General and Administrative Expenses (Tables)

12 Months Ended

Dec. 31, 2025

General and Administrative Expenses [Abstract]

General and Administrative Expenses

General and administrative expenses are analyzed as follows:

	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2023		2024		2025
Non-executive directors’ compensation	$	72,000	$	126,000	$	126,000
Director fees (subsidiaries)		—		4,691		233,268
Audit fees		249,217		243,618		2,303,026
Professional fees and other expenses		2,261,154		2,478,250		7,399,977
Personnel expenses		—		155,733		4,350,774
Office and IT expenses (including rent)		—		60,987		1,433,846
Share based compensation		—		9,494		242,571
MPC Capital acquisition-related costs (including $4,471,595 to related parties for the year ended December 31, 2024, Note 4(a))		—		7,017,535		—
Administration fees-related party (Note 4(a))		3,099,000		3,247,570		3,340,334
Total	$	5,681,371	$	13,343,878	$	19,429,796