Company: DGLY
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021680
Chunk: 55

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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 to the purchase/exercise price of other options exercised. There were no shares surrendered pursuant to cashless exercises
during the nine months ended September 30, 2025 and 2024.

At
September 30, 2025 and December 31, 2024, the aggregate intrinsic value of options outstanding was approximately $-0- and $-0-, respectively,
and the aggregate intrinsic value of options exercisable was approximately $-0- and $-0-, respectively.

The
following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable
options under the Company’s option plans as of September 30, 2025:

 SCHEDULE OF SHARES AUTHORIZED UNDER STOCK OPTION PLANS BY EXERCISE PRICE RANGE

    Outstanding options  
    Weighted average  
    Exercisable options  
    Weighted average 
  
    Exercise price range 
    Number of options  
    remaining contractual life  
    Number of  options  
    remaining contractual life 

    $0.01 to $39.999 
     1  
     6.3 years  
     1  
     6.3 years 
  
    $40,000 to $69,999 
     7  
     5.8 years  
     7  
     5.8 years 
  
    $70,000 to $99,999 
     10  
     4.1 years  
     10  
     4.1 years 
  
    $100,000 to $129,999 
     7  
     2.9 years  
     7  
     2.9 years 
  
    $130,000 to $159,999 
     1  
     0.6 years  
     1  
     0.6 years 

    Total 
     26  
     4.1 years  
     26  
     4.1 years 

Restricted
stock grants. The Board of Directors has granted restricted stock awards under the Plans. Restricted stock awards are valued
on the date of grant and have no purchase price for the recipient. Restricted stock awards typically vest over one to four years corresponding
to the anniversaries of the grant date. Under the Plans, unvested shares of restricted stock awards may be forfeited upon the termination
of service to or employment with the