Data Storage Corp — fact timeline

Data Storage Corp reported the fiscal year ended December 31, 2025 results: net income $19.2 million.

“Reports Fiscal Year 2025 Results; Completes $40 Million CloudFirst Divestiture, Returns $29.3 Million to Shareholders Via Tender Offer, and Reports Record Net Income of $19.2 Million Company enters 2026 debt-free with over $10 million in capital, Nexxis operations growing 13.4% with 44.4% gross margins, and a goal of pursuing opportunities in high-growth”

Data Storage Corp completed a disposition involving Total Server Solutions Holdings, LLC for $40 million (closed 2025-09-11).

“”), the Divestiture was consummated. At the closing of the Divestiture, Purchaser: (i) purchased all of the outstanding units of NewCo in exchange for the purchase price of $40 million, as adjusted in accordance with the Purchase Agreement, and (ii) assumed the Assumed Liabilities, as such term is defined in the Contribution Agreement. Following the”

Data Storage Corp reported the fiscal quarter ended March 31, 2024 results: revenue $8.2 million.

“new contracts with high profile clients, as well as streamlined operations for improved operations. As a result of our efforts, we witnessed a 20% increase in revenue to $8.2 million for the first quarter of 2024. Notably, our gross profit grew 42% with gross profit margin increasing to 36% for the first quarter of 2024 from 30% for the same period in”

Data Storage Corp: Reduced stockholder meeting quorum requirement to 33 1/3% of outstanding voting shares (effective 2024-05-03).

“On May 3, 2024, the Board of Directors (the “Board”) of Data Storage Corporation (the “Company”) adopted resolutions to amend the Company’s Bylaws to provide that at each meeting of stockholders, except where otherwise provided by law, the presence in person or by proxy of the holders of thirty-three and one-third percent of the outstanding shares of the Company’s voting stock shall constitute a quorum.”

Data Storage Corp received a nasdaq compliance regained notice regarding audit committee (rules 5605(c)(2)).

“April 2, 2024, Data Storage Corporation (the “Company”) received a letter (the “Notification Letter”) from The Nasdaq Stock Market (“Nasdaq”) stating that based on the information regarding the appointment of Nancy M. Stallone, CPA to the Company’s Board of Directors and Audit Committee, as detailed in the Company’s Current Report on Form 8-K, as filed on March 11, 2024 with the Securities and Exchange Commission, Nasdaq has determined that the Company complies with the Audit Committee requirement for continued listing on The Nasdaq Capital Market set forth in Listing Rules 5605(c)(2), which r”

Data Storage Corp reported year ended December 31, 2023 results: revenue $25.0 million.

“Data Storage Corporation Reports Record Revenue of $25 Million and Achieves Profitability for the 2023 Fiscal Year”

Data Storage Corp entered into Sublease Agreement with Sentinel Benefits Group, LLC and Sentinel Benefits Group, Inc. valued at $143,173.00 (effective 2024-01-17).

“Data Storage Corporation (the “Company”) entered into Sublease Agreement, dated as of January 17, 2024, with Sentinel Benefits Group, LLC, a Delaware limited liability company, and Sentinel Benefits Group, Inc., a Massachusetts corporation (the “Sublease Agreement”), to sublease certain office space in Melville, NY, which Sublease Agreement became effective March 25, 2024 upon receipt of the consent to the Sublease Agreement from the landlord of the subject property.”