Company: DGLY
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011765
Chunk: 168

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 168
---
●On
                                            or before May 2, 2025, the Company shall file Form 10-K for 2024 in compliance with Listing
                                            Rule 5250(c)(1). 

●On
                                            or before May 20, 2025, the Company must file a public disclosure describing any transactions
                                            undertaken by the Company to increase its equity and providing an indication of its equity
                                            following those transactions.

●In
                                            addition, on or before May 20, 2025, the Company must provide the Panel with an update on
                                            its fundraising plans, and updated income projections for the next 12 months, with all underlying
                                            assumptions clearly stated. 

●On
                                            or before June 6, 2025, the Company shall demonstrate compliance with the Minimum Bid Price
                                            Requirement. 

●If,
                                            prior to September 2, 2025, the Company becomes non-compliant with any Listing Rule, the
                                            Company will be delisted.

There
are no assurances however, that the Company will be able to meet and maintain all such conditions required by the Panel.

42

Segment Overview

Video Solutions Operating Segment
– Within our video solutions operating segment we supply technology-based products utilizing our portable digital video and
audio recording capabilities for the law enforcement and security industries and for the commercial fleet and mass transit markets. We
have the ability to integrate electronic, radio, computer, mechanical, and multi-media technologies to create positive solutions to our
customers’ requests. Our products include: the EVO-HD, DVM-800 and DVM-800 Lite, which are in-car digital video systems for law
enforcement and commercial markets; the FirstVU body-worn camera line, consisting of the FirstVu Pro, FirstVu, and the FirstVU HD; our
patented and revolutionary VuLink product integrates our body-worn cameras with our in-car systems by providing hands-free automatic activation
for both law enforcement and commercial markets; EVO Web Portal, which is our cloud-based evidence management system for Law enforcement
and commercial market; the EVO Fleet, FLT-250, DVM-250, and DVM-250 Plus, which are our commercial line of digital video products that
serve as “event recorders” for the commercial fleet and mass transit markets; and FleetVu and VuLink, which are our cloud-based
evidence management systems. We further diversified and broadened our product offerings in 2020, by introducing two