v3.26.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue    
Total revenue $ 12,588,263 $ 13,386,367
Cost of revenues    
Total Cost of revenues 9,582,321 9,564,100
Gross profit 3,005,942 3,822,267
Operating expenses:    
General and administrative expenses 3,894,427 1,261,906
Research and development expenses 574,041 436,024
Total operating expenses 4,468,468 1,697,930
(Loss) /income from operations (1,462,526) 2,124,337
Other income/(expenses):    
Interest income 322 3,531
Interest expense (1,192,046) (1,191,971)
Other expense, net (28,139) (39,965)
Total other expenses, net (1,219,863) (1,228,405)
(Loss)/income before income taxes (2,682,389) 895,932
Provision for income taxes
Net (loss)/income $ (2,682,389) $ 895,932
Earnings per share – Basic (in Dollars per share) [1] $ (2.49) $ 0.9
Earnings per share – Diluted (in Dollars per share) [1] $ (2.49) $ 0.9
Weighted Average Shares Outstanding – Basic (in Shares) [1] 1,076,035 1,000,000
Weighted Average Shares Outstanding – Diluted (in Shares) [1] 1,076,035 1,000,000
Time charter revenue | Related Party    
Revenue    
Total revenue $ 9,176,820 $ 9,977,858
Vessel management services revenue | Related Party    
Revenue    
Total revenue 1,966,321 1,979,244
Vessel management services revenue | Third Parties    
Revenue    
Total revenue 1,445,122 1,429,265
Cost of time charter revenue    
Cost of revenues    
Total Cost of revenues 6,676,992 6,509,744
Cost of vessel management services revenue    
Cost of revenues    
Total Cost of revenues $ 2,905,329 $ 3,054,356
[1] Shares and per share data are presented on a retroactive basis to reflect the recapitalization and 25:1 share consolidation effective Apr 2, 2026 as described in Note 13