Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Data Storage Corp.DTST · business equipment
GradeElkBsecond fifth of 497 graded peers; percentile 29.8, sampling error 2.2 points; lower is stronger
Rank149 of 497
ProfitabilityEpercentile 85.6
SolvencyApercentile 4.0
Growth and financingB/Cpercentile 38.4
Reliability0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025
Peer failure rate1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$12.5M to $120M assetstotal assets $43.0M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsshort runway, late filer · fortress balance sheet
Inputs computable9 of 14
Graded fromfilings received through Apr 14, 2026178 days before the rescan; every figure keyed to the SEC receipt date
Last close$3.272026-10-08; market equity $7.7M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$3$4$5NovDecJanFebMarAprMayJunJulAugSepOctB$3.27
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Apr 21, 2012nonen/aQ1
Apr 21, 2016E95.7Q1
Apr 21, 2018B/C41.3Q1
Mar 21, 2019B37.1Q1
Apr 21, 2019C/D59.5Q1
Apr 21, 2021D67.8Q1
Apr 21, 2022B25.6Q2
Apr 21, 2024A2.0Q2
Apr 21, 2025B35.7Q2
Aug 21, 2026C47.6Q2
Sep 26, 2026B36.6Q2
Sep 30, 2026B/C39.0Q2
Oct 3, 2026B32.1Q2

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Apr 14, 2026; the document on sec.gov.

“we,” “us,” “our” and the “Company”) has been a leading provider of multi-cloud hosting, fully managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions for more than twenty years. Following the sale of our cloud solutions business on September 11, 2025, which consisted of the operations of our subsidiaries, CloudFirst Technologies Corporation and CloudFirst Europe Ltd., there has been a strategic shift in our operations. We continue to operate our subsidiary, Nexxis Inc. (“Nexxis”), a telecommunications and data solutions access company.

Warnings [top]

Short runway. cash runway is 0.6 months[3]
Late filer. found 2 NT 10-K/Q filings in the last eight quarters
Fortress balance sheet. cash minus debt is 411,621 USD; Altman Z is not used[4-5]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 85.6
Gross profitability1.4%[1,6]28.5%91.45582025-12-31
Return on invested capitalnot computable10.9%
required facts have no common fiscal period end
Accruals ratio65.5%[1,7-9](7.4%)99.26212025-12-31
Gross margin stability, five years4.0 pts[2,6,10-17]2.4 pts66.44292025-12-31
Solvency, sleeve percentile 4.0
Twelve-month failure probability0.02%0.05%9.01012026-06-30
Altman Z double-prime24.04[1,18-23]2.180.95662025-12-31
Net debt to EBITDAnot computable1.11x
latest aligned inputs end 2020-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable3.77x
latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31
Current ratio21.05x[18-19]2.02x2.36662025-12-31
Growth and financing, sleeve percentile 38.4
Revenue growth, three-year compound(61.3%)[2,11,13,15]6.4%99.35382025-12-31
Free cash flow growth, three-year compoundnot computable17.2%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable14.3%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Asset growth, three years21.3%[1,9,24-25]5.0%15.75632025-12-31
Net share issuance, one year(69.5%)[26-27]0.5%0.24072026-04-13

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.160; sampling error 2.2 percentile points on 497 peers.

Among 497 Peers [top]

ABCDENVDA, Nvidia Corp.; A, percentile 3.0; market equity $5.6T; warnings: fortress balance sheetNVDAMSFT, Microsoft Corp.; A, percentile 8.7; market equity $3.9TMSFTAMD, Advanced Micro Devices Inc.; A/B, percentile 20.2; market equity $1.0T; warnings: fortress balance sheetAMDAAPL, Apple Inc.; B, percentile 35.5; market equity $5.0TAAPLMU, Micron Technology Inc.; B/C, percentile 40.9; market equity $1.2TMUAVGO, Broadcom Inc.; C, percentile 53.2; market equity $1.7TAVGODTST 29.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
144Power Integrations Inc. (POWI)

Power Integrations Inc. (POWI)

Bsecond fifth; percentile 28.8

Nasdaq · Semiconductors & Related Devices

market equity $2.8B; last close $49.87

No active warnings; 10 of 14 inputs

28.8B
145Ultralife Corp. (ULBI)

Ultralife Corp. (ULBI)

Bsecond fifth; percentile 29.0

Nasdaq · Miscellaneous Electrical Machinery, Equipment & Supplies

market equity $103.5M; last close $6.22

Warnings: late filer; 8 of 14 inputs

29.0Blate filer
146Lightpath Technologies Inc. (LPTH)

Lightpath Technologies Inc. (LPTH)

Bsecond fifth; percentile 29.2

Nasdaq · Semiconductors & Related Devices

market equity $682.2M; last close $9.75

Warnings: dilution, late filer, fortress balance sheet; 8 of 14 inputs

29.2Bdilution, late filer, fortress balance sheet
147EnerSys (ENS)

EnerSys (ENS)

Bsecond fifth; percentile 29.4

NYSE · Miscellaneous Electrical Machinery, Equipment & Supplies

market equity $6.5B; last close $179.30

No active warnings; 12 of 14 inputs

29.4B
148First Solar, Inc. (FSLR)

First Solar, Inc. (FSLR)

Bsecond fifth; percentile 29.6

Nasdaq · Semiconductors & Related Devices

market equity $19.2B; last close $178.87

Warnings: fortress balance sheet; 8 of 14 inputs

29.6Bfortress balance sheet
149Data Storage Corp. (DTST)

Data Storage Corp. (DTST)

Bsecond fifth; percentile 29.8

Nasdaq · Services-Computer Processing & Data Preparation

market equity $7.7M; last close $3.27

Warnings: short runway, late filer, fortress balance sheet; 9 of 14 inputs

29.8Bshort runway, late filer, fortress balance sheet
150Block, Inc. (XYZ)

Block, Inc. (XYZ)

Bsecond fifth; percentile 30.0

NYSE · Services-Prepackaged Software

last close $75.21

No active warnings; 9 of 14 inputs

30.0B
151Leonardo DRS, Inc. (DRS)

Leonardo DRS, Inc. (DRS)

Bsecond fifth; percentile 30.2

Nasdaq · Search, Detection, Navigation, Guidance, Aeronautical Sys

market equity $9.6B; last close $35.85

Warnings: fortress balance sheet; 10 of 14 inputs

30.2Bfortress balance sheet
152Waters Corp. (WAT)

Waters Corp. (WAT)

Bsecond fifth; percentile 30.4

NYSE · Laboratory Analytical Instruments

market equity $42.2B; last close $429.94

Warnings: dilution; 12 of 14 inputs

30.4Bdilution
153TaskUs, Inc. (TASK)

TaskUs, Inc. (TASK)

Bsecond fifth; percentile 30.6

Nasdaq · Services-Computer Processing & Data Preparation

last close $8.00

No active warnings; 9 of 14 inputs

30.6B
154Where Food Comes From, Inc. (WFCF)

Where Food Comes From, Inc. (WFCF)

Bsecond fifth; percentile 30.8

Nasdaq · Services-Prepackaged Software

market equity $69.7M; last close $13.75

Warnings: fortress balance sheet; 10 of 14 inputs

30.8Bfortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesB35.22204
sector peers, equal sleeves (the grade)B29.8497
same exchange, equal sleevesB34.31219
sector peers, equal inputsB29.4497

Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(29.6%)2.2%24hotter than 24 of 100 peers
Distance from 52-week high(36.0%)(30.0%)40closer to its high than 40 of 100 peers
EBIT to enterprise value(45.4%)1.5%8pricier than 92 of 100 peers
Free cash flow yield(41.5%)2.7%8pricier than 92 of 100 peers
Book value to price1.350.2391pricier than 9 of 100 peers
Sales to price0.180.3035pricier than 65 of 100 peers
Composite equity issuance, five yearsnot computable3.9%five-year total-return history is required
Relative strength against the sector, log excess return(0.63)(0.26)24ahead of 24 of 100 peers

Inputs: market equity $7.7M; EBIT -$3.6M; free cash flow -$3.2M; book equity $10.3M; sales $1.4M; debt $481,977; cash $270,691[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero76.0%✓ pass[7,9]
Operating cash flow above zero-$3.2M✗ fail[8]
Return on assets improved73.8 pts✓ pass[7,9,24,29]
Operating cash flow exceeds net income-$22.4M✗ fail[7-8]
Long-term leverage felln/a[1,9,24]
Current ratio improved1,670.6 pts✓ pass[18-19,30-31]
No new shares issued(69.5%)✓ pass[26-27]
Gross margin improved1.2 pts✓ pass[2,6,10-11]
Asset turnover improved0.2 pts✓ pass[2,9,11,24]
Cash, filings, liquidity
Cash and equivalents$270,691[3]
Operating cash flow, four quarters-$5.1M[3,8,32-35]
Months of runway0.6
Late filings, two years2
NT 10-K or NT 10-Q
Days since last periodic filing56
10-Q received Aug 14, 2026
Median daily dollar volume$36,487
63 sessions
Days since newest grade input178

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$43.0M2025-12-312026-04-1410-Kfiling · viewer · series
2revenueus-gaap:Revenues$1.4M2025-12-312026-04-1410-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$270,6912026-06-302026-08-1410-Qfiling · viewer · series
4cashus-gaap:CashAndCashEquivalentsAtCarryingValue$893,5982020-12-312022-03-3110-Kfiling · viewer · series
5total debtus-gaap:LongTermDebt$481,9772020-12-312021-03-3110-Kfiling · viewer · series
6gross profitus-gaap:GrossProfit$614,3242025-12-312026-04-1410-Kfiling · viewer · series
7net incomeus-gaap:ProfitLoss$19.2M2025-12-312026-04-1410-Kfiling · viewer · series
8operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$3.2M2025-12-312026-04-1410-Kfiling · viewer · series
9assetsus-gaap:Assets$25.3M2024-12-312026-04-1410-Kfiling · viewer · series
10gross profitus-gaap:GrossProfit$527,2492024-12-312026-04-1410-Kfiling · viewer · series
11revenueus-gaap:Revenues$1.2M2024-12-312026-04-1410-Kfiling · viewer · series
12gross profitus-gaap:GrossProfit$9.6M2023-12-312025-03-3110-Kfiling · viewer · series
13revenueus-gaap:Revenues$25.0M2023-12-312025-03-3110-Kfiling · viewer · series
14gross profitus-gaap:GrossProfit$8.1M2022-12-312024-03-2810-Kfiling · viewer · series
15revenueus-gaap:Revenues$23.9M2022-12-312024-03-2810-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$6.4M2021-12-312023-03-3110-Kfiling · viewer · series
17revenueus-gaap:Revenues$14.9M2021-12-312023-03-3110-Kfiling · viewer · series
18current assetsus-gaap:AssetsCurrent$42.6M2025-12-312026-04-1410-Kfiling · viewer · series
19current liabilitiesus-gaap:LiabilitiesCurrent$2.0M2025-12-312026-04-1410-Kfiling · viewer · series
20retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$222,1112025-12-312026-04-1410-Kfiling · viewer · series
21operating incomeus-gaap:OperatingIncomeLoss-$3.6M2025-12-312026-04-1410-Kfiling · viewer · series
22book equityus-gaap:StockholdersEquity$40.9M2025-12-312026-04-1410-Kfiling · viewer · series
23liabilitiesus-gaap:Liabilities$2.3M2025-12-312026-04-1410-Kfiling · viewer · series
24assetsus-gaap:Assets$23.3M2023-12-312025-03-3110-Kfiling · viewer · series
25assetsus-gaap:Assets$24.1M2022-12-312024-03-2810-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding2,167,1382026-04-132026-04-1410-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding7,094,0812025-03-272025-04-3010-K/Afiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding2,337,7382026-08-132026-08-1410-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$523,2142024-12-312025-03-3110-Kfiling · viewer · series
30current assetsus-gaap:AssetsCurrent$15.4M2024-12-312026-04-1410-Kfiling · viewer · series
31current liabilitiesus-gaap:LiabilitiesCurrent$3.5M2024-12-312026-04-1410-Kfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$2.6M2026-06-302026-08-1410-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$1.8M2026-03-312026-05-1510-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$555,8232025-09-302025-11-1910-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$727,4872025-06-302026-08-1410-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 29.8 is 9.8 points from the nearest band edge; sampling error is 2.2 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.