v3.26.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND MEZZANINE EQUITY - USD ($)
Preferred Shares [Member]
Series B Preferred Shares [Member]
Common Shares [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Series A Preferred Shares [Member]
Beginning balance at Dec. 31, 2024 $ 40 $ 19,094 $ 58,605,224 $ 140,421,449 $ 199,045,807  
Beginning balance (in shares) at Dec. 31, 2024 40,000 19,093,853        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 0 $ 0 0 3,012,080 3,012,080  
Comprehensive income 0 0 0 3,012,080 3,012,080  
Stock-based compensation cost (Note 14) $ 0 $ 0 1,769,877 0 1,769,877  
Stock-based compensation cost (Note 14) (in shares) 0 0        
Distribution of net assets of Robin Energy Ltd. to shareholders (Note 1)   $ 0 (5,639,637) 0 (5,639,637)  
Dividend on Series A Preferred Shares (Note 11) $ 0 0 0 (703,889) (703,889)  
Deemed dividend on Series A Preferred Shares (Note 11) 0 0 0 (1,557,952) (1,557,952)  
Ending balance at Jun. 30, 2025 $ 40 $ 19,094 54,735,464 141,171,688 195,926,286  
Ending balance (in shares) at Jun. 30, 2025 40,000 19,093,853        
Beginning balance at Dec. 31, 2024           $ 122,665,819
Beginning balance (in shares) at Dec. 31, 2024           140,000
Increase (Decrease) in Temporary Equity [Roll Forward]            
Deemed dividend on Series A preferred shares (Note 9)           $ 1,557,952
Ending balance at Jun. 30, 2025           $ 124,223,771
Ending balance (in shares) at Jun. 30, 2025           140,000
Beginning balance at Dec. 31, 2025 $ 40 $ 21,474 59,304,814 104,272,727 163,599,055  
Beginning balance (in shares) at Dec. 31, 2025 40,000 21,473,509        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 0 $ 0 0 1,084,842 1,084,842  
Comprehensive income 0 0 0 1,084,842 1,084,842  
Stock-based compensation cost (Note 14) $ 0 $ 0 3,257,648 0 $ 3,257,648  
Stock-based compensation cost (Note 14) (in shares) 0 0     2,980,000  
Issuance of common shares pursuant to special dividend (Note 10) $ 0 $ 13,085 50,466,415 0 $ 50,479,500  
Issuance of common shares pursuant to special dividend (Note 10) (in shares) 0 13,085,821        
Special dividend declared and paid ($0.90 per common share) (Note 10) $ 0 $ 0 0 (25,966,876) (25,966,876)  
Dividend on Series A Preferred Shares (Note 11) 0 0 0 (700,000) (700,000)  
Deemed dividend on Series A Preferred Shares (Note 11) 0 0 0 (1,628,891) (1,628,891)  
Ending balance at Jun. 30, 2026 $ 40 $ 34,559 $ 113,028,877 $ 77,061,802 190,125,278  
Ending balance (in shares) at Jun. 30, 2026 40,000 34,559,330        
Beginning balance at Dec. 31, 2025         125,809,233 $ 125,809,233
Beginning balance (in shares) at Dec. 31, 2025           140,000
Increase (Decrease) in Temporary Equity [Roll Forward]            
Deemed dividend on Series A preferred shares (Note 9)           $ 1,628,891
Ending balance at Jun. 30, 2026         $ 127,438,124 $ 127,438,124
Ending balance (in shares) at Jun. 30, 2026           140,000