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Investment in equity securities
 12 Months Ended
Dec. 31, 2023
Investment in equity securities [Abstract]  
Investment in equity securities
9.
Investment in equity securities

A summary of the movement in listed equity securities for the year ended December 31, 2023 is presented in the table below:

   
Equity securities
  
Balance December 31, 2021
  $
 —  
Equity securities acquired
    60,750  
Proceeds from sale of equity securities
    (88,200 )
Gain on sale of equity securities
    27,450  
Balance December 31, 2022
  
$
—
  
Equity securities acquired
    
72,211,450
  
Proceeds from sale of equity securities
    
(258,999
)
Gain on sale of equity securities
    
2,636
  
Unrealized gain on equity securities revalued at fair value at end of the period
    
5,134,013
  
Balance December 31, 2023
  
$
77,089,100
  

On June 30, 2023, the Company filed a Schedule 13G, reporting that it holds 1,391,500 shares of common stock of Eagle Bulk Shipping Inc. (“Eagle”), representing 14.99% of the issued and outstanding shares of common stock of Eagle as of June 23, 2023.

In the years ended December 31, 2021, 2022 and 2023, the Company received dividends of $0, $24,528 and $1,312,222, respectively, from its investments in listed equity securities.