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Deferred Charges, net
 12 Months Ended
Dec. 31, 2025
Deferred Charges, net [Abstract]  
Deferred Charges, net
5.
Deferred Charges, net:
 
The movement in deferred dry-docking costs, net in the accompanying consolidated balance sheets is as follows:
 
   
Dry-docking costs
  
Balance December 31, 2023
  
$
3,231,461
  
Additions
    
1,556,902
  
Amortization
    
(1,363,517
)
Transfer to Assets held for sale (Note 7(c))
    
(460,930
)
Disposals
    
(758,372
)
Balance December 31, 2024
  
$
2,205,544
  
Additions     5,261,785  
Amortization
     (1,400,875 )
Balance December 31, 2025
   $ 6,066,454  
 
During the years ended December 31, 2024 and 2025, one of the Company’s dry bulk carrier vessels (the M/V Magic Mars) and four of the Company’s dry bulk carrier vessels (the M/V Magic P, M/V Magic Ariel, M/V Magic Starlight and M/V Magic Celeste) concluded scheduled dry-docking repairs, respectively.