Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Statement of Cash Flows [Abstract]    
Net loss $ (660,247)us-gaap_NetIncomeLoss $ (984,759)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 669,364us-gaap_DepreciationDepletionAndAmortization 784,514us-gaap_DepreciationDepletionAndAmortization
Amortization of debt discount 13,785us-gaap_AmortizationOfDebtDiscountPremium 21,917us-gaap_AmortizationOfDebtDiscountPremium
Non-cash interest expense 56,877us-gaap_PaidInKindInterest 62,356us-gaap_PaidInKindInterest
Net (gain) loss on equity method investment (15,699)dtst_NetIncomeLossFromJointVenture 32,450dtst_NetIncomeLossFromJointVenture
Deferred compensation 9,052us-gaap_OtherNoncashExpense 8,510us-gaap_OtherNoncashExpense
Allowance for doubtful accounts 0us-gaap_ProvisionForDoubtfulAccounts (11,801)us-gaap_ProvisionForDoubtfulAccounts
Stock-based compensation 139,255us-gaap_ShareBasedCompensation 490,386us-gaap_ShareBasedCompensation
Changes in Assets and Liabilities:    
Accounts receivable 144,011us-gaap_IncreaseDecreaseInAccountsReceivable (45,282)us-gaap_IncreaseDecreaseInAccountsReceivable
Other assets (2,002)us-gaap_IncreaseDecreaseInOtherOperatingAssets 8,040us-gaap_IncreaseDecreaseInOtherOperatingAssets
Prepaid expenses and other current assets 52,816us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 13,168us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Employee loan (30,370)us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities (35,730)us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities
Accounts payable and accrued expenses (271,378)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (292,072)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Deferred revenue (233,674)us-gaap_IncreaseDecreaseInDeferredRevenue (18,717)us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred rent (4,589)us-gaap_IncreaseDecreaseInOtherDeferredLiability (9,216)us-gaap_IncreaseDecreaseInOtherDeferredLiability
Net Cash provided by (used in) Operating Activities (132,799)us-gaap_NetCashProvidedByUsedInOperatingActivities 23,764us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows from Investing Activities:    
Capital expenditures 0us-gaap_ProceedsFromSaleOfProductiveAssets (8,425)us-gaap_ProceedsFromSaleOfProductiveAssets
Investment in joint venture 0dtst_ProceedFromInvestmentInJointVenture (32,450)dtst_ProceedFromInvestmentInJointVenture
Net Cash Used in Investing Activities 0us-gaap_NetCashProvidedByUsedInInvestingActivities (40,875)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows from Financing Activities:    
Due to related party 37,753us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent 45,044us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent
Proceeds from the issuance of common stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 27,596us-gaap_ProceedsFromIssuanceOfCommonStock
Issuance of convertible debt 0us-gaap_ProceedsFromConvertibleDebt 200,000us-gaap_ProceedsFromConvertibleDebt
Repayments of capital lease obligations (139,864)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (274,850)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Repayments of loan obligations 0us-gaap_PaymentsForProceedsFromDepositOnLoan 0us-gaap_PaymentsForProceedsFromDepositOnLoan
Repayment of contingent consideration (6,204)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (9,315)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Advances from shareholder 263,887us-gaap_ProceedsFromRelatedPartyDebt 43,555us-gaap_ProceedsFromRelatedPartyDebt
Net Cash Provided by (Used in) Financing Activities 155,572us-gaap_NetCashProvidedByUsedInFinancingActivities (32,030)us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (Decrease) in Cash and Cash Equivalents 22,773us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 14,919us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, Beginning of Year 87,675us-gaap_CashAndCashEquivalentsAtCarryingValue 72,756us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, End of Year 110,448us-gaap_CashAndCashEquivalentsAtCarryingValue 87,675us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid for interest 79,557us-gaap_InterestPaid 39,065us-gaap_InterestPaid
Cash paid for income taxes 0us-gaap_IncomeTaxesPaid 8,824us-gaap_IncomeTaxesPaid
Non cash investing and financing activities:    
Stock issued in connection with Message Logic 0dtst_BusinessAcquisitionEquityInterestsIssuedOrIssuableValueOfSharesIssued 0dtst_BusinessAcquisitionEquityInterestsIssuedOrIssuableValueOfSharesIssued
Accrual of preferred stock dividend 86,249dtst_AccrualOfPreferredStockDividend 118,311dtst_AccrualOfPreferredStockDividend
Warrants issued with convertible debt 0dtst_WarrantsIssuedWithConvertibleDebt 35,702dtst_WarrantsIssuedWithConvertibleDebt
Fixed assets acquired under capital leases 30,271us-gaap_FairValueOfAssetsAcquired 0us-gaap_FairValueOfAssetsAcquired
Stock issued for financing fees 0dtst_StockIssuedForFinancingFees 0dtst_StockIssuedForFinancingFees
Stock issued for compensation 0dtst_StockIssuedForCompensation 263,433dtst_StockIssuedForCompensation
Additional costs incurred in lease refinancing 28,968dtst_AcquisitionOfEquipmentUnderCapitalLease 0dtst_AcquisitionOfEquipmentUnderCapitalLease
Cashless exercise of stock options $ 462dtst_CashlessExerciseOfStockOptions $ 0dtst_CashlessExerciseOfStockOptions