| Schedule of disaggregated revenue by services lines |
Disaggregated
revenue by service line is as follows:
Schedule
of disaggregated revenue by services lines
| | |
June 30, 2026 | | |
June 30, 2025 | | |
December 31, 2024 | | |
December 31, 2023 | |
| | |
For the Year Ended | | |
For the Six Months Ended | | |
For the Years Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | | |
December 31,
2024 | | |
December 31,
2023 | |
| Revenue by service lines recognized at a point in time: | |
| | | |
| | | |
| | | |
| | |
| Sales of cargo oil, used cooking oil and fresh water, and bunkering facilitation | |
$ | 543,810,530 | | |
$ | 275,440,318 | | |
$ | 688,210,369 | | |
$ | 631,607,903 | |
| Ship management services | |
| 1,064,652 | | |
| 899,802 | | |
| 397,173 | | |
| 278,276 | |
| Total revenue | |
| 544,875,182 | | |
| 276,340,120 | | |
| 688,607,542 | | |
| 631,886,179 | |
| | |
| | | |
| | | |
| | | |
| | |
| Revenue by service lines recognized over time: | |
| | | |
| | | |
| | | |
| | |
| Vessel chartering services | |
| 160,000 | | |
| - | | |
| - | | |
| 1,193,594 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total revenue | |
$ | 545,035,182 | | |
$ | 276,340,120 | | |
$ | 688,607,542 | | |
$ | 633,079,773 | |
|
| Schedule of geographic revenue information |
Geographic
revenue information is presented based on the location of the delivery or provision of services, as applicable, as follows:
Schedule
of geographic revenue information
| | |
June 30, 2026 | | |
June 30, 2025 | | |
December 31, 2024 | | |
December 31, 2023 | |
| | |
For the Year Ended | | |
For the Six Months Ended | | |
For the Years Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | | |
December 31,
2024 | | |
December 31,
2023 | |
| Revenue by geographic area: | |
| | | |
| | | |
| | | |
| | |
| Brunei | |
$ | 281,349 | | |
$ | - | | |
$ | - | | |
$ | - | |
| Hong Kong | |
| 2,308,751 | | |
| 30,697,646 | | |
| 53,718,192 | | |
| - | |
| India | |
| 1,370 | | |
| - | | |
| - | | |
| - | |
| Indonesia | |
| - | | |
| - | | |
| - | | |
| 6,356 | |
| Malaysia | |
| 542,160,955 | | |
| 245,507,942 | | |
| 634,482,899 | | |
| 633,022,743 | |
| Singapore | |
| 220,133 | | |
| 41,538 | | |
| 405,544 | | |
| 50,674 | |
| Vietnam | |
| 62,624 | | |
| 92,994 | | |
| 907 | | |
| - | |
| Total revenue | |
$ | 545,035,182 | | |
$ | 276,340,120 | | |
$ | 688,607,542 | | |
$ | 633,079,773 | |
|