Data Storage Corp (DTST) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments89432722910525667
Cash and cash equivalents89432722910525667
Receivables555691531406808119
Other undisclosed current assets23981168120231231
Total current assets:1,6881,0999286321,295417
Noncurrent Assets
Operating lease, right-of-use asset242324
Long-term investments and receivables     20
Long-term investments     20
Intangible assets, net (including goodwill)3,4723,6663,5684,0604,3152,552
Goodwill3,0163,0163,0163,0163,9862,202
Intangible assets, net (excluding goodwill)4566505521,044329350
Other noncurrent assets49656575556
Other undisclosed noncurrent assets  2943 86
Total noncurrent assets:3,7634,0553,9284,1384,3692,664
Other undisclosed assets2,3022,1891,2881,624179311
TOTAL ASSETS:7,7527,3436,1446,3945,8433,393
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:9809079891,0871,2191,051
Accounts payable    375 
Interest and dividends payable1,116971847734619513
Other undisclosed accounts payable and accrued liabilities(136)(64)142354225538
Deferred revenue462433
Debt1,6921,360350(308)1461,109
Deferred revenue and credits567919437
Other undisclosed current liabilities1,2209711,7922,2381,502997
Total current liabilities:4,3543,6703,1303,5833,7873,594
Noncurrent Liabilities
Long-term debt and lease obligation5021,9441,2191,1311341,536
Long-term debt, excluding current maturities107    1,189
Finance lease, liability2481,713
Capital lease obligations1,2191,131134347
Operating lease, liability148231
Liabilities, other than long-term debt  1910119213
Deferred revenue and credits121
Deferred rent credit  19
Due to related parties   10019012
Other undisclosed noncurrent liabilities827   0 
Total noncurrent liabilities:1,4771,9441,2381,2323261,549
Total liabilities:5,8315,6154,3684,8154,1125,143
Stockholders' equity
Stockholders' equity attributable to parent, including:2,0161,7961,8041,5831,730(1,751)
Preferred stock11    
Common stock12912812812812837
Additional paid in capital17,62017,45617,41017,37817,19412,805
Accumulated deficit(15,735)(15,790)(15,736)(15,924)(15,593)(14,594)
Other undisclosed stockholders' equity attributable to parent  1111
Stockholders' equity attributable to noncontrolling interest(95)(68)(28)(4)  
Total stockholders' equity:1,9211,7281,7761,5791,730(1,751)
TOTAL LIABILITIES AND EQUITY:7,7527,3436,1446,3945,8433,393

Income statement (P&L) ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues9,3218,4848,8878,2574,3853,991
Revenue, net8,2574,3853,991
Cost of revenue(5,425)(4,746)(5,428)(4,910)(3,104)(2,503)
Gross profit:3,8963,7383,4593,3471,2811,489
Operating expenses(3,897)(3,531)(3,124)(3,431)(1,881)(1,881)
Operating income (loss):(1)207335(85)(601)(392)
Nonoperating income (expense)174(177)(99)(104)(293)(302)
Interest and debt expense350(177)(99)(107)(228)(288)
Income (loss) from continuing operations before equity method investments, income taxes:523(148)138(295)(1,122)(982)
Other undisclosed income (loss) from continuing operations before income taxes(350)17799107228288
Net income (loss):17329237(188)(893)(694)
Net income attributable to noncontrolling interest2741234  
Net income (loss) attributable to parent:20070260(184)(893)(694)
Preferred stock dividends and other adjustments(145)(124)(113)(115)(106)(96)
Net income (loss) available to common stockholders, basic:55(54)147(299)(999)(790)
Dilutive securities, effect on basic earnings per share 8,5592,098   
Net income (loss) available to common stockholders, diluted:558,5052,245(299)(999)(790)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):17329237(188)(893)(694)
Comprehensive income (loss):17329237(188)(893)(694)
Comprehensive income, net of tax, attributable to noncontrolling interest2741234  
Comprehensive income (loss), net of tax, attributable to parent:20070260(184)(893)(694)

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.

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