	June 30,
	2026			2025

Net income / (loss)	$	35,894		$	(3,967	)
Less: Dividends to non-vested participating securities		(180	)		(66	)
Less: Undistributed earnings to non-vested participating securities		(573	)		-
Net income / (loss) attributable to common shareholders, basic	$	35,141		$	(4,033	)

Undistributed earnings to non-vested participating securities		573			-
Undistributed earnings reallocated to non-vested participating securities		(585	)		-
Net income / (loss) attributable to common shareholders, diluted	$	35,129		$	(4,033	)

Weighted average number of common shares outstanding, basic and diluted		21,019,838			20,255,507

Earnings / (loss) per share attributable to common shareholders, basic and diluted	$	1.67		$	(0.20	)

As of June 30, 2026, 560,250 non-vested participating shares under the Company’s Equity Incentive Plan were excluded from the computation of diluted shares as their effect was already considered under the more dilutive two-class method used above (Note 16).

As of June 30, 2025, 441,801 non-vested participating shares under the Company’s Equity Incentive Plan were excluded from the computation of diluted shares as their effect was already considered under the more dilutive two-class method used above (Note 16) and unexercised warrants were also excluded from the computation of diluted shares as their effect would be anti-dilutive due to the loss in the period.