Company: DGLY
Filing Date: 2025-02-06
Form Type: S-1/A
Source: 0001493152-25-005144
Chunk: 70

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-06
Form: S-1/A
Chunk 70
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 to external customers. Segment gross profit represents net revenues less cost of revenues. Segment operating income (loss), which is used in management’s evaluation of segment performance, represents net revenues, less cost of revenues, less all operating expenses. Identifiable assets are those assets used by each segment in its operations. Corporate assets primarily consist of cash, property, plant and equipment, accounts receivable, inventories, and other assets.

Consolidated Results of Operations

We experienced operating losses for all quarters during 2023 and 2022. The following is a summary of our recent operating results on a quarterly basis:

|                                                    |     | For the             
 Three Months Ended: | December 31, 2023 |    |     |   | September 30, 2023 |    |     |   | June 30, 2023 |    |     |   | March 31, 2023 |    |     |   | December 31, 2022 |    |     |   | September 30, 2022 |    |     |   | June 30, 2022 |    |     |   | March 31, 2022 |    |
|:---------------------------------------------------|:----|:--------------------|------------------:|:---|:----|:--|-------------------:|:---|:----|:--|--------------:|:---|:----|:--|---------------:|:---|:----|:--|------------------:|:---|:----|:--|-------------------:|:---|:----|:--|--------------:|:---|:----|:--|---------------:|:---|
| Total revenue                                      |     | $                   |         6,228,351 |    |     | $ |          6,337,699 |    |     | $ |     8,062,097 |    |     | $ |      7,620,197 |    |     | $ |         8,879,504 |    |     | $ |          8,484,153 |    |     | $ |     9,351,457 |    |     | $ |     10,294,781 |    |
| Gross profit                                       |     |                     |           549,031 |    |     |   |          1,226,149 |    |     |   |     2,519,505 |    |