v3.26.3
Investment in equity securities/ Equity Investments
 6 Months Ended
Jun. 30, 2026
Equity Securities [Member]  
Debt and Equity Securities [Abstract]  
Investment in equity securities / Equity Investments
12.
Investment in equity securities/Equity Investments:

(a)   Investment in equity securities with readily determinable fair values



A summary of the movement in listed equity securities for the six months ended June 30, 2026 is presented in the table below:


   
Equity securities
  
Balance December 31, 2025
  
$
27,759,775
  
Proceeds from sale of equity securities
    (34,506,485 )
Realized gain on sale of equity securities
     9,059,011  
Unrealized loss on equity securities revalued at fair value at end of the period
    
(1,141,892
)
Balance June 30, 2026
  
$
1,170,409
  

In the six-month periods ended June 30, 2025, and 2026, the Company received dividends of $1,127,481, and $842,022, respectively, from its investments in listed equity securities.

(b)   Equity investments without readily determinable fair values


A summary of the movement in equity investments without readily determinable fair values for the six months ended June 30, 2026 is presented in the table below:


   
Equity securities
  
Balance December 31, 2025
  
$
9,932,222
  
Equity investments transferred
    
(735,187
)
Equity investments purchased     394,419  
Proceeds from sale of equity securities
     (156,345 )
Distributions
     (1,772,777 )
Impairment loss
     (69,829 )
Unrealized foreign exchange gain/loss
     (261,060 )
Balance June 30, 2026
  
$
7,331,443
  

The Company transferred its investment in MPC Münchmeyer Petersen IT Services GmbH, Hamburg to equity method investments, in the amount of $715,278 as the Company increased its equity investment in the investee to 50%.

Distributions were received following the dissolution of MPC European Clean Energy S.A. in the amount of $1,287,110 and an equity re-balancing measure of MPC OSE Offshore K/S, Esbjerg / Denmark in the amount of $485,667.

In the six-month periods ended June 30, 2025, and 2026, the Company received dividends of $1,069,235, and $118,546, respectively, from its equity investments without readily determinable fair values.