Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 220

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 220
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CHEDULE OF WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING AND LOSS PER SHARE OUTSTANDING

|                                                                                                                                   |     | Year ended December 31, 
 2023                    |        2023 |   |     | 2022 |        2022 |   |
|:----------------------------------------------------------------------------------------------------------------------------------|:----|:------------------------|------------:|:--|:----|:-----|------------:|:--|
| Numerator for basic and diluted loss per share - Net loss attributable to common stockholders                                     |     | $                       | (25,688,547 | ) |     | $    | (21,666,691 | ) |
| Denominator for basic loss per share - weighted average shares outstanding                                                        |     |                         |   2,784,894 |   |     |      |   2,548,549 |   |
| 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                                             |     |                         |   2,784,894 |   |     |      |   2,548,549 |   |
| Net loss per share:                                                                                                               |     |                         |             |   |     |      |             |   |
| Basic                                                                                                                             |     | $                       |       (9.22 | ) |     | $    |       (8.50 | ) |
| Diluted                                                                                                                           |     | $                       |       (9.22 | ) |     | $    |       (8.50 | ) |

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, 2023 and 2022, 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. DIGITAL ALLY HEALTHCARE VENTURE

On June 4, 2021, Digital Ally Healthcare, a wholly-owned subsidiary of the Company, entered into a venture with Nobility LLC (“Nobility”), an eight-year-old revenue cycle management (“RCM”) company servicing the medical industry, to form Nobility Healthcare, LLC (“Nobility Healthcare”). Digital Ally Healthcare is capital