Company: DGLY
Filing Date: 2025-05-02
Form Type: 424B3
Source: 0001641172-25-008437
Chunk: 126

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-02
Form: 424B3
Chunk 126
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, which was included in goodwill and intangible asset impairment charge on our Consolidated Statements of Operations for the year ended December 31, 2024. The charge was primarily driven by the split-off transaction not being completed when and as expected and our recent revenue and operating performance of the related business given a decline in demand and overall economic uncertainty. The remaining balance for this trade name/trademark was $699,000 as of December 31, 2024.

| F-22 |

NOTE 9. OTHER ASSETS

Other assets were the following at December 31, 2024 and 2023:

SCHEDULE OF OTHER ASSETS

|                    |     |   |  December 
       31, 
      2024 |     |   |  December 
       31, 
      2023 |
|:-------------------|:----|:--|----------:|:----|:--|----------:|
| Lease receivable   |     | $ | 4,889,289 |     | $ | 6,095,050 |
| Deposits           |     |   |   549,272 |     |   |         — |
| Restricted Cash    |     |   |         — |     |   |    97,600 |
| Other              |     |   |   205,585 |     |   |   404,382 |
| Total other assets |     | $ | 5,644,146 |     | $ | 6,597,032 |

NOTE 10. DEBT OBLIGATIONS

Debt obligations is comprised of the following:

SCHEDULE OF DEBT OBLIGATIONS

|                                               |     |   |  December 
  31, 2024 |   |     |   |  December 
  31, 2023 |   |
|:----------------------------------------------|:----|:--|----------:|:--|:----|:--|----------:|:--|
| Economic injury disaster loan (EIDL)          |     | $ |   144,495 |   |     | $ |   147,781 |   |
| Contingent consideration promissory note –    
 Nobility Healthcare Division Acquisition      |     |   |         — |   |     |   |   129,651 |   |
| Contingent consideration promissory note –    
 Nobility Healthcare Division Acquisition      |     |   |         — |   |