Digital Ally Inc (DGLY) 시세

the "business combination " seems to be struggling, like it might fail

DGLY...$1.04...Huge short interest ...Watching for a spike...🥳

So dgly has no collateral, no cash or equivalents, no head office (then rent it now), and loses 5-6 million every quarter - 20-30 million loses a year

and to top if off, sales are falling

you do the math

paid to churn??? odd trading, like someone is paid to buy and then sell right away, just to fake the volume and interest????

Short volume over 25 million shares on Tuesday this past week. 90 million volume + 3 million the following day, so someone is holding a lot of fake shares, those will have to settle up soon.

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.

Q2 net loss (5,083,861)

So basically they lost 5 million and just LOST the HEADQUARTERS to bad debt

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%).

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

Dgly failed to filed earnings and delayed again
What a failure
What a great short

A lot of churning going on, where the buys and sells are exactly the same

Aka pump n dump scam

Traded 28 times the float

DGLY..................................https://stockcharts.com/h-sc/ui?s=DGLY&p=W&b=5&g=0&id=p86431144783

Sad how incompetent management is at DGLY
For years the management has been failing with massive losses every quarter

Now Ross is abandoning ship to go ruin another comoany
His leaving might be the best thing though

DGLY new 52 week low

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

Digital Ally must sell Lenexa HQ to pay off note

So basically they will get little to no money from the sale
What a Failure, now he's moving on to the next Failure

DGLY sold their offices for 5.9 million and now have to lease them back, costing forever

Look at the math, this company loses 4-6 million every quarter
So the money will be gone in 3 months or so

Bankruptcy and Delisting for Ross soon, but he's already LEFT the Building

88 cents soon
A famous quote from before the 20 for 1 reverse split
What a mismanaged failure of a company

DGLY new 52 week low

DGLY new 52 week low

DGLY new 52 week low

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)

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 Company’s 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.

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

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. (“CL Merger Sub”) 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 “Maturity Date”). 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 Borrower’s 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.

if a stock falls 66% in the year, should management get a bonus??????

DGLY attending MJBizCon: Marijuana Conference and Cannabis Conference

Wow has this company fallen to new lows
Seems more like a party for execs at shareholders expense

Will $2 hold or fail

So far in 2023 DGLY has lost $6.55 per share, one more quarter to go

AXON won, DGLY camera sales DOWN in Q3 2023

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.

Headed to penny stock terrirory, I was right all along

Sales are falling, they stopped reporting by business unit, so we don't know where
Interesting
January this was $6 after the split, cash and time are running out

DGLY Notable price drop since January 37% price decline
Bad management, how much will the earnings loss be this quarter 5-6-7-8 million

Tell that to my broker that did a 1/20 reverse split on my shares.

I2000

No company split, in two, camera business and kustom entertainment

They did a 1/20 split back in February 2023.

I2000

Where’s the company split
Or did they change their minds???
Was it all a pr play to pump the price

DGLY news https://finance.yahoo.com/news/kustom-entertainment-inc-enters-business-125500204.html

https://finviz.com/quote.ashx?t=DGLY&ty=c&ta=1&p=d

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%).

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

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

DGLY NOT the market leader in anything

15.5% drop in camera business
lost 9 million in Q4

and lost almost 30 million in 2022
and the stock price is failing

do execs deserve their bonus?????????

Video Solutions bus down 15.5% in 2022

So if the video business is down 15.5% in 2022, and AXON is WAY up
What does that say

3 million in cash left, losing 9 million a quarter (and that was at the end of 2022, it's 3 months later now)

2022 dgly LOST $8.50 per share = It's getting WORSE
and management is proud????

Q4 lose alone was over 9 million

It's getting WORSE

Now trading at 19.5 cents, reverse split adjusted
I wonder if the earnings will be a 7 million or 8 million loss or more
Dgly management a total failure

Mgmt - when are earnings and the split - please update us shareholders
or will it be late again

Reason up - for now DGLY not offering more shares???
So the company is out of cash, what games will they continue to play

On January 24, 2023, Digital Ally, Inc. (the “Company”) initially filed a Registration Statement on Form S-1 (File No. 333-269392) (together with the exhibits and amendments thereto, the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “Commission”).

Pursuant to Rule 477 under the Securities Act of 1933, as amended (the “Securities Act”), the Company hereby requests that the Commission consent to the withdrawal of the Registration Statement effective as of the date hereof.