Company: DGLY
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001641172-25-024667
Chunk: 287

Company: DIGITAL ALLY, INC.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 2
Chunk 287
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 $386,672 during the six months ended June 30, 2025.

The following sets forth the
operating lease right of use assets and liabilities as of June 30, 2025:

    Assets: 

    Operating lease right of use assets, net 
    $1,540,922 
  
    Prepayment of rent 
     203,800 

    Total operating lease right of use asset 
    $1,744,722 
  
    Liabilities: 

    Operating lease obligations-current portion 
     196,644 
  
    Operating lease obligations-less current portion 
     1,344,278 
  
    Total operating lease obligations 
    $1,540,922 

61

Following are the minimum
lease payments for each year and in total.

    Year ending December 31: 

    2025 (July 1, 2025 through December 31, 2025) 
    $105,412 
  
    2026 
     381,251 
  
    2027 
     448,051 
  
    2028 
     364,652 
  
    2029 and thereafter 
     489,231 
  
    Total undiscounted minimum future lease payments 
     1,788,597 
  
    Imputed interest 
     (247,675)
  
    Total operating lease liability 
    $1,540,922 

Debt obligations - We have the following
outstanding debt as of June 30, 2025 which require future principal payments:

    June 30, 2025 
  
    Economic injury disaster loan (EIDL) 
    $142,805 
  
    Unsecured Promissory note – Entertainment Segment 
     600,000 
  
    Debt obligations 
     742,805 

    Less: current maturities of debt obligations 
     (603,476)

    Debt obligations, long-term 
    $139,329 

Debt obligations mature on an annual basis as
follows as of June 30, 2025:

    June 30, 2025 
  
    2025 (July 1, 2025 to December 31, 2025) 
    $603,476 
  
    2026 
     3,542 
  
    2027 
     3,676 
  
    2028 
     3,817