Company: DGLY
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011765
Chunk: 156

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 156
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 health safety
solutions. The Revenue Cycle Management Segment provides working capital and back-office services to a variety of healthcare organizations
throughout the country, as a monthly service fee. The Entertainment Segment acts as an intermediary between ticket buyers and sellers
within our secondary ticketing platform, ticketsmarter.com, and we also acquire tickets from primary sellers to then sell through various
platforms.

The Company’s corporate
administration activities are reported in the corporate line item. These activities primarily include expense related to certain corporate
officers and support staff, certain accounting staff, expense related to the Company’s Board of Directors, stock option expense
for options granted to corporate administration employees, certain consulting expenses, investor relations activities, and a portion of
the Company’s legal, auditing and professional fee expenses. Corporate identifiable assets primarily consist of cash, invested cash
(if any), refundable income taxes (if any), and deferred income taxes.

    37

Summarized financial information
for the Company’s reportable business segments is provided for the three months ended March 31, 2025, and 2024:

SCHEDULE OF SEGMENT REPORTING

    Three months ended March 31, 2025

    Video Solutions  
    Entertainment  
    Revenue
                                                                                cycle Management  
    Corporate and other  
    Total 
  
    Net revenues: 

    Product 
    $54,231  
    $667,119  
    $—  
    $—  
    $721,350 
  
    Service 
     868,050  
     1,535,313  
     1,350,551  
     —  
     3,753,914 
  
    Total segment net revenues 
    $922,281  
    $2,202,432  
    $1,350,551  
    $—  
    $4,475,264 
  
    Less significant segment  expenses: 

    Cost of Revenue - Product 
    $64,552  
    $611,087  
    $—  
    $—  
    $675,639 
  
    Cost of Revenue – Service and  other 
     301,968  
     1,013,270  
     882,888  
     —  
     2,198,126 
  
    Research and development expense 
     84,417  
     —