Deferred Charges, Net

12 Months Ended

Mar. 31, 2025

Deferred Charges, Net:

Deferred Charges, Net

8. Deferred Charges, Net

The analysis and movement of deferred charges, net is presented in the table below:

	Drydocking
	costs
Balance, April 1, 2023	$	8,367,301
Additions		8,769,037
Amortization		(4,592,240)
Balance, March 31, 2024	$	12,544,098
Additions		10,031,885
Amortization		(5,338,321)
Balance, March 31, 2025	$	17,237,662