General Information and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Subsidiary Companies

During the year ended December 31, 2023, the Company held 100% interest in the below companies, each owning one vessel.

Company	Date of Incorporation		Name of Vessel Owned by Subsidiary			Dead Weight Tonnage (“dwt”)		Acquisition Date		Disposal Date
Clean Power Inc.		5/2/2007		Magic Wand			47,000		9/1/2008		—
MR Roi Inc.		5/2/2007		Clean Thrasher			47,000		27/2/2008		—
King of Hearts Inc.		17/3/2008		Clean Sanctuary			46,000		14/7/2009		—
Nirvana Product Trading Inc		25/2/2022		Clean Nirvana			50,000		28/3/2022		—
Volume Jet Trading Inc.		25/2/2022		Clean Justice			46,000		31/5/2022		—
Intercontinental Crude and Product Enterprises Inc.		18/5/2022		Suez Enchanted			160,000		3/6/2022		—
Petroleum Trading and Shipping Inc.		21/4/2022		Suez Protopia			160,000		3/6/2022		—
Haven Exotic Trading Inc.		31/1/2023		Eco Wildfire			33,000		28/3/2023		—
Blue Oddysey International Inc.		31/1/2023		Glorieuse			38,000		27/3/2023		—
Tankpunk Inc.		6/1/2008		Stealth Berana	**		115,804		26/7/2010		—
Drybulk International Trading and Shipping Inc.*		4/7/2022		Eco Bushfire			32,000		21/9/2022		21/6/2023
Raw Commodities & Exports Inc.*		4/7/2022		Eco Angelbay			32,000		19/10/2012		21/6/2023

* Consolidated by the Company up to June 21, 2023, the date the Spin-off of C3is Inc. was completed.

** This vessel was sold on July 14, 2023 (Note 3).

Prior to the Spin-Off, the Company was dependent upon StealthGas Inc. for a major part of its working capital and financing requirements as StealthGas Inc. used a centralized approach to cash management and financing of its operations. Financial transactions relating to the Company were accounted for through the net parent investment account.

Summary of Percentage of Company's Revenues

During 2021, 2022 and 2023 four, two and one charterers, respectively, accounted for 10% or more of the Company’s revenues.

	Year ended December 31,
Charterer	2021			2022			2023
A		—			—			21	%
B		16	%		—			—
C		15	%		—			—
D		15	%		—			—
E		15	%		—			—
F		—			16	%		—
G		—			17	%		—

Schedule of Distribution of Assets and Liabilities to its Wholly-Owned Subsidiary C3is Inc

The assets and liabilities of C3is on June 21, 2023, were as follows:

	June 21, 2023
Cash and cash equivalents		5,000,000
Trade and other receivables		877,202
Inventories		124,813
Advances and prepayments		192,961
Due from related party		188,750
Vessels, net (after impairment of $8,996,023)		28,500,000
Trade accounts payable		816,187
Accrued and other liabilities		357,647
Deferred income		115,940
Net assets of C3is distributed to stockholders and warrantholders		33,593,952
Less investment in preferred shares of C3is issued as part of Spin-off		(12,636,000	)
Distribution of net assets of C3is to stockholders and warrantholders		20,957,952