v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 35,555 $ 21,243
Short-term investment in time deposits 18,000 17,000
Inventories 536 1,889
Trade accounts receivable, net 2,007 5,040
Prepayments and other current assets 552 706
Insurance claim receivable 245
Total current assets 56,650 46,123
FIXED ASSETS, NET:    
Vessels, net 133,319 140,024
Advances for vessel additions 170
Total fixed assets, net 133,319 140,194
OTHER NON-CURRENT ASSETS:    
Restricted cash 1,350 1,350
Deferred dry-dock and special survey costs, net 2,093 1,214
Total other non-current assets 3,443 2,564
Total assets 193,412 188,881
CURRENT LIABILITIES:    
Current portion of long-term debt, net of deferred financing costs 7,967 7,561
Trade accounts payable 1,495 2,107
Hire collected in advance 597 111
Accrued and other liabilities 1,000 1,502
Total current liabilities 12,744 12,254
NON-CURRENT LIABILITIES:    
Long-term debt, net of current portion and deferred financing costs 79,279 76,963
Total non-current liabilities 79,279 76,963
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:    
Preferred stock ($0.001 par value; 50,000,000 shares authorized; including 1,000,000 authorized Series A Convertible Preferred Shares; no Series A Convertible Preferred Shares issued and outstanding as of December 31, 2024 and 2025)
Common stock ($0.001 par value; 450,000,000 shares authorized; 11,216,548 shares issued and 10,553,399 shares outstanding as of December 31, 2024, and 11,216,546 shares issued and 10,418,859 shares outstanding as of December 31, 2025) 10 11
Additional paid-in capital 97,826 98,035
Accumulated deficit (2,676) (4,670)
Total equity attributable to Pyxis Tankers Inc. and subsidiaries 95,160 93,376
Non-controlling interest 6,229 6,288
Total stockholders’ equity 101,389 99,664
Total liabilities and stockholders’ equity 193,412 188,881
Related Party [Member]    
CURRENT LIABILITIES:    
Due to related parties $ 1,685 $ 973