Data Storage Corporation Delays Annual SEC Filing

Data Storage ( (DTST) ) has released a notification of late filing.

Data Storage Corporation has filed a Form 12b-25 notifying investors of a delayed Form 10-K (Yearly Report) for the financial year ended December 31, 2025. The company’s Annual Report on Form 10-K (Yearly Report) was due March 31, 2026, but it will not be filed on time due to delays in obtaining and compiling the information needed to finalize its annual financial statements.

Management states that completing the Form 10-K (Yearly Report) on schedule would have required unreasonable effort or expense, largely because the company is still finalizing its year-end financials. The delay is tied to the additional work needed around the company’s recent strategic shift, including accounting for discontinued operations and the impact of a major asset sale.

Under the relief provided by Form 12b-25, Data Storage Corporation expects to submit its Form 10-K (Yearly Report) within 15 calendar days after the original due date. The company also confirms that all other required periodic filings over the past 12 months have been made, suggesting this timing issue is isolated rather than part of a broader compliance pattern.

The company is signaling a significant change in its 2025 results compared with 2024, driven mainly by the sale of substantially all assets of its cloud solutions business on September 11, 2025. After this sale, the company’s ongoing results of operations will reflect only Nexxis, Inc., its voice and data solutions subsidiary, while the former cloud operations will be presented as discontinued operations.

Because the financial statements are not yet finalized, management cannot provide precise figures, but it does expect higher sales, cost of sales, and selling, general and administrative expenses in continuing operations for 2025. These increases are attributed to continued growth at Nexxis, fueled by new customer additions and higher spending from existing clients, and the company also anticipates an increase in net income primarily from the gain on the cloud business sale.

Investors should treat these expectations as forward-looking statements that could differ from actual reported results once the Form 10-K (Yearly Report) is filed. Data Storage Corporation indicates it is working to complete the remaining accounting and disclosure work as quickly as possible, and the notification is signed on behalf of the company by Chief Executive Officer Charles M. Piluso on April 1, 2026, underscoring executive-level oversight of the filing process.

The most recent analyst rating on (DTST) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Data Storage stock, see the DTST Stock Forecast page.

Spark’s Take on DTST Stock

According to Spark, TipRanks’ AI Analyst, DTST is a Neutral.

DTST scores highest on balance-sheet strength and recent strategic actions (asset sale, cash build, and major share count reduction), but the overall score is held back by weak TTM operating performance and cash-flow quality, plus bearish technicals and limited valuation support due to a negative P/E.

To see Spark’s full report on DTST stock, click here.

More about Data Storage

Data Storage Corporation is a New York-based technology company that has historically operated a cloud solutions business and, through its subsidiary Nexxis, Inc., provides voice and data solutions. Following the sale of substantially all assets of its cloud solutions business in September 2025, the company’s continuing operations are now centered on Nexxis’ communications services and related growth from new and existing customers.

Average Trading Volume: 20,332

Technical Sentiment Signal: Sell

Current Market Cap: $28.23M

Learn more about DTST stock on TipRanks’ Stock Analysis page.