v3.26.1
Note 18 - Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Segment Reporting [Table Text Block]
   

Year ended December 31, 2023

   

Year ended December 31, 2024

   

Year ended December 31, 2025

 

Net revenue

    47,591,924       61,083,227       52,264,141  

Voyage expenses, net

    (3,993,031 )     (6,057,692 )     (5,676,737 )

Vessel operating expenses

    (20,758,708 )     (25,667,279 )     (24,955,537 )

Dry-docking expenses

    (3,404,323 )     (8,549,609 )     (2,807,068 )

Related party management fees

    (3,281,361 )     (4,209,166 )     (4,413,766 )

General and administrative expenses

    (3,459,943 )     (3,271,195 )     (3,171,053 )

Interest and other financing costs

    (6,486,814 )     (7,956,478 )     (6,880,973 )

Other segment items (1)

    (9,490,716 )     (18,889,052 )     (8,147,863 )

Net loss

    (3,282,972 )     (13,517,244 )     (3,788,856 )