v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 11,916 $ 17,309 $ 22,295 $ 34,647
Operating expenses:        
Cost of revenues 9,569 12,724 18,090 25,512
Time charter expense 2,851 0 4,342 0
Change in unrealized (gain) loss on natural gas derivatives 0 60 0 (24)
Selling, general and administrative expenses 2,501 3,131 5,297 8,064
Gain from disposal of fixed assets 0 0 0 (103)
Impairment 0 0 71 0
Depreciation expense 1,777 1,860 3,562 3,727
Total operating expenses 16,698 17,775 31,362 37,176
Loss from operations before equity income (4,782) (466) (9,067) (2,529)
Net equity income from foreign joint venture operations:        
Income from equity investment in foreign joint venture 258 120 525 537
Foreign joint venture operating related expenses (43) (70) (83) (119)
Net equity income from foreign joint venture operations 215 50 442 418
Loss from operations (4,567) (416) (8,625) (2,111)
Other income (expense):        
Other expense, net (37) (24) (74) (36)
Total other income (expense) 79 0 67 9
Net loss before income tax expense (4,488) (416) (8,558) (2,102)
Income tax expense 149 197 155 109
Net loss $ (4,637) $ (613) $ (8,713) $ (2,211)
Net loss per common share:        
Basic and diluted per common share (in dollars per share) $ (0.25) $ (0.03) $ (0.47) $ (0.12)
Weighted average number of common shares outstanding - Basic and diluted (in shares) 18,596,301 18,596,301 18,596,301 18,593,851
Nonrelated Party [Member]        
Other income (expense):        
Interest income, net $ 116 $ 24 $ 141 $ 45