v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 1,989,354 $ 1,070,097
Accounts receivable, net of allowance for expected credit losses of $648 and $767 in 2025 and 2024, respectively 34,605 59,018
Escrow funds receivable 1,500,000
Marketable securities 39,004,124 11,261,006
Prepaid expenses and other current assets 98,843 118,538
Current assets of discontinued operations 2,907,404
Total current assets 42,626,926 15,416,063
Property and equipment, net 16,866 6,077
Other long-term assets 378,682 137,077
Non-current assets of discontinued operations 9,720,998
Total assets 43,022,474 25,280,215
Current Liabilities:    
Accounts payable and accrued expenses 842,473 588,590
Payable to purchaser of discontinued operations 15,889
Income taxes payable 1,166,315
Current liabilities of discontinued operations 2,957,559
Total current liabilities 2,024,677 3,546,149
Deferred tax liability - non-current 312,334 39,031
Non-current liabilities of discontinued operations 523,070
Total long-term liabilities 312,334 562,101
Total liabilities 2,337,011 4,108,250
Stockholders’ equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2025 and 2024
Common stock, par value $0.001; 250,000,000 shares authorized; 7,792,267 and 7,045,108 shares issued and outstanding at December 31, 2025 and 2024, respectively 7,793 7,045
Additional paid-in capital 40,706,616 40,417,813
Retained earnings (accumulated deficit) 222,111 (18,982,589)
Accumulated other comprehensive loss (14,235) (23,214)
Total Data Storage Corporation stockholders’ equity 40,922,285 21,419,055
Non-controlling interest in consolidated subsidiary (236,822) (247,090)
Total stockholders’ equity 40,685,463 21,171,965
Total liabilities and stockholders’ equity $ 43,022,474 $ 25,280,215