Here are the 10-K annual reports from Data Storage Corporation (DTST) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow DTST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DTST filings page.
Data Storage Corporation filed its annual report detailing a major business transformation, a financial restatement, and control issues. The company sold its CloudFirst business for $38.1 million in cash, generating about $31.6 million in net proceeds, and then used most of those funds to repurchase 5.6 million shares at $5.20 per share via a tender offer, leaving 2,167,138 shares outstanding and over $10 million in cash.
After the sale, operations center on its Nexxis telecom and data subsidiary while the board evaluates acquisitions in high‑growth areas such as AI and cybersecurity or a possible sale or merger. The report includes a restatement tied to misclassifying a $2.46 million warrant liability and discloses a material weakness in internal control over financial reporting, which management is working to remediate. Net income attributable to common shareholders was $19.2 million in 2025, largely driven by the divestiture.