Interest and Finance Costs (Tables)

12 Months Ended

Dec. 31, 2025

Interest and Finance Costs [Abstract]

Interest and Finance Costs

The amounts in the accompanying consolidated statements of comprehensive income are analyzed as follows:

	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2023		2024		2025
Interest on long-term debt and financial liabilities	$	9,826,795	$	3,685,040	$	1,269,578
Interest on long-term debt – related party (Note 4 (e))		—		364,205		1,771,836
Amortization and write-off of deferred finance charges		888,523		810,000		213,502
Other finance charges (including $0, $417,623 and $1,003,624 to related parties for the year ended December 31, 2023, 2024 and 2025, respectively, Note 4(a))		544,325		1,227,110		1,716,812
Total	$	11,259,643	$	6,086,355	$	4,971,728