Company: DGLY
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021680
Chunk: 124

Company: DIGITAL ALLY, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 124
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 thereafter 
     489,231 
  
    Total undiscounted minimum future lease payments 
     1,735,923 
  
    Imputed interest 
     (239,505)
  
    Total operating lease liability 
    $1,496,418 

Debt
obligations - We have the following outstanding debt as of September 30, 2025 which require future principal payments:

    September 30, 2025 
  
    Economic injury disaster loan (EIDL) 
    $141,948 
  
    Unsecured Promissory note – Entertainment Segment 
     550,000 
  
    Senior Secured Promissory Notes 
     806,451 
  
    Unamortized debt issuance costs 
     (494,668)
  
    Debt obligations 
     1,003,731 
  
    Less: current maturities of debt obligations 
     (865,292)

    Debt obligations, long-term 
    $138,439 

Debt
obligations mature on an annual basis as follows as of September 30, 2025:

    September 30, 2025 
  
    2025 (July 1, 2025 to December 31, 2025) 
    $628,811 
  
    2026 
     237,379 
  
    2027 
     3,677 
  
    2028 
     3,817 
  
    2029 and thereafter 
     130,047 

    Total 
    $1,003,731 

52

Litigation.

From
time to time, we are notified that we may be a party to a lawsuit or that a claim is being made against us. It is our policy to not disclose
the specifics of any claim or threatened lawsuit until the summons and complaint are actually served on us. After carefully assessing
the claim, and assuming we determine that we are not at fault or we disagree with the damages or relief demanded, we vigorously defend
any lawsuit filed against us. We record a liability when losses are deemed probable and reasonably estimable. When losses are deemed
reasonably possible but not probable, we determine whether it is possible to provide an estimate of the amount of the loss or range of
possible losses for the claim, if material for disclosure. In evaluating matters for accrual and disclosure purposes, we take into consideration
factors such as our historical experience with matters of a similar