|
FY2025
12 months to Dec 31, 2025
|
FY2024
3 months to Dec 31, 2024
|
|
|---|---|---|
| REVENUES: | ||
| Vessel revenues | ||
| Pool | ||
| Time Charter | ||
| Total vessel revenues | ||
| EXPENSES: | ||
| Voyage expenses (including $195,890, $125,409 and $305,463 to related party for the years ended December 31, 2023, 2024 and 2025, respectively) | ||
| Vessel operating expenses | ||
| Management fees to related parties | ||
| Depreciation and amortization | ||
| General and administrative expenses (including $279,855, $162,156 and $632,666 to related party for the year ended December 31, 2023, 2024 and 2025, respectively) | ||
| Gain on sale of vessel (including $179,900, $0 and $0 sale commissions to related party for the years ended December 31, 2023, 2024, and 2025, respectively) | ||
| Total expenses | ||
| Operating income | ||
| OTHER (EXPENSES)/INCOME: | ||
| Finance costs | ||
| Interest income | ||
| Change in fair value of crypto assets-Bitcoin | ||
| Foreign exchange losses | ||
| Total other expenses, net | ||
| Net income/(loss) before taxes | ||
| Income taxes | ||
| Net income/(loss) and comprehensive income/(loss) | ||
| Dividend on Series A Preferred Shares | ||
| Net income/(loss) attributable to common shareholders | ||
| Earnings/(Loss) per common share, basic (in dollars per share) | ||
| Earnings/(Loss) per common share, diluted (in dollars per share) | ||
| Weighted average number of common shares, diluted (in shares) |
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