What changed in this filing

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Item 1. Business

2025-03-31 compared with 2024-03-28 · 242 added, 194 removed, 9 unchanged (98% of the section changed)

Company Overview

Data Storage Corporation (“DSC,”

“Data Storage” or the “Company”), based in Melville, New York, leverages its expertise through its three

subsidiaries:

CloudFirst Technologies Corporation (formerly DSC), Flagship Solutions, LLC, and Nexxis Inc.

Catering to diverse

sectors such as healthcare, banking, manufacturing, and government, DSC delivers a suite of IT services, including disaster recovery,

cloud infrastructure, cybersecurity, managed services and dedicated internet access and UCaaS / Voice over Internet Protocol (VoIP)

The Company’s approach involves long-term subscription models, robust business development, and expansive distribution

In 2023, following a capital infusion and its

Nasdaq listing in May 2021, DSC embarked on a growth trajectory, enhancing its distribution, marketing capabilities, and technological

infrastructure.

This strategic expansion is aimed at reinforcing the Company’s position in the evolving IT landscape, where

there’s a marked shift towards multi-cloud technologies and cybersecurity solutions.

Market Opportunity and Strategic Focus

Recognizing the urgent need for reliable and

efficient IT solutions, DSC is tapping into the growing demand for managed cloud and cybersecurity services.

With CloudFirst Technologies

positioned in a $36 billion annual recurring revenue market in the U.S.

and Canada, the Company is at the forefront of addressing

critical IT challenges with limited competition.

DSC’s offerings are designed to support a spectrum

of needs from cloud-based IBM Power System deployments for critical workloads to comprehensive disaster recovery and cybersecurity protections.

The focus is on hybrid cloud deployments, ensuring data and workloads remain secure against various threats.

Operational Footprint

DSC operates from key locations in New York,

Florida, and Texas, with technology centers and labs designed to meet sophisticated client requirements.

The Company boasts a network

of six geographically diverse data centers across the U.S.

and Canada, ensuring resilient and scalable IT solutions.

Corporate Overview

The Company is a leading provider of enterprise cloud

and business continuity solutions, specializing in fully managed cloud hosting, disaster recovery, cybersecurity, and IT automation services.

DSC leverages its expertise through its subsidiaries:

CloudFirst Technologies Corporation (“CloudFirst Technologies”), CloudFirst

(“CloudFirst Europe” and, together with CloudFirst Technologies, “CloudFirst”) , and Nexxis

Through its CloudFirst platform – built on IBM Power Systems infrastructure – DSC delivers high-performance

cloud solutions tailored for IBM i and AIX workloads.

This niche focus on IBM Power environments distinguishes CloudFirst in the market:

none of the major public cloud providers (AWS, Microsoft Azure, or Google Cloud) natively support IBM i/AIX workload, giving DSC a distinct

competitive edge in serving clients with these mission-critical systems.

The Company leverages long-term subscription contracts for its

cloud and disaster-recovery services, yielding a highly recurring revenue base and strong customer retention (historically over 90% annual

subscription renewal rates).

DSC’s client base exceeds 425 organizations across diverse sectors – including government, healthcare,

education, manufacturing, and Fortune 500 enterprises – reflecting broad market demand for its multi-cloud hosting and business

continuity solutions.

In recent years, DSC has undertaken strategic expansions (organically and via acquisitions) to reinforce its position

as an emerging growth leader in the multi-billion-dollar cloud hosting and business continuity market.

Notably, the integration of Flagship

Solutions, LLC (“Flagship”) (which became a subsidiary of DSC in 2021) into CloudFirst was completed in January 2024, unlocking

operational synergies and enabling cross-selling of the full CloudFirst suite to Flagship’s established customer base.

This integration,

combined with enhanced distribution and marketing capabilities post-2021 Nasdaq uplisting, has bolstered DSC’s growth trajectory

and technical expertise.

Solutions and Services

The Company’s core offerings include

disaster recovery and business continuity, managed cloud services, and a comprehensive suite of cybersecurity solutions.

cloud migration to ongoing management, DSC ensures seamless operation of client applications and workloads in a multi-cloud environment.

The Company’s success is underscored by a client subscription renewal rate.

Growth and Innovation

Driven by a commitment to innovation and client

satisfaction, DSC continues to refine its service offerings and expand its market reach.

The Company’s strategic growth is

supported by a team of solution architects and business development professionals dedicated to solving complex business challenges

and fostering long-term client relationships.

Through a blend of organic growth strategies and targeted expansion efforts, DSC

is poised to capitalize on the opportunities presented by the dynamic IT landscape.

Growth Strategies and Core Services

Growth Strategies

Data Storage Corporation aims to enhance revenue streams

and market presence by:

● Broadening distribution channels and bolstering digital and direct marketing efforts.

● Leveraging social and digital platforms for lead generation.

● Pursuing synergistic acquisitions to expand distribution, innovate technology trends, augment the technical

team, and achieve economies of scale to improve gross profit margins.

● Fostering a diverse network of distribution partners, including IBM Business Partners, Software Vendors,

IT Resellers, Managed Service Providers, and other cloud infrastructure providers, to create collaborative solutions and marketing initiatives.

● Targeting global expansion to tap into the increasing demand for multi-cloud solutions worldwide.

Core Services

Data Storage Corporation provides a comprehensive

suite of multi-cloud IT solutions, ensuring high security and enterprise-level services for clients using IBM Power Systems, Microsoft

Windows, and Linux.

Key service areas include:

● Cyber Security Solutions:

ezSecurity™, offering comprehensive security solutions for endpoint

security, system assessments, risk analysis, and IBM system protection, including Ransomware defense.

● Data Protection and Recovery Solutions:

ezVault™ for offsite data protection, ezRecovery™

for fast data recovery, ezAvailability™ for real-time data replication with minimal recovery objectives, and ezMirror™ for

data mirroring at the storage level.

● Cloud Hosted Production Systems:

ezHost™ delivers managed cloud services, providing scalable

resources for smooth operation of client workloads with predictable costs.

● Voice & Data Solutions:

Nexxis specializes in VoIP, Internet Access, and Data Transport solutions,

including dedicated internet services, SD-WAN options, and a cloud-based PBX solution integrated with Microsoft Teams for business continuity.

These strategies and services position Data Storage

Corporation for sustained growth by meeting the evolving needs of its clients and capitalizing on market opportunities.

Corporate History Summary

Data Storage Corporation, a Delaware corporation,

founded in 2001, became a subsidiary of Data Storage Corporation, a Nevada Corporation (“Data Storage Corporation Nevada”),

Data Storage Corporation Nevada, initially known as Euro Trend Inc., was founded on October 20, 2008, marking its start

with a share exchange transaction.

The Company underwent a name change to its current identity post-acquisition.

Key Milestones:

Acquired SafeData, LLC, expanding its disaster recovery and data protection services.

● October 2012:

Acquired Message Logic LLC, enhancing its data management and analytics capabilities.

● November 2012:

Partnered with ABC Services, Inc.

to launch Secure Infrastructure & Services

LLC (SIAS), offering for the first time IBM Power multi-tenant cloud infrastructure services.

● October 2016:

Completed the acquisition of the remaining shares of ABC Services, Inc., fully integrating

the SIAS offerings.

● June 1, 2021:

Merged with Flagship Solutions, LLC, an IBM Gold Business Partner, further expanding

its service offerings and solidifying its market leadership in business continuity, disaster recovery, and IBM Power cloud infrastructure

These strategic acquisitions and partnerships have

established Data Storage Corporation as a key player in cloud infrastructure and disaster recovery sectors, offering a comprehensive suite

of solutions to meet the evolving needs of its clients.

Competitive Landscape and Corporate Developments

Competitive Landscape

Data Storage Corporation operates in a competitive

market dominated by giants like Amazon Web Services (AWS), Google, and Microsoft, which control approximately 51% of the X86 cloud

infrastructure and disaster recovery platforms.

Despite the fierce competition, the Company finds a niche market within the IBM

Power community, where an estimated 15% have transitioned to cloud solutions, offering significant growth opportunities.

The Company’s

cybersecurity solutions, while facing numerous competitors, are distinctively tailored for existing clients and distribution networks.

Key competitive factors include pricing, product

features, performance, quality, reliability, software partnerships, marketing and distribution capabilities, and the Company’s

Data Storage Corporation focuses on expanding its market reach globally, especially within the disaster recovery and

cloud infrastructure sectors, primarily catering to the IBM end user community.

For the fiscal year ended December 31, 2023, approximately

22% of our revenue was derived from two customers.

Corporate Developments

Solutions, LLC Merger:

On June 1, 2021, the Company

finalized the merger with

Flagship Solutions, LLC,

enhancing its offerings in

IBM equipment, managed services,

and cloud solutions.

strategic move bolsters the

Company’s position

in server monitoring, management,

and data center infrastructure

Post-merger, Mark Wyllie

was appointed as CEO of Flagship

Solutions, LLC, with an agreement

guaranteeing his obligations

by Data Storage Corporation.

Thomas Kempster succeeded

Mark Wyllie as President

of Flagship Solutions Group

following Mark Wyllie’s

resignation on October 28,

These developments highlight Data Storage Corporation’s

strategic efforts to strengthen its market position, expand its service offerings, and navigate through competitive and financial challenges

successfully.

Government Regulation Summary

Data Storage Corporation operates within a

complex and evolving regulatory landscape, governed by a multitude of federal, state, local, and international privacy laws.

laws regulate the Company’s handling of personal and customer data, reflecting the growing importance of privacy in the digital

Compliance with these regulations is critical, as failure to do so could result in legal action, loss of customer trust, and

negative impacts on the Company’s reputation and operations.

DSC provides a comprehensive portfolio of solutions

to ensure clients’ critical IT systems remain operational, secure, and resilient:

• Cloud Infrastructure Services (IaaS)

– CloudFirst offers fully managed cloud hosting for IBM Power systems (IBM i and AIX) as well as x86 environments.

Clients can migrate

on-premises IBM workloads to DSC’s owned and operated cloud and run them on enterprise-grade IBM Power infrastructure, with interoperability

to public clouds like AWS, Azure, and Google for hybrid deployments.

DSC’s cloud solutions include comprehensive migration services

to ensure seamless transfer of data and applications from legacy systems to the cloud with minimal downtime.

• Disaster Recovery & Business Continuity

– DSC delivers robust disaster-recovery-as-a-service and business continuity solutions to protect organizations from downtime and

CloudFirst’s recovery services provide off-site data replication, rapid failover for IBM i/AIX and Windows/Linux systems,

and cloud-based backup to meet stringent recovery time objectives.

These services ensure that clients can quickly restore critical applications

in the event of cyberattacks, hardware failures, or natural disasters, thereby minimizing operational disruption.

• Cybersecurity Solutions – Through

its security suite, DSC offers comprehensive cybersecurity and compliance services.

This includes endpoint protection, network security,

data encryption, ransomware defense, vulnerability assessments, and IBM i security monitoring.

By integrating cybersecurity into its cloud

and DR offerings, DSC provides a layered defense to safeguard client data and systems across on-premise and cloud environments.

• Managed IT Services and Support –

DSC augments its core cloud offerings with managed services such as systems monitoring, IT automation, and voice & data communications

For example, through its Nexxis subsidiary, DSC provides Voice over Internet Protocol (“VoIP”)/Unified Communications

and dedicated internet connectivity as part of its one-stop solution set.

These ancillary services enable clients to rely on a single

provider for a broad range of IT infrastructure needs.

This integrated solutions portfolio positions DSC

as a single-source provider for cloud infrastructure, disaster recovery, cybersecurity, and connectivity.

From initial cloud migration

through ongoing management and support, the Company ensures clients’ workloads run securely and efficiently in a multi-cloud environment.

DSC’s value proposition is underscored by its high service reliability (Tier III data centers with 99.999% uptime SLAs) and a consultative

approach by in-house solution architects to meet each client’s unique requirements.

Competitive Positioning and CloudFirst Strategy

CloudFirst occupies a distinct competitive niche as

a premier cloud solution for IBM Power Systems, an area with high barriers to entry and limited competition.

Because IBM i and AIX workloads

cannot be easily re-platformed to standard x86 cloud environments, hyperscale cloud providers (Amazon, Microsoft, Google) generally do

not compete in this segment.

DSC has capitalized on this gap by building a cloud platform specialized for IBM Power – complete with

the necessary hardware, OS expertise, and tools to support mission-critical IBM environments.

This focus, combined with DSC’s deep

IBM technical know-how, allows the Company to address complex legacy modernization and disaster recovery needs that others cannot readily

At the same time, CloudFirst is designed for interoperability with mainstream clouds:

the platform integrates via high-bandwidth,

low-latency connections to AWS, Azure, Google, and IBM Cloud, enabling clients to run IBM i/AIX systems in parallel with their other cloud-native

This multi-cloud capability gives enterprises the “best of both worlds” – they can maintain essential IBM

systems, whereby protecting their applications designed for the IBM operating platform on CloudFirst, while interfacing seamlessly with

applications hosted on public clouds.

Security and compliance are core to CloudFirst’s value proposition.

data centers meet Tier III standards and SOC 2 Type II compliance, offering the highest levels of reliability and data protection.

infrastructure and processes are aligned with stringent regulatory requirements in the United States, Canada, and the United Kingdom,

which is crucial for clients in regulated industries (financial services, government, healthcare, etc.).

Additionally, DSC’s cloud

services adhere to data sovereignty laws by enabling clients to keep data within country borders (e.g., Canadian data in Canada, UK data

in UK data centers).

By prioritizing security certifications and regional compliance, CloudFirst provides enterprise customers with confidence

that their critical systems are hosted in an environment that meets national security standards and privacy laws.

This commitment to security,

combined with 24x7 managed support, has solidified DSC’s reputation as a trusted partner for business continuity.

Industry recognition

of this niche leadership is evident – DSC is viewed as an emerging growth leader in cloud infrastructure and the migration of data

to the cloud for IBM Power workloads.

Global Footprint and Infrastructure

DSC has established a global cloud infrastructure footprint to serve its clients’

multi-national needs.

The Company operates and leverages a network of Tier III data center facilities across North America and Europe,

including five in the United States, which includes one new data center facility in Chicago, two in Canada, and three in the United Kingdom

(Scotland and England).

This expansive footprint was built through strategic investments and partnerships:

historically, DSC operated

out of seven primary data centers across the U.S.

and Canada, and in 2024 it expanded into Europe by partnering with leading regional

data center providers (e.g., Brightsolid in Scotland and Pulsant in England).

By early 2025, CloudFirst’s platform spanned three

countries and served over 400 clients globally.

Having infrastructure in multiple geographies allows DSC to deliver cloud infrastructure

and recovery services from a single source across continents, a capability few competitors offer.

Clients with international operations

can rely on CloudFirst to host and protect data in-region for performance and compliance, while managing everything through one provider.

For example, a U.S.-based enterprise with subsidiaries in Canada and the UK can run IBM i production in DSC’s U.S.

cloud, have disaster

recovery in Canada, and extend certain workloads or backups to the UK – all under CloudFirst’s management.

This one-stop,

multi-country service model is highly differentiated in the mid-market enterprise segment, where companies often struggle to find integrated

solutions for IBM Power workloads across regions.

DSC’s data centers are inter-connected and built with full redundancy (power,

cooling, network) and round-the-clock operations support, ensuring consistent service levels worldwide.

The geographic diversity of these

sites also adds resiliency (e.g., data can be replicated to a different country for added protection).

Management believes this global

infrastructure approach for cross-border cloud services provides DSC with a competitive advantage in winning customers seeking a single

vendor for all their cloud hosting and business continuity needs.

Growth Strategy and Cross-Selling Opportunities

growth strategy is centered on expanding its cloud footprint and cross-selling its full suite of solutions to meet the evolving needs

of its clients.

A key pillar of this strategy is capitalizing on cross-sell opportunities that arise from the Company’s multi-country

presence and broadened solution set.

As the Company enters

new regions like Europe, DSC can target existing North American clients who have overseas operations, offering to migrate or protect

those international workloads via CloudFirst’s new UK facilities.

Similarly, partnerships with local providers (such as Pulsant

in the UK) open access to new customer bases that DSC can serve with its IBM expertise – including European organizations and U.S.

multinationals operating abroad.

Management has structured these partnerships to maximize customer engagement across different industry

verticals and regions, thereby creating access to a much broader addressable market.

Early success of this approach is evidenced by growing

demand in the UK/EU for IBM cloud services, which CloudFirst is now positioned to fulfill as one of the few specialized providers in

In North America, DSC continues to deepen penetration in high-value verticals

such as finance, healthcare, and insurance that require the reliable continuity solutions DSC provides.

The Company’s unified sales

team now markets an expanded portfolio – for instance, a disaster recovery customer can be upsold to production hosting on CloudFirst,

cybersecurity services, and even voice/data connectivity, all through one relationship.

Internally, the consolidation of Flagship into

the CloudFirst brand has enhanced this cross-selling:

Flagship’s legacy customers (who may have originally engaged for IBM hardware

or software solutions) are being introduced to DSC’s cloud and DR services, driving incremental recurring revenue.

To support these

efforts, DSC is investing in its distribution channels, including IBM Business Partners, Managed Service Provider’s (MSPs), and

resellers, to refer and resell CloudFirst services globally.

The Company is also pursuing selective acquisitions and alliances to broaden

its technical capabilities and customer reach.

In 2024, DSC reported

$25.4 million in total revenue, with greater than 80% stemming from recurring sources, including cloud-based hosting and disaster recovery

solutions, infrastructure-as-a-service hosting, managed services, cyber security and maintenance subscriptions.

This base of annual recurring

revenue reflects the effectiveness of the Company’s subscription-focused model.

The remaining contract value for cloud services

totals approximately $39.2 million, providing revenue visibility and supporting future growth expectations.

The Company ended the year

with a $21.5 million Annual Recurring Revenue (ARR) run rate.

With a contract renewal rate exceeding 90%, DSC is positioned to

maintain and expand its customer base.

DSC operates with no debt and continues to improve operating margins as it scales its cloud solutions

and service offerings.

Looking forward, the Company is advancing its strategy, expanding its company owned and managed IBM Power platform

into new markets, including a recent entry into Europe.

Management believes that there is a global migration of IBM power systems and

disaster recovery to cloud based solutions.

DSC is uniquely positioned to capitalize on these trends, driving sustained revenue growth

and long-term shareholder value.

Overall, DSC’s integrated approach – a unique IBM-focused cloud

platform, compliance-driven global data center presence, and a broad suite of continuity and security solutions – positions the

Company as a comprehensive one-stop provider for enterprises undergoing digital transformation and cloud migration.

By emphasizing its

CloudFirst differentiators and executing on cross-sell opportunities, DSC aims to strengthen its market position as a trusted partner

for cloud infrastructure and business continuity worldwide.

Government Regulation

DSC operates within a complex and evolving regulatory

landscape, governed by a multitude of federal, state, local, and international privacy laws.

These laws regulate the Company’s handling

of personal and customer data, reflecting the growing importance of privacy in the digital age.

Compliance with these regulations is critical,

as failure to do so could result in legal action, loss of customer trust, and negative impacts on the Company’s reputation and operations.

Key Regulatory Frameworks:

● General Compliance:

The Company is committed to adhering to industry standards and the various

privacy policies and obligations it holds towards third parties.

This includes compliance with laws and regulations related to the protection

and handling of personal information and customer data.

● Healthcare Sector Compliance:

Particularly significant is the Company’s compliance with health-related

privacy laws such as the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the Health Information Technology for

Economic and Clinical Health Act (HITECH).

These regulations mandate strict controls over the handling of health information to protect

patient privacy.

● Business Associate Agreements (BAAs):

For healthcare clients, the Company enters into BAAs that

outline the permissible uses of health information, ensure the protection of this data through appropriate safeguards, and require notification

of any unauthorized use or disclosure.

This includes compliance

with laws and regulations related to the protection and handling of personal information

and customer data.

Sector Compliance:

Particularly significant is the Company’s compliance with health-related privacy laws such as the

Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the Health Information Technology for Economic and Clinical

Health Act (HITECH).

These regulations mandate strict controls over the handling of health information to protect patient privacy.

Associate Agreements (BAAs):

For healthcare clients,

the Company enters into BAAs that outline the permissible uses of health information, ensure the protection of this data through

appropriate safeguards, and require notification of any unauthorized use or disclosure.

Compliance Measures Include:

● Ensuring that the use or disclosure of personal health information aligns with the restrictions and permissions

defined in BAAs.

Ensuring that the use or disclosure of personal health information aligns with the restrictions and permissions defined in BAAs.

Implementing robust administrative, physical, and technical safeguards to protect personal information.

Obligating the Company to report any unauthorized information use or disclosure to the client.

● Permitting termination of the service by clients if the Company breaches BAA terms and cannot rectify

● Mandating the return or destruction of all personal health information upon the termination of a client’s

subscription.

The regulatory environment for Data Storage

Corporation is marked by rapid changes and requires continuous vigilance to ensure compliance.

As privacy regulations evolve, the

Company may need to adjust its services and practices to remain compliant, thereby safeguarding its reputation and facilitating

the development of new and innovative services that respect customer privacy.

Human Capital Resources Summary

Data Storage Corporation attributes its success

to the skill and dedication of its workforce, consisting of 51 full-time and one part-time employees as of March 27, 2024.

team is diverse, with roles across executive management, administration, finance, sales, marketing, and a robust technical team,

complemented by independent contractors for service support and installations as needed.

The Company has no collective bargaining

agreements in place and maintains a positive relationship with its employees.

Key aspects of our human capital management include:

The workforce includes six

in executive management,

six in administration and

finance, nine in sales, four

in marketing, and twenty-seven

in technical roles.

● Compensation Strategy:

Compensation programs are performance-aligned to incentivize both short-term

and long-term achievements, aiming to attract, retain, and motivate talent.

● Health and Safety:

Employee health and safety are paramount, underscoring the Company’s commitment

to its staff and operational philosophy.

Permitting termination of the service by clients if the Company breaches BAA terms and cannot rectify the breach.

Mandating the return or destruction of all personal health information upon the termination of a client’s subscription.

The regulatory environment for DSC is marked by rapid

changes and requires continuous vigilance to ensure compliance.

As privacy regulations evolve, the Company may need to adjust its services

and practices to remain compliant, thereby safeguarding its reputation and facilitating the development of new and innovative services

that respect customer privacy.

Human Capital Resources

DSC attributes its success to the skill and dedication of its workforce, consisting

of fifty-three full-time and two part-time employees as of March 15, 2025.

The team is diverse, with roles across executive management,

administration, finance, sales, marketing, and a robust technical team, complemented by independent contractors for service support and

installations as needed.

The Company has no collective bargaining agreements in place and maintains a positive relationship with its employees.

Key aspects of the Company’s human capital management

Employee Composition:

The workforce includes eight in executive management, five in administration and finance, eleven in sales, three in marketing, and twenty-eight in technical roles .

Compensation programs are performance-aligned

to incentivize both short-term and long-term achievements, aiming to attract, retain, and motivate talent.

Employee health and safety are paramount,

underscoring the Company’s commitment to its staff and operational philosophy.

Corporate Information

Office Location:

The Company is based

at 48 South Service Road, Suite 203, Melville, NY 11747.

Data Storage Corporation, a Delaware corporation founded in 2001, became a subsidiary

of the Company, a Nevada corporation (DSC), in 2008.

DSC was initially incorporated as Euro Trend Inc.

on March 27, 2007, and consummated

a share exchange transaction in October 2008.

The Company underwent a name change to its current identity post-acquisition.

On May 31, 2021, the

Company completed a merger of Flagship, a Florida limited liability company, and the Company’s wholly-owned subsidiary, Data Storage

FL, LLC, a Florida limited liability company.

Flagship is a provider of Hybrid Cloud solutions, managed services and cloud solutions.

On January 1, 2024, Flagship Solutions, LLC was consolidated into the Company’s wholly-owned subsidiary, CloudFirst Technologies

Corporation, a Delaware corporation incorporated in 2001.

On January 27, 2022, we formed Information Technology

Acquisition Corporation a special purpose acquisition company for the purpose of entering into a merger, capital stock exchange,

asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses

On August 12, 2024, the Company

formed UK Cloud Host Technologies Ltd., a company formed

under the laws of the United Kingdom, for the purpose of establishing an executive presence in London, United Kingdom and managing the

business and affairs of the Company within Europe.

On December 27, 2024, the name of the entity was changed to CloudFirst Europe

The Company’s corporate headquarters are located

at 225 Broadhollow Road, Suite 307, Melville, New York 11747, which are leased pursuant to a lease agreement, dated January 17, 2024.

The lease commenced on April 1, 2024, and has a term of sixty-seven months.

The monthly rent is $11,931 and the lease expires on October

The Company believes that these headquarters are adequate for its current operations and needs.

Available Information

Official filings

with the SEC, including the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, proxy statements,

and any amendments, are accessible for free on the Company’s website (www.dtst.com) under the Investor Relations section

following their SEC submission.

The content on the Company’s website is not incorporated by reference into this Annual Report

or any other SEC filings.

Official filings with the SEC, including the Annual

Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, proxy statements, and any amendments, are accessible

for free on the Company’s website (www.dtst.com) under the Investor Relations section following their SEC submission.

on the Company’s website is not incorporated by reference into this Annual Report or any other SEC filings.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business