v3.26.1
UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Shares [Member]
Common Shares [Member]
Treasury Shares [Member]
Additional Paid in Capital [Member]
Retained Earnings / (Accumulated Deficit) [Member]
Total
Balance at Dec. 31, 2024 $ 2 $ 0 $ 0 $ 11,616 $ 128 $ 11,746
Balance (in shares) at Dec. 31, 2024 1,515,000 7,250        
Treasury Shares Balance (in Shares) at Dec. 31, 2024     0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common shares, net of deferred issuance costs (Note 8) $ 0 $ 0 $ 0 12,565 0 12,565
Issuance of common shares, net of deferred issuance costs (Note 8) (in shares) 0 429,796 0      
Dividends paid in cash and in kind (Note 8) $ 0 $ 0 $ 0 (2,402) 0 (2,402)
Issuance of Series A Preferred Shares (Note 8) $ 0 $ 0 $ 0 2,249 0 2,249
Issuance of Series A Preferred Shares (Note 8) (in shares) 2,249 0 0      
Net loss for the period $ 0 $ 0 $ 0 0 (3,694) (3,694)
Balance at Jun. 30, 2025 $ 2 $ 0 $ 0 24,028 (3,566) 20,464
Balance (in shares) at Jun. 30, 2025 1,517,249 437,046        
Treasury Shares Balance (in Shares) at Jun. 30, 2025     0      
Balance at Dec. 31, 2025 $ 2 $ 1 $ 0 25,444 (4,069) $ 21,378
Balance (in shares) at Dec. 31, 2025 1,518,954 691,977        
Treasury Shares Balance (in Shares) at Dec. 31, 2025     0     0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common shares, net of deferred issuance costs (Note 8) $ 0 $ 3 $ 0 6,457 0 $ 6,460
Issuance of common shares, net of deferred issuance costs (Note 8) (in shares) 0 3,178,419 0      
Repurchase of common shares (Note 8) $ 0 $ 0 $ (107) 0 0 (107)
Repurchase of common shares (Note 8) (in Shares) 0 0 (111,082)      
Dividends paid in cash and in kind (Note 8) $ 0 $ 0 $ 0 (2,436) 0 (2,436)
Issuance of Series A Preferred Shares (Note 8) $ 0 $ 0 $ 0 2,436 0 2,436
Issuance of Series A Preferred Shares (Note 8) (in shares) 2,436 0 0      
Net loss for the period $ 0 $ 0 $ 0 0 (367) (367)
Balance at Jun. 30, 2026 $ 2 $ 4 $ (107) $ 31,901 $ (4,436) $ 27,364
Balance (in shares) at Jun. 30, 2026 1,521,390 3,870,396        
Treasury Shares Balance (in Shares) at Jun. 30, 2026     (111,082)     111,082