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Consolidated balance sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 50,901,092 $ 3,389,834
Time deposits 68,000,000 0
Restricted cash 1,005,827 451,225
Receivable from related parties 146,708 355,023
Trade and other receivables 7,898,103 1,400,275
Other current assets 240,002 0
Inventories 5,507,423 258,846
Advances and prepayments 172,908 150,544
Total current assets 133,872,063 6,005,747
Non current assets    
Vessels, net 226,351,081 119,962,984
Restricted cash 5,600,000 2,500,000
Total non current assets 231,951,081 122,462,984
Total assets 365,823,144 128,468,731
Current liabilities    
Trade accounts payable 8,115,462 1,430,251
Payable to related party 3,016,438 1,119,055
Accrued liabilities 1,982,306 486,674
Customer deposits 0 368,000
Deferred income 1,089,959 482,321
Current portion of long-term debt 10,176,538 4,747,616
Total current liabilities 24,380,703 8,633,917
Non current liabilities    
Long-term debt 59,787,923 23,088,971
Total non current liabilities 59,787,923 23,088,971
Total liabilities 84,168,626 31,722,888
Commitments and contingencies
Stockholders' equity    
Capital stock, 2,000,000,000 authorized, 4,775,272 and 192,585,376 issued and outstanding at December 31, 2021 and 2022, respectively 1,945,853 47,753
Preferred stock, Series A, 795,878 and 795,878 preferred shares, issued and outstanding at December 31, 2021 and 2022, respectively 8,119 7,959
Additional paid-in capital 251,096,421 97,161,688
(Accumulated deficit)/Retained earnings 28,604,125 (471,557)
Total stockholders' equity 281,654,518 96,745,843
Total liabilities and stockholders' equity 365,823,144 128,468,731
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, Series A, 795,878 and 795,878 preferred shares, issued and outstanding at December 31, 2021 and 2022, respectively 7,959 7,959
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, Series A, 795,878 and 795,878 preferred shares, issued and outstanding at December 31, 2021 and 2022, respectively $ 160 $ 0