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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ 6,686 $ (6,923)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 4,562 3,528
Amortization and write-off of special survey costs 266 306
Allowance for credit losses 49
Amortization and write-off of financing costs 229 171
Loss from debt extinguishment 34 458
Gain from financial derivative instruments (511) 18
Issuance of common stock under the promissory note 55
Changes in assets and liabilities:    
Inventories (1,252) (385)
Due to related parties 1,596 2,428
Trade accounts receivable, net (7,368) (1,282)
Prepayments and other assets (129) (127)
Insurance claim receivable (1,894)
Special survey cost (442)
Trade accounts payable 655 (933)
Hire collected in advance 918 (726)
Accrued and other liabilities (222) (11)
Net cash provided by / (used in) operating activities 3,177 (3,423)
Cash flow from investing activities:    
Proceeds from the sale of vessel, net 8,509
Payments for vessel acquisition (2,995) (20,000)
Ballast water treatment system installation (555) (155)
Vessel additions (3)
Net cash provided by / (used in) investing activities 4,959 (20,158)
Cash flows from financing activities:    
Proceeds from long-term debt 30,500
Repayment of long-term debt (10,505) (27,150)
Gross proceeds from issuance of common stock 25,000
Common stock offering costs (1,860)
Gross proceeds from the issuance of Series A Convertible Preferred units 6,170
Preferred shares offering costs (512)
Proceeds from exercise of warrants into common shares 202
Repayment of promissory note (1,000)
Financial derivative instrument (74)
Payment of financing costs (1) (625)
Preferred stock dividends paid (654) (318)
Net cash (used in) / provided by financing activities (11,160) 30,333
Net (decrease) /increase in cash and cash equivalents and restricted cash (3,024) 6,752
Cash and cash equivalents and restricted cash at the beginning of the period 9,874 4,037
Cash and cash equivalents and restricted cash at the end of the period 6,850 10,789
SUPPLEMENTAL INFORMATION:    
Cash paid for interest 2,773 2,298
Unpaid portion of vessel additions 28
Non-cash financing activities-issuance of common stock under the promissory note 1,055
Unpaid portion for common stock offering costs and financing cost 153
Unpaid portion of financing costs $ 40