Company: DGLY
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011765
Chunk: 0

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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DIGITAL ALLY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

MARCH 31, 2025 AND DECEMBER 31, 2024

    March 31, 2025
                                                                                  
    December 31, 2024 

    (Unaudited)  

    Assets 

    Current assets: 

    Cash and cash equivalents 
    $3,762,608  
    $454,314 
  
    Accounts receivable-trade, less allowance for doubtful accounts of $131,500 – March 31, 2025 and $200,668 – December 31, 2024 
     1,247,019  
     1,301,253 
  
    Subscriptions receivable, net of $76,403 allowance – March 31, 2025 and $25,000 – December 31, 2024 
     3,674,494  
     3,988,994 
  
    Other receivables 
     1,678  
     155,851 
  
    Inventories, net 
     2,489,111  
     2,586,066 
  
    Prepaid expenses 
     2,868,351  
     1,867,258 

    Total current assets 
     14,043,261  
     10,353,736 

    Property, plant, and equipment, net 
     355,654  
     365,857 
  
    Goodwill and other intangible assets, net 
     10,332,105  
     10,654,325 
  
    Operating lease right of use assets, net 
     680,628  
     718,509 
  
    Subscriptions receivable – long-term 
     4,081,081  
     4,889,289 
  
    Other assets 
     763,607  
     754,857 

    Total assets 
    $30,256,336  
    $27,736,573 

    Liabilities and Equity (Deficit) 

    Current liabilities: 

    Accounts payable 
    $4,758,170  
    $11,486,947 
  
    Accrued expenses 
     531,553  
     1,514,508 
  
    Current portion of operating lease obligations