v3.25.2
Vessels, net/Advances for vessel acquisition (Tables)
 6 Months Ended
Jun. 30, 2025
Vessels, net/Advances for vessel acquisition [Abstract]  
Vessels, net

The amounts in the accompanying unaudited condensed consolidated balance sheets are analyzed as follows:

​
  
Vessel Cost
    
Accumulated
depreciation
    
Net Book Value
  
Balance December 31, 2024
  
$
80,411,456
    
$
(7,643,663
)
  
$
72,767,793
  
Improvements, and other vessel costs
    
17,470
      
—
      
17,470
  
Spin-off of Handysize tanker vessel (Note 1)
    
(8,912,837
)
    
2,199,697
      
(6,713,140
)
Depreciation
    
—
      
(2,009,356
)
    
(2,009,356
)
Balance June 30, 2025
  
$
71,516,089
    
$
(7,453,322
)
  
$
64,062,767
  
Advances for Vessel Acquisition
​
  
Advances for
vessel acquisition
  
Balance December 31, 2024
  
$
—
  
Advances for vessel acquisition
    
5,442,500
  
Balance June 30, 2025
    
5,442,500