Company: DGLY
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011765
Chunk: 73

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 mass transit markets. We
have the ability to integrate electronic, radio, computer, mechanical, and multi-media technologies to create positive solutions to our
customers’ requests. Our products include: the EVO-HD, DVM-800 and DVM-800 Lite, which are in-car digital video systems for law
enforcement and commercial markets; the FirstVU body-worn camera line, consisting of the FirstVu Pro, FirstVu, and the FirstVU HD; our
patented and revolutionary VuLink product integrates our body-worn cameras with our in-car systems by providing hands-free automatic activation
for both law enforcement and commercial markets; EVO Web Portal, which is our cloud-based evidence management system for Law enforcement
and commercial market; the EVO Fleet, FLT-250, DVM-250, and DVM-250 Plus, which are our commercial line of digital video products that
serve as “event recorders” for the commercial fleet and mass transit markets; and FleetVu and VuLink, which are our cloud-based
evidence management systems. We further diversified and broadened our product offerings in 2020, by introducing two new lines of branded
products: (1) the ThermoVu™ which is a line of self-contained temperature monitoring stations that provides alerts and controls
facility access when an individual’s temperature exceeds a pre-set threshold and (2) our Shield™ disinfectants and cleansers
which are for use against viruses and bacteria.

Our video solutions segment revenue
encompasses video recording products and services for our law enforcement and commercial customers and the sale of Shield disinfectant
and personal protective products. This segment generates revenues through our subscription models offering cloud and warranty solutions,
and hardware sales for video and personal protective safety products and solutions. Revenues for product sales are recognized upon delivery
of the product, and revenues from our cloud and warranty subscription plans are deferred over the term of the subscription, typically
3 or 5 years.

Revenue Cycle Management Operating
Segment – We entered the revenue cycle management business late in the second quarter of 2021 with the formation of our wholly
owned subsidiary, Digital Ally Healthcare, Inc., and its majority-owned subsidiary Nobility Healthcare. Nobility Healthcare completed
its first acquisition in June 2021, when it acquired a private medical billing company, and has since completed three additional acquisitions
of private medical billing companies, in which we will assist in providing working capital and back-office services to healthcare organizations
throughout the country.