FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2024
Commission File Number: 001-32458

DIANA SHIPPING INC.
(Translation of registrant's name into English)

Pendelis 16, 175 64 Palaio Faliro, Athens, Greece
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X] Form 40-F [ ]






INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated November 25, 2024 of Diana Shipping Inc. (the "Company"), announcing the Company’s financial results for the third quarter ended September 30, 2024.

The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company's registration statements on Form F-3 (File Nos. 333-266999 and 333-280693) that were filed with the U.S. Securities and Exchange Commission and became effective on September 16, 2022, and September 9, 2024, respectively.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
DIANA SHIPPING INC.
 
(registrant)
 
 
 
 
Dated: November 25, 2024
By:
/s/ Ioannis Zafirakis
 
 
Ioannis Zafirakis
 
 
Chief Financial Officer
 
 
 
 
 
 



Exhibit 99.1

 
Corporate Contact:
 
Ioannis Zafirakis
 
Director, Chief Financial Officer, Chief Strategy Officer, Treasurer and Secretary
 
Telephone: + 30-210-9470100
 
Email: izafirakis@dianashippinginc.com
 
Website: www.dianashippinginc.com
 
X: @Dianaship
For Immediate Release
 
 
Investor and Media Relations:
 
Edward Nebb
 
Comm-Counsellors, LLC
 
Telephone: + 1-203-972-8350
 
Email: enebb@optonline.net
   



DIANA SHIPPING INC. REPORTS FINANCIAL RESULTS
FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2024; DECLARES CASH
DIVIDEND OF $0.01 PER COMMON SHARE FOR THE THIRD QUARTER 2024


ATHENS, GREECE, November 25, 2024 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $3.7 million and a net income attributed to common stockholders of $2.3 million for the third quarter of 2024. This compares to net income of $7.4 million and net income attributed to common stockholders of $5.9 million for the third quarter of 2023. Earnings per share for the third quarter of 2024 was $0.02 basic and $0.00 diluted, compared to earnings per share of $0.06 basic and diluted in the same quarter of 2023.

Time charter revenues were $57.5 million for the third quarter of 2024, compared to $62.1 million for the same quarter of 2023. The decrease in time charter revenues, compared to the same quarter last year, was due to decreased average charter rates and ownership days.

Net income for the nine months ended September 30, 2024, amounted to $3.0 million and net loss attributed to common stockholders amounted to $1.3 million. This compares to net income of $40.5 million and net income attributed to common stockholders of $36.1 million for the same period of 2023. Time charter revenues for the nine months ended September 30, 2024, were $171.1 million, compared to $202.1 million in the same period of 2023. Loss per share was $0.01 basic and diluted, compared to earnings per share of $0.36 basic and diluted in the nine months ended September 30, 2023.

Dividend Declaration

The Company has declared a cash dividend on its common stock of $0.01 per share, based on the Company’s results of operations during the third quarter ended September 30, 2024. The cash dividend will be payable on December 18, 2024 to all common shareholders of record as of December 11, 2024. The Company currently has 125,185,706 common shares issued and outstanding. As of November 19, 2024, there were 6,381,900 warrants exercised.



Fleet Employment (As of November 22, 2024)
                   
 
VESSEL
 
SISTER SHIPS*
GROSS RATE (USD PER DAY)
COM**
CHARTERERS
DELIVERY DATE TO CHARTERERS***
REDELIVERY DATE TO OWNERS****
NOTES
 
BUILT DWT
 
9 Ultramax Bulk Carriers
1
DSI Phoenix
 
A
16,500
5.00%
Bulk Trading SA
6-May-24
1/Aug/2025 - 30/Sep/2025
 
 
2017 60,456
             
2
DSI Pollux
 
A
14,000
4.75%
Cargill Ocean Transportation (Singapore) Pte. Ltd.
28-Dec-23
20/Aug/2025 - 20/Oct/2025
 
 
2015 60,446
             
3
DSI Pyxis
 
A
14,250
5.00%
ASL Bulk Marine Limited
24-Sep-23
8-Nov-24
 
 
2018 60,362
   
13,100
5.00%
Stone Shipping Ltd
8-Nov-24
20/Feb/2026 - 20/Apr/2026
 
4
DSI Polaris
 
A
13,100
5.00%
ASL Bulk Marine Limited
12-Nov-22
20-Jul-24
 
 
2018 60,404
   
15,400
5.00%
Stone Shipping Ltd
20-Jul-24
1/Jun/2025 - 15/Aug/2025
 
5
DSI Pegasus
 
A
14,000
5.00%
Reachy Shipping (SGP) Pte. Ltd.
7-Dec-22
5-Sep-24
 
 
2015 60,508
   
15,250
4.75%
Cargill Ocean Transportation (Singapore) Pte. Ltd
5-Sep-24
1/Jun/2025 - 1/Aug/2025
 
6
DSI Aquarius
 
B
14,500
5.00%
Stone Shipping Ltd
18-Jan-24
5/Dec/2024 - 1/Feb/2025
1
 
2016 60,309
             
7
DSI Aquila
 
B
12,500
5.00%
Western Bulk Carriers AS
11-Nov-23
30/Nov/2024 - 10/Jan/2025
1
 
2015 60,309
             
8
DSI Altair
 
B
13,800
5.00%
Western Bulk Carriers AS
23-Jun-23
28-Sep-24
 
 
2016 60,309
   
15,750
5.00%
Propel Shipping Pte. Ltd.
28-Sep-24
1/Nov/2025 - 31/Dec/2025
 
9
DSI Andromeda
 
B
13,500
5.00%
Bunge SA, Geneva
27-Nov-23
20/Feb/2025 - 20/Apr/2025
2
 
2016 60,309
             
6 Panamax Bulk Carriers
10
LETO
   
16,000
5.00%
ASL Bulk Shipping Limited
3-May-24
1/Mar/2025 - 30/Apr/2025
 
 
2010 81,297
             
11
SELINA
 
C
12,000
4.75%
Cargill International S.A., Geneva
20-May-23
17-Oct-24
 
 
2010 75,700
   
10,500
5.00%
Raffles Shipping International Pte. Ltd.
17-Oct-24
1/Mar/2025 - 20/Apr/2025
 
12
MAERA
 
C
13,750
5.00%
ST Shipping and Transport Pte. Ltd.
29-Jan-24
14/Dec/2024 - 20/Jan/2025
1
 
2013 75,403
             
13
ISMENE
   
12,650
5.00%
Paralos Shipping Pte., Ltd.
13-Sep-23
15/Apr/2025 - 30/Jun/2025
 
 
2013 77,901
             
14
CRYSTALIA
 
D
13,900
5.00%
Louis Dreyfus Company Freight Asia Pte. Ltd.
4-May-24
4/Feb/2026 - 4/Jun/2026
 
 
2014 77,525
             
15
ATALANDI
 
D
15,800
5.00%
Quadra Commodities SA
28-May-24
20-Jul-24
 
 
2014 77,529
   
14,600
4.75%
Cargill International SA, Geveva
20-Jul-24
1/Jun/2025 - 31/Jul/2025
 
6 Kamsarmax Bulk Carriers
16
MAIA
 
E
13,500
5.00%
ST Shipping and Transport Pte. Ltd.
23-Sep-23
30-Aug-24
3,4
 
2009 82,193
   
13,000
5.00%
Viterra Chartering B.V.
16-Sep-24
12-Dec-24
5
17
MYRSINI
 
E
17,100
5.00%
Cobelfret S.A. Luxembourg
25-Jun-24
1/Feb/2025 - 25/Mar/2025
 
 
2010 82,117
             
18
MEDUSA
 
E
14,250
5.00%
ASL Bulk Shipping Limited
14-May-23
10/Feb/2025 - 15/Apr/2025
 
 
2010 82,194
             
19
MYRTO
 
E
12,650
5.00%
Cobelfret S.A., Luxemburg
15-Jul-23
24/Dec/2024 - 15/Jan/2025
1
 
2013 82,131
             
20
ASTARTE
   
15,000
5.00%
Reachy Shipping (SGP) Pte. Ltd.
29-Apr-23
19-Aug-24
 
 
2013 81,513
   
14,000
5.00%
Paralos Shipping Pte. Ltd.
19-Aug-24
15/Jul/2025 - 15/Sep/2025
 
21
LEONIDAS P. C.
   
17,000
5.00%
Ming Wah International Shipping Company Limited
22-Feb-24
20/Aug/2025 - 20/Oct/2025
 
 
2011 82,165
             



5 Post-Panamax Bulk Carriers
22
ALCMENE
   
13,150
5.00%
China Steel Express Corporation
1-Jun-24
11-Aug-24
 
       
13,350
5.00%
11-Aug-24
30-Sep-24
 
 
2010 93,193
   
12,000
5.00%
30-Sep-24
19-Nov-24
6
23
AMPHITRITE
 
F
15,000
5.00%
Cobelfret S.A., Luxembourg
13-Jan-24
30/Nov/2024 - 15/Jan/2025
7,1
 
2012 98,697
             
24
POLYMNIA
 
F
17,500
5.00%
Reachy Shipping (SGP) Pte. Ltd.
8-Jun-24
1/Aug/2025 - 30/Sept/2025
 
 
2012 98,704
           
25
ELECTRA
 
G
14,000
4.75%
Aquavita International S.A.
3-Jun-24
15/Oct/2025 - 31/Dec/2025
 
 
2013 87,150
             
26
PHAIDRA
 
G
12,250
4.75%
Aquavita International S.A.
9-May-23
12-Oct-24
 
 
2013 87,146
   
12,000
4.75%
12-Oct-24
1/May/2025 - 15/Jul/2025
 
8 Capesize Bulk Carriers
27
SEMIRIO
 
H
14,150
5.00%
Solebay Shipping Cape Company Limited, Hong Kong
18-Aug-23
30/Nov/2024 - 30/Jan/2025
1
 
2007 174,261
             
28
HOUSTON
 
H
13,000
5.00%
EGPN Bulk Carrier Co., Limited
21-Nov-22
2-Sep-24
8
 
2009 177,729
             
29
NEW YORK
 
H
16,000
5.00%
SwissMarine Pte. Ltd., Singapore
11-Jun-23
29/Nov/2024 - 7/Dec/2024
1
 
2010 177,773
             
30
SEATTLE
 
I
17,500
5.00%
Solebay Shipping Cape Company Limited, Hong Kong
1-Oct-23
15/Jul/2025 - 30/Sep/2025
 
 
2011 179,362
             
31
P. S. PALIOS
 
I
27,150
5.00%
Bohai Shipping (HEBEI) Co., Ltd
7-May-24
1/Nov/2025 - 31/Dec/2025
 
 
2013 179,134
             
32
G. P. ZAFIRAKIS
 
J
17,000
5.00%
Solebay Shipping Cape Company Limited, Hong Kong
12-Jan-23
14-Aug-24
9
 
2014 179,492
   
26,800
5.00%
Nippon Yusen Kabushiki Kaisha, Tokyo
16-Sep-24
16/Aug/2026 - 16/Nov/2026
33
SANTA BARBARA
 
J
21,250
5.00%
Smart Gain Shipping Co., Limited
7-May-23
29/Nov/2024 - 10/Dec/2024
10,1
 
2015 179,426
             
34
NEW ORLEANS
   
20,000
5.00%
Kawasaki Kisen Kaisha, Ltd.
7-Dec-23
15/Aug/2025 - 31/Oct/2025
10
 
2015 180,960
             
35
FLORIDA
   
25,900
5.00%
Bunge S.A., Geneva
29-Mar-22
29/Jan/2027 - 29/May/2027
2
 
2022 182,063
             
4 Newcastlemax Bulk Carriers
36
LOS ANGELES
 
K
17,700
5.00%
Nippon Yusen Kabushiki Kaisha, Tokyo
15-Jan-23
20-Jul-24
 
 
2012 206,104
   
28,700
20-Jul-24
1/Oct/2025 - 15/Dec/2025
 
37
PHILADELPHIA
 
K
22,500
5.00%
Nippon Yusen Kabushiki Kaisha, Tokyo
4-Feb-24
20/Apr/2025 - 20/Jul/2025
 
 
2012 206,040
             
38
SAN FRANCISCO
 
L
22,000
5.00%
SwissMarine Pte. Ltd., Singapore
18-Feb-23
5/Jan/2025 - 5/Mar/2025
 
 
2017 208,006
             
39
NEWPORT NEWS
 
L
20,000
5.00%
Nippon Yusen Kabushiki Kaisha, Tokyo
20-Sep-23
10/Mar/2025 - 10/Jun/2025
 
 
2017 208,021
             

* Each dry bulk carrier is a “sister ship”, or closely similar, to other dry bulk carriers that have the same letter.
** Total commission percentage paid to third parties.
*** In case of newly acquired vessel with time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers’ option, but subject to the terms, conditions, and exceptions of the particular charterparty.
 
1Based on latest information.
2Bareboat chartered-in for a period of ten years.
3Charterers have agreed for any time in excess of the charter party period to pay the rate of 105% of the Baltic Panamax Index 5 TC average as published by the Baltic Exchange on a daily basis during the excess period commencing from August 20, 2024 or the vessel’s present charter party rate, whichever is higher.
4Vessel was on scheduled drydocking from August 30, 2024 until September 16,2024.
5Redelivery date based on an estimated time charter trip duration of about 86 days.
6Currently without an active charterparty. Vessel on scheduled drydocking.
7The charter rate will be US$12,250 per day for the first 30 days of the charter period.
8Vessel has been sold and delivered to her new Owners on September 4, 2024.
9Vessel was on scheduled drydocking from August 14, 2024 until September 16,2024.
10Bareboat chartered-in for a period of eight years.



Summary of Selected Financial & Other Data (unaudited)
             
   
Three months ended September 30,
   
Nine months ended September 30,
 
   
2024
   
2023
   
2024
   
2023
 
                         
STATEMENT OF INCOME DATA (in thousands of US Dollars)
 
Time charter revenues
 
$
57,488
   
$
62,062
   
$
171,136
   
$
202,082
 
Voyage expenses
   
3,654
     
2,931
     
10,067
     
10,295
 
Vessel operating expenses
   
21,239
     
21,202
     
63,372
     
63,965
 
Net income
   
3,715
     
7,386
     
3,009
     
40,463
 
                                 
Net income/(loss) attributable to common stockholders
   
2,272
     
5,944
     
(1,318
)
   
36,136
 
FLEET DATA
     
Average number of vessels
   
38.7
     
41.0
     
39.1
     
41.2
 
Number of vessels
   
38.0
     
41.0
     
38.0
     
41.0
 
Weighted average age of vessels
   
11.0
     
10.5
     
11.0
     
10.5
 
Ownership days
   
3,561
     
3,772
     
10,723
     
11,240
 
Available days
   
3,511
     
3,721
     
10,623
     
11,128
 
Operating days
   
3,508
     
3,720
     
10,586
     
11,097
 
Fleet utilization
   
99.9
%
   
100.0
%
   
99.7
%
   
99.7
%
AVERAGE DAILY RESULTS
     
Time charter equivalent (TCE) rate (1)
 
$
15,333
   
$
15,891
   
$
15,162
   
$
17,235
 
Daily vessel operating expenses (2)
 
$
5,964
   
$
5,621
   
$
5,910
   
$
5,691
 
                                 
Non-GAAP Measures

(1)
Time charter equivalent rate, or TCE, is defined as our time charter revenues less voyage expenses during a period divided by the number of our available days during the period, which is consistent with industry standards. TCE is a non-GAAP measure, and management believes it is useful to investors because it is a standard shipping industry performance measure used primarily to compare daily earnings generated by vessels on time charters with daily earnings generated by vessels on voyage charters, because charter hire rates for vessels on voyage charters are generally not expressed in per day amounts while charter hire rates for vessels on time charters are generally expressed in such amounts. TCE is used by management to assess and compare the vessels’ profitability.

(2)
Daily vessel operating expenses, which include crew wages and related costs, the cost of insurance, expenses relating to repairs and maintenance, the costs of spares and consumable stores, tonnage taxes and other miscellaneous expenses, are calculated by dividing vessel operating expenses by ownership days for the relevant period.

Conference Call and Webcast Information

The Company’s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Monday, November 25, 2024.

Investors may access the webcast by visiting the Company’s website at www.dianashippinginc.com, and clicking on the webcast link. An accompanying investor presentation also will be available via the webcast link and on the Company’s website. The conference call also may be accessed by telephone by dialing 1-877-407-8291 (for U.S.-based callers) or 1-201-689-8345 (for international callers) and asking the operator for the Diana Shipping Inc. conference call.

A replay of the webcast will be available soon after the completion of the call and will be accessible for 30 days on www.dianashippinginc.com. A telephone replay also will be available for 30 days by dialing 1-877-660-6853 (for U.S.-based callers) or 1-201-612-7415 (for international callers) and providing the Replay ID number 13749833.

About the Company

Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company’s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, including the escalation of the conflict in the Middle East, vessel breakdowns and instances of off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

(See financial tables attached)


DIANA SHIPPING INC.
FINANCIAL TABLES
Expressed in thousands of U.S. Dollars, except share and per share data
                   
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)
   
Three months ended September 30,
   
Nine months September 30,
 
   
2024
   
2023
   
2024
   
2023
 
REVENUES:
                       
Time charter revenues
 
$
57,488
   
$
62,062
   
$
171,136
   
$
202,082
 
OPERATING EXPENSES
                               
Voyage expenses
   
3,654
     
2,931
     
10,067
     
10,295
 
Vessel operating expenses
   
21,239
     
21,202
     
63,372
     
63,965
 
Depreciation and amortization of deferred charges
   
11,217
     
11,617
     
33,323
     
38,278
 
General and administrative expenses
   
8,384
     
8,909
     
25,113
     
24,604
 
Management fees to a related party
   
333
     
333
     
999
     
980
 
Gain on sale of vessels
   
(4,227
)
   
-
     
(5,799
)
   
(4,995
)
Other operating income/ (loss)
   
182
     
(703
)
   
(207
)
   
(894
)
Operating income, total
 
$
16,706
   
$
17,773
   
$
44,268
   
$
69,849
 
                                 
OTHER INCOME / (EXPENSES):
                               
Interest expense and finance costs
   
(12,198
)
   
(12,837
)
   
(35,848
)
   
(36,682
)
Interest and other income
   
2,232
     
2,295
     
6,008
     
6,040
 
Gain/(loss) on derivative instruments
   
(548
)
   
153
     
(187
)
   
153
 
Loss on extinguishment of debt
   
(3,475
)
   
-
     
(3,475
)
   
(748
)
Gain on deconsolidation of subsidiary
   
-
     
-
     
-
     
844
 
Gain/(loss) on investments
   
(948
)
   
-
     
(2,699
)
   
761
 
Gain/ (Loss) on warrants
   
1,973
     
-
     
(4,800
)
   
-
 
Gain/(loss) from equity method investments
   
(27
)
   
2
     
(258
)
   
246
 
Total other expenses, net
 
$
(12,991
)
 
$
(10,387
)
 
$
(41,259
)
 
$
(29,386
)
                                 
Net comprehensive income
 
$
3,715
   
$
7,386
   
$
3,009
   
$
40,463
 
Dividends on series B preferred shares
   
(1,443
)
   
(1,442
)
   
(4,327
)
   
(4,327
)
                                 
Net comprehensive income/(loss) attributable to common stockholders
   
2,272
     
5,944
     
(1,318
)
   
36,136
 
                                 
Earnings/(loss) per common share, basic
 
$
0.02
   
$
0.06
   
$
(0.01
)
 
$
0.36
 
                                 
Earnings/(loss) per common share, diluted
 
$
-
   
$
0.06
   
$
(0.01
)
 
$
0.36
 
Weighted average number of common shares outstanding, basic
   
119,032,441
     
100,721,952
     
114,904,876
     
99,241,903
 
Weighted average number of common shares outstanding, diluted
   
120,212,686
     
102,481,766
     
114,904,876
     
100,672,119
 





CONDENSED CONSOLIDATED BALANCE SHEET DATA
       
(in thousands of U.S. Dollars)
       
             
   
September 30, 2024
   
December 31, 2023*
 
ASSETS
 
(unaudited)
       
             
Cash, cash equivalents, restricted cash and time deposits
 
$
186,805
**
 
$
161,592
**
Investments in equity securities
   
-
     
20,729
 
Other current assets
   
20,828
     
19,900
 
Fixed assets
   
888,646
     
924,474
 
Investments in related parties and equity method investments
   
48,200
     
24,087
 
Other noncurrent assets
   
16,723
     
15,628
 
Total assets
 
$
1,161,202
   
$
1,166,410
 
                 
LIABILITIES AND STOCKHOLDERS' EQUITY
           
             
Long-term debt and finance liabilities, net of deferred financing costs
 
$
627,001
   
$
642,772
 
Other liabilities
   
38,757
     
34,617
 
Total stockholders' equity
   
495,444
     
489,021
 
 Total liabilities and stockholders' equity
 
$
1,161,202
   
$
1,166,410
 
                 
*
The balance sheet data has been derived from the audited consolidated financial statements at that date.
**
Includes time deposits of $35 million and $40 million as of September 30, 2024 and December 31, 2023, respectively.



OTHER FINANCIAL DATA (unaudited)
             
   
Three months ended September 30,
   
Nine months ended September 30,
 
   
2024
   
2023
   
2024
   
2023
 
                         
Net cash provided by operating activities
 
$
19,203
   
$
20,060
   
$
68,386
   
$
72,615
 
Net cash provided by/(used in) investing activities
   
4,501
     
(11,980
)
   
(9,123
)
   
(6,108
)
Net cash provided by/(used in) financing activities
 
$
8,060
   
$
(42,145
)
 
$
(29,050
)
 
$
(54,383
)


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