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Unaudited Interim Consolidated Statements of Operations - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
REVENUE:    
Revenue (Note 3) $ 68,431 $ 39,476
EXPENSES:    
Voyage expenses 3,720 2,628
Vessel operating expenses 15,822 9,037
Depreciation and amortization of deferred charges (Note 6) 12,273 6,475
General and administrative expenses (Notes 4, 8 and 9) 4,426 3,856
Gain on vessel's sale (Note 6) 0 (19,456)
Provision for credit losses (Note 3) 0 27
Foreign currency (gains) / losses (62) 69
Operating income 32,252 36,840
OTHER INCOME / (EXPENSES)    
Interest and finance costs (Notes 5 and 7) (11,631) (78)
Interest income 1,504 1,737
Changes in fair value of warrants' liability (Note 9) 6 2
Total other income / (expenses), net (10,121) 1,661
Net income 22,131 38,501
Deemed contribution from preferred stockholders in relation to the redemption of Series B preferred shares (Notes 9 and 10) 2,436 0
Dividends on preferred stock (Note 10) (915) (915)
Net income attributable to common stockholders $ 23,652 $ 37,586
Earnings per common share, basic (Note 10) (in dollars per share) $ 1.9 $ 3.02
Earnings per common share, diluted (Note 10) (in dollars per share) $ 0.63 $ 1
Weighted average number of common shares, basic (Note 10) (in shares) 12,432,158 12,432,158
Weighted average number of common shares, diluted (Note 10) (in shares) 39,096,650 38,667,584