Company: DGLY
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001641172-25-024667
Chunk: 168

Company: DIGITAL ALLY, INC.
Filing Date: 2025-08-18
Form: 10-Q
Item: Part I, Item 8
Chunk 168
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    Granted 
     —  
     — 
  
    Exercised 
     —  
     — 
  
    Forfeited 
     —  
     — 
  
    Outstanding at June 30, 2025 
     26  
    $102,907.69 
  
    Exercisable at June 30, 2025 
     26  
    $102,907.69 

    Options 
    Number of  Shares  
    Weighted Average Exercise Price 
  
    Outstanding at January 1, 2024 
     27  
    $91,100.00 
  
    Granted 
     —  
     — 
  
    Exercised 
     —  
     — 
  
    Forfeited 
     —  
     — 
  
    Outstanding at June 30, 2024 
     27  
    $91,100.00 
  
    Exercisable at June 30, 2024 
     27  
    $91,100.00 

The fair value of each option
award is estimated on the date of grant using a Black-Scholes option valuation model

The Plans allow for the cashless
exercise of stock options. This provision allows the option holder to surrender/cancel options with an intrinsic value equivalent to the
purchase/exercise price of other options exercised. There were no shares surrendered pursuant to cashless exercises during the three months
ended June 30, 2025 and 2024.

At June 30, 2025 and December
31, 2024, the aggregate intrinsic value of options outstanding was approximately $-0- and $-0-, respectively, and the aggregate intrinsic
value of options exercisable was approximately $-0- and $-0-, respectively.

The following table summarizes
the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable options under the Company’s
option plans as of June 30, 2025:

 SCHEDULE OF SHARES AUTHORIZED UNDER STOCK OPTION PLANS BY EXERCISE PRICE RANGE

    Outstanding options 
    Exercisable options 
  
    Exercise price range  
    Number of options  
    Weighted average remaining contractual life 
    Number of  options  
    Weighted average remaining contractual life 

    $0.01 to $39.999  
     1