Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 283

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 283
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, is also to be reported in the segment information. The Company’s captive insurance subsidiary provides services to the Company’s other business segments and not to outside customers. Therefore, its operations are eliminated in consolidation and is not considered a separate business segment for financial reporting purposes.

The Video Solutions Segment encompasses our law, commercial, and Shield™ divisions. This segment includes both service and product revenues through our subscription models offering cloud and warranty solutions, and hardware sales for video and health safety solutions. The Revenue Cycle Management Segment provides working capital and back-office services to a variety of healthcare organizations throughout the country, as a monthly service fee. The Entertainment Segment acts as an intermediary between ticket buyers and sellers within our secondary ticketing platform, ticketsmarter.com, and we also acquire tickets from primary sellers to then sell through various platforms.

| F-80 |

The Company’s corporate administration activities are reported in the corporate line item. These activities primarily include expense related to certain corporate officers and support staff, certain accounting staff, expense related to the Company’s Board of Directors, stock option expense for options granted to corporate administration employees, certain consulting expenses, investor relations activities, and a portion of the Company’s legal, auditing and professional fee expenses. Corporate identifiable assets primarily consist of cash, invested cash (if any), refundable income taxes (if any), and deferred income taxes.

Summarized financial information for the Company’s reportable business segments is provided for the indicated periods and as of September 30, 2024, and 2023:

SCHEDULE OF SEGMENT REPORTING

| Net Revenues:                       |     | 2024                                     
 For the three months ended September 30, 
 2024                                     |            |   |     | 2023 
 2023 |            |   |     | 2024                                    
 For the nine months ended September 30, 
 2024                                    |             |   |     | 2023 
 2023 |             |   |
|:------------------------------------|:----|:-----------------------------------------|-----------:|:--|:----|:-----|-----------:|:--|:----|:----------------------------------------|------------:|:--|:----|:-----|------------:|:--|
| Video Solutions                     |     | $                                        |  1,196,362 |   |     | $    |  1,797,348 |   |     | $                                       |   4,500,325 |   |     | $    |