2023 Q2 Form 10-Q Financial Statement

#000173112223000914 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $5.904M $6.880M $8.657M
YoY Change 22.3% -20.53% 236.86%
Cost Of Revenue $3.326M $4.790M $6.011M
YoY Change 11.71% -20.32% 323.33%
Gross Profit $2.579M $2.090M $2.646M
YoY Change 39.35% -21.02% 130.08%
Gross Profit Margin 43.68% 30.38% 30.56%
Selling, General & Admin $2.472M $2.131M $2.460M
YoY Change -4.71% -13.38% 119.63%
% of Gross Profit 95.86% 101.96% 92.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $301.0K $288.7K $351.3K
YoY Change 37.09% -17.83% 30.13%
% of Gross Profit 11.67% 13.82% 13.28%
Operating Expenses $2.472M $2.131M $2.460M
YoY Change -4.71% -13.38% 119.63%
Operating Profit $106.7K -$41.01K $186.0K
YoY Change -114.36% -122.05% 520.13%
Interest Expense $99.29K $76.08K -$42.66K
YoY Change -12.65% -278.34% 6.65%
% of Operating Profit 93.02% -22.93%
Other Income/Expense, Net $99.29K $76.08K -$42.66K
YoY Change -187.36% -278.33%
Pretax Income $206.0K $35.06K $143.4K
YoY Change -124.03% -75.55%
Income Tax
% Of Pretax Income
Net Earnings $226.8K $35.06K $156.0K
YoY Change -126.78% -77.53%
Net Earnings / Revenue 3.84% 0.51% 1.8%
Basic Earnings Per Share $0.03 $0.01 $0.02
Diluted Earnings Per Share $0.03 $0.01 $23.30K
COMMON SHARES
Basic Shares Outstanding 6.822M shares 6.822M shares 6.696M shares
Diluted Shares Outstanding 7.022M shares 6.954M shares 6.956M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.67M $11.00M $13.42M
YoY Change -4.88% -18.06% 2030.27%
Cash & Equivalents $1.437M $1.882M $13.42M
Short-Term Investments $9.230M $9.114M
Other Short-Term Assets $736.4K $878.5K $1.256M
YoY Change -24.46% -30.07% 137.03%
Inventory
Prepaid Expenses
Receivables $2.222M $3.671M $3.524M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $13.63M $15.55M $18.20M
YoY Change -7.15% -14.59% 863.04%
LONG-TERM ASSETS
Property, Plant & Equipment $2.927M $2.419M $2.937M
YoY Change 13.38% -17.63% 12.55%
Goodwill $4.239M $4.239M
YoY Change -35.39%
Intangibles $1.836M $1.906M
YoY Change -13.18%
Long-Term Investments
YoY Change
Other Assets $48.44K $65.74K $78.05K
YoY Change -99.47% -15.77% 56.1%
Total Long-Term Assets $9.175M $8.806M $11.76M
YoY Change -21.49% -25.13% 93.44%
TOTAL ASSETS
Total Short-Term Assets $13.63M $15.55M $18.20M
Total Long-Term Assets $9.175M $8.806M $11.76M
Total Assets $22.80M $24.35M $29.96M
YoY Change -13.51% -18.73% 275.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.088M $3.699M $4.335M
YoY Change 59.14% -14.67% 181.52%
Accrued Expenses $117.6K $143.5K $206.2K
YoY Change -43.19% -30.43% 87.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $647.9K $762.3K $1.127M
YoY Change -42.7% -32.35% -34.86%
Total Short-Term Liabilities $3.168M $4.914M $5.961M
YoY Change 9.26% -17.56% 20.91%
LONG-TERM LIABILITIES
Long-Term Debt $225.6K $332.0K $992.7K
YoY Change -74.15% -66.56% 0.27%
Other Long-Term Liabilities $9.230K $36.73K $177.4K
YoY Change -92.84% -79.29% 36.42%
Total Long-Term Liabilities $234.8K $368.7K $1.170M
YoY Change -76.55% -68.49% 4.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.168M $4.914M $5.961M
Total Long-Term Liabilities $234.8K $368.7K $1.170M
Total Liabilities $3.403M $5.283M $7.016M
YoY Change -12.77% -24.7% 17.91%
SHAREHOLDERS EQUITY
Retained Earnings -$19.61M -$19.84M
YoY Change 20.89%
Common Stock $6.847K $6.835K
YoY Change 0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.59M $19.24M $22.95M
YoY Change
Total Liabilities & Shareholders Equity $22.80M $24.35M $29.96M
YoY Change -13.51% -18.73% 275.94%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $226.8K $35.06K $156.0K
YoY Change -126.78% -77.53%
Depreciation, Depletion And Amortization $301.0K $288.7K $351.3K
YoY Change 37.09% -17.83% 30.13%
Cash From Operating Activities $630.7K $449.1K $1.644M
YoY Change -134.06% -72.68% 369.66%
INVESTING ACTIVITIES
Capital Expenditures $739.1K $426.7K -$25.95K
YoY Change -3024.61% -1744.2% -90.02%
Acquisitions
YoY Change
Other Investing Activities -$115.9K -$103.4K
YoY Change
Cash From Investing Activities -$854.9K -$530.1K -$25.95K
YoY Change 3283.14% 1942.75% -90.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -220.8K -$323.7K -333.0K
YoY Change -32.92% -2.78% -4.87%
NET CHANGE
Cash From Operating Activities 630.7K $449.1K 1.644M
Cash From Investing Activities -854.9K -$530.1K -25.95K
Cash From Financing Activities -220.8K -$323.7K -333.0K
Net Change In Cash -445.0K -$404.7K 1.285M
YoY Change -79.83% -131.5% -594.19%
FREE CASH FLOW
Cash From Operating Activities $630.7K $449.1K $1.644M
Capital Expenditures $739.1K $426.7K -$25.95K
Free Cash Flow -$108.4K $22.47K $1.670M
YoY Change -94.07% -98.65% 173.73%

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CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-52216 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-48179 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
449139 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1643823 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
426671 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25946 usd
CY2023Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
103423 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-530094 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25946 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
183464 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
274393 usd
CY2023Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
140264 usd
CY2022Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
65515 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6935 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-323728 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-332973 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-404683 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1284904 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2286722 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12135803 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1882039 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13420707 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
24863 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
41040 usd
CY2022Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
881308 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zyhcFxWFAtl6" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span><i><span id="xdx_868_z3swPHGvytx8">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span>The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span> </span></p>
CY2023Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
9114391 usd
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
9010968 usd
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
89731 usd
CY2022Q4 dtst Goodwill And Intangible Assets Accumulated Amortization
GoodwillAndIntangibleAssetsAccumulatedAmortization
2427872 usd
CY2022Q4 dtst Total Goodwill And Intangible Assets Net
TotalGoodwillAndIntangibleAssetsNet
6214315 usd
CY2023Q1 dtst Total Intangible Assets Not Subject To Amortization Gross Amount
TotalIntangibleAssetsNotSubjectToAmortizationGrossAmount
4752939 usd
CY2023Q1 dtst Total Intangible Assets Not Subject To Amortization Net Amount
TotalIntangibleAssetsNotSubjectToAmortizationNetAmount
4752939 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
9010968 usd
CY2023Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
103423 usd
CY2023Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
9114391 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_848_eus-gaap--ConcentrationRiskCreditRisk_z1C2k2h3hRmj" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white"><i><span id="xdx_861_zTIomuhcJLg2">Concentration of Credit Risk and Other Risks and Uncertainties</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">Financial instruments and assets subjecting the Company to concentration of credit risk consist primarily of cash and cash equivalents, short-term investments and trade accounts receivable. The Company’s cash and cash equivalents are maintained at major U.S. financial institutions. Deposits in these institutions may exceed the amount of insurance provided on such deposits.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white">The Company’s customers are primarily concentrated in the United States.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="background-color: white"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">As of March 31, 2023, DSC had one customer with an accounts receivable balance representing <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20230331__srt--MajorCustomersAxis__custom--FirstCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zvEHPHUq59ha" title="Concentration Risk, Percentage">61</span>% of total accounts receivable. As of December 31, 2022, the Company had two customers with an accounts receivable balance representing <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20220331__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zHTo6F5dCZMe" title="Concentration Risk, Percentage">23</span>% and <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20220331__srt--MajorCustomersAxis__custom--TwoCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zRNQ0CFMEPg5" title="Concentration Risk, Percentage">14</span>% of total accounts receivable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">For the three months ended March 31, 2023, the Company had one customer that accounted for <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20230331__srt--MajorCustomersAxis__custom--FirstCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zeuYftBNCqH5" title="Concentration Risk, Percentage">33</span>% of revenue. For the three months ended March 31, 2022, the Company had two customers that accounted for <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20220331__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zwS5Wl6Osmck" title="Concentration Risk, Percentage"><span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20220331__srt--MajorCustomersAxis__custom--TwoCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zDSrSCdZ5PLi" title="Concentration Risk, Percentage">55</span></span>% of revenue.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"> </span></p>
CY2023Q1 dtst Accounts Receivables Due
AccountsReceivablesDue
P30D
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2211790 usd
CY2023Q1 us-gaap Depreciation
Depreciation
218979 usd
CY2022Q1 us-gaap Depreciation
Depreciation
281608 usd
CY2022Q4 dtst Total Intangible Assets Not Subject To Amortization Gross Amount
TotalIntangibleAssetsNotSubjectToAmortizationGrossAmount
4752939 usd
CY2022Q4 dtst Total Intangible Assets Not Subject To Amortization Net Amount
TotalIntangibleAssetsNotSubjectToAmortizationNetAmount
4752939 usd
CY2023Q1 us-gaap Revenues
Revenues
6879723 usd
CY2022Q1 us-gaap Revenues
Revenues
8657199 usd
CY2023Q1 us-gaap Revenues
Revenues
6879723 usd
CY2022Q1 us-gaap Revenues
Revenues
8657199 usd
CY2022Q4 dtst Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
3889248 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2427872 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
189878 usd
CY2023Q1 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
50666 usd
CY2022Q1 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
156010 usd
CY2023Q1 dtst Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
6822127 shares
CY2022Q1 dtst Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
6695966 shares
CY2023Q1 dtst Options
Options
130526 shares
CY2022Q1 dtst Options
Options
256601 shares
CY2023Q1 dtst Warrants
Warrants
1667 shares
CY2022Q1 dtst Warrants
Warrants
3333 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6954320 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6955900 shares
CY2023Q1 dtst Earnings Loss Per Share Basic
EarningsLossPerShareBasic
0.01
CY2022Q1 dtst Earnings Loss Per Share Basic
EarningsLossPerShareBasic
0.02
CY2023Q1 dtst Earnings Loss Per Share Diluted
EarningsLossPerShareDiluted
0.01
CY2022Q1 dtst Earnings Loss Per Share Diluted
EarningsLossPerShareDiluted
0.02
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2801117 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1422251 shares
CY2022Q4 dtst Intangible Assets Net Amount
IntangibleAssetsNetAmount
1461376 usd
CY2022Q4 dtst Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
8642187 usd
CY2023Q1 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
25273 usd
CY2022Q4 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
4465 usd
CY2023Q1 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
664596 usd
CY2022Q4 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
439088 usd
CY2023Q1 dtst Prepaid Maintenance
PrepaidMaintenance
27305 usd
CY2022Q4 dtst Prepaid Maintenance
PrepaidMaintenance
45216 usd
CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
89256 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
54564 usd
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
72030 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
41333 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
878460 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
584666 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7597462 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7168488 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5177980 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4956698 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2419482 usd
CY2023Q1 dtst Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
3889248 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2497602 usd
CY2023Q1 dtst Intangible Assets Net Amount
IntangibleAssetsNetAmount
1391646 usd
CY2023Q1 dtst Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
8642187 usd
CY2023Q1 dtst Goodwill And Intangible Assets Accumulated Amortization
GoodwillAndIntangibleAssetsAccumulatedAmortization
2497602 usd
CY2023Q1 dtst Total Goodwill And Intangible Assets Net
TotalGoodwillAndIntangibleAssetsNet
6144585 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
276976 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
268717 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
267143 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
267143 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
200357 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
111310 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1391646 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
69731 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
69730 usd
CY2023Q1 dtst Annual Rent
AnnualRent
11856 usd
CY2023Q1 dtst Fiance Leases Contingent Monthly Rental Payments
FianceLeasesContingentMonthlyRentalPayments
988 usd
CY2021Q3 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2021-08-02
CY2023Q1 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
4820 usd
CY2023Q1 dtst Annual Base Rent
AnnualBaseRent
1403 usd
CY2022Q1 dtst Annual Base Rent
AnnualBaseRent
1470 usd
CY2022Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2022-06-30
CY2022Q2 dtst Finace Lease Contingent Monthly Rental Payments
FinaceLeaseContingentMonthlyRentalPayments
3073 usd
CY2023Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.05 pure
CY2023Q1 dtst Amortization Of Assets Included In Depreciation And Amortization Expense
AmortizationOfAssetsIncludedInDepreciationAndAmortizationExpense
171775 usd
CY2023Q1 dtst Interest On Lease Liabilities Included In Interest Expense
InterestOnLeaseLiabilitiesIncludedInInterestExpense
24863 usd
CY2023Q1 dtst Amortization Of Assets Included In Total Operating Expense
AmortizationOfAssetsIncludedInTotalOperatingExpense
51912 usd
CY2023Q1 dtst Interest On Lease Liabilities Included In Total Operating Expense
InterestOnLeaseLiabilitiesIncludedInTotalOperatingExpense
2456 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
251006 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175842 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
143480 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
36733 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
180213 usd
CY2023Q1 dtst Property And Equipment At Cost
PropertyAndEquipmentAtCost
5521716 usd
CY2023Q1 dtst Accumulated Amortization
AccumulatedAmortization
-3694587 usd
CY2023Q1 dtst Property And Equipment Net
PropertyAndEquipmentNet
1827129 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
762295 usd
CY2023Q1 dtst Finance Leases Net Of Current Obligations
FinanceLeasesNetOfCurrentObligations
331951 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1094246 usd
CY2023Q1 dtst Operating Cash Flows Related To Operating Leases
OperatingCashFlowsRelatedToOperatingLeases
52216 usd
CY2023Q1 dtst Financing Cash Flows Related To Finance Leases
FinancingCashFlowsRelatedToFinanceLeases
323728 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M18D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.07 pure
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
147587 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
632920 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
37020 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
446136 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
71765 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
184607 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1150821 usd
CY2023Q1 dtst Amounts Representing Interest
AmountsRepresentingInterest
-4394 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
56575 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
180213 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1094246 usd
CY2023Q1 dtst Less Longterm Obligations
LessLongtermObligations
-36733 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
331951 usd
CY2023Q1 dtst Operating Leases Liability Noncurrent
OperatingLeasesLiabilityNoncurrent
143480 usd
CY2023Q1 dtst Noncurrent Finance Lease Liabilities
NoncurrentFinanceLeaseLiabilities
762295 usd
CY2023Q1 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
60572 usd
CY2022Q1 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
34219 usd
CY2023Q1 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
260000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
54433 usd
CY2022Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
66505 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
636464 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y5M23D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.77
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.30
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2023Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
22750 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
50000 shares
CY2023Q1 dtst Stock Issued During Period Shares Restricted Stock Award Granted
StockIssuedDuringPeriodSharesRestrictedStockAwardGranted
130972 shares
CY2023Q1 dtst Stock Issued During Period Shares Restricted Stock Award Vested
StockIssuedDuringPeriodSharesRestrictedStockAwardVested
-12500 shares
CY2023Q1 dtst Grant Date Fair Value Vested
GrantDateFairValueVested
3.23
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
168472 shares
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
3502836 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
584666 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2211790 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1975644 usd
CY2022Q4 us-gaap Goodwill
Goodwill
4238671 usd
CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2756 usd
CY2022Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2328 usd
CY2023Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
3671170 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
878460 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2419482 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1905914 usd
CY2023Q1 us-gaap Goodwill
Goodwill
4238671 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175842 usd
CY2023Q1 dtst Other Asset Amount
OtherAssetAmount
11062166 usd
CY2023Q1 us-gaap Assets
Assets
24351705 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3699246 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
309273 usd
CY2023Q1 dtst Finance Leases Payable
FinanceLeasesPayable
500846 usd
CY2023Q1 dtst Total Finance Leases Payable Related Party
TotalFinanceLeasesPayableRelatedParty
593400 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
180213 usd
CY2023Q1 us-gaap Liabilities
Liabilities
5282978 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
226501 usd
CY2022Q4 dtst Other Asset Amount
OtherAssetAmount
11346127 usd
CY2022Q4 us-gaap Assets
Assets
24086235 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3207577 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
281060 usd
CY2022Q4 dtst Finance Leases Payable
FinanceLeasesPayable
641110 usd
CY2022Q4 dtst Total Finance Leases Payable Related Party
TotalFinanceLeasesPayableRelatedParty
776864 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
232429 usd
CY2022Q4 us-gaap Liabilities
Liabilities
5139040 usd
CY2023Q1 us-gaap Revenues
Revenues
6879723 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
4789978 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
2089745 usd
CY2023Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1842049 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
288710 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
2130759 usd
CY2023Q1 dtst Loss From Operations
LossFromOperations
-41014 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
76077 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
76077 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35063 usd
CY2022Q1 us-gaap Revenues
Revenues
8657199 usd
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
6011289 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
2645910 usd
CY2022Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2108528 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
351338 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
2459866 usd
CY2022Q1 dtst Loss From Operations
LossFromOperations
186044 usd
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-42660 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-42660 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
143384 usd

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