DATA STORAGE CORPORATION: 10-Q filed 2017-08-15

Name: DATA STORAGE CORPORATION: 10-Q filed 2017-08-15
Creator: DATA STORAGE CORPORATION

What DATA STORAGE CORPORATION reported in its quarterly report filed 2017-08-15 (fiscal Q2 2017): 33 published measures, 84 facts as tagged in accession 0001615774-17-004448.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-08-15
Fiscal period: fiscal Q2 2017
Accession: 0001615774-17-004448 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All DATA STORAGE CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2017-06-30	7,192,807	USD
At 2016-12-31	5,842,870	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2017-06-30	5,115,040	USD
At 2016-12-31	4,112,469	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2017-06-30	2,077,767	USD
At 2016-12-31	1,730,401	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2017-06-30	183,998	USD
At 2016-12-31	255,817	USD
At 2016-06-30	76,315	USD
At 2015-12-31	67,045	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	29,365	USD	91
2017-01-01 to 2017-06-30	398,288	USD	181
2016-04-01 to 2016-06-30	-178,777	USD	91
2016-01-01 to 2016-06-30	-323,590	USD	182

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	4,351,200	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2017-06-30	-15,252,262	USD
At 2016-12-31	-15,593,423	USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2017-06-30	1,811,373	USD
At 2016-12-31	178,660	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	6,205	USD	181
2016-01-01 to 2016-06-30	24,280	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	67,188	USD	91
2017-01-01 to 2017-06-30	461,979	USD	181
2016-04-01 to 2016-06-30	-120,846	USD	91
2016-01-01 to 2016-06-30	-190,652	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2017-06-30	1,032,573	USD
At 2016-12-31	1,294,764	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	38,472	USD	91
2017-01-01 to 2017-06-30	65,902	USD	181
2016-04-01 to 2016-06-30	66,808	USD	91
2016-01-01 to 2016-06-30	134,236	USD	182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2017-06-30	3,435,169	USD
At 2016-12-31	3,786,740	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2017-06-30	3,985,700	USD
At 2016-12-31	3,985,700	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2017-06-30	17,989	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2017-06-30	665,237	USD
At 2016-12-31	807,515	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	811,324	USD	91
2017-01-01 to 2017-06-30	1,811,181	USD	181
2016-04-01 to 2016-06-30	382,617	USD	91
2016-01-01 to 2016-06-30	750,921	USD	182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,215,961	USD	91
2017-01-01 to 2017-06-30	2,540,019	USD	181
2016-04-01 to 2016-06-30	621,996	USD	91
2016-01-01 to 2016-06-30	1,238,312	USD	182

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	744,136	USD	91
2017-01-01 to 2017-06-30	1,349,202	USD	181
2016-04-01 to 2016-06-30	503,463	USD	91
2016-01-01 to 2016-06-30	941,573	USD	182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2017-06-30	128,039,418	shares
At 2016-12-31	128,039,418	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2017-06-30	17,200,588	USD
At 2016-12-31	17,194,383	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2017-06-30	5,226,246	USD
At 2016-12-31	3,401,251	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2017-06-30	3,414,873	USD
At 2016-12-31	3,222,591	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2017-06-30	312,258	USD
At 2016-12-31	329,242	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2017-06-30	50,903	USD
At 2016-12-31	54,504	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2017-06-30	183,338	USD
At 2016-12-31	231,432	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	29,365	USD	91
2017-01-01 to 2017-06-30	398,288	USD	181
2016-04-01 to 2016-06-30	-178,777	USD	91
2016-01-01 to 2016-06-30	-323,590	USD	182

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	446	USD	91
2017-01-01 to 2017-06-30	341,161	USD	181
2016-04-01 to 2016-06-30	-204,955	USD	91
2016-01-01 to 2016-06-30	-375,302	USD	182

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	192,282	USD	181
2016-01-01 to 2016-06-30	108,224	USD	182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	209,266	USD	181
2016-01-01 to 2016-06-30	123,542	USD	182

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	16,984	USD	181
2016-01-01 to 2016-06-30	15,318	USD	182

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-37,823	USD	91
2017-01-01 to 2017-06-30	-63,691	USD	181
2016-04-01 to 2016-06-30	-57,931	USD	91
2016-01-01 to 2016-06-30	-132,938	USD	182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	-142,278	USD	181
2016-01-01 to 2016-06-30	104,104	USD	182

Inspect the source

Entity: DATA STORAGE CORPORATION / CIK 0001419951
Captured: 2026-09-20T08:02:59.810Z
SEC response SHA-256: b4ca86e91af39885b856d7d30a3b7cf7dc97e10d579e033c0b729a66116b1ed8

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import json
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with urlopen("https://canlicapital.com/company-data/0001419951.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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