Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 234

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 234
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aining compliance during the Cure Period. However, there can be no assurance that the Company will be able to satisfy Nasdaq Listing Rule 5605 or will otherwise be in compliance with other Nasdaq listing criteria.

Business Combination

In February 2024, Kustom Entertainment and Clover Leaf announced the filing of Amendment No. 2 to a Registration Statement on Form S-4 by Clover Leaf with the SEC on February 5, 2024, relating to the previously announced proposed Business Combination.

| F-50 |

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

CONDENSED CONSOLIDATED BALANCE SHEETS

SEPTEMBER 30, 2024 AND DECEMBER 31, 2023</div>

|                                                                                                                                                                                      |     |   | September 30, 2024 
        (Unaudited) |   |     |   | December 31, 2023 |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|-------------------:|:--|:----|:--|------------------:|:--|
| Assets                                                                                                                                                                               |     |   |                    |   |     |   |                   |   |
| Current assets:                                                                                                                                                                      |     |   |                    |   |     |   |                   |   |
| Cash and cash equivalents                                                                                                                                                            |     | $ |            415,131 |   |     | $ |           680,549 |   |
| Accounts receivable - trade, net of $176,227 allowance - September 30, 2024 and $200,668 - December 31, 2023                                                                         |     |   |          1,593,622 |   |     |   |         1,584,662 |   |
| Other receivables, net of $25,000 allowance - September 30, 2024 and $5,000 - December 31, 2023                                                                                      |     |   |          3,659,913 |   |     |   |         3,107,634 |   |
| Inventories, net                                                                                                                                                                     |     |   |          2,325,118 |   |     |   |         3,845,281 |   |
| Prepaid expenses                                                                                                                                                                     |     |   |          6,325,183 |   |     |   |         6,366,368 |   |
| Total current assets                                                                                                                                                                 |     |   |         14