2024 Q1 Form 10-K Financial Statement

#000173112224000526 Filed on March 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $8.236M $6.189M $24.96M
YoY Change 19.71% -74.07% 4.56%
Cost Of Revenue $5.269M $3.611M $15.38M
YoY Change 10.01% -8.34% -2.56%
Gross Profit $2.966M $2.577M $9.576M
YoY Change 41.95% 27.19% 18.47%
Gross Profit Margin 36.02% 41.65% 38.37%
Selling, General & Admin $2.753M $2.753M $9.745M
YoY Change 29.19% 1.69% -0.94%
% of Gross Profit 92.79% 106.83% 101.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $295.2K $373.4K $1.302M
YoY Change 2.25% 27.19% 6.17%
% of Gross Profit 9.95% 14.49% 13.59%
Operating Expenses $2.753M $2.826M $9.745M
YoY Change 29.19% 4.36% -19.86%
Operating Profit $213.8K -$248.3K -$168.4K
YoY Change -621.27% -63.55% -95.87%
Interest Expense $11.26K $148.8K $74.50K
YoY Change -85.2% 165.74% -42.73%
% of Operating Profit 5.27%
Other Income/Expense, Net $132.1K $0.00 $467.7K
YoY Change 73.65% -100.0% -240.52%
Pretax Income $345.9K -$99.52K $299.3K
YoY Change 886.52% -96.84% -106.79%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings $357.1K -$74.93K $381.6K
YoY Change 918.46% -97.6% -108.76%
Net Earnings / Revenue 4.34% -1.21% 1.53%
Basic Earnings Per Share $0.05 $0.06
Diluted Earnings Per Share $0.05 -$0.01 $0.05
COMMON SHARES
Basic Shares Outstanding 6.920M shares 6.860M shares 6.841M shares
Diluted Shares Outstanding 7.259M shares 7.215M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.75M $12.75M
YoY Change 12.83% 12.83%
Cash & Equivalents $640.7K $1.429M $1.429M
Short-Term Investments $11.32M $11.32M
Other Short-Term Assets $513.2K $513.2K
YoY Change -12.23% -12.23%
Inventory
Prepaid Expenses
Receivables $4.438M $1.260M $1.260M
Other Receivables $0.00 $0.00
Total Short-Term Assets $17.01M $14.52M $14.52M
YoY Change 9.4% -5.62% -5.62%
LONG-TERM ASSETS
Property, Plant & Equipment $2.865M $2.733M $2.796M
YoY Change 18.43% 23.55% 14.66%
Goodwill $4.239M $4.239M
YoY Change 0.0% 0.0%
Intangibles $1.629M $1.698M
YoY Change -14.53% -14.05%
Long-Term Investments
YoY Change
Other Assets $48.44K $48.44K $48.44K
YoY Change -26.32% -99.25% 0.0%
Total Long-Term Assets $8.818M $8.781M $8.781M
YoY Change 0.14% 0.92% 0.92%
TOTAL ASSETS
Total Short-Term Assets $17.01M $14.52M $14.52M
Total Long-Term Assets $8.818M $8.781M $8.781M
Total Assets $25.82M $23.30M $23.30M
YoY Change 6.05% -3.26% -3.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.609M $2.609M
YoY Change -18.66% -18.66%
Accrued Expenses $89.00K $63.98K $63.98K
YoY Change -37.97% -60.18% -60.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $499.5K $499.5K
YoY Change -43.27% -43.27%
Total Short-Term Liabilities $5.553M $3.509M $3.509M
YoY Change 12.99% -22.54% -22.54%
LONG-TERM LIABILITIES
Long-Term Debt $37.94K $37.94K
YoY Change -92.94% -92.94%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $37.94K $37.94K
YoY Change -100.0% -93.77% -93.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.553M $3.509M $3.509M
Total Long-Term Liabilities $0.00 $37.94K $37.94K
Total Liabilities $5.553M $3.547M $3.310M
YoY Change 5.11% -30.99% -33.6%
SHAREHOLDERS EQUITY
Retained Earnings -$19.15M -$19.51M
YoY Change -3.47% -1.92%
Common Stock $6.930K $6.881K
YoY Change 1.39% 0.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.52M $19.99M $19.99M
YoY Change
Total Liabilities & Shareholders Equity $25.82M $23.30M $23.30M
YoY Change 6.05% -3.26% -3.26%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $357.1K -$74.93K $381.6K
YoY Change 918.46% -97.6% -108.76%
Depreciation, Depletion And Amortization $295.2K $373.4K $1.302M
YoY Change 2.25% 27.19% 6.17%
Cash From Operating Activities -$318.6K $1.712M $3.873M
YoY Change -170.94% 230.36% 483.47%
INVESTING ACTIVITIES
Capital Expenditures $358.6K $298.0K $1.545M
YoY Change -15.95% 360.62% 1114.09%
Acquisitions
YoY Change
Other Investing Activities $56.63K -$786.3K -$2.307M
YoY Change -154.76% -91.27% -74.4%
Cash From Investing Activities -$302.0K -$1.084M -$3.852M
YoY Change -43.03% -88.05% -57.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$167.4K -192.0K -$878.8K
YoY Change -48.3% -56.11% -36.07%
NET CHANGE
Cash From Operating Activities -$318.6K 1.712M $3.873M
Cash From Investing Activities -$302.0K -1.084M -$3.852M
Cash From Financing Activities -$167.4K -192.0K -$878.8K
Net Change In Cash -$788.0K 435.4K -$858.0K
YoY Change 94.72% -104.84% -91.29%
FREE CASH FLOW
Cash From Operating Activities -$318.6K $1.712M $3.873M
Capital Expenditures $358.6K $298.0K $1.545M
Free Cash Flow -$677.3K $1.414M $2.328M
YoY Change -3114.34% 211.77% 333.89%

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CY2023 us-gaap Profit Loss
ProfitLoss
299316 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19754415 usd
CY2023 us-gaap Profit Loss
ProfitLoss
299316 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-4408863 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1301594 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1225911 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
506205 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
734479 usd
CY2022 dtst Impairment Of Deferred Offering Costs And Financing Costs Associated With Canceled Financing Efforts
ImpairmentOfDeferredOfferingCostsAndFinancingCostsAssociatedWithCanceledFinancingEfforts
127343 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2322000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2242864 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1118469 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-54788 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-71491 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
48265 usd
CY2023 dtst Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
163520 usd
CY2022 dtst Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
195817 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-598638 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1864188 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
55141 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-85799 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-168446 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-199329 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3873047 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
663801 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1545017 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
127257 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2307228 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
9010968 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3852245 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9138225 usd
CY2023 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
520624 usd
CY2022 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
867741 usd
CY2023 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
359869 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
386509 usd
CY2022 us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
127341 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1699 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6934 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-878794 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1374657 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-857992 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-9849081 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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1428730 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2286722 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
65057 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
127871 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1094051 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_848_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_z3G7OUXZUzN" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><i><span><span id="xdx_86E_zyhdg9z3fKN1">Reclassifications</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Certain prior year amounts in the consolidated financial statements and the notes thereto have been reclassified where necessary to conform to the current year’s presentation. These reclassifications did not affect the prior period’s total assets, total liabilities, stockholders’ equity, net loss or net cash provided by operating activities. During the year ended December 31, 2023, we adopted a change in presentation on our consolidated statements of in order to present interest income as a standalone line, the presentation of which is consistent with our peers. Prior periods have been revised to reflect this change in presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_841_eus-gaap--UseOfEstimates_z2KSnqEykSX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span id="xdx_86C_zLLusuNnKP2h">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1428730 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
2286722 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9010968 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
9010968 usd
CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2307228 usd
CY2023Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
11318196 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84C_eus-gaap--ConcentrationRiskCreditRisk_zwkoHmI4RsW2" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_86C_zWFdVqrirq0d">Concentration of Credit Risk and Other Risks and Uncertainties</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The Company’s customers are primarily concentrated in the United States.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of December 31, 2023, DSC had one customer with an accounts receivable balance representing <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20231231__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zbFTw7qE7b53" title="Concentration Risk, Percentage">20</span>% of total accounts receivable. As of December 31, 2022, the Company had two customers with an accounts receivable balance representing <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--FirstCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zsKVMSFbM7Z9" title="Concentration Risk, Percentage">23</span>% and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--SecondCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zhFxr2RkGqb" title="Concentration Risk, Percentage">14</span>% of total accounts receivable.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2023, the Company had two customers that accounted for <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20231231__srt--MajorCustomersAxis__custom--FirstCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zYt25ET21uQa" title="Concentration Risk, Percentage">12</span>% and <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20231231__srt--MajorCustomersAxis__custom--SecondCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zH4LvZmeATSg" title="Concentration Risk, Percentage">10</span>% of revenue. For the year ended December 31, 2022, the Company had two customers that accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--FirstCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zlqnqsXu5nV1" title="Concentration Risk, Percentage">18</span>% and <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20221231__srt--MajorCustomersAxis__custom--SecondCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zJv687zFXIM4" title="Concentration Risk, Percentage">11</span>% of revenue.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
127343 usd
CY2023 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
24959576 usd
CY2022 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
23870837 usd
CY2023 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
24959576 usd
CY2022 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
23870837 usd
CY2022 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
146159 usd
CY2023 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
277375 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
815674 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
966268 usd
CY2023 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
381575 usd
CY2022 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
-4356802 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6841094 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6775140 shares
CY2023 dtst Options
Options
373975 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7215069 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6775140 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.64
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.64
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2637232 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2720584 shares
CY2023Q4 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
13525 usd
CY2022Q4 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
4465 usd
CY2023Q4 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
362760 usd
CY2022Q4 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
439088 usd
CY2023Q4 dtst Prepaid Maintenance
PrepaidMaintenance
31311 usd
CY2022Q4 dtst Prepaid Maintenance
PrepaidMaintenance
45216 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
63247 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
54564 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
42332 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
41333 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
513175 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
584666 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7838225 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7168488 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5105451 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4956698 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2732774 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2211790 usd
CY2023 us-gaap Depreciation
Depreciation
1024034 usd
CY2022 us-gaap Depreciation
Depreciation
946989 usd
CY2023Q4 dtst Total Intangible Assets Not Subject To Amortization Gross Amount
TotalIntangibleAssetsNotSubjectToAmortizationGrossAmount
4752939 usd
CY2023Q4 dtst Total Intangible Assets Not Subject To Amortization Net Amount
TotalIntangibleAssetsNotSubjectToAmortizationNetAmount
4752939 usd
CY2023Q4 dtst Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
3889248 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2705432 usd
CY2023Q4 dtst Intangible Assets Net Amount
IntangibleAssetsNetAmount
1183816 usd
CY2023Q4 dtst Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
8642187 usd
CY2023Q4 dtst Goodwill And Intangible Assets Accumulated Amortization
GoodwillAndIntangibleAssetsAccumulatedAmortization
2705432 usd
CY2023Q4 dtst Total Goodwill And Intangible Assets Net
TotalGoodwillAndIntangibleAssetsNet
5936755 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
271078 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
267143 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
267143 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
267143 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
111309 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1183816 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
277560 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
278922 usd
CY2023 dtst Annual Rent
AnnualRent
11856 usd
CY2023 dtst Fiance Leases Contingent Monthly Rental Payments
FianceLeasesContingentMonthlyRentalPayments
988 usd
CY2021Q3 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2021-08-02
CY2021Q3 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
4965 usd
CY2023 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
CY2023Q4 dtst Finace Lease Contingent Monthly Rental Payments
FinaceLeaseContingentMonthlyRentalPayments
3073 usd
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.05 pure
CY2023 dtst Amortization Of Assets Included In Depreciation And Amortization Expense
AmortizationOfAssetsIncludedInDepreciationAndAmortizationExpense
970392 usd
CY2023 dtst Interest On Lease Liabilities Included In Interest Expense
InterestOnLeaseLiabilitiesIncludedInInterestExpense
65057 usd
CY2023 dtst Amortization Of Assets Included In Total Operating Expense
AmortizationOfAssetsIncludedInTotalOperatingExpense
141012 usd
CY2023 dtst Interest On Lease Liabilities Included In Total Operating Expense
InterestOnLeaseLiabilitiesIncludedInTotalOperatingExpense
5279 usd
CY2023 us-gaap Lease Cost
LeaseCost
1181740 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
62981 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
63983 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
63983 usd
CY2023Q4 dtst Property And Equipment At Cost
PropertyAndEquipmentAtCost
5521716 usd
CY2023Q4 dtst Accumulated Amortization
AccumulatedAmortization
4493204 usd
CY2023Q4 dtst Property And Equipment Net
PropertyAndEquipmentNet
1028512 usd
CY2023Q4 dtst Current Obligations Of Finance Leases
CurrentObligationsOfFinanceLeases
499544 usd
CY2023Q4 dtst Finance Leases Net Of Current Obligations
FinanceLeasesNetOfCurrentObligations
37938 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
537482 usd
CY2023 dtst Operating Cash Flows Related To Operating Leases
OperatingCashFlowsRelatedToOperatingLeases
168446 usd
CY2023 dtst Financing Cash Flows Related To Finance Leases
FinancingCashFlowsRelatedToFinanceLeases
880493 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M2D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.07 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
65458 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
485187 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
71764 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
65458 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
556951 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1475 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
19469 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
63983 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
537482 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
37938 usd
CY2023Q4 dtst Operating Leases Liability Noncurrent
OperatingLeasesLiabilityNoncurrent
63983 usd
CY2023Q4 dtst Noncurrent Finance Lease Liabilities
NoncurrentFinanceLeaseLiabilities
499544 usd
CY2023 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
276676 usd
CY2022 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
212948 usd
CY2023Q4 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
260000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022 us-gaap Proceeds From Commissions Received
ProceedsFromCommissionsReceived
6934 usd
CY2023 us-gaap Proceeds From Commissions Received
ProceedsFromCommissionsReceived
1699 usd
CY2023 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
315815 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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391283 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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0 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.74
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.72
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P10Y
CY2022 dtst Stock Issued During Period Shares Restricted Stock Award Granted
StockIssuedDuringPeriodSharesRestrictedStockAwardGranted
50000 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
50000 shares
CY2023 dtst Stock Issued During Period Shares Restricted Stock Award Granted
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CY2023 dtst Stock Issued During Period Shares Restricted Stock Award Vested
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CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
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CY2023Q4 dtst Warrants Outstanding Intrinsic Value
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0 usd
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3600 usd
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.10 pure
CY2021Q2 us-gaap Conversion Of Stock Shares Converted1
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CY2022 us-gaap Dividends Share Based Compensation Cash
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0 usd
CY2023 dtst Deferred Tax Asset Operating Loss Carryforwards
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163000 usd
CY2023 dtst Total Deferred Tax Assets
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2639000 usd
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CY2022 us-gaap Property Plant And Equipment Additions
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CY2023 us-gaap Goodwill And Intangible Asset Impairment
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CY2023 dtst Other
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CY2022 dtst Other
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CY2023 dtst Total Deferred Tax Liabilities
TotalDeferredTaxLiabilities
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.073 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.071 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.091 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
32283 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
39172 usd
CY2023 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
11931 usd
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001731122-24-000526.txt Edgar Link pending
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dtst-20231231.xsd Edgar Link pending
e5506_10k.htm Edgar Link pending
e5506_ex10-20.htm Edgar Link pending
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