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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES:      
Total vessel revenues $ 46,240,892 $ 65,069,003 $ 97,515,511
Revenue from services (including $0, $381,778, $10,764,653 from related parties for the years ended December 31, 2023, 2024, and 2025, respectively) 35,573,513 1,174,376 [1] 0
Total revenues 81,814,405 66,243,379 97,515,511
EXPENSES:      
Voyage expenses (including $1,274,384, $1,170,615 and $1,566,628 to related parties for the years ended December 31, 2023, 2024, and 2025, respectively) (4,078,667) (4,248,856) (5,052,228)
Vessel operating expenses (19,140,916) (26,188,773) (41,913,628)
Cost of revenue from services (exclusive of depreciation and amortization shown separately below) (22,116,441) (1,117,476) [1] 0
Management fees to related parties (4,022,007) (4,808,602) (7,167,397)
Depreciation and amortization (14,760,087) (15,037,006) (22,076,831)
Loss on vessels held for sale (including $0, $165,000 and $145,000 to related parties for the years ended December 31, 2023, 2024, and 2025, respectively) (5,554,777) (3,629,521) 0
(Provision) / recovery of provision for doubtful accounts 1,640,626 (4,823) 0
General and administrative expenses (including $3,099,000, $7,859,350 and $3,942,173 to related parties for the years ended December 31, 2023, 2024, and 2025, respectively) (19,429,796) (13,343,878) (5,681,371)
Net gain / (loss) on sale of vessels (including $1,111,135, $2,069,012 and $699,205 to related parties for the years ended December 31, 2023, 2024, and 2025, respectively) (2,005,320) 19,298,394 6,383,858
Gain from a claim 0 1,418,096 0
Total expenses, net (89,467,385) (47,662,445) (75,507,597)
Other operating income (expense):      
Net gain on disposition of assets 309,680 158,440 0
Net loss from equity method investments (326,123) 0 0
Net gain / (loss) from equity method investments measured at fair value (10,755,335) 2,687,236 0
Total other operating income (expense) (10,771,778) 2,845,676 0
Operating income / (loss) (18,424,758) 21,426,610 22,007,914
OTHER INCOME/(EXPENSES):      
Interest and finance costs (including $0, $781,828 and $2,775,459 to related parties for the years ended December 31, 2023, 2024 and 2025, respectively) (4,971,728) (6,086,355) (11,259,643)
Interest income 1,912,530 6,882,719 3,209,886
Dividend income from equity method investments measured at fair value (related party) 17,967,315 0 0
Foreign exchange losses (420,370) (161,142) (92,745)
Dividend income on equity securities 3,415,291 6,692,418 1,312,222
Dividend income from related party 1,361,112 1,423,332 1,166,667
Other, net 4,692,704 0 0
Gain on debt securities 4,069 0 0
Gain / (loss) on equity securities 16,871,867 (14,738,660) 5,136,649
Total other (expenses) / income, net 40,832,790 (5,987,688) (526,964)
Net income from continuing operations, before taxes 22,408,032 15,438,922 21,480,950
Withholding Tax on dividends received (542,765) 0 0
Income taxes (323,104) (133,988) (177,794)
Net income from continuing operations, net of taxes 21,542,163 15,304,934 21,303,156
Net income from discontinued operations, net of taxes 0 0 17,339,332
Net income 21,542,163 15,304,934 38,642,488
Less: Net income attributable to the non-controlling interest (2,273,340) (685,938) 0
Net income attributable to Castor Maritime Inc. 19,268,823 14,618,996 38,642,488
Deemed dividend on warrants repurchase 0 0 (444,885)
Net income attributable to common shareholders of Castor Maritime Inc. 10,925,627 33,804,394 36,980,474
Other comprehensive (loss) / income:      
Foreign currency translation 29,647,528 (1,878,694) 0
Net cash flow hedges 324,666 (168,377) 0
Other comprehensive (loss) / income 29,972,194 (2,047,071) 0
Other comprehensive loss / (income) attributable to noncontrolling interests (7,834,495) 537,884 0
Other comprehensive (loss) / income attributable to Castor Maritime Inc. 22,137,699 (1,509,187) 0
Total comprehensive income 51,514,357 13,257,863 38,642,488
Comprehensive income attributable to noncontrolling interests (10,107,835) (148,054) 0
Total comprehensive income attributable to Castor Maritime Inc. $ 41,406,522 $ 13,109,809 $ 38,642,488
Earnings per common share, basic attributable to Castor Maritime Inc. common shareholders, continuing operations (in dollars per share) $ 1.13 $ 3.5 $ 2.05
Earnings per common share, diluted attributable to Castor Maritime Inc. common shareholders, continuing operations (in dollars per share) 0.36 0.38 0.95
Earnings per common share, basic attributable to Castor Maritime Inc. common shareholders, discontinued operations (in dollars per share) 0 0 1.81
Earnings per common share, diluted attributable to Castor Maritime Inc. common shareholders, discontinued operations (in dollars per share) 0 0 0.79
Earnings per common share, basic attributable to Castor Maritime Inc. common shareholders, Total (in dollars per share) 1.13 3.5 3.86
Earnings per common share, diluted attributable to Castor Maritime Inc. common shareholders, Total (in dollars per share) $ 0.36 $ 0.38 $ 1.74
Weighted average number of common shares, basic (in shares) 9,662,354 9,662,354 9,571,045
Weighted average number of common shares, diluted (in shares) 53,652,910 38,745,250 21,953,833
Time Charter [Member]      
REVENUES:      
Total vessel revenues $ 42,180,126 $ 65,069,003 $ 97,515,511
Pool [Member]      
REVENUES:      
Total vessel revenues 4,060,766 0 0
Series D Preferred Stock [Member]      
OTHER INCOME/(EXPENSES):      
Dividend on Preferred Shares (4,979,167) (2,645,833) (1,020,833)
Deemed dividend on Preferred Shares (3,005,817) (606,444) (196,296)
Deemed contribution from preferred shareholders 0 22,437,675 0
Series E Preferred Stock [Member]      
OTHER INCOME/(EXPENSES):      
Dividend on Preferred Shares (189,583) 0 0
Deemed dividend on Preferred Shares $ (168,629) $ 0 $ 0
[1] Results for the year ended December 31, 2024 reflect data for the period from the acquisition of MPC Capital on December 16, 2024, through December 31, 2024.