Data Storage Corporation (DSC) provides data storage, cloud computing, and managed IT services primarily targeting enterprise clients, with a focus on data management, cybersecurity, and infrastructure solutions.

# Company Summary: Data Storage Corporation

**Business Focus:**  
Data Storage Corporation (DSC) provides data storage, cloud computing, and managed IT services. The company specializes in offering solutions related to data management, cybersecurity, disaster recovery, and infrastructure-as-a-service (IaaS) primarily targeting enterprise clients.

**Operations and Infrastructure:**  
- The company engages in leasing equipment and providing related managed services through subsidiaries such as Nexxis Inc. and CloudFirst Technologies Corporation.  
- It has joint ventures and subsidiaries involved in delivering cloud and data center solutions, as well as infrastructure management.

**Customer Base:**  
- Specific customer counts are not provided in the filing. However, references to broad industry participation suggest a significant enterprise client base, likely including government agencies, telecommunications providers, and large corporations requiring data center and cloud services.

**Employee Count:**  
- The management team and board comprise approximately 11 executive officers and directors, with a total of around 7.1 million shares of common stock outstanding as of March 27, 2025.  
- Explicit employee numbers are not detailed in this filing.

**Financials:**  
- **Market Capitalization:** Approximately $26.96 million as of June 28, 2024.  
- **Revenue and Income:** The filing does not specify current revenue or net income figures. Financial results are likely included in their annual financial statements within the original 10-K, but are not detailed in this amendment or summary.

**Additional Notes:**  
- The company is publicly traded on the Nasdaq Capital Market under the symbols **DTST** (Common Stock) and **DTSTW** (Warrants).  
- It operates under multiple committees including audit, compensation, and governance, indicating a structured corporate governance framework.  
- The company has adopted various stock incentive plans and has several outstanding stock options and RSUs for employees and directors.

**In summary,** Data Storage Corporation focuses on offering cloud, data storage, and managed IT services to enterprise clients, with a significant presence in leasing and infrastructure solutions, but specific customer and revenue figures are not disclosed in this filing.

Data Storage Corporation (DSC) is a Melville, New York-based IT service provider specializing in disaster recovery, managed cloud, cybersecurity, and unified communications solutions.

# Data Storage Corporation Overview

## Company Profile
- **Name:** Data Storage Corporation (DSC)
- **Location:** Melville, New York
- **Founded:** 2001
- **Public Listing:** Nasdaq (listed in May 2021)
- **Employees:** 51 full-time and 1 part-time employee as of March 27, 2024

## Service Offerings
Data Storage Corporation specializes in providing a comprehensive suite of IT services, primarily in the following areas:

1. **Disaster Recovery and Business Continuity Services**
   - Solutions include data protection, archiving, replication, and backup services.
  
2. **Managed Cloud Services**
   - Offers scalable resources and cloud infrastructure tailored for various workloads.
  
3. **Cybersecurity Solutions**
   - Provides solutions for endpoint security, risk assessments, and protections against threats like ransomware.
  
4. **Voice & Data Solutions**
   - Through its subsidiary Nexxis, DSC offers VoIP, Internet Access, and Data Transport solutions.

5. **UCaaS (Unified Communications as a Service)**
   - Integrates communication services for businesses, ensuring continuity and collaboration.

## Market Presence
- **Customers:** Serving a diverse client base, with approximately **22%** of revenue derived from just two customers. Clients include those in healthcare, banking, manufacturing, and government sectors.
- **Revenue:** Generated approximately **$381,575** net income attributable to common shareholders for the fiscal year ending December 31, 2023.
- **Prior Year Performance:** Reported a loss of **$4,356,802** for the fiscal year ending December 31, 2022.

## Operational Footprint
- **Geographic Locations:**
  - Key operational centers in New York, Florida, and Texas.
  - **Data Centers:** Maintains six geographically diverse data centers across the U.S. and Canada to provide resilient and scalable IT solutions.

## Growth Strategies
- **Market Expansion:** Focused on reinforcing its position in a rapidly changing IT landscape with significant expansions planned in distribution and marketing capabilities.
- **Customer Acquisition:** Actively acquiring or investing in other companies to enhance service offerings and distribution capabilities.
- **Brand Development:** Continuously investing in brand recognition to attract new customers and retain existing ones.

## Summary
Data Storage Corporation is leveraging its expertise in disaster recovery, managed cloud, and cybersecurity solutions to capture market opportunities and provide reliable IT services. Their growth strategy centers on expanding service offerings, enhancing marketing efforts, and exploring new customer segments while maintaining a steady eye on the competitive landscape. They face significant challenges such as customer retention and integration of acquired companies but remain committed to innovation and service excellence.

Data Storage Corp

10-K / April 30, 2025

10-K / March 28, 2024

10-K / April 30, 2025

Company Summary: Data Storage Corporation