2024 Q2 Form 10-Q Financial Statement

#000173112224000815 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $4.910M $8.236M
YoY Change -16.83% 19.71%
Cost Of Revenue $2.503M $5.269M
YoY Change -24.75% 10.01%
Gross Profit $2.408M $2.966M
YoY Change -6.63% 41.95%
Gross Profit Margin 49.04% 36.02%
Selling, General & Admin $2.797M $2.753M
YoY Change 13.13% 29.19%
% of Gross Profit 116.15% 92.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $271.0K $295.2K
YoY Change -9.97% 2.25%
% of Gross Profit 11.25% 9.95%
Operating Expenses $2.797M $2.753M
YoY Change 13.13% 29.19%
Operating Profit -$388.8K $213.8K
YoY Change -464.22% -621.27%
Interest Expense $142.2K $11.26K
YoY Change 43.2% -85.2%
% of Operating Profit 5.27%
Other Income/Expense, Net $142.2K $132.1K
YoY Change 43.19% 73.65%
Pretax Income -$246.6K $345.9K
YoY Change -219.69% 886.52%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$244.2K $357.1K
YoY Change -207.68% 918.46%
Net Earnings / Revenue -4.97% 4.34%
Basic Earnings Per Share -$0.04 $0.05
Diluted Earnings Per Share -$0.04 $0.05
COMMON SHARES
Basic Shares Outstanding 6.971M shares 6.920M shares
Diluted Shares Outstanding 6.973M shares 7.259M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $780.0K $640.7K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.905M $4.438M
Other Receivables
Total Short-Term Assets $14.66M $17.01M
YoY Change 7.58% 9.4%
LONG-TERM ASSETS
Property, Plant & Equipment $3.138M $2.865M
YoY Change 7.22% 18.43%
Goodwill $4.239M $4.239M
YoY Change 0.0% 0.0%
Intangibles $1.561M $1.629M
YoY Change -15.02% -14.53%
Long-Term Investments
YoY Change
Other Assets $109.8K $48.44K
YoY Change 126.76% -26.32%
Total Long-Term Assets $9.680M $8.818M
YoY Change 5.5% 0.14%
TOTAL ASSETS
Total Short-Term Assets $14.66M $17.01M
Total Long-Term Assets $9.680M $8.818M
Total Assets $24.34M $25.82M
YoY Change 6.75% 6.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $89.00K $89.00K
YoY Change -24.34% -37.97%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.461M $5.553M
YoY Change 9.24% 12.99%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $574.2K $0.00
YoY Change 144.52% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.461M $5.553M
Total Long-Term Liabilities $574.2K $0.00
Total Liabilities $4.035M $5.553M
YoY Change 18.57% 5.11%
SHAREHOLDERS EQUITY
Retained Earnings -$19.39M -$19.15M
YoY Change -1.11% -3.47%
Common Stock $6.995K $6.930K
YoY Change 2.16% 1.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.55M $20.52M
YoY Change
Total Liabilities & Shareholders Equity $24.34M $25.82M
YoY Change 6.75% 6.05%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$244.2K $357.1K
YoY Change -207.68% 918.46%
Depreciation, Depletion And Amortization $271.0K $295.2K
YoY Change -9.97% 2.25%
Cash From Operating Activities $673.4K -$318.6K
YoY Change 6.78% -170.94%
INVESTING ACTIVITIES
Capital Expenditures $543.9K $358.6K
YoY Change -26.4% -15.95%
Acquisitions
YoY Change
Other Investing Activities $47.56K $56.63K
YoY Change -141.05% -154.76%
Cash From Investing Activities -$496.4K -$302.0K
YoY Change -41.94% -43.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.79K -$167.4K
YoY Change -82.88% -48.3%
NET CHANGE
Cash From Operating Activities 673.4K -$318.6K
Cash From Investing Activities -496.4K -$302.0K
Cash From Financing Activities -37.79K -$167.4K
Net Change In Cash 139.3K -$788.0K
YoY Change -131.29% 94.72%
FREE CASH FLOW
Cash From Operating Activities $673.4K -$318.6K
Capital Expenditures $543.9K $358.6K
Free Cash Flow $129.5K -$677.3K
YoY Change -219.47% -3114.34%

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<p id="xdx_840_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zyl1Hem839ug" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span><i><span id="xdx_867_zvTtoaDDegI2">Reclassifications</span></i></span></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"><span>Certain prior year amounts in the Condensed 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 income, or net cash provided by operating activities. During the three months ended March 31, 2024, the Company adopted a change in presentation on its Condensed Consolidated Financial Statements in order to present segments in line with how its Chief Operating Decision Maker (“CODM”) evaluates performance of each segment. Prior periods have been revised to reflect this change in the presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
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CY2023Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
11318196 usd
CY2023Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
11318196 usd
CY2024Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
143369 usd
CY2024Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2024Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
200000 usd
CY2024Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
11261565 usd
CY2024Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_843_eus-gaap--ConcentrationRiskCreditRisk_zd8GjbDbTt46" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_86A_zW2AqLvrLtj8">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 March 31, 2024, DSC had one customer with an accounts receivable balance representing <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20240101__20240331__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zBHLstPkUJeb" title="Concentration Risk, Percentage">59</span>% of total accounts receivable. As of December 31, 2023, the Company had one customer with an accounts receivable balance representing <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20231231__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zOp54yFKqCOa" title="Concentration Risk, Percentage">20</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 three months ended March 31, 2024, the Company had one customer that accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20240101__20240331__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zatg8hZknj6i" title="Concentration Risk, Percentage">32</span>% of revenue. <span style="background-color: white">For the three months ended March 31, 2023, the Company had one customer that accounted for <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20230101__20230331__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zkMVJGBikJ17" title="Concentration Risk, Percentage">33</span>% of revenue.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3886 usd
CY2024Q1 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
8235747 usd
CY2023Q1 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
6879723 usd
CY2024Q1 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
8235747 usd
CY2023Q1 dtst Disaggregation Of Revenue
DisaggregationOfRevenue
6879723 usd
CY2024Q1 us-gaap Advertising Expense
AdvertisingExpense
232240 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
189878 usd
CY2024Q1 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
357102 usd
CY2023Q1 dtst Net Income Loss Available To Common Stockholder Basic
NetIncomeLossAvailableToCommonStockholderBasic
50666 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7090389 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6822127 shares
CY2024Q1 dtst Options
Options
169083 shares
CY2023Q1 dtst Options
Options
130526 shares
CY2024Q1 dtst Warrants
Warrants
0 shares
CY2023Q1 dtst Warrants
Warrants
1667 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7259472 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6954320 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2975931 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2801117 shares
CY2024Q1 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
53350 usd
CY2023Q4 dtst Prepaid Marketing Promotion
PrepaidMarketingPromotion
13525 usd
CY2024Q1 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
452610 usd
CY2023Q4 dtst Prepaid Subscriptions And License
PrepaidSubscriptionsAndLicense
362760 usd
CY2024Q1 dtst Prepaid Maintenance
PrepaidMaintenance
31532 usd
CY2023Q4 dtst Prepaid Maintenance
PrepaidMaintenance
31311 usd
CY2024Q1 us-gaap Prepaid Insurance
PrepaidInsurance
93589 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
63247 usd
CY2024Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
35876 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
42332 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
666957 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
513175 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8196862 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7838225 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5331503 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5105451 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2865359 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2732774 usd
CY2024Q1 us-gaap Depreciation
Depreciation
226051 usd
CY2023Q1 us-gaap Depreciation
Depreciation
218979 usd
CY2023Q4 dtst Total Intangible Assets Not Subject To Amortization Gross Amount
TotalIntangibleAssetsNotSubjectToAmortizationGrossAmount
4752939 usd
CY2023Q4 dtst Total Intangible Assets Not Subject To Amortization Accumulated Amortization
TotalIntangibleAssetsNotSubjectToAmortizationAccumulatedAmortization
0 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
CY2024Q1 dtst Total Intangible Assets Not Subject To Amortization Gross Amount
TotalIntangibleAssetsNotSubjectToAmortizationGrossAmount
4752939 usd
CY2024Q1 dtst Total Intangible Assets Not Subject To Amortization Accumulated Amortization
TotalIntangibleAssetsNotSubjectToAmortizationAccumulatedAmortization
0 usd
CY2024Q1 dtst Total Intangible Assets Not Subject To Amortization Net Amount
TotalIntangibleAssetsNotSubjectToAmortizationNetAmount
4752939 usd
CY2024Q1 dtst Finite Lived And Indefinite Lived Intangible Assets Gross
FiniteLivedAndIndefiniteLivedIntangibleAssetsGross
3889248 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2774579 usd
CY2024Q1 dtst Intangible Assets Net Amount
IntangibleAssetsNetAmount
1114669 usd
CY2024Q1 dtst Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
8642187 usd
CY2024Q1 dtst Goodwill And Intangible Assets Accumulated Amortization
GoodwillAndIntangibleAssetsAccumulatedAmortization
2774579 usd
CY2024Q1 dtst Total Goodwill And Intangible Assets Net
TotalGoodwillAndIntangibleAssetsNet
5867608 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
201931 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
267143 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
267143 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
267143 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
111309 usd
CY2024Q1 dtst Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
0 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1114669 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
69147 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
69731 usd
CY2024Q1 dtst Annual Rent
AnnualRent
11856 usd
CY2024Q1 dtst Operating Leases Contingent Monthly Rental Payments
OperatingLeasesContingentMonthlyRentalPayments
988 usd
CY2021Q3 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
4965 usd
CY2022Q1 dtst Annual Base Rent
AnnualBaseRent
1470 usd
CY2022Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2022-06-30
CY2022Q3 dtst Finace Lease Contingent Monthly Rental Payments
FinaceLeaseContingentMonthlyRentalPayments
3073 usd
CY2024Q1 dtst Annual Base Rent
AnnualBaseRent
11931 usd
CY2024Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2029-10-30
CY2024Q2 dtst Annual Base Rent
AnnualBaseRent
355 usd
CY2024Q2 us-gaap Sale Leaseback Transaction Imputed Interest Rate
SaleLeasebackTransactionImputedInterestRate
0.03 pure
CY2024Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2029-10-30
CY2024Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.05 pure
CY2024Q1 dtst Amortization Of Assets Included In Depreciation And Amortization Expense
AmortizationOfAssetsIncludedInDepreciationAndAmortizationExpense
196069 usd
CY2024Q1 dtst Interest On Lease Liabilities Included In Interest Expense
InterestOnLeaseLiabilitiesIncludedInInterestExpense
8855 usd
CY2024Q1 dtst Amortization Of Assets Included In Total Operating Expense
AmortizationOfAssetsIncludedInTotalOperatingExpense
27250 usd
CY2024Q1 dtst Interest On Lease Liabilities Included In Total Operating Expense
InterestOnLeaseLiabilitiesIncludedInTotalOperatingExpense
515 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
232689 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
36160 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
36733 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36733 usd
CY2024Q1 dtst Property And Equipment At Cost
PropertyAndEquipmentAtCost
5521716 usd
CY2024Q1 dtst Accumulated Amortization
AccumulatedAmortization
4689273 usd
CY2024Q1 dtst Property And Equipment Net
PropertyAndEquipmentNet
832443 usd
CY2024Q1 dtst Current Obligations Of Finance Leases
CurrentObligationsOfFinanceLeases
370125 usd
CY2024Q1 dtst Finance Leases Net Of Current Obligations
FinanceLeasesNetOfCurrentObligations
0 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
370125 usd
CY2024Q1 dtst Operating Cash Flows Related To Operating Leases
OperatingCashFlowsRelatedToOperatingLeases
27250 usd
CY2024Q1 dtst Financing Cash Flows Related To Finance Leases
FinancingCashFlowsRelatedToFinanceLeases
167358 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M2D
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.07 pure
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
37020 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
381829 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
0 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
0 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
37020 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
381829 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
287 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
11704 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36733 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
370125 usd
CY2024Q1 dtst Less Longterm Obligations
LessLongtermObligations
-0 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
-0 usd
CY2024Q1 dtst Operating Leases Liability Noncurrent
OperatingLeasesLiabilityNoncurrent
36733 usd
CY2024Q1 dtst Noncurrent Finance Lease Liabilities
NoncurrentFinanceLeaseLiabilities
370125 usd
CY2024Q1 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
73303 usd
CY2023Q1 dtst Operating Leases Rent Expenses Net
OperatingLeasesRentExpensesNet
60572 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
89000 usd
CY2024Q1 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
260000000 shares
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
104163 usd
CY2023Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
54433 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
653725 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
391283 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
851984 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M6D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.32
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
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
208472 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.90
CY2024Q1 dtst Stock Issued During Period Shares Restricted Stock Award Granted
StockIssuedDuringPeriodSharesRestrictedStockAwardGranted
84559 shares
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
3.40
CY2024Q1 dtst Stock Issued During Period Shares Restricted Stock Award Vested
StockIssuedDuringPeriodSharesRestrictedStockAwardVested
49490 shares
CY2024Q1 dtst Grant Date Fair Value Vested
GrantDateFairValueVested
1.74
CY2024Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
0 shares
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
0
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
243541 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.45
CY2024Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
4437666 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
666957 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2865359 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1628937 usd
CY2024Q1 us-gaap Goodwill
Goodwill
4238671 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
36160 usd
CY2024Q1 dtst Other Asset
OtherAsset
11950743 usd
CY2024Q1 us-gaap Assets
Assets
25824493 usd
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4835868 usd
CY2024Q1 us-gaap Deferred Revenue Current
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310123 usd
CY2024Q1 dtst Finance Leases Payable
FinanceLeasesPayable
214961 usd
CY2024Q1 dtst Total Finance Leases Payable Related Party
TotalFinanceLeasesPayableRelatedParty
155164 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
36733 usd
CY2024Q1 us-gaap Liabilities
Liabilities
5552849 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1259972 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
513175 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2732774 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1698084 usd
CY2023Q4 us-gaap Goodwill
Goodwill
4238671 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
62981 usd
CY2023Q4 dtst Other Asset
OtherAsset
12795362 usd
CY2023Q4 us-gaap Assets
Assets
23301019 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2608938 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
336201 usd
CY2023Q4 dtst Finance Leases Payable
FinanceLeasesPayable
281241 usd
CY2023Q4 dtst Total Finance Leases Payable Related Party
TotalFinanceLeasesPayableRelatedParty
256241 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
63983 usd
CY2023Q4 us-gaap Liabilities
Liabilities
3546604 usd
CY2024Q1 us-gaap Revenues
Revenues
8235747 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
5269275 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
2966472 usd
CY2024Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2457479 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
295198 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
2752677 usd
CY2024Q1 dtst Loss From Operations
LossFromOperations
213795 usd
CY2024Q1 dtst Interest Income
InterestIncome
143369 usd
CY2024Q1 dtst Interest Expenses
InterestExpenses
11260 usd
CY2024Q1 dtst Other Income Expense
OtherIncomeExpense
132109 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
345904 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 dtst Interest Income
InterestIncome
103423 usd
CY2023Q1 dtst Interest Expenses
InterestExpenses
27346 usd
CY2023Q1 dtst Other Income Expense
OtherIncomeExpense
76077 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35063 usd
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001731122-24-000815-index.html Edgar Link pending
0001731122-24-000815.txt Edgar Link pending
0001731122-24-000815-xbrl.zip Edgar Link pending
dtst-20240331.xsd Edgar Link pending
e5653_10-q.htm Edgar Link pending
e5653_ex31-1.htm Edgar Link pending
e5653_ex31-2.htm Edgar Link pending
e5653_ex32-1.htm Edgar Link pending
e5653_ex32-2.htm Edgar Link pending
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dtst-20240331_cal.xml Edgar Link unprocessable
dtst-20240331_lab.xml Edgar Link unprocessable
dtst-20240331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
e5653_10-q_htm.xml Edgar Link completed
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dtst-20240331_def.xml Edgar Link unprocessable