Company: DGLY
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021680
Chunk: 145

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 145
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 an order is confirmed, the seller is then obligated to deliver the tickets to the buyer per the seller’s
listing. Payment is due at the time of sale.

Other

Deferred
revenue includes payments received in advance of performance under the contract and are reported separately as current liabilities and
non-current liabilities in the Condensed Consolidated Balance Sheets. Such amounts consist of extended warranty contracts, prepaid cloud
services and prepaid installation services and are generally recognized as the respective performance obligations are satisfied. During
the nine months ended September 30, 2025, the Company recognized revenue of $4,189,321 related to its deferred revenue. Total deferred
revenue consists of the following:

 SCHEDULE
OF DEFERRED REVENUES

    September 30, 2025 

    December 31, 2024  
    Additions/ Reclass  
    Recognized Revenue  
    September 30, 2025 
  
    Deferred revenue, current 
    $4,215,401  
    $1,416,761  
    $1,909,289  
    $3,722,873 
  
    Deferred revenue, non-current 
     6,317,472  
     1,169,749  
     2,280,032  
     5,207,189 

    $10,532,873  
    $2,586,510  
    $4,189,321  
    $8,930,061 

    December 31, 2024 

    December 31, 2023  
    Additions/ Reclass  
    Recognized Revenue  
    December 31, 2024 
  
    Deferred revenue, current 
    $2,937,168  
    $2,799,956  
    $1,521,723  
    $4,215,401 
  
    Deferred revenue, non-current 
     7,340,459  
     1,814,351  
     2,837,338  
     6,317,472 

    $10,277,627  
    $4,614,307  
    $4,359,061  
    $10,532,873 

Sales
returns and allowances aggregated $516,208 for the nine months ended September 30, 2025. Obligations for estimated sales returns and