| Schedule of derivative instruments effect within the unaudited interim consolidated statement of operations |
| | | | | | | | | | | | | | Three months ended | | Derivatives not designated as hedging instruments | | Location of gain/(loss) recognized | | June 30, 2026 | | June 30, 2025 | | Interest rate swaps—change in fair value | | Unrealized gain/(loss) on derivatives | | | 932,965 | | | (1,183,841) | | Interest rate swaps—realized gain | | Realized gain on derivatives | | | 286,510 | | | 539,429 | | Gain/(loss) on derivatives, net | | | | $ | 1,219,475 | | $ | (644,412) | |
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| Schedule of carrying values and estimated fair values of fixed rate debt obligations |
| | | | | | | | | | | | | | | | | June 30, 2026 | | | March 31, 2026 | | | | Carrying Value | | Fair Value | | | Carrying Value | | Fair Value | | Corsair Japanese Financing | | $ | — | | $ | — | | | $ | 24,645,833 | | $ | 24,354,660 | | Cresques Japanese Financing | | | 21,629,588 | | | 22,347,981 | | | | 22,071,744 | | | 23,176,904 | | Cratis Japanese Financing | | | 32,320,000 | | | 30,746,676 | | | | 33,340,000 | | | 32,066,599 | | Copernicus Japanese Financing | | | 32,320,000 | | | 30,746,676 | | | | 33,340,000 | | | 32,066,599 | | Chaparral Japanese Financing | | | 53,891,108 | | | 53,148,527 | | | | 54,594,492 | | | 54,386,863 | | Caravelle Japanese Financing | | | 34,400,000 | | | 32,605,177 | | | | 35,300,000 | | | 33,893,259 | | Cougar Japanese Financing | | | 35,600,000 | | | 36,504,579 | | | | 36,500,000 | | | 37,996,095 | | Captain Markos Dual-Fuel Japanese Financing | | | 47,600,000 | | | 49,531,888 | | | | 48,230,000 | | | 51,115,820 | | BALCAP Facility | | | 47,748,113 | | | 47,083,765 | | | | 49,891,595 | | | 49,119,651 | |
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