Revenues

6 Months Ended

Sep. 30, 2024

Revenues [Abstract]

Revenues

12. Revenues

Revenues comprise the following:

	Three months ended				Six months ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Net pool revenues—related party	$	79,877,644	$	137,851,402	$	189,284,698		242,237,953
Time charter revenues		2,432,989		6,475,768		5,847,340		12,899,240
Other revenues, net		122,847		371,292		1,654,484		1,124,176
Total revenues	$	82,433,480	$	144,698,462	$	196,786,522	$	256,261,369

Net pool revenues—related party depend upon the net results of the Helios Pool, and the operating days and pool points for each vessel. Refer to Note 2 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2024.

Other revenues, net mainly represent claim reimbursements and income from charterers relating to reimbursement of voyage expenses, such as costs for war risk insurance and security guards.