Data Storage Corp (DTST) financial statements (2020 and earlier)
Company profile
| Business Address |
48 SOUTH SERVICE ROAD MELVILLE, NY 11747 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| 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)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 229 | 105 | 256 | 67 | 110 | |||
| Cash and cash equivalents | 229 | 105 | 256 | 67 | 110 | |||
| Receivables | 531 | 406 | 808 | 119 | 115 | |||
| Other undisclosed current assets | 168 | 120 | 231 | 231 | 119 | |||
| Total current assets: | 928 | 632 | 1,295 | 417 | 344 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 701 | |||||||
| Long-term investments and receivables | 20 | 16 | ||||||
| Long-term investments | 20 | 16 | ||||||
| Intangible assets, net (including goodwill) | 3,568 | 4,060 | 4,315 | 2,552 | 2,651 | |||
| Goodwill | 3,016 | 3,016 | 3,986 | 2,202 | 2,202 | |||
| Intangible assets, net (excluding goodwill) | 552 | 1,044 | 329 | 350 | 449 | |||
| Other noncurrent assets | 65 | 75 | 55 | 6 | 6 | |||
| Other undisclosed noncurrent assets | 294 | 3 | 86 | (625) | ||||
| Total noncurrent assets: | 3,928 | 4,138 | 4,369 | 2,664 | 2,749 | |||
| Other undisclosed assets | 1,288 | 1,624 | 179 | 311 | 701 | |||
| TOTAL ASSETS: | 6,144 | 6,394 | 5,843 | 3,393 | 3,794 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 989 | 1,087 | 1,219 | 1,051 | 741 | |||
| Accounts payable | 375 | |||||||
| Interest and dividends payable | 847 | 734 | 619 | 513 | 417 | |||
| Other undisclosed accounts payable and accrued liabilities | 142 | 354 | 225 | 538 | 324 | |||
| Debt | 350 | (308) | 146 | 1,109 | 580 | |||
| Due to related parties | 246 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 567 | 919 | 437 | 470 | ||
| Other undisclosed current liabilities | 1,792 | 2,238 | 1,502 | 997 | 858 | |||
| Total current liabilities: | 3,130 | 3,583 | 3,787 | 3,594 | 2,895 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 1,219 | 1,131 | 134 | 1,536 | 919 | |||
| Long-term debt, excluding current maturities | 1,189 | 350 | ||||||
| Capital lease obligations | ✕ | 1,219 | 1,131 | 134 | 347 | 569 | ||
| Liabilities, other than long-term debt | 19 | 101 | 192 | 13 | 1,066 | |||
| Deferred revenue and credits | ✕ | ✕ | 1 | 2 | 1 | 1 | ||
| Deferred rent credit | 19 | ✕ | ✕ | ✕ | ✕ | |||
| Due to related parties | 100 | 190 | 12 | 1,066 | ||||
| Other undisclosed noncurrent liabilities | 0 | 0 | ||||||
| Total noncurrent liabilities: | 1,238 | 1,232 | 326 | 1,549 | 1,985 | |||
| Total liabilities: | 4,368 | 4,815 | 4,112 | 5,143 | 4,880 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 1,804 | 1,583 | 1,730 | (1,751) | (1,087) | |||
| Preferred stock | 1 | |||||||
| Common stock | 128 | 128 | 128 | 37 | 37 | |||
| Additional paid in capital | 17,410 | 17,378 | 17,194 | 12,805 | 12,679 | |||
| Accumulated deficit | (15,736) | (15,924) | (15,593) | (14,594) | (13,804) | |||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | 1 | 1 | ||||
| Stockholders' equity attributable to noncontrolling interest | (28) | (4) | ||||||
| Total stockholders' equity: | 1,776 | 1,579 | 1,730 | (1,751) | (1,087) | |||
| TOTAL LIABILITIES AND EQUITY: | 6,144 | 6,394 | 5,843 | 3,393 | 3,794 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 8,887 | 8,257 | 4,385 | 3,991 | 4,013 | ||
| Revenue, net | ✕ | ✕ | 8,257 | 4,385 | 3,991 | ||
| Cost of revenue | (5,428) | (4,910) | (3,104) | (2,503) | (2,183) | ||
| Gross profit: | 3,459 | 3,347 | 1,281 | 1,489 | 1,830 | ||
| Operating expenses | (3,124) | (3,431) | (1,881) | (1,881) | (2,536) | ||
| Other undisclosed operating income | 209 | ||||||
| Operating income (loss): | 335 | (85) | (601) | (392) | (496) | ||
| Nonoperating expense | (99) | (104) | (293) | (302) | (164) | ||
| Interest and debt expense | (99) | (107) | (228) | (288) | (166) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 166 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 138 | (295) | (1,122) | (982) | (660) | ||
| Other undisclosed income from continuing operations before income taxes | 99 | 107 | 228 | 288 | |||
| Net income (loss): | 237 | (188) | (893) | (694) | (660) | ||
| Net income attributable to noncontrolling interest | 23 | 4 | |||||
| Net income (loss) attributable to parent: | 260 | (184) | (893) | (694) | (660) | ||
| Preferred stock dividends and other adjustments | (113) | (115) | (106) | (96) | (86) | ||
| Net income (loss) available to common stockholders, basic: | 147 | (299) | (999) | (790) | (746) | ||
| Dilutive securities, effect on basic earnings per share | 2,098 | ||||||
| Net income (loss) available to common stockholders, diluted: | 2,245 | (299) | (999) | (790) | (746) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 237 | (188) | (893) | (694) | (660) | ||
| Comprehensive income (loss): | 237 | (188) | (893) | (694) | (660) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 23 | 4 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 260 | (184) | (893) | (694) | (660) | ||
Statements sources
The financial statements are based on the company's filings with the 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.