Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 179

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 179
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 |
| Other                  |     |   |      435,137 |     |   |      424,464 |
| Total prepaid expenses |     | $ |    6,366,368 |     | $ |    8,466,413 |

Prepaid expenses decreased by approximately $ 2.1million primarily due to a decline in prepaid inventory purchases and advertising in 2023.

| F-20 |

NOTE 7. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at December 31, 2023 and 2022:

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT

|                                                     |     |            | Estimated   
 Useful Life |   | December 31, 
         2023 |   |     |   | December 31, 
         2022 |   |
|:----------------------------------------------------|:----|:-----------|:------------|:--|-------------:|:--|:----|:--|-------------:|:--|
| Building                                            |     | 25 years   |             | $ |    4,537,037 |   |     | $ |    4,537,037 |   |
| Land                                                |     | Infinite   |             |   |      739,734 |   |     |   |      739,734 |   |
| Office furniture, fixtures, equipment, and aircraft |     | 3-20 years |             |   |    2,065,092 |   |     |   |    2,048,169 |   |
| Warehouse and production equipment                  |     | 3-7 years  |             |   |       29,055 |   |     |   |       51,302 |   |
| Demonstration and tradeshow equipment               |     | 3-7 years  |             |   |       87,987 |   |     |   |       72,341 |   |
| Building improvements                               |     | 5-7 years  |             |   |    1,328,654 |   |     |   |    1,334,374 |   |
| Total cost                                          |     |            |             |   |    8,787,559 |   |     |   |    8,782,957 |   |
| Less: accumulated depreciation and amortization     |     |            |             |   |   (1,503