Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 110,448us-gaap_CashAndCashEquivalentsAtCarryingValue $ 87,675us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable (less allowance for doubtful accounts of $15,000 in 2014 and $15,000 in 2013) 114,556us-gaap_ReceivablesNetCurrent 258,567us-gaap_ReceivablesNetCurrent
Prepaid compensation 0us-gaap_PrepaidExpenseCurrent 9,052us-gaap_PrepaidExpenseCurrent
Prepaid expenses and other current assets 118,768us-gaap_PrepaidExpenseAndOtherAssetsCurrent 171,584us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total Current Assets 343,772us-gaap_AssetsCurrent 526,878us-gaap_AssetsCurrent
Property and Equipment:    
Property and equipment 3,889,799us-gaap_PropertyPlantAndEquipmentGross 3,859,528us-gaap_PropertyPlantAndEquipmentGross
Less-Accumulated depreciation (3,188,418)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (2,728,547)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net Property and Equipment 701,381us-gaap_PropertyPlantAndEquipmentNet 1,130,981us-gaap_PropertyPlantAndEquipmentNet
Other Assets:    
Goodwill 2,201,828us-gaap_Goodwill 2,201,828us-gaap_Goodwill
Employee loans 76,100dtst_EmployeeLoan 45,730dtst_EmployeeLoan
Other assets 5,610us-gaap_OtherAssetsNoncurrent 3,608us-gaap_OtherAssetsNoncurrent
Intangible Assets, net 449,276us-gaap_IntangibleAssetsNetExcludingGoodwill 658,769us-gaap_IntangibleAssetsNetExcludingGoodwill
Investment in joint venture - at equity 15,699us-gaap_EquityMethodInvestments 0us-gaap_EquityMethodInvestments
Total Other Assets 2,748,513us-gaap_AssetsNoncurrent 2,909,935us-gaap_AssetsNoncurrent
Total Assets 3,793,666us-gaap_Assets 4,567,794us-gaap_Assets
Current Liabilities:    
Accounts payable and accrued expenses 741,397us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 984,866us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Revolving credit facility 100,292us-gaap_LinesOfCreditCurrent 100,292us-gaap_LinesOfCreditCurrent
Due to related party 245,601us-gaap_DueToRelatedPartiesCurrent 207,848us-gaap_DueToRelatedPartiesCurrent
Dividend payable 417,060us-gaap_InterestAndDividendsPayableCurrent 330,811us-gaap_InterestAndDividendsPayableCurrent
Deferred revenue 470,267us-gaap_DeferredRevenueCurrent 703,941us-gaap_DeferredRevenueCurrent
Leases payable 220,544dtst_LeasePayableCurrent 736,636dtst_LeasePayableCurrent
Loans payable 0us-gaap_LoansPayableToBankCurrent 47,312us-gaap_LoansPayableToBankCurrent
Convertible debt - related parties, net of discount 700,000us-gaap_ConvertibleDebtCurrent 186,215us-gaap_ConvertibleDebtCurrent
Contingent collateral obligation 0us-gaap_ObligationToReturnSecuritiesReceivedAsCollateral 356,204us-gaap_ObligationToReturnSecuritiesReceivedAsCollateral
Total Current Liabilities 2,895,161us-gaap_LiabilitiesCurrent 3,654,125us-gaap_LiabilitiesCurrent
Deferred rental obligation 598us-gaap_DeferredRentCreditNoncurrent 5,187us-gaap_DeferredRentCreditNoncurrent
Due to officer 1,065,762us-gaap_DueToRelatedPartiesNoncurrent 801,875us-gaap_DueToRelatedPartiesNoncurrent
Leases payable long-term 568,959dtst_LeasePayableNoncurrent 86,180dtst_LeasePayableNoncurrent
Note payable - Enterprise Bank 350,000us-gaap_LongTermNotesPayable 0us-gaap_LongTermNotesPayable
Convertible debt - related parties 0us-gaap_ConvertibleDebtNoncurrent 500,000us-gaap_ConvertibleDebtNoncurrent
Total Long-Term Liabilities 1,985,319us-gaap_LiabilitiesNoncurrent 1,393,242us-gaap_LiabilitiesNoncurrent
Total Liabilities 4,880,480us-gaap_Liabilities 5,047,367us-gaap_Liabilities
Commitments and contingencies      
Stockholders' (Deficit):    
Preferred stock, Series A par value $.001; 10,000,000 shares authorized; 1,401,786 shares issued and outstanding in each period 1,402us-gaap_PreferredStockValue 1,402us-gaap_PreferredStockValue
Common stock, par value $0.001; 250,000,000 shares authorized; 36,588,240 and 36,125,845 shares issued and outstanding, respectively 36,588us-gaap_CommonStockValue 36,126us-gaap_CommonStockValue
Additional paid in capital 12,678,811us-gaap_AdditionalPaidInCapital 12,540,018us-gaap_AdditionalPaidInCapital
Accumulated deficit (13,803,615)us-gaap_RetainedEarningsAccumulatedDeficit (13,057,119)us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders' (Deficit) Equity (1,086,814)us-gaap_StockholdersEquity (479,573)us-gaap_StockholdersEquity
Total Liabilities and Stockholders' (Deficit) $ 3,793,666us-gaap_LiabilitiesAndStockholdersEquity $ 4,567,794us-gaap_LiabilitiesAndStockholdersEquity