Data Storage Corp
For the period ended Mar 31, 2026. Filed May 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 15, 2026
DTST$2.63+9.1%Stored close · as of Nov 6, 2026
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Item 1. Condensed Consolidated Balance Sheets as of March 31, 2026 (unaudited), and December 31, 2025
CONDENSED CONSOLIDATED BALANCE SHEETS** ** **
| March 31, 2026 (Unaudited) | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $114,622 | $1,989,354 |
| Accounts receivable, net of allowance for expected credit losses of $648 at March 31, 2026 and December 31, 2025 | 29,538 | 34,605 |
| Escrow funds receivable | 1,500,000 | 1,500,000 |
| Marketable securities | 9,571,837 | 39,004,124 |
| Prepaid expenses and other current assets | 398,789 | 98,843 |
| Total current assets | 11,614,786 | 42,626,926 |
| Property and equipment, net | 16,715 | 16,866 |
| Other long-term assets | 121,945 | 378,682 |
| Total assets | $11,753,446 | $43,022,474 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses | $562,399 | $842,473 |
| Payable to purchaser of discontinued operations | — | 15,889 |
| Income taxes payable | 434,685 | 1,166,315 |
| Total current liabilities | 997,084 | 2,024,677 |
| Deferred tax liability - non-current | 86,445 | 312,334 |
| Total long-term liabilities | 86,445 | 312,334 |
| Total liabilities | 1,083,529 | 2,337,011 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value $0.001; 10,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2026 and December 31, 2025 | — | — |
| Common stock, par value $0.001; 250,000,000 shares authorized; 7,792,267 and 2,167,138 shares issued and outstanding at March 31, 2026, respectively; 7,792,267 shares issued and outstanding at December 31, 2025 | 7,793 | 7,793 |
| Treasury stock, at cost; 5,625,129 and 0 shares as of March 31, 2026 and December 31, 2025, respectively | (29,821,464) | — |
| Additional paid-in capital | 41,117,566 | 40,706,616 |
| Retained earnings (accumulated deficit) | (409,161) | 222,111 |
| Accumulated other comprehensive loss | — | (14,235) |
| Total Data Storage Corporation stockholders’ equity | 10,894,734 | 40,922,285 |
| Non-controlling interest in consolidated subsidiary | (224,817) | (236,822) |
| Total stockholders’ equity | 10,669,917 | 40,685,463 |
| Total liabilities and stockholders’ equity | $11,753,446 | $43,022,474 |
The accompanying notes are an integral part of these condensed consolidated Financial Statements.
DATA STORAGE CORPORATION AND SUBSIDIARIES
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