Company research
Data Storage Corp
CIK 1419951Updated Sep 24, 2026
SecurityDTST · NASDAQ · equity
Historical securities (1)
DTSTW · NASDAQ · warrant · closed May 18, 2026Name history
Euro Trend Inc. · through Nov 19, 2008
DTST price & chart
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NASDAQ:DTST on TradingView ↗About the company
Data Storage Corporation (Nasdaq: DTST), through its subsidiary Nexxis Inc., provides VoIP, internet access, SD-WAN, and data transport services as part of its integrated technology solutions platform. The Company is also pursuing strategic initiatives focused on AI continuity infrastructure for regulated industries, including the planned establishment of Sovereign AI Solutions (“SaiS”), which is intended to support recovery, resiliency, and compliance for sovereign AI and AI Factory environments.
In the news
Data Storage Corporation Appoints AI and Cybersecurity Veteran Jerome Naidoo as Strategic Advisor ↗
Recent filings
4 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
DEFA14A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 43,022,474Source | 25,280,215Source | 23,301,019Source | 24,086,235Source |
| Property, Plant and Equipment, NetUSD | — | 3,439,656Source | 2,732,774Source | 2,211,790Source |
| GoodwillUSD | — | 4,238,671Source | 4,238,671Source | 4,238,671Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 1,427,006Source | 1,698,084Source | 1,975,644Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,989,354Source | 1,070,097Source | 1,428,730Source | 2,286,722Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 34,605Source | 2,225,458Source | 1,259,972Source | 3,502,836Source |
| Assets, CurrentUSD | 42,626,926Source | 15,416,063Source | 14,520,073Source | 15,385,192Source |
| Prepaid Expense and Other Assets, CurrentUSD | 98,843Source | 859,502Source | 513,175Source | 584,666Source |
| Operating Lease, Right-of-Use AssetUSD | — | 575,380Source | 62,981Source | 226,501Source |
| Other Assets, NoncurrentUSD | — | — | 48,436Source | 6,489,253Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,337,011Source | 4,108,250Source | 3,546,604Source | 5,139,040Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 7,793Source | 7,045Source | 6,881Source | 6,822Source |
| Additional Paid in CapitalUSD | 40,706,616Source | 40,417,813Source | 39,490,285Source | 38,982,440Source |
| Retained Earnings (Accumulated Deficit)USD | 222,111Source | -18,982,589Source | -19,505,803Source | -19,887,378Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -14,235Source | -23,214Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 40,922,285Source | 21,419,055Source | 19,991,363Source | 19,101,884Source |
| Liabilities and EquityUSD | 43,022,474Source | 25,280,215Source | 23,301,019Source | 24,086,235Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,024,677Source | 3,546,149Source | 3,508,666Source | 4,529,785Source |
| Operating Lease, Liability, CurrentUSD | — | 98,860Source | 63,983Source | 160,657Source |
| Operating Lease, Liability, NoncurrentUSD | — | 523,070Source | — | 71,772Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -236,822Source | -247,090Source | -236,948Source | -154,689Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | 2,225,458Source | — | 3,502,836Source |
| Deferred Revenue, CurrentUSD | — | 212,390Source | 336,201Source | 281,060Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 19,214,968Source | 513,072Source | 299,316Source | -4,408,863Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 5,235Source | 1,350,238Source | 1,301,594Source | 1,225,911Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,005,830Source | 794,687Source | 506,205Source | 734,479Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -17,901Source | 1,010,880Source | -2,242,864Source | 1,118,469Source |
| Deferred Income Tax Expense (Benefit)USD | 273,303Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,162,364Source | 1,740,089Source | 3,873,047Source | 663,801Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 6,920,189Source | -1,743,174Source | -3,852,245Source | -9,138,225Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 16,024Source | 1,800,364Source | 1,545,017Source | 127,257Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,348,518Source | -352,957Source | -878,794Source | -1,374,657Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,419,257Source | -358,633Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,489,354Source | 1,070,097Source | 1,428,730Source | 2,286,722Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 23,549Source | 65,057Source | 127,871Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 9,950Source | -2,591Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 271,078Source | 277,560Source | 278,922Source |
| DepreciationUSD | — | 1,079,160Source | 1,024,034Source | 946,989Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 20,118,681Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | 1,599Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -1,599Source | — | — |
| General and Administrative ExpenseUSD | — | 1,067,006Source | — | — |
| GoodwillUSD | — | 4,238,671Source | 4,238,671Source | 4,238,671Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | -120,123Source | -225,000Source | -1,180,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | 2,322,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -866,195Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -37,518Source | — | — | — |
| Income Tax Expense (Benefit)USD | 1,857,136Source | 39,031Source | — | — |
| InterestExpenseNonoperatingUSD | — | 119,008Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | 523,214Source | 381,575Source | -4,356,802Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 10,268Source | -10,142Source | -82,259Source | -52,061Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 19,204,700Source | 513,072Source | — | -4,356,802Source |
| Nonoperating Income (Expense)USD | — | 472,212Source | 467,727Source | -332,848Source |
| Operating ExpensesUSD | — | 11,023,476Source | — | 12,159,308Source |
| Other Depreciation and AmortizationUSD | — | — | 195,000Source | 163,000Source |
| Payments of Financing CostsUSD | — | — | 0Source | 127,343Source |
| Proceeds from Stock Options ExercisedUSD | 957,997Source | 133,005Source | 1,699Source | 6,934Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -11,175,518Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,382,929Source | 25,371,303Source | 24,959,576Source | 23,870,837Source |
| Cost of RevenueUSD | — | 12,154Source | — | — |
| Selling, General and Administrative ExpenseUSD | 4,188,026Source | 11,023,476Source | 9,744,736Source | 9,837,308Source |
| Operating Income (Loss)USD | -3,573,702Source | 79,891Source | -168,411Source | -4,076,015Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,723,331Source | 552,103Source | 299,316Source | -4,408,863Source |
| Income Tax Expense (Benefit)USD | 1,857,136Source | 39,031Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 10,268Source | -10,142Source | -82,259Source | -52,061Source |
| Net Income (Loss) Attributable to ParentUSD | — | 523,214Source | 381,575Source | -4,356,802Source |
| Earnings Per Share, BasicUSD per share | 2.64Source | 0.08Source | 0.06Source | -0.64Source |
| Earnings Per Share, DilutedUSD per share | 2.64Source | 0.07Source | 0.05Source | -0.64Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 7,273,110Source | 6,931,399Source | 6,841,094Source | 6,775,140Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 7,273,110Source | 7,347,779Source | 7,215,069Source | 6,775,140Source |
| Interest Expense (non-operating)USD | — | 119,008Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 271,078Source | 277,560Source | 278,922Source |
| Current Income Tax Expense (Benefit)USD | -2,130,439Source | — | — | — |
| General and Administrative ExpenseUSD | — | 1,067,006Source | — | — |
| Gross ProfitUSD | 614,324Source | 11,103,367Source | 9,576,325Source | 8,083,293Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -866,195Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -37,518Source | — | — | — |
| Interest ExpenseUSD | — | 119,008Source | 74,502Source | 130,087Source |
| Interest Income, OtherUSD | 850,371Source | 592,819Source | 542,229Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 19,204,700Source | 513,072Source | — | -4,356,802Source |
| Nonoperating Income (Expense)USD | — | 472,212Source | 467,727Source | -332,848Source |
| Operating ExpensesUSD | — | 11,023,476Source | — | 12,159,308Source |
| Other Cost of Operating RevenueUSD | 80,535Source | — | — | — |
Filing attachments
e7855_ex99-1.htm · 8-K · 2026-08-14
EX-99.1 2 e7855_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Provides Second Quarter 2026 Business Update Conference Call to be Held Today at 11:00 am ET New York, N.Y., August 14, 2026 (GLOBE NEWSWIRE) - Data Storage Corporation (Nasdaq: DTST) (“DTST” and the “Company”), today provided a business update for the second quarter ended June 30, 2026. Business Highlights: Advanced the Company’s long-term investment strategy by actively evaluating acquisition opportun…
Read attachment ↗e7643_ex99-1.htm · 8-K · 2026-05-15
EX-99.1 2 e7643_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Provides First Quarter 2026 Business Update Highlights Strategic Expansion into AI Continuity Infrastructure for Regulated Industries Conference Call to be Held Today at 11:00 am ET New York, N.Y., May 15, 2026 (GLOBE NEWSWIRE) - Data Storage Corporation (Nasdaq: DTST) (“DTST” and the “Company”), today provided a business update for the first quarter ended March 31, 2026, highlighting the Company’s strategic i…
Read attachment ↗e7557_ex99-1.htm · 8-K · 2026-04-14
EX-99.1 2 e7557_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Reports Fiscal Year 2025 Results; Completes $40 Million CloudFirst Divestiture, Returns $29.3 Million to Shareholders Via Tender Offer, and Reports Record Net Income of $19.2 Million Company enters 2026 debt-free with over $10 million in capital, Nexxis operations growing 13.4% with 44.4% gross margins, and a goal of pursuing opportunities in high-growth technology sectors Conference Call to be Held Today at 11:…
Read attachment ↗e7231_ex99-1.htm · 8-K/A · 2026-01-16
EX-99.1 2 e7231_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Announces Final Results of Tender Offer Company Retires Approximately 72% of Outstanding Shares and Maintains Cash to Execute Disciplined, Transformational M&A Strategy New York, N.Y., January 15, 2026 (GLOBE NEWSWIRE) - Data Storage Corporation (Nasdaq: DTST) (“Data Storage” or the “Company”), today announced the final results of its previously announced tender offer to acquire up to 6,192,990 shares of the Co…
Read attachment ↗e7218_ex99-1.htm · 8-K · 2026-01-16
EX-99.1 2 e7218_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Announces Final Results of Tender Offer Company Retires Approximately 72% of Outstanding Shares and Maintains Cash to Execute Disciplined, Transformational M&A Strategy New York, N.Y., January 15, 2026 (GLOBE NEWSWIRE) - Data Storage Corporation (Nasdaq: DTST) (“Data Storage” or the “Company”), today announced the final results of its previously announced tender offer to acquire up to 6,192,990 shares of the Co…
Read attachment ↗e7160_ex99-1.htm · 8-K · 2025-12-23
EX-99.1 2 e7160_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Data Storage Corporation Extends Expiration Time of Offer to Purchase MELVILLE, N.Y., December 23, 2025 (GLOBE NEWSWIRE) - Data Storage Corporation (Nasdaq: DTST) (“Data Storage” or the “Company”), today announced that it will extend the Expiration Time for its Offer to Purchase. The Offer to Purchase shall be extended from January 7, 2026 to January 12, 2026. The Company will file an Amendment No. 2 to its Schedule TO with the Securiti…
Read attachment ↗