Company: DGLY
Filing Date: 2025-02-11
Form Type: S-1/A
Source: 0001493152-25-005949
Chunk: 261

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-11
Form: S-1/A
Chunk 261
---
,429 | ) |
| Debt obligations                                                                    |     |   |          3,580,859 |   |     |   | 6,113,750 |   |
| Less: current maturities of debt obligations                                        |     |   |          3,438,910 |   |     |   | 1,260,513 |   |
| Debt obligations, long-term                                                         |     | $ |            141,949 |   |     | $ | 4,853,237 |   |

| F-62 |

Debt obligations mature on an annual basis as follows as of September 30, 2024:

SCHEDULE OF MATURITY OF DEBT OBLIGATIONS

| 2024 (October 1, 2024 to December 31, 2024) |     | September 30, 2024 | 3,436,363 |
|:--------------------------------------------|:----|:-------------------|----------:|
| Year one                                    |     | $                  | 3,436,363 |
| 2025                                        |     |                    |     3,412 |
| Year two                                    |     |                    |     3,412 |
| 2026                                        |     |                    |     3,542 |
| Year three                                  |     |                    |     3,542 |
| 2027                                        |     |                    |     3,677 |
| Year four                                   |     |                    |     3,677 |
| 2028 and thereafter                         |     |                    |   133,865 |
| Year five and thereafter                    |     |                    |   133,865 |
| Total                                       |     | $                  | 3,580,859 |

2020 Small Business Administration Notes.

On May 12, 2020, the Company received $ 150,000in loan funding from the SBA under the Economic Injury Disaster Loan (“EIDL”) program administered by the SBA, which program was expanded pursuant to the recently enacted CARES Act. The EIDL is evidenced by a secured promissory note, dated May 8, 2020, in the original principal amount of $ 150,000with the SBA, the lender.

Under the terms of the note issued under the EIDL program, interest accrues on the outstanding principal at the rate of 3.75% per annum. The term of such note is thirty years, though it may be payable sooner upon