Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 230

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 230
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 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-48 |

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 years ended December 31, 2023, and 2022:

SCHEDULE OF SEGMENT REPORTING

| Net Revenues:                       |     | 2023                     
 Years Ended December 31, 
 2023                     |             |   |     | 2022 
 2022 |             |   |
|:------------------------------------|:----|:-------------------------|------------:|:--|:----|:-----|------------:|:--|
| Video Solutions                     |     | $                        |   7,471,285 |   |     | $    |   8,252,288 |   |
| Revenue Cycle Management            |     |                          |   6,713,678 |   |     |      |   7,886,107 |   |
| Entertainment                       |     |                          |  14,063,381 |   |     |      |  20,871,500 |   |
| Total Net Revenues                  |     | $                        |  28,248,344 |   |     | $    |  37,009,895 |   |
| Gross Profit (loss):                |     |                          |             |   |     |      |             |   |
| Video Solutions                     |     | $                        |   1