Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 267

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 267
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                  |     | 3-7 years  |             |   |            237,141 |   |     |   |            29,055 |   |
| Demonstration and tradeshow equipment               |     | 3-7 years  |             |   |             77,791 |   |     |   |            87,987 |   |
| Building improvements                               |     | 5-7 years  |             |   |             20,935 |   |     |   |         1,328,654 |   |
| Total cost                                          |     |            |             |   |          1,116,359 |   |     |   |         8,787,559 |   |
| Less: accumulated depreciation and amortization     |     |            |             |   |           (671,756 | ) |     |   |        (1,503,857 | ) |
| Net property, plant and equipment                   |     |            |             | $ |            444,603 |   |     | $ |         7,283,702 |   |

| F-70 |

Depreciation expense for the three months ended September 30, 2024 and September 30, 2023 was $ 127,474and $ 188,100, respectively, and is included in general and administrative expenses. Depreciation expense for the nine months ended September 30, 2024 and September 30, 2023 was $ 471,307and $ 533,992,respectively, and is included in general and administrative expenses.

During the nine months ended September 30, 2024 the Company engaged a broker and sold its aircraft for $ 1,100,000less closing costs of $ 1,500. The carrying amount of the aircraft on the date of sale was $ 1,141,661. As a result of the sale the Company recorded a loss of $ 41,661in the Consolidated Statement of Operations.

During the three and nine months ended September 30, 2024 the Company engaged a broker and sold its building for $ 5,900,000less closing costs of $ 7,194. The carrying amount of the building on the date of sale was $ 5,461,623. As a result of the sale the Company recorded a gain of $ 431,183in the Consolidated Statement of Operation during the three and nine months ended September