Kustom Entertainment, Inc. reports developments in live event production, ticketing technology, and its transition from Digital Ally to a focused entertainment platform. Company news centers on TicketSmarter, Country Stampede, event programming, financial results, strategic communications, and capital actions such as its completed reverse stock split.
Updates also address the company's legacy video solutions business under the Digital Ally brand, including FirstVu Pro body-worn camera subscription activity, while broader corporate announcements describe non-core asset divestitures, operating focus, and Nasdaq-listed common stock matters.
Kustom Entertainment (NASDAQ: KUST) reported fiscal 2025 results with a significant improvement in net loss and balance sheet metrics. Total revenue from continuing operations rose to $13.755 million, SG&A improved by $2.275 million, and net loss improved by $11.945 million to $5.955 million. The company closed the sale of its RCM business effective Jan 1, 2026 and entered a non-binding MOU to sell legacy video solutions for an expected $6.0–$8.5 million. TicketSmarter received Forbes recognition, and the company outlined the 2026 Country Stampede lineup for June 25–27, 2026.
Kustom Entertainment (Nasdaq: KUST) announced a three-year subscription order under its Digital Ally brand with a premier Kansas City health system on March 3, 2026. The initial deployment includes 68 FirstVu Pro body cameras and 9 docking systems plus a cloud-based service subscription.
The health system operates 24 hospitals, employs nearly 48,000 people and reports over $12 billion annual revenue; Kustom says the project could expand across the combined system as security protocols standardize.
Kustom Entertainment (Nasdaq: KUST) said its subsidiary TicketSmarter was named one of the 10 Best Ticket Resale Sites of 2026 by Forbes Advisor on February 6, 2026, highlighting pricing transparency, buyer protections, and low seller commissions.
The company reaffirmed its strategic pivot to a pure-play live events and proprietary ticketing model, noted completion of the divestiture of its revenue-cycle management business, and disclosed a non-binding MOU to divest its video solutions division.
Kustom Entertainment (NASDAQ: KUST) entered a non-binding Memorandum of Understanding with Cycurion (NASDAQ: CYCU) to divest its video solutions division, aligning the company around live event production and online ticketing. The parties estimate the transaction value at $6.0 million to $8.5 million, with $1.0M–$1.4M in cash and the remainder paid in Cycurion preferred stock. The deal is subject to customary closing conditions and final negotiation.
Kustom says the divestiture will provide immediate liquidity, potential long-term equity upside, and support expansion of its live-event and ticketing strategy leveraging the 30th anniversary of the Country Stampede Music Festival in 2026.
Kustom Entertainment (Nasdaq: KUST) completed the sale of its 51% stake in Nobility Healthcare on January 8, 2026, for estimated total proceeds of $1.45 million to the 49% minority owner. Proceeds comprised $100,000 cash, $209,501 of debt and working capital credits, and a $1,140,499 promissory note at 6% with quarterly payments beginning July 2026 and certain earn-outs. The company is reallocating resources to scale its live event production and proprietary online ticketing platform, centered on the Country Stampede Music Festival (June 25–27, 2026).