Company: DGLY
Filing Date: 2025-02-06
Form Type: S-1/A
Source: 0001493152-25-005144
Chunk: 162

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-06
Form: S-1/A
Chunk 162
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     | $          | 128,441,083 |   |     | $              | 673,292 |   |     | $           | (117,668,781 | ) |     | $     |  11,448,395 |   |
| Balance,                                                                                          |     |              | 2,800,752 |   |     | $      | 2,801 |   |     | $          | 128,441,083 |   |     | $              | 673,292 |   |     | $           | (117,668,781 | ) |     | $     |  11,448,395 |   |

<div align='center'>See Notes to Consolidated Financial Statements.</div>

| F-6 |

<div align='center'>DIGITAL ALLY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2023 AND 2022</div>

| Cash Flows from Operating Activities:                                                                 |     | 2023 |             |   |     | 2022 |             |   |
|:------------------------------------------------------------------------------------------------------|:----|:-----|------------:|:--|:----|:-----|------------:|:--|
| Net loss                                                                                              |     | $    | (25,463,949 | ) |     | $    | (18,873,758 | ) |
| Adjustments to reconcile net loss to net cash flows used in operating activities:                     |     |      |             |   |     |      |             |   |
| Depreciation and amortization                                                                         |     |      |   2,218,237 |   |     |      |   2,176,679 |   |
| Gain on sale of property, plant and equipment                                                         |     |      |           — |   |     |      |    (212,831 | ) |
| Gain on sale on intangible                                                                            |     |      |             |   |     |      |             |   |
| Goodwill and intangible asset impairment charge                                                       |     |      |             |   |     |      |             |   |
| Stock based compensation                                                                              |     |      |     452,071 |   |     |      |   1,282,757 |   |
| Non-cash interest expense                                                                             |     |      |     576,380 |   |     |      |           —