User-700991
2 months ago
Net Loss first 6 months $1.74 per share, lost more than the share price???? and just forced to sell the head office??? so no assets
Net losses attributable to common stockholders for the six months ended June 30, 2024 and 2023 were $5,083,861, or $1.74 per share, and $9,014,882, or $3.12 per share, respectively. No income tax provision or benefit was recorded in either 2024 or 2023 as the Company has maintained a full valuation reserve on its deferred tax assets.
User-700991
2 months ago
Total revenues - a deterioration of $2,663,397 (32%).
Total revenues decreased during the three months ended June 30, 2024 to $5,616,235 from $8,279,632 during the three months ended June 30, 2023 a deterioration of $2,663,397 (32%).
User-700991
2 months ago
Q2 out - gross profits a down 91% $2,494,648
Overall gross profits for the three months ended June 30, 2024 were $242,392, a decrease of $2,494,648, or (91%), as compared to $2,737,040 for the three months ended June 30, 2023
User-700991
2 months ago
Closed 1.01, wow, Q2 earnings loss will be very important, next week, if they file or delay
Just look at AXON and how well they are doing, up $65 a share this week
Axon reports Q2 2024 revenue of $504 million, up 35% year over year, raises outlook
Surely Ross has done the same to DGLY
User-700991
4 months ago
Digital Ally Announces Pricing of approximately $2.9 million Private Placement
Expected annual dilution, dunny the stock fell the past week before this came out, like someone knew and got out
In connection with the private placement, the Company is planning to issue an aggregate of 1,195,219 units. Each unit will be sold at an effective unit price of $2.51 per unit and will consist of one share of common stock (or one pre-funded warrant in lieu thereof)
User-700991
5 months ago
2024 Q1 earnings out - Revenues dropped 36%
Product revenues for the three months ended March 31, 2024 and 2023 were $1,565,846 and $2,453,810 respectively, an decrease of $887,964 (36%), due to the following factors:
Even the video segment is failing fast
The Companyโs video segment operating segment generated revenues totaling $721,188 during the three months ended March 31, 2024 compared to $1,193,021 for the three months ended March 31, 2023. In general, our video solutions operating segment has experienced pressure on its product revenues as our in-car and body-worn systems are facing increased competition because our competitors have released new products with advanced features. Additionally, our law enforcement revenues declined compared to the same period in 2023 due to price-cutting and competitive actions by our competitors, adverse marketplace effects related to our patent litigation proceedings and our recent financial condition.
User-700991
6 months ago
Q4 earnings out, loss $7,484,778, EVERY segment is showing a DECLINE from 2022
Video Solutions 2023 - $7,471,285 and 2022 - $8,252,288
Revenue Cycle Management 2023 - 6,713,678 and 2022 - 7,886,107
Entertainment 2023 - 14,063,381 and 2022 -20,871,500
it's just getting WORSE AND WORSE and WORSE
as management gives themselves a bonus each and every year
User-700991
7 months ago
WOW dgly borrowed 3 mill for 1.58% A MONTH, that's like 20% interest rates
This company is so DESPERATE and out of cash, and keeps losing tens of millions every year
The Note bears interest at a rate of 1.58% per month.
Pursuant to the Note, the Borrowers shall repay the Note, in full, on the earlier of (i) November 1, 2024, and (ii) the consummation of the merger between Kustom Entertainment and CL Merger Sub, Inc. (โCL Merger Subโ) pursuant to the Merger Agreement among the Company, Kustom Entertainment, Clover Leaf Capital Corp., Yntegra Capital Investments LLC and CL Merger Sub, dated as of June 1, 2023 (the โMaturity Dateโ). The Borrowers shall pay in arrears in cash an amount equal to 50% of revenues from all ticket sales generated by Kustom Entertainment, up nine thousand tickets sold, and thereafter equal to 10% of all revenues from all ticket sales until the earlier of the date on which the Note is repaid in full or the Maturity Date. The Note bears interest at a rate of 1.58% per month. The Borrowers have the right, but not the obligation, under the Note to prepay the Note, upon written notice to the Purchaser, by payment in full of the entire outstanding principal balance plus interest. Upon a change of control of either Borrower or a sale or all or substantially all of either Borrowerโs assets, the Purchaser may require the Borrowers to repay the Note, upon written notice to the Borrowers, by payment in full of the entire outstanding principal balance plus interest. In addition, upon the receipt of proceeds from any financing or extraordinary receipts, the Borrowers are required to repay the Note as follows: (A) if the aggregate proceeds of all such financings and extraordinary receipts are less than $3,000,000, the Borrowers shall prepay an amount equaling to 50% of the outstanding principal of the Note, and (B) if the aggregate proceeds of all such financings and extraordinary receipts are equal to or greater than $3,000,000, the Borrowers shall prepay the Note in full.
User-700991
11 months ago
Q3 Wow REV down 25%, loses way up - it's getting WORSE every day
No wonder the share price is down 60% the past year
Total revenues for the three months ended September 30, 2023 were $6,337,699, a decrease of $2,146,454, or (25%), as compared to $8,484,153 for the three months ended September 30, 2022. Overall product revenues were $2,095,237 for the three months ended September 30, 2023, a decrease of $967,136, or (32%), as compared to $3,062,373 for the three months ended September 30, 2022.
User-700991
1 year ago
Q1 2023 - revenues decrease of $2,597,591 (25%).
Total revenues for the three months ended March 31, 2023 and 2022 were $7,697,190 and $10,294,781, respectively, a decrease of $2,597,591 (25%).
User-700991
1 year ago
Q1 2023 - Loss of $6,105,818, or $2.22 per share
We reported a net loss attributable to common stockholders of $6,105,818, or $2.22 per share, and $6,600,148, or $2.59 per share
User-700991
1 year ago
DGLY issuing 2 million shares or more
Out of cash again???
Attending conferences to sell shares not product???
Up to 1,925,000 Shares of Common Stock
Consisting of
Up to 800,000 Shares of Common Stock Issuable Upon Conversion of Senior Secured Convertible Notes
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 1 Common Stock Purchase Warrants
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 2 Common Stock Purchase Warrants
Up to 375,000 Shares of Common Stock Issuable Upon Exercise of Tranche 3 Common Stock Purchase Warrants