Company: DGLY
Filing Date: 2025-02-06
Form Type: S-1/A
Source: 0001493152-25-005144
Chunk: 280

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-06
Form: S-1/A
Chunk 280
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SCHEDULE OF STOCK OPTIONS OUTSTANDING

| Options                           |     | Number of Shares |        |   |     | Weighted Average Exercise Price |        |   |
|:----------------------------------|:----|:-----------------|-------:|:--|:----|:--------------------------------|-------:|:--|
| Outstanding at December 31, 2023  |     |                  | 53,600 |   |     | $                               |  45.55 |   |
| Granted                           |     |                  |      — |   |     |                                 |      — |   |
| Exercised                         |     |                  |      — |   |     |                                 |      — |   |
| Forfeited/expired                 |     |                  | (1,100 | ) |     |                                 | (65.00 | ) |
| Outstanding at September 30, 2024 |     |                  | 52,500 |   |     | $                               |  45.14 |   |
| Exercisable at September 30, 2024 |     |                  | 52,500 |   |     | $                               |  45.14 |   |

The Plans allow for the cashless exercise of stock options. This provision allows the option holder to surrender/cancel options with an intrinsic value equivalent to the purchase/exercise price of other options exercised. There were no shares surrendered pursuant to cashless exercises during the nine months ended September 30, 2024 and 2023.

The aggregate intrinsic value of options outstanding was $- 0- and $- 0-, at September 30, 2024 and December 31, 2023, respectively. The aggregate intrinsic value of options exercisable was $- 0- and $- 0-, at September 30, 2024 and December 31, 2023, respectively.

As of September 30, 2024, the unrecognized portion of stock compensation expense on all existing stock options was $- 0-.

| F-74 |

The following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable options under the Company’s option plans as of September 30, 2024:

SCHEDULE OF SHARES AUTHORIZED UNDER STOCK OPTION PLANS BY EXERCISE PRICE RANGE

| Exercise price 
 range          |                 |     | Outstanding options 
 Number of           
 options             |        |     | Weighted average 
 remaining        
 contractual