v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 12,090 $ 14,164
Restricted cash 50 400
Accounts receivable trade 1,064 1,421
Due from related parties $ 978 $ 386
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Inventories $ 526 $ 363
Prepaid expenses 555 413
Other current assets 555 1,200
Vessels held for sale 15,041 14,744
Total current assets 30,859 33,091
Fixed assets:    
Vessels, net 97,717 58,827
Right-of-use assets 30,737 26,314
Total fixed assets 128,454 85,141
Other non-current assets:    
Other non-current assets 1,445 1,445
Equity method investment 0 17,407
Deferred charges and other investments, non-current 2,230 1,597
TOTAL ASSETS 162,988 138,681
Current liabilities:    
Current portion of long-term debt and other financial liabilities, net of deferred finance costs and debt discounts of $491 and $339, respectively 14,489 14,327
Finance lease liabilities, current 2,760 16,938
Due to related parties $ 7,636 $ 9,486
Other Liability, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Trade accounts and other payables $ 2,295 $ 2,404
Accrued liabilities 3,095 4,075
Deferred revenue 814 593
Liabilities assumed from time charter attached 259 0
Dividends payable 954 818
Total current liabilities 32,302 48,641
Non-current liabilities:    
Long-term debt and other financial liabilities, net of current portion and deferred finance costs and debt discounts of $696 and $518, respectively 54,707 33,574
Finance lease liabilities, non-current 22,268 0
Other liabilities, non-current 442 0
Total liabilities 109,719 82,215
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized; 40,000 Series B preferred shares issued and outstanding as at June 30, 2026 and December 31, 2025, respectively 0 0
Common stock, $0.0001 par value; 2,000,000,000 authorized shares as at June 30, 2026 and December 31, 2025; 9,538,139 and 9,083,645 shares issued and outstanding as at June 30, 2026 and December 31, 2025, respectively 1 1
Additional paid-in capital 40,029 39,455
Accumulated other comprehensive (loss) / income (65) 7
Retained earnings 12,495 13,453
Total United Maritime Corporation stockholders' equity 52,460 52,916
Non-controlling interest 809 3,550
Total stockholders' equity 53,269 56,466
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 162,988 $ 138,681