Company: DGLY
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001641172-25-024667
Chunk: 91

Company: DIGITAL ALLY, INC.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 1
Chunk 91
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 other revenues for the three months
ended June 30, 2025 and 2024 were $3,453,079 and $3,408,634, respectively, an increase of $44,445 (1.3%), due to the following factors:

    ●
    Cloud revenues generated by the video solutions operating segment were $637,846 and $637,379 for the three months ended June 30, 2025 and 2024, respectively, a slight increase of $467. We continue to experience increased interest in our cloud solutions for law enforcement primarily due to the deployment of our cloud-based EVO-HD in-car system and our next generation body-worn camera products, which contributed to our cloud revenues in the three months ended June 30, 2024. We expect this trend to continue for 2025 as the migration from local storage to cloud storage continues in our customer base.

    ●
    Video solutions operating segment revenues from extended warranty services were $239,988 and $233,031 for the three months ended June 30, 2025 and 2024, respectively, a slight increase of $6,957 (3.0%). 

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    ●
    Our entertainment operating segment generated service revenues totaling $1,118,245 and $879,549 for the three months ended June 30, 2025 and 2024, respectively, an increase of $238,696 (27.1%). TicketSmarter collects fees on transactions administered through the TicketSmarter.com platform for the buying and selling of tickets for live events throughout the country. We expect our entertainment operating segment to continue to fluctuate as we look to right-size this segment and work towards profitability. Our entertainment segment has focused on cost cutting and overall improvements in gross margin rather than top line revenues, which has resulted in a reduction in revenues for ticketing events that did not meet its gross margin goals. The entertainment operating segment has increased its use of Facebook and other social media to generate increased ticketing revenues in the second quarter of 2025 compared to 2024.

    ●
    Our revenue cycle management operating segment generated service revenues totaling $1,432,294 and $1,564,354 for the three months ended June 30, 2025 and 2024, respectively, a decrease of $132,060 (8.4%). Our revenue cycle management operating segment provides revenue cycle management solutions and back-office services to healthcare organizations throughout the country. The decrease in revenue is due