Company: DGLY
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001641172-25-024667
Chunk: 0

Company: DIGITAL ALLY, INC.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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DIGITAL ALLY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

JUNE 30, 2025 AND DECEMBER 31, 2024

    June 30, 2025  
    December 31, 2024 

    (Unaudited)  

    Assets 

    Current assets: 

    Cash and cash equivalents 
    $622,820  
    $454,314 
  
    Accounts receivable-trade, less allowance for doubtful accounts of $105,669 – June 30, 2025 and $200,668 – December 31, 2024 
     961,666  
     1,301,253 
  
    Subscriptions receivable, net of $75,000 allowance – June 30, 2025 and $25,000 – December 31, 2024 
     3,649,644  
     3,988,994 
  
    Other receivables 
     2,024  
     155,851 
  
    Inventories, net 
     2,466,106  
     2,586,066 
  
    Prepaid expenses 
     1,968,884  
     1,867,258 

    Total current assets 
     9,671,144  
     10,353,736 

    Property, plant, and equipment, net 
     483,930  
     365,857 
  
    Goodwill and other intangible assets, net 
     9,972,472  
     10,654,325 
  
    Operating lease right of use assets, net 
     1,744,722  
     718,509 
  
    Subscriptions receivable – long-term 
     3,895,405  
     4,889,289 
  
    Other assets 
     195,990  
     754,857 

    Total assets 
    $25,963,663  
    $27,736,573 

    Liabilities and Equity (Deficit) 

    Current liabilities: 

    Accounts payable 
    $4,663,886  
    $11,486,947 
  
    Accrued expenses 
     478,603  
     1,514,508 
  
    Current portion of operating lease obligations 
     196,644