Company: DGLY
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021680
Chunk: 217

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 217
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 regain and maintain compliance with the Minimum Bid Price Requirement and Stockholders’ Equity
Requirement as promptly as possible. In that regard, management believes that it has achieved compliance with the Stockholders’
Equity Requirement as reported in the accompanying Statement of Stockholders’ Equity (Deficit) as of September 30, 2025. Furthermore,
management believes that it has achieved compliance with the Minimum Bid Price Requirement prior to June 6, 2025, as required by the
Panel. Management believes that it has met all other requirements as requested by the Panel. There are no assurances however, that the
Company will be able to meet and maintain all such conditions required by the Panel.

On
October 17, 2025, the Company received notice from Nasdaq that it had regained full compliance with the Minimum Bid Price Requirement
and Stockholders’ Equity Requirement. The Nasdaq has now placed the Company under a one-year Discretionary Panel Monitor. Under
the Discretionary Panel Monitor, the Company will not be permitted to request additional time to regain compliance with any deficiencies
that occur within the one-year period regarding noncompliance with the Periodic Filing or Bid Price Rules. Such one-year period expires
on July 31, 2026 with regard to the Periodic Filing Rules and September 2, 2026 regarding the Bid Price Rules.

Segment
Overview

Video
Solutions Operating Segment – Within our video solutions operating segment we supply technology-based products utilizing our
portable digital video and audio recording capabilities for the law enforcement and security industries and for the commercial fleet
and mass transit markets. We can integrate electronic, radio, computer, mechanical, and multi-media technologies to create positive solutions
to our customers’ requests. Our products include: the EVO-HD, DVM-800 and DVM-800 Lite, which are in-car digital video systems
for law enforcement and commercial markets; the FirstVU body-worn camera line, consisting of the FirstVu Pro, FirstVu, and the FirstVU
HD; our patented and revolutionary VuLink product integrates our body-worn cameras with our in-car systems by providing hands-free automatic
activation for both law enforcement and commercial markets; EVO Web Portal, which is our cloud-based evidence management system for Law
enforcement and commercial market; the EVO Fleet, FLT-250, DVM-250, and DVM-250 Plus, which are our commercial line of digital video
products that serve as “event record