2023 Q4 Form 20-F Financial Statement
#000114036124012747 Filed on March 12, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $11.92M | $78.47M | $38.03M |
YoY Change | -68.64% | -29.87% | 170.64% |
Cost Of Revenue | $5.886M | $25.53M | $9.090M |
YoY Change | -35.24% | -49.97% | -6.29% |
Gross Profit | $6.037M | $52.94M | $28.94M |
YoY Change | -79.13% | -13.01% | 565.17% |
Gross Profit Margin | 50.63% | 67.47% | 76.09% |
Selling, General & Admin | $2.992M | $8.244M | $1.741M |
YoY Change | 71.93% | 58.74% | 70.64% |
% of Gross Profit | 49.57% | 15.57% | 6.02% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.380M | $6.840M | $1.854M |
YoY Change | -25.57% | -6.23% | 18.83% |
% of Gross Profit | 22.85% | 12.92% | 6.41% |
Operating Expenses | $4.373M | $15.08M | $3.594M |
YoY Change | 21.66% | 20.79% | 39.31% |
Operating Profit | $1.665M | $37.86M | $25.34M |
YoY Change | -93.43% | -26.63% | 1331.69% |
Interest Expense | $1.832M | $4.106M | -$55.83K |
YoY Change | -3381.1% | 354.88% | -60.12% |
% of Operating Profit | 110.05% | 10.85% | -0.22% |
Other Income/Expense, Net | -$24.92K | $4.106M | -$41.18K |
YoY Change | -39.49% | -681.42% | -17.64% |
Pretax Income | $28.25M | $141.0M | $25.24M |
YoY Change | 11.92% | 177.06% | 1497.71% |
Income Tax | $26.38K | $350.7K | $162.4K |
% Of Pretax Income | 0.09% | 0.25% | 0.64% |
Net Earnings | $27.12M | $137.0M | $25.08M |
YoY Change | 8.11% | 174.49% | 1594.69% |
Net Earnings / Revenue | 227.41% | 174.64% | 65.96% |
Basic Earnings Per Share | $8.69 | ||
Diluted Earnings Per Share | $0.55 | $2.82 | $2.65 |
COMMON SHARES | |||
Basic Shares Outstanding | 18.98M | 15.44M | 0.000 |
Diluted Shares Outstanding | 48.66M |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $155.2M | $155.2M | $41.78M |
YoY Change | 271.56% | 271.56% | |
Cash & Equivalents | $155.2M | $155.2M | $41.78M |
Short-Term Investments | |||
Other Short-Term Assets | $5.977M | $5.977M | $915.2K |
YoY Change | 553.04% | 553.04% | |
Inventory | $260.6K | $260.6K | $893.6K |
Prepaid Expenses | |||
Receivables | $4.132M | $4.132M | $10.62M |
Other Receivables | $3.923M | $3.923M | $558.3K |
Total Short-Term Assets | $165.1M | $165.1M | $54.76M |
YoY Change | 201.54% | 201.54% | 333.55% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $88.71M | $88.71M | $92.49M |
YoY Change | -4.09% | -4.09% | -14.43% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $50.54M | $50.54M | |
YoY Change | |||
Other Assets | $2.128M | $2.128M | $8.521M |
YoY Change | -75.02% | -75.02% | |
Total Long-Term Assets | $143.0M | $143.0M | $102.7M |
YoY Change | 39.19% | 39.19% | -7.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $165.1M | $165.1M | $54.76M |
Total Long-Term Assets | $143.0M | $143.0M | $102.7M |
Total Assets | $308.1M | $308.1M | $157.5M |
YoY Change | 95.65% | 95.65% | 26.95% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.188M | $3.188M | $1.643M |
YoY Change | 93.96% | 93.96% | 225.03% |
Accrued Expenses | $2.735M | $2.735M | $2.269M |
YoY Change | 20.52% | 20.52% | 369.16% |
Deferred Revenue | $310.0K | $0.00 | |
YoY Change | -100.0% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.311M | $1.311M | $2.606M |
YoY Change | -49.69% | -49.69% | |
Total Short-Term Liabilities | $7.859M | $7.859M | $6.519M |
YoY Change | 20.55% | 20.55% | -6.15% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.903M | $3.903M | $10.46M |
YoY Change | -62.7% | -62.7% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $3.903M | $3.903M | $10.46M |
YoY Change | -62.7% | -62.7% | -19.94% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $7.859M | $7.859M | $6.519M |
Total Long-Term Liabilities | $3.903M | $3.903M | $10.46M |
Total Liabilities | $11.76M | $11.76M | $16.98M |
YoY Change | -30.74% | -30.74% | -15.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $119.7M | -$32.00 | |
YoY Change | -374067871.88% | ||
Common Stock | $19.02K | $1.00 | |
YoY Change | 1902100.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $296.3M | $296.3M | $140.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $308.1M | $308.1M | $157.5M |
YoY Change | 95.65% | 95.65% | 26.95% |
Cashflow Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $27.12M | $137.0M | $25.08M |
YoY Change | 8.11% | 174.49% | 1594.69% |
Depreciation, Depletion And Amortization | $1.380M | $6.840M | $1.854M |
YoY Change | -25.57% | -6.23% | 18.83% |
Cash From Operating Activities | $6.376M | $56.13M | $27.40M |
YoY Change | -76.73% | 35.12% | -5270.53% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $87.73K | $72.24M | $68.57K |
YoY Change | 27.94% | 8372.61% | -99.62% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $47.55M | $122.9M | $0.00 |
YoY Change | 872.56% | ||
Cash From Investing Activities | $47.47M | $50.71M | -$68.58K |
YoY Change | -69312.96% | 330.13% | -99.62% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$1.050M | $17.60M | |
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.737M | 6.273M | -13.92M |
YoY Change | -87.52% | -138.0% | -175.07% |
NET CHANGE | |||
Cash From Operating Activities | 6.376M | 56.13M | 27.40M |
Cash From Investing Activities | 47.47M | 50.71M | -68.58K |
Cash From Financing Activities | -1.737M | 6.273M | -13.92M |
Net Change In Cash | 52.11M | 113.1M | 13.42M |
YoY Change | 288.37% | 207.22% | 22260.77% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.376M | $56.13M | $27.40M |
Capital Expenditures | $87.73K | $72.24M | $68.57K |
Free Cash Flow | $6.289M | -$16.11M | $27.34M |
YoY Change | -76.99% | -139.6% | -247.92% |
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CY2023 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
21084635 | |
toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
1853850 | ||
CY2022 | toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
2833500 | |
CY2023 | toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
3153660 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | ||
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
266732 | |
CY2023 | toro |
Accounts Receivable Credit Loss Recovery
AccountsReceivableCreditLossRecovery
|
266732 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3834117 | ||
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7294476 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6839702 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
889096 | ||
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2093347 | |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5357265 | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | ||
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
3222631 | |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
99026692 | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
29998452 | ||
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
60293128 | |
CY2023 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
-58413446 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-734184 | ||
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
51592737 | |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
136882020 | |
us-gaap |
Interest Expense
InterestExpense
|
506012 | ||
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
902604 | |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
964253 | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
652 | ||
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
202612 | |
CY2023 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4072553 | |
toro |
Investment Income Dividend Related Party
InvestmentIncomeDividendRelatedParty
|
0 | ||
CY2022 | toro |
Investment Income Dividend Related Party
InvestmentIncomeDividendRelatedParty
|
0 | |
CY2023 | toro |
Investment Income Dividend Related Party
InvestmentIncomeDividendRelatedParty
|
1020833 | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
15327 | ||
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-6181 | |
CY2023 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-23493 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-490033 | ||
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-706173 | |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
4105640 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1224217 | ||
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
50886564 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
140987660 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
206174 | ||
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
960181 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
350667 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1430391 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1430391 | ||
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49926383 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
49926383 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140636993 | |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
140636993 | |
us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | ||
CY2022 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
1166667 | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | ||
CY2022 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | |
CY2023 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2429275 | |
toro |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
-1430391 | ||
CY2022 | toro |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
49926383 | |
CY2023 | toro |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
137041051 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | ||
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.28 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.69 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | ||
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.17 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.87 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9461009 | ||
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9461009 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15443485 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9461009 | ||
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42677249 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48659725 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
0 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1430391 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1430391 | ||
toro |
Stockholders Equity Net Increase Decrease In Former Parent Company Investment
StockholdersEquityNetIncreaseDecreaseInFormerParentCompanyInvestment
|
105461561 | ||
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
104031170 | |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
49926383 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49926383 | |
CY2022 | toro |
Stockholders Equity Net Increase Decrease In Former Parent Company Investment
StockholdersEquityNetIncreaseDecreaseInFormerParentCompanyInvestment
|
-13460673 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
140496880 | |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
140636993 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140636993 | |
CY2023 | toro |
Stockholders Equity Net Increase Decrease In Former Parent Company Investment
StockholdersEquityNetIncreaseDecreaseInFormerParentCompanyInvestment
|
211982 | |
CY2023 | toro |
Stock Cancelled Due To Spin Off During Period Value
StockCancelledDueToSpinOffDuringPeriodValue
|
0 | |
CY2023 | us-gaap |
Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
|
-119881740 | |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
18647236 | |
CY2023 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
1272698 | |
CY2023 | toro |
Stock Repurchased And Retired And Treasury Stock Acquired During Period Value
StockRepurchasedAndRetiredAndTreasuryStockAcquiredDuringPeriodValue
|
1046908 | |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
1166667 | |
CY2023 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2429275 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
176741199 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1430391 | ||
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49926383 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140636993 | |
toro |
Depreciation And Amortization Of Deferred Dry Docking Costs
DepreciationAndAmortizationOfDeferredDryDockingCosts
|
3834117 | ||
CY2022 | toro |
Depreciation And Amortization Of Deferred Dry Docking Costs
DepreciationAndAmortizationOfDeferredDryDockingCosts
|
7294476 | |
CY2023 | toro |
Depreciation And Amortization Of Deferred Dry Docking Costs
DepreciationAndAmortizationOfDeferredDryDockingCosts
|
6839702 | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
94789 | ||
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
119731 | |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
137112 | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | ||
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
3222631 | |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
99026692 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | ||
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
266732 | |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | ||
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1272698 | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4102150 | ||
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6781154 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-6484291 | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3137855 | ||
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2244286 | |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-633014 | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-1668276 | ||
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
3935077 | |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
3788681 | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1352501 | ||
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4762742 | |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4211685 | |
toro |
Increase Decrease In Other Deferred Charges
IncreaseDecreaseInOtherDeferredCharges
|
25335 | ||
CY2022 | toro |
Increase Decrease In Other Deferred Charges
IncreaseDecreaseInOtherDeferredCharges
|
-25335 | |
CY2023 | toro |
Increase Decrease In Other Deferred Charges
IncreaseDecreaseInOtherDeferredCharges
|
0 | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
47831 | ||
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1304711 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1492412 | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
474616 | ||
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1512592 | |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
381414 | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
547939 | ||
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-547939 | |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
310000 | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
1034380 | ||
CY2022 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
1906526 | |
CY2023 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
3457629 | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4415044 | ||
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
41538177 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
56126319 | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
111288060 | ||
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
852603 | |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
72237732 | |
toro |
Payments To Acquire Investment In Related Party
PaymentsToAcquireInvestmentInRelatedParty
|
0 | ||
CY2022 | toro |
Payments To Acquire Investment In Related Party
PaymentsToAcquireInvestmentInRelatedParty
|
0 | |
CY2023 | toro |
Payments To Acquire Investment In Related Party
PaymentsToAcquireInvestmentInRelatedParty
|
50000000 | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | ||
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
12641284 | |
CY2023 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
172943983 | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-111288060 | ||
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
11788681 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
50706251 | |
toro |
Net Proceeds From Contributions From Parent
NetProceedsFromContributionsFromParent
|
105461561 | ||
CY2022 | toro |
Net Proceeds From Contributions From Parent
NetProceedsFromContributionsFromParent
|
-13460675 | |
CY2023 | toro |
Net Proceeds From Contributions From Parent
NetProceedsFromContributionsFromParent
|
211982 | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | ||
CY2022 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
40 | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | ||
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
19465000 | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | ||
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | |
CY2023 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
817764 | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | ||
CY2022 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | |
CY2023 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
851667 | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | ||
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1046908 | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
18000000 | ||
CY2022 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1700000 | ||
CY2022 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
3050000 | |
CY2023 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
7992800 | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
395046 | ||
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | |
toro |
Payments For Spin Off
PaymentsForSpinOff
|
0 | ||
CY2022 | toro |
Payments For Spin Off
PaymentsForSpinOff
|
0 | |
CY2023 | toro |
Payments For Spin Off
PaymentsForSpinOff
|
2694646 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
121366515 | ||
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16510675 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6273237 | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5663411 | ||
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
36816183 | |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
113105807 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5663411 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
42479594 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5663411 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
42479594 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
155585401 | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4963411 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
41779594 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155235401 | |
CY2021Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
700000 | |
CY2022Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
700000 | |
CY2023Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
350000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5663411 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
42479594 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
155585401 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
348799 | ||
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
690543 | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
773870 | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
466874 | ||
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | |
CY2023 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
68815 | |
toro |
Unpaid Deferred Dry Dock Costs
UnpaidDeferredDryDockCosts
|
0 | ||
CY2022 | toro |
Unpaid Deferred Dry Dock Costs
UnpaidDeferredDryDockCosts
|
573001 | |
CY2023 | toro |
Unpaid Deferred Dry Dock Costs
UnpaidDeferredDryDockCosts
|
602117 | |
CY2021Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | |
CY2022Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
315000 | |
toro |
Deemed Dividend On Preferred Stock
DeemedDividendOnPreferredStock
|
0 | ||
CY2022 | toro |
Deemed Dividend On Preferred Stock
DeemedDividendOnPreferredStock
|
0 | |
CY2023 | toro |
Deemed Dividend On Preferred Stock
DeemedDividendOnPreferredStock
|
2429275 | |
CY2023Q4 | toro |
Number Of Vessels Owned By Each Subsidiary
NumberOfVesselsOwnedByEachSubsidiary
|
1 | |
CY2023Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9461009 | |
CY2023Q1 | toro |
Number Of Shares Of Common Stock Issued Upon Completion Of Spin Off
NumberOfSharesOfCommonStockIssuedUponCompletionOfSpinOff
|
1 | |
CY2023Q1 | toro |
Number Of Shares Of Common Stock Held To Receive Stock Issued Upon Completion Of Spin Off
NumberOfSharesOfCommonStockHeldToReceiveStockIssuedUponCompletionOfSpinOff
|
10 | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="color: rgb(0, 0, 0); font-weight: bold; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Use of estimates</div> <div style="font-family: 'Times New Roman'; font-size: 10pt;"><br/> </div> <div style="display:none;"><br/></div> <div style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; text-align: justify; text-indent: 20pt;">The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include vessel valuations, the valuation of amounts due from charterers, residual value and the useful life of the vessels. Actual results may differ from these estimates.</div> | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
266732 | |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P25Y | |
CY2023 | toro |
Revenue From Contract With Customer Number Of Performance Obligations
RevenueFromContractWithCustomerNumberOfPerformanceObligations
|
1 | |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | |
CY2022Q4 | toro |
Investment In Related Party
InvestmentInRelatedParty
|
0 | |
CY2023Q4 | toro |
Investment In Related Party
InvestmentInRelatedParty
|
50541667 | |
CY2023 | toro |
Minimum Age Of Vessels Participating In Tanker Pool
MinimumAgeOfVesselsParticipatingInTankerPool
|
P15Y | |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
868917 | |
CY2022 | toro |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
2479526 | |
CY2022 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
727298 | |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
2621145 | |
CY2023 | toro |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
3486746 | |
CY2023 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
1244197 | |
CY2023 | toro |
Capitalized Contract Cost Disposals
CapitalizedContractCostDisposals
|
3443120 | |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
1420574 | |
CY2022 | toro |
Number Of Vessels Acquired
NumberOfVesselsAcquired
|
0 | |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
13250000 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5257200 | |
CY2022Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
180526 | |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
43414 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13069474 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5213786 | |
CY2022Q4 | toro |
Long Term Debt Gross Current
LongTermDebtGrossCurrent
|
2700000 | |
CY2023Q4 | toro |
Long Term Debt Gross Current
LongTermDebtGrossCurrent
|
1345600 | |
CY2022Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
93698 | |
CY2023Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
34311 | |
CY2022Q4 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
2606302 | |
CY2023Q4 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
1311289 | |
CY2022Q4 | toro |
Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
|
10550000 | |
CY2023Q4 | toro |
Long Term Debt Gross Noncurrent
LongTermDebtGrossNoncurrent
|
3911600 | |
CY2022Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
86828 | |
CY2023Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
9103 | |
CY2022Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
10463172 | |
CY2023Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
3902497 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1345600 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
3911600 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5257200 | |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
383186 | ||
CY2022 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
719105 | |
CY2023 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
737207 | |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000 | |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
3900000000 | |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | |
CY2023Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9461009 | |
CY2023Q1 | toro |
Preferred Stock Voting Rights Number Of Votes Per Share
PreferredStockVotingRightsNumberOfVotesPerShare
|
1 | |
CY2023Q1 | toro |
Number Of Shares Of Common Stock Issued Upon Completion Of Spin Off
NumberOfSharesOfCommonStockIssuedUponCompletionOfSpinOff
|
1 | |
CY2023Q1 | toro |
Number Of Shares Of Common Stock Held To Receive Stock Issued Upon Completion Of Spin Off
NumberOfSharesOfCommonStockHeldToReceiveStockIssuedUponCompletionOfSpinOff
|
10 | |
CY2023 | toro |
Preferred Stock Voting Power In Number Of Common Shares
PreferredStockVotingPowerInNumberOfCommonShares
|
100000 | |
CY2023Q4 | toro |
Number Of Votes
NumberOfVotes
|
100000 | |
CY2023Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
5000000 | |
CY2023 | toro |
Stock Repurchased And Retired And Treasury Stock Acquired During Period Shares
StockRepurchasedAndRetiredAndTreasuryStockAcquiredDuringPeriodShares
|
222600 | |
CY2023 | toro |
Stock Repurchased And Retired And Treasury Stock Acquired During Period Price Per Share
StockRepurchasedAndRetiredAndTreasuryStockAcquiredDuringPeriodPricePerShare
|
4.69 | |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1000000 | |
CY2023Q4 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
179251 | |
CY2023 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
43349 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
19021758 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18978409 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
43349 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
1240000 | |
CY2023 | toro |
Number Of Shares Of Junior Stock That Can Be Exchanged Or Converted
NumberOfSharesOfJuniorStockThatCanBeExchangedOrConverted
|
1 | |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
3708206 | |
CY2023Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
3708206 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1430391 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1430391 | ||
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49926383 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
49926383 | |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
140636993 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140636993 | |
us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | ||
CY2022 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
1166667 | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | ||
CY2022 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | |
CY2023 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2429275 | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | ||
CY2022 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | |
CY2023 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
2805275 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1430391 | ||
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49926383 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
134235776 | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | ||
CY2022 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | |
CY2023 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
-2805275 | |
toro |
Undistributed Earnings Loss Reallocated To Participating Securities
UndistributedEarningsLossReallocatedToParticipatingSecurities
|
0 | ||
CY2022 | toro |
Undistributed Earnings Loss Reallocated To Participating Securities
UndistributedEarningsLossReallocatedToParticipatingSecurities
|
0 | |
CY2023 | toro |
Undistributed Earnings Loss Reallocated To Participating Securities
UndistributedEarningsLossReallocatedToParticipatingSecurities
|
926641 | |
us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | ||
CY2022 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
1166667 | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | ||
CY2022 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | |
CY2023 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2429275 | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-1430391 | ||
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
49926383 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
139710352 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9461009 | ||
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9461009 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15443485 | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | ||
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
33216240 | |
CY2023 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
33216240 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9461009 | ||
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42677249 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48659725 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | ||
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.28 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.69 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | ||
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.17 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.87 | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
15002012 | ||
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51805097 | |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3806244 | |
us-gaap |
Revenues
Revenues
|
29264268 | ||
CY2022 | us-gaap |
Revenues
Revenues
|
111885865 | |
CY2023 | us-gaap |
Revenues
Revenues
|
78468574 | |
CY2023 | toro |
Number Of Vessels Operated Under Period Time Charter
NumberOfVesselsOperatedUnderPeriodTimeCharter
|
1 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
0 | |
toro |
Brokerage Commissions
BrokerageCommissions
|
521052 | ||
CY2022 | toro |
Brokerage Commissions
BrokerageCommissions
|
1661958 | |
CY2023 | toro |
Brokerage Commissions
BrokerageCommissions
|
448801 | |
toro |
Brokerage Commissions Related Party
BrokerageCommissionsRelatedParty
|
372037 | ||
CY2022 | toro |
Brokerage Commissions Related Party
BrokerageCommissionsRelatedParty
|
1437276 | |
CY2023 | toro |
Brokerage Commissions Related Party
BrokerageCommissionsRelatedParty
|
1004035 | |
toro |
Port And Other Expenses
PortAndOtherExpenses
|
3916046 | ||
CY2022 | toro |
Port And Other Expenses
PortAndOtherExpenses
|
5794018 | |
CY2023 | toro |
Port And Other Expenses
PortAndOtherExpenses
|
1131354 | |
toro |
Bunkers Consumption
BunkersConsumption
|
6251624 | ||
CY2022 | toro |
Bunkers Consumption
BunkersConsumption
|
20430020 | |
CY2023 | toro |
Bunkers Consumption
BunkersConsumption
|
1862481 | |
toro |
Loss Gain On Bunker Fuel
LossGainOnBunkerFuel
|
-1241 | ||
CY2022 | toro |
Loss Gain On Bunker Fuel
LossGainOnBunkerFuel
|
-3858 | |
CY2023 | toro |
Loss Gain On Bunker Fuel
LossGainOnBunkerFuel
|
-1955 | |
toro |
Voyage Expenses
VoyageExpenses
|
11059518 | ||
CY2022 | toro |
Voyage Expenses
VoyageExpenses
|
29319414 | |
CY2023 | toro |
Voyage Expenses
VoyageExpenses
|
4444716 | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
7037784 | ||
CY2022 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12315509 | |
CY2023 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
11525793 | |
toro |
Vessel Repair And Maintenance Expenses
VesselRepairAndMaintenanceExpenses
|
3166746 | ||
CY2022 | toro |
Vessel Repair And Maintenance Expenses
VesselRepairAndMaintenanceExpenses
|
4892750 | |
CY2023 | toro |
Vessel Repair And Maintenance Expenses
VesselRepairAndMaintenanceExpenses
|
4049156 | |
toro |
Lubricant Expenses
LubricantExpenses
|
601049 | ||
CY2022 | toro |
Lubricant Expenses
LubricantExpenses
|
1058930 | |
CY2023 | toro |
Lubricant Expenses
LubricantExpenses
|
876319 | |
us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
875873 | ||
CY2022 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
1434441 | |
CY2023 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
1058302 | |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
147569 | ||
CY2022 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
342796 | |
CY2023 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
294688 | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
532850 | ||
CY2022 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1663864 | |
CY2023 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3280377 | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
12361871 | ||
CY2022 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
21708290 | |
CY2023 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
21084635 | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
383186 | ||
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
719105 | |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
737207 | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
94789 | ||
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
119731 | |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
137112 | |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
28037 | ||
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
63768 | |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
89934 | |
us-gaap |
Interest Expense
InterestExpense
|
506012 | ||
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
902604 | |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
964253 | |
CY2023Q2 | toro |
Number Of Vessels Acquired
NumberOfVesselsAcquired
|
2 | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | ||
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
15002012 | ||
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51805097 | |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3806244 | |
us-gaap |
Revenues
Revenues
|
29264268 | ||
CY2022 | us-gaap |
Revenues
Revenues
|
111885865 | |
CY2023 | us-gaap |
Revenues
Revenues
|
78468574 | |
toro |
Voyage Expenses
VoyageExpenses
|
11059518 | ||
CY2022 | toro |
Voyage Expenses
VoyageExpenses
|
29319414 | |
CY2023 | toro |
Voyage Expenses
VoyageExpenses
|
4444716 | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
12361871 | ||
CY2022 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
21708290 | |
CY2023 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
21084635 | |
toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
1853850 | ||
CY2022 | toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
2833500 | |
CY2023 | toro |
Related Party Transaction Management Fees
RelatedPartyTransactionManagementFees
|
3153660 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | ||
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
266732 | |
CY2023 | toro |
Accounts Receivable Credit Loss Recovery
AccountsReceivableCreditLossRecovery
|
266732 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3834117 | ||
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7294476 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6839702 | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | ||
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
3222631 | |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
99026692 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1224217 | ||
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
50886564 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
140987660 | |
CY2022Q4 | us-gaap |
Assets
Assets
|
157479103 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
308104130 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
206174 | ||
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
960181 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
350667 |