Vessels, net/Advances for vessel acquisition, Vessels, net (Details) |
6 Months Ended |
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Jun. 30, 2025
USD ($)
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Net Book Value [Abstract] | |
Beginning balance | $ 72,767,793 |
Ending balance | 64,062,767 |
Vessels [Member] | |
Vessel Cost [Abstract] | |
Beginning balance | 80,411,456 |
Improvements, and other vessel costs | 17,470 |
Spin-off of Handysize tanker vessel (Note 1) | (8,912,837) |
Ending balance | 71,516,089 |
Accumulated Depreciation [Abstract] | |
Beginning balance | (7,643,663) |
Spin-off of Handysize tanker vessel (Note 1) | 2,199,697 |
Depreciation | (2,009,356) |
Ending balance | (7,453,322) |
Net Book Value [Abstract] | |
Beginning balance | 72,767,793 |
Improvements, and other vessel costs | 17,470 |
Spin-off of Handysize tanker vessel (Note 1) | (6,713,140) |
Depreciation | (2,009,356) |
Ending balance | $ 64,062,767 |
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services as a result of sale or disposal of property, plant and equipment. No definition available.
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- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of decrease in accumulated depreciation, depletion and amortization as a result of sale or disposal of property, plant and equipment. No definition available.
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of acquisition of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition Amount of divestiture of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Details
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