v3.26.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Revenue          
Total revenue $ 12,588,263 $ 13,386,367 $ 25,135,681 $ 25,526,936 $ 32,445,557
Cost of revenues          
Total Cost of revenues 9,582,321 9,564,100 17,299,701 18,177,271 18,068,312
Gross profit 3,005,942 3,822,267 7,835,980 7,349,665 14,377,245
Operating expenses:          
General and administrative expenses 3,894,427 1,261,906 2,314,051 1,669,958 876,437
Research and development expenses 574,041 436,024 621,024 601,000
Total operating expenses 4,468,468 1,697,930 2,935,075 2,270,958 876,437
(Loss)/income from operations (1,462,526) 2,124,337 4,900,905 5,078,707 13,500,808
Other income/(expenses):          
Interest income 322 3,531 3,892 307,225 194,576
Interest expense (1,192,046) (1,191,971) (1,911,780) (2,696,117) (2,718,304)
Other expense, net (28,139) (39,965) 111,250 450,253 (89,391)
Total other expenses, net (1,219,863) (1,228,405) (1,796,638) (1,938,639) (2,613,119)
(Loss)/income before income taxes (2,682,389) 895,932 3,104,267 3,140,068 10,887,689
Provision for income taxes
Net (loss)/income $ (2,682,389) $ 895,932 3,104,267 3,140,068 10,887,689
Less: Net income attributable to non-controlling interests     16,573
Net income attributable to the Company     $ 3,104,267 $ 3,140,068 $ 10,871,116
Earnings per share – Basic (in Dollars per share) $ (2.49) [1] $ 0.9 [1] $ 0.1 [2] $ 0.1 [2] $ 0.4 [2]
Earnings per share – Diluted (in Dollars per share) $ (2.49) [1] $ 0.9 [1] $ 0.1 [2] $ 0.1 [2] $ 0.4 [2]
Weighted Average Shares Outstanding – Basic (in Shares) 1,076,035 [1] 1,000,000 [1] 25,414,248 [2] 24,613,698 [2] 24,499,999 [2]
Weighted Average Shares Outstanding – Diluted (in Shares) 1,076,035 [1] 1,000,000 [1] 25,414,248 [2] 24,613,698 [2] 24,499,999 [2]
Time charter revenue | Related Parties          
Revenue          
Total revenue $ 9,176,820 $ 9,977,858 $ 19,306,369 $ 12,281,701 $ 13,999,534
Time charter revenue | Third Parties          
Revenue          
Total revenue     7,332,097 13,043,409
Vessel management services revenue | Related Parties          
Revenue          
Total revenue 1,966,321 1,979,244 4,068,128 4,033,195 4,844,888
Vessel management services revenue | Third Parties          
Revenue          
Total revenue 1,445,122 1,429,265 1,761,184 1,879,943 557,726
Cost of time charter revenue          
Cost of revenues          
Total Cost of revenues 6,676,992 6,509,744 12,172,641 12,958,301 13,151,715
Cost of vessel management services revenue          
Cost of revenues          
Total Cost of revenues $ 2,905,329 $ 3,054,356 $ 5,127,060 $ 5,218,970 $ 4,916,597
[1] Shares and per share data are presented on a retroactive basis to reflect the recapitalization and 25:1 share consolidation effective April 2, 2026 as described in Note 13.
[2] Shares and per share data are presented on a retroactive basis to reflect the recapitalization as described in Note 12.