-block;width:6px;white-space:pre"> </div>capital </div><div id="a12097" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:84px;">requirements<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>DWM. The<div style="display:inline-block;width:7px;white-space:pre"> </div>loan<div style="display:inline-block;width:5px;white-space:pre"> </div>matures<div style="display:inline-block;width:6px;white-space:pre"> </div>two<div style="display:inline-block;width:6px;white-space:pre"> </div>years<div style="display:inline-block;width:5px;white-space:pre"> </div>from<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>date<div style="display:inline-block;width:5px;white-space:pre"> </div>of<div style="display:inline-block;width:6px;white-space:pre"> </div>the<div style="display:inline-block;width:6px;white-space:pre"> </div>agreement, and<div style="display:inline-block;width:7px;white-space:pre"> </div>DWM<div style="display:inline-block;width:5px;white-space:pre"> </div>is </div><div id="a12098" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:101px;">obligated to repay<div style="display:inline-block;width:6px;white-space:pre"> </div>the outstanding principal balance,<div style="display:inline-block;width:6px;white-space:pre"> </div>together with accrued interest,<div style="display:inline-block;width:6px;white-space:pre"> </div>fees, costs and </div><div id="a12099" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:118px;">any other amounts payable under the facility, on or before the maturity date.</div><div id="a12102" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:15px;top:152px;">g)</div><div id="a12103" style="position:absolute;font-family:'Arial';font-size:14.72px;font-weight:bold;font-style:italic;left:29px;top:152px;"><div style="display:inline-block;width:10px;white-space:pre"> </div>OceanPal Series C Preferred<div style="display:inline-block;width:5px;white-space:pre"> </div>Stock: </div><div id="a12109" style="position:absolute;font-family:'Arial';font-size:14.72px;left:293px;top:152px;">On July 30, 2026, the<div style="display:inline-block;width:6px;white-space:pre"> </div>Company received $</div><div id="a12109_40_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:574px;top:152px;">290</div><div id="a12109_43_15" style="position:absolute;font-family:'Arial';font-size:14.72px;left:599px;top:152px;"><div style="display:inline-block;width:4px;white-space:pre"> </div>from the sale </div><div id="a12110" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:169px;">of<div style="display:inline-block;width:8px;white-space:pre"> </div>its </div><div id="a12110_7_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:81px;top:169px;">207</div><div id="a12110_10_81" style="position:absolute;font-family:'Arial';font-size:14.72px;left:106px;top:169px;"><div style="display:inline-block;width:8px;white-space:pre"> </div>Series<div style="display:inline-block;width:8px;white-space:pre"> </div>C<div style="display:inline-block;width:8px;white-space:pre"> </div>Convertible<div style="display:inline-block;width:8px;white-space:pre"> </div>Preferred<div style="display:inline-block;width:7px;white-space:pre"> </div>Shares<div style="display:inline-block;width:8px;white-space:pre"> </div>of<div style="display:inline-block;width:8px;white-space:pre"> </div>OceanPal,<div style="display:inline-block;width:8px;white-space:pre"> </div>pursuant<div style="display:inline-block;width:7px;white-space:pre"> </div>to<div style="display:inline-block;width:8px;white-space:pre"> </div>a<div style="display:inline-block;width:8px;white-space:pre"> </div>Stock<div style="display:inline-block;width:8px;white-space:pre"> </div>Purchase </div><div id="a12113" style="position:absolute;font-family:'Arial';font-size:14.72px;left:39px;top:186px;">Agreement it entered into with a related party, Sezali Inc. ("Sezali"), resulting in a gain of $</div><div id="a12113_96_3" style="position:absolute;font-family:'Arial';font-size:14.72px;left:623px;top:186px;">110</div><div id="a12113_99_1" style="position:absolute;font-family:'Arial';font-size:14.72px;left:648px;top:186px;">.</div></div></div> 4600000 2740000 375000 0.5546875 1442000 0.01 250000 290000 207 110000