v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 284,714 $ 1,070,097
Accounts receivable, net of allowance for expected credit losses of $648 and $767, respectively 74,035 59,018
Escrow funds receivable 1,500,000
Marketable securities 45,471,979 11,261,006
Prepaid expenses and other current assets 127,778 118,538
Current assets of discontinued operations 2,907,404
Total current assets 47,458,506 15,416,063
Property and equipment, net 4,545 6,077
Other long-term assets 214,639 137,077
Non-current assets of discontinued operations 9,720,998
Total assets 47,677,690 25,280,215
Current Liabilities:    
Accounts payable and accrued expenses 708,993 588,590
Warrant liability 1,224,838
Payable to purchaser of discontinued operations 176,687
Income taxes payable 5,976,589
Deferred tax liability - current  326,951
Current liabilities of discontinued operations 2,957,559
Total current liabilities 8,414,058 3,546,149
Deferred tax liability – long-term 39,031
Non-current liabilities of discontinued operations 523,070
Total long-term liabilities 562,101
Total liabilities 8,414,058 4,108,250
Stockholders’ equity:    
Preferred stock, Series A par value $0.001; 10,000,000 shares authorized; 0 and 0 shares issued and outstanding in 2024 and 2023, respectively
Common stock, par value $0.001; 250,000,000 shares authorized; 7,465,306 and 7,045,108 shares issued and outstanding at September 30, 2025, and December 31, 2024, respectively 7,466 7,045
Additional paid in capital 42,427,313 40,417,813
Accumulated deficit (2,912,547) (18,982,589)
Accumulated other comprehensive loss (14,235) (23,214)
Total Data Storage Corp stockholders’ equity 39,507,997 21,419,055
Non-controlling interest in consolidated subsidiary (244,365) (247,090)
Total stockholders’ equity 39,263,632 21,171,965
Total liabilities and stockholders’ equity $ 47,677,690 $ 25,280,215

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