Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 157

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 157
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 (iii) whether these assumptions were consistent with evidence obtained in other areas of the audit.                               |
| ● | Professionals                                                                                                                               
 with specialized skill and knowledge were used to assist in evaluating (i) the appropriateness of the market approach and (ii) the          
 reasonableness of significant assumptions related to the market multiples, peer group and comparable transaction selection and selection    
 of relevant financial matrices for concluding the fair value of reporting unit and future levels of revenue growth.                         |

/s/ RBSM LLP

We have served as the Company’s auditor since 2019.

New York, NY

April 1, 2024

PCAOB ID Number 587

<div align='center'>New York, NY Washington DC Mumbai & Pune, India Boca Raton, FL

San Francisco, CA Las Vegas, NV Beijing, China Athens, Greece

Member: ANTEA International with affiliated offices worldwide</div>

| F-3 |

<div align='center'>DIGITAL ALLY, INC.

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2023 AND 2022</div>

| Assets                                                                                                                                                
 Current assets:                                                                                                                                       |     | 2023 |              |   |     | 2022 |             |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|-------------:|:--|:----|:-----|------------:|:--|
| Cash and cash equivalents                                                                                                                             |     | $    |      680,549 |   |     | $    |   3,532,199 |   |
| Accounts receivable-trade, less allowance for doubtful accounts of $200,668 - 2023 and $152,736 - 2022                                                |     |      |    1,584,662 |   |     |      |   2,044,056 |   |
| Other receivables, net of $5,000 allowance - 2023 and $0 - 2022 (including $-0- due from related parties - 2023 and $138,384- 2022, refer to Note 19) |     |      |    3,107,634 |   |     |      |   4,076,522 |   |
| Inventories, net                                                                                                                                      |     |      |    3,845,281 |   |     |      |   6,839,406 |   |
| Prepaid expenses                                                                                                                                      |     |