Deferred Charges, Net

3 Months Ended

Jun. 30, 2025

Deferred Charges, Net:

Deferred Charges, Net

7. Deferred Charges, Net

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

	Drydocking
	costs
Balance, April 1, 2025	$	17,237,662
Additions		6,453,129
Amortization		(2,297,801)
Balance, June 30, 2025	$	21,392,990