Company: DGLY
Filing Date: 2025-02-11
Form Type: S-1/A
Source: 0001493152-25-005949
Chunk: 46

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-11
Form: S-1/A
Chunk 46
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 on-site operations, vendor sourcing, and day of production.

| 24 |

Our entertainment operating segment consists of entertainment services provided through TicketSmarter and its online platform, TicketSmarter.com. Revenues of this segment include ticketing service charges generally determined as a percentage of the face value of the underlying ticket and ticket sales from our ticket inventory which are recognized when the underlying tickets are sold. Entertainment direct expenses include the cost of tickets purchased for resale by the Company and held as inventory, credit card fees, ticketing platform expenses, website maintenance fees, along with other administrative costs.

Comparison of the Nine Months Ended September 30, 2024 and 2023

Results of Operations

Summarized financial information for the Company’s reportable business segments is provided for the indicated periods and as of September 30, 2024, and September 30, 2023:

| Net Revenues:                  |     | For                                  
 the three months ended September 30, 
 2024                                 |            |   |     | 2023 |            |   |     | For                                 
 the nine months ended September 30, 
 2024                                |             |   |     | 2023 |             |   |
|:-------------------------------|:----|:-------------------------------------|-----------:|:--|:----|:-----|-----------:|:--|:----|:------------------------------------|------------:|:--|:----|:-----|------------:|:--|
| Video Solutions                |     | $                                    |  1,196,362 |   |     | $    |  1,797,348 |   |     | $                                   |   4,500,325 |   |     | $    |   5,596,300 |   |
| Revenue Cycle Management       |     |                                      |  1,601,792 |   |     |      |  1,636,543 |   |     |                                     |   4,600,745 |   |     |      |   5,142,904 |   |
| Entertainment                  |     |                                      |  1,253,557 |   |     |      |  2,903,808 |   |     |                                     |   6,096,227 |   |     |      |  11,575,315 |   |
| Total                          
 Net Revenues                   |     | $                                    |  4,051,