Wed, Apr 30, 10:11 AM (13 days ago)
**Data Storage Corporation (DTST) - 10-K/A Summary** **Company Overview:** Data Storage Corporation (DTST) is a Nevada-based company listed on the Nasdaq Capital Market. The amendment (10-K/A) focuses on updating Part III of the annual report, including information on directors, executive officers, corporate governance, executive compensation, and security ownership. **Financial Performance:** The amendment does not include updated financial statements or changes to previously reported financial data. Therefore, revenue, net income, operating expenses, and earnings per share are not provided in this amendment. **Executive Compensation:** - **Charles M. Piluso** (CEO, Chairman): Received a total compensation of $552,205 in 2024, including a base salary of $250,000, a bonus of $200,000, and other compensation. - **Harold J. Schwartz** (President): Received a total compensation of $532,275 in 2024, including a base salary of $245,000 and a bonus of $175,000. - **Chris H. Panagiotakos** (CFO): Received a total compensation of $511,761 in 2024, including a base salary of $235,000 and a bonus of $158,750. **Board of Directors:** The board consists of ten members, with a majority being independent directors. Key committees include the Audit Committee, Compensation Committee, and Nominating & Corporate Governance Committee. **Security Ownership:** As of April 28, 2025, Charles M. Piluso and affiliated entities hold 13.4% of the outstanding common stock, followed by Harold J. Schwartz (12.2%) and Thomas C. Kempster (11.9%). **Risk Factors and Future Outlook:** The amendment does not provide new risk factors or updates on the future outlook. For detailed risk factors and strategic overview, refer to the original 10-K filing. **Market Position Changes:** No significant changes in market position are reported in this amendment. For the latest market position, refer to the original 10-K filing and subsequent filings. **Financial Condition:** The amendment does not include updated financial condition information. For the latest financial condition, refer to the original 10-K filing and subsequent filings. **Conclusion:** This 10-K/A amendment primarily updates Part III of the annual report, providing detailed information on corporate governance, executive compensation, and security ownership. For comprehensive financial performance and strategic overview, refer to the original 10-K filing.