Company: DGLY
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001641172-25-024667
Chunk: 196

Company: DIGITAL ALLY, INC.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 8
Chunk 196
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 the Panel intends to impose a Discretionary Panel Monitor to monitor the Company’s
ongoing compliance with the Nasdaq’s continued listing standards for a period of time.

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41

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operation.

This quarterly report on Form
10-Q (the “Report”) of Digital Ally, Inc. (the “Company”, “we”, “us”, or “our”)
contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”). The words “aim,” “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “feel,” “forecast,”
“intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,”
“seek,” “should,” “will,” “would,” and similar expressions intended to identify forward-looking
statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are based largely
on our expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks
and known and unknown uncertainties, a number of which are beyond our control. Therefore, actual results could differ materially from
the forward-looking statements contained in this document, and readers are cautioned not to place undue reliance on such forward-looking
statements.

We undertake no obligation
to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A wide
variety of factors could cause or contribute to such differences and could adversely impact revenues, profitability, cash flows and capital
needs. There can be no assurance that the forward-looking statements contained in this document will, in fact, transpire or prove to be
accurate.

Factors that could cause or
contribute to our actual results differing materially from those discussed herein or for our stock price to be adversely affected include,
but are not limited to: (1) our losses in recent years, including fiscal years 2024 and 2023; (2) economic and other risks for our business
from the effects of the COVID-19 pandemic, including the impacts on our law-enforcement and commercial customers, suppliers and employees
and on our ability to raise capital as required; (3) our ability to increase revenues, increase