Company: DGLY
Filing Date: 2025-05-02
Form Type: 424B3
Source: 0001641172-25-008437
Chunk: 167

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-02
Form: 424B3
Chunk 167
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 OUTSTANDING

|                                                                                                         |     | Year               
 ended December 31, 
 2024               |        2024 |   |     | 2023 |        2023 |   |
|:--------------------------------------------------------------------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|------------:|:--|
| Numerator                                                                                               
 for basic and diluted loss per share – Net loss attributable to common stockholders                     |     | $                  | (19,844,147 | ) |     | $    | (25,688,547 | ) |
| Denominator for basic loss per share – weighted average shares                                          
 outstanding                                                                                             |     |                    |   3,555,371 |   |     |      |   2,784,894 |   |
| Dilutive effect of shares                                                                               
 issuable upon conversion of convertible debt and the exercise of stock options and warrants outstanding |     |                    |           — |   |     |      |           — |   |
| Denominator for diluted loss per share                                                                  
 – adjusted weighted average shares outstanding                                                          |     |                    |   3,555,371 |   |     |      |   2,784,894 |   |
| Net loss per share:                                                                                     |     |                    |             |   |     |      |             |   |
| Basic                                                                                                   |     | $                  |       (5.58 | ) |     | $    |       (9.22 | ) |
| Diluted                                                                                                 |     | $                  |       (5.58 | ) |     | $    |       (9.22 | ) |

| F-46 |

Basic loss per share is based upon the weighted average number of shares of common stock outstanding during the period. For the years ended December 31, 2024 and 2023, all shares issuable upon conversion of convertible debt and the exercise of outstanding stock options and warrants were antidilutive, and, therefore, not included in the computation of diluted loss per share.

NOTE 21. COUNTRY STAMPEDE ACQUISITION

On March 1, 2024, Kustom 440, entered into an Asset Purchase Agreement (the “Acquisition Agreement”) with JC Entertainment, LLC, a Kansas limited liability company (“JC Entertainment”). Pursuant to the Acquisition Agreement, Kustom 440 acquired certain assets associated with a music entertainment event (“Country Stampede”), including all intellectual property