Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 155

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 155
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 value per share; 10,000,000 shares authorized;                                                                                                        
 none issued                                                                                                                                           
 or outstanding at September 30, 2024 and December 31, 2023                                                                                            |     |      |              |   |     |      |             |   |
| Common stock, $0.001                                                                                                                                  
 par value; 200,000,000 shares authorized;                                                                                                             
 shares issued: 2,800,752 – 2023                                                                                                                       
 and 2,720,170 – 2022                                                                                                                                  |     |      |        2,801 |   |     |      |       2,721 |   |
| Additional paid in capital                                                                                                                            |     |      |  128,441,083 |   |     |      | 127,869,342 |   |
| Noncontrolling interest in consolidated subsidiary                                                                                                    |     |      |      673,292 |   |     |      |     448,694 |   |
| Accumulated deficit                                                                                                                                   |     |      | (117,668,781 | ) |     |      | (91,980,234 | ) |
| Total equity                                                                                                                                          |     |      |   11,448,395 |   |     |      |  36,340,523 |   |
| Total liabilities and equity                                                                                                                          |     | $    |   47,028,809 |   |     | $    |  56,668,062 |   |

<div align='center'>See Notes to Consolidated Financial Statements.</div>

| F-4 |

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

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE YEARS ENDED

DECEMBER 31, 2023 AND 2022</div>

| Revenue:                                                                                  |     | 2023 |             |   |     | 2022 |             |   |
|:------------------------------------------------------------------------------------------|:----|:-----|------------:|:--|:----|:-----|------------:|:--|
| Product                                                                                   |     | $    |   9,347,945 |   |     | $    |  10,999,892 |   |
| Service and other                                                                         |     |      |  18,900,399 |   |     |      |  26,010,003 |   |
| Total revenue                                                                             |     |      |  28,248,344