General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED BALANCE SHEETS

v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Current Assets:      
Cash and cash equivalents $ 604,763 $ 326,561 $ 228,790
Accounts receivable (less allowance for doubtful accounts of $30,000 in 2020 and 2019) 933,111 691,436 531,245
Prepaid expenses and other current assets 206,214 80,728 167,891
Total Current Assets 1,744,088 1,098,725 927,926
Property and Equipment:      
Property and equipment 7,829,148 6,894,087 5,293,711
Less-Accumulated depreciation (5,313,999) (4,705,256) (4,005,338)
Net Property and Equipment 2,515,149 2,188,831 1,288,373
Other Assets:      
Goodwill 3,015,700 3,015,700 3,015,700
Operating lease right-of-use assets 263,034 324,267
Other assets 49,308 65,433 65,433
Intangible assets, net 504,435 649,934 846,713
Total Other Assets 3,832,477 4,055,334 3,927,846
Total Assets 8,091,714 7,342,890 6,144,145
Current Liabilities:      
Accounts payable and accrued expenses 1,187,649 906,716 988,579
Dividend payable 1,076,874 970,997 846,685
Deferred revenue 494,629 432,942 435,406
Line of Credit 24 75,000
Finance leases payable 161,144  
Finance leases payable related party 978,683 833,148 509,487
Operating lease liabilities short term 103,780 101,505
Note payable 294,541 350,000 350,000
Total Current Liabilities 4,297,324 3,670,308 3,130,157
Note payable long term 187,436  
Deferred Rental obligation   18,890
Operating lease liabilities long term 168,390 231,312
Finance leases payable, long term 286,633  
Finance leases payable related party, long term 1,222,982 1,713,122 1,218,703
Total Long-Term Liabilities 1,865,441 1,944,434 1,237,593
Total Liabilities 6,162,765 5,614,742 4,367,750
Stockholders' Equity      
Preferred stock, Series A par value $.001; 10,000,000 shares authorized; 1,401,786 shares issued and outstanding in each year 1,402 1,402 1,402
Common stock, par value $.001; 250,000,000 shares authorized; 128,539,418 and 128,539,418 shares issued and outstanding in 2020 and 2019, respectively 128,539 128,439 128,139
Additional paid in capital 17,578,288 17,456,431 17,409,989
Accumulated deficit (15,693,399) (15,790,076) (15,735,624)
Total Data Storage Corp Stockholders' Equity 2,014,830 1,796,196 1,803,906
Non-controlling interest in consolidated subsidiary (85,881) (68,048) (27,511)
Total Stockholder's Equity 1,928,949 1,728,148 1,776,395
Total Liabilities and Stockholders' Equity $ 8,091,714 $ 7,342,890 $ 6,144,145