Data Storage Corporation (DTST) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
48 SOUTH SERVICE ROAD MELVILLE, NY 11747 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,902 | 12,747 | 11,525 | 10,667 | 10,996 | 11,298 | |||
| Cash and cash equivalents | 641 | 1,429 | 993 | 1,437 | 1,882 | 2,287 | |||
| Short-term investments | 11,262 | 11,318 | 10,532 | 9,230 | 9,114 | 9,011 | |||
| Receivables | 4,438 | 1,260 | 2,344 | 2,222 | 3,671 | 3,503 | |||
| Prepaid expense | 129 | 106 | 83 | 97 | 161 | 96 | |||
| Other undisclosed current assets | 537 | 408 | 789 | 640 | 717 | 489 | |||
| Total current assets: | 17,007 | 14,520 | 14,742 | 13,625 | 15,546 | 15,385 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 36 | 63 | 90 | 124 | 176 | ||||
| Property, plant and equipment | 2,865 | 2,733 | 2,739 | 2,927 | 2,419 | 2,212 | |||
| Intangible assets, net (including goodwill) | 5,868 | 5,937 | 6,006 | 6,075 | 6,145 | ||||
| Goodwill | 4,239 | 4,239 | 4,239 | 4,239 | 4,239 | ||||
| Intangible assets, net (excluding goodwill) | 1,629 | 1,698 | 1,767 | 1,836 | 1,906 | ||||
| Other noncurrent assets | 48 | 48 | 6,489 | ||||||
| Accounts receivable, excluding accrued interest, after allowance for credit loss | ✕ | (62) | (8) | (49) | (40) | (31) | (27) | ||
| Other undisclosed noncurrent assets | 62 | 8 | 98 | 88 | 97 | 27 | |||
| Total noncurrent assets: | 8,818 | 8,781 | 8,883 | 9,175 | 8,806 | 8,701 | |||
| TOTAL ASSETS: | 25,824 | 23,301 | 23,625 | 22,800 | 24,352 | 24,086 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,836 | 2,609 | 2,859 | 2,088 | 3,699 | 3,208 | |||
| Accrued liabilities | 89 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 4,747 | 2,609 | 2,859 | 2,088 | 3,699 | 3,208 | |||
| Deferred revenue | 310 | 336 | 260 | 314 | 309 | 281 | |||
| Debt | 38 | 140 | 226 | 332 | 537 | ||||
| Other undisclosed current liabilities | 407 | 526 | 541 | 540 | 574 | 504 | |||
| Total current liabilities: | 5,553 | 3,509 | 3,800 | 3,168 | 4,914 | 4,530 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 18 | 80 | 125 | 193 | 281 | ||||
| Finance lease, liability | 18 | 80 | 125 | 193 | 281 | ||||
| Liabilities, other than long-term debt | 9 | 37 | 72 | ||||||
| Operating lease, liability | 9 | 37 | 72 | ||||||
| Other undisclosed noncurrent liabilities | 20 | 61 | 100 | 139 | 256 | ||||
| Total noncurrent liabilities: | 38 | 140 | 235 | 369 | 609 | ||||
| Total liabilities: | 5,553 | 3,547 | 3,940 | 3,403 | 5,283 | 5,139 | |||
| Equity | |||||||||
| Equity, attributable to parent | 20,520 | 19,991 | 19,897 | 19,589 | 19,239 | 19,102 | |||
| Common stock | 7 | 7 | 7 | 7 | 7 | 7 | |||
| Additional paid in capital | 39,662 | 39,490 | 39,321 | 39,192 | 39,069 | 38,982 | |||
| Accumulated deficit | (19,149) | (19,506) | (19,431) | (19,610) | (19,837) | (19,887) | |||
| Equity, attributable to noncontrolling interest | (248) | (237) | (212) | (191) | (170) | (155) | |||
| Total equity: | 20,272 | 19,754 | 19,684 | 19,397 | 19,069 | 18,947 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,824 | 23,301 | 23,625 | 22,800 | 24,352 | 24,086 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,236 | 6,189 | 5,987 | 5,904 | 6,880 | 5,967 | ||
| Cost of revenue | (5,269) | (3,611) | (3,656) | (3,326) | (4,790) | (3,940) | ||
| Gross profit: | 2,966 | 2,577 | 2,330 | 2,579 | 2,090 | 2,027 | ||
| Operating expenses | (2,753) | (2,826) | (2,316) | (2,472) | (2,131) | (5,030) | ||
| Operating income (loss): | 214 | (248) | 14 | 107 | (41) | (3,003) | ||
| Nonoperating income (expense) | 132 | 149 | 144 | 99 | 76 | (147) | ||
| Interest and debt expense | (11) | 56 | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (75) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 335 | (174) | 158 | 206 | 35 | (3,094) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 11 | 75 | (56) | |||||
| Net income (loss): | 346 | (100) | 158 | 206 | 35 | (3,150) | ||
| Net income attributable to noncontrolling interest | 11 | 25 | 21 | 21 | 16 | 22 | ||
| Net income (loss) available to common stockholders, diluted: | 357 | (75) | 179 | 227 | 51 | (3,128) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 346 | (100) | 158 | 206 | 35 | (3,150) | ||
| Comprehensive income (loss): | 346 | (100) | 158 | 206 | 35 | (3,150) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 11 | 25 | 21 | 21 | 16 | 22 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 357 | (75) | 179 | 227 | 51 | (3,128) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.