v3.26.1
UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF LOSS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF LOSS [Abstract]    
Revenue, net $ 7,832 $ 3,547
Voyage expenses (633) (311)
Vessels operating expenses (3,121) (1,995)
Management fees (434) (298)
General and administrative expenses (1,531) (687)
Depreciation and amortization expenses (1,721) (1,181)
Amortization of deferred drydocking costs (499) (259)
Operating loss (107) (1,184)
Interest and finance costs (1,369) (2,040)
Interest income 94 79
Gain/(loss) on equity-linked instruments, net 1,010 (537)
Other income/(costs), net 5 (12)
Net loss (367) (3,694)
Cumulative dividends on Series A Preferred Shares (2,436) (1,272)
Net loss attributable to common shareholders $ (2,803) $ (4,966)
Loss per common share, basic (in dollars per share) $ (0.95) $ (16.81)
Loss per common share, diluted (in dollars per share) $ (0.95) $ (16.81)
Weighted average number of shares, basic (in shares) 2,947,013 295,474
Weighted average number of shares, diluted (in shares) 2,947,013 295,474