Welcome to our dedicated page for Digital Ally SEC filings (Ticker: DGLY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kustom Entertainment, Inc. filings document the public-company transition from Digital Ally, Inc. to a live entertainment and digital ticketing issuer, together with legacy video solutions disclosures. The company's reports include material-event filings on its name change, ticker transition, reverse stock split, capital stock reduction, operating results and Nasdaq-listed common stock structure.
Regulatory filings also cover annual and quarterly reporting obligations, late-filing notices, material agreements, completed asset dispositions, executive compensation, stock option awards, board and governance matters, and risk disclosures tied to its entertainment, ticketing, healthcare and video-technology activities. These records provide the formal disclosure history for Kustom Entertainment's corporate structure, capital actions and operating segments.
Kustom Entertainment, Inc. amendment updates beneficial ownership for Yield Point NY LLC and Yisroel Ari Kluger. Each Reporting Person is reported as beneficially owning 41,581 shares, representing 7.32% of the 526,613 shares outstanding as of March 31, 2026, based on warrants exercisable into common stock. The cover notes the issuer effected 1-for-3 and 1-for-5 reverse stock splits on January 8, 2026 and April 22, 2026, respectively. Yield Point holds Warrants exercisable for up to 41,581 shares; Mr. Kluger holds the power to vote and dispose of those shares through his role as director of Yield Point and is reported as deemed beneficial owner under Rule 13d-3.
Kustom Entertainment, Inc. is implementing a 1-for-5 reverse stock split of its common stock and a proportional reduction in authorized shares. Every five pre-split shares convert into one post-split share, with fractional shares rounded up to the nearest whole share.
The reverse split and capital stock reduction took effect on April 22, 2026, with trading on the Nasdaq Capital Market beginning on a split-adjusted basis the same day under a new CUSIP. Outstanding common shares are reduced from 2,633,063 to 526,613, while authorized common shares decline from 66,666,666 to 13,333,333. The company states the split is intended to help meet Nasdaq’s minimum $1.00 bid price requirement.
Kustom Entertainment, Inc. has entered into a revised, non-binding Memorandum of Understanding with Cycurion, Inc. to sell Kustom’s legacy video solutions segment for an aggregate purchase price of $5,500,000, including a $1,250,000 cash down payment payable at closing.
The parties have moved into the final stage of the transaction and currently anticipate closing on or prior to June 30, 2026, subject to definitive documentation, customary closing conditions, and any required regulatory approvals. A 30-day no-shop exclusivity period is in place while they finalize an Asset Purchase Agreement.
Management describes the divestiture as a way for Kustom to focus on core growth initiatives in live event production and ticketing technology, while Cycurion views the acquisition as a cornerstone of its portfolio expansion and plans to integrate the camera and software solutions into its broader cybersecurity and AI offerings.
Kustom Entertainment, Inc. filed an 8-K furnishing its earnings release for the year ended December 31, 2025, highlighting sharply improved results and a strategic refocus on live entertainment and ticketing.
Revenue from continuing operations reached approximately $13.76 million, while net loss from continuing operations narrowed to about $5.96 million, an improvement of roughly $11.95 million from the prior year’s $17.90 million loss. SG&A expenses fell by $2.28 million to roughly $12.23 million, even after a one-time, non-cash $2.54 million goodwill and intangible impairment charge. Non-operating income increased by $11.44 million, driven by a $4.58 million favorable change in warrant derivative liabilities and a $2.72 million reduction in interest expense.
Total stockholders’ equity rose by $11.4 million and net working capital improved by $17.9 million. The company advanced its pivot away from legacy businesses by closing the sale of its loss-making medical billing revenue cycle management segment effective January 1, 2026, and signing a non-binding MOU to sell its legacy video solutions division to Cycurion, Inc. for an expected $6.0–$8.5 million. The release also notes Forbes Advisor recognition of TicketSmarter as a “Best Resale Site for Tickets” and announces the 30th anniversary Country Stampede festival lineup.
Kustom Entertainment, Inc. reports 2025 revenue of $13.8 million, up slightly from 2024, but the business remains deeply unprofitable. The Video Solutions segment generated $5.1 million of revenue and modest operating income of $0.5 million, while the Entertainment segment produced $8.7 million of revenue but a large operating loss of $7.1 million and a negative gross profit.
Company-wide gross profit fell to $1.3 million from $3.1 million, as cost of revenue rose to about 90% of sales. Total operating loss was $10.9 million, and the net loss from continuing and discontinued operations equaled about 54% of revenue. Management cut research, selling, and administrative spending and recorded $2.5 million of goodwill and intangible impairments.
The former Revenue Cycle Management segment was sold in January 2026 and is presented as discontinued operations. Also in January 2026, the company signed a non-binding MOU to explore selling its Video Solutions business to Cycurion for an indicated value of roughly $6.0–$8.5 million in cash and preferred equity, which is not yet reflected in the financials. As of December 31, 2025, Kustom employed about 30 people and reported total assets of $19.3 million.
Kustom Entertainment, Inc. notified the SEC that it could not timely file its Form 10-K for the period ended December 31, 2025 because auditors are still completing the audit. The company states it will file the annual report no later than fifteen (15) days after the original due date and signed the notification on March 31, 2026.
Kustom Entertainment, Inc. reported that Chairman, CEO and President Ross E. Stanton received a grant of employee stock options. On January 22, 2026, the board awarded him options to acquire 58,333 shares of common stock at an exercise price of $2.04 per share. The options were granted under the company’s 2022 Stock Option and Restricted Stock Plan and will vest fully on January 22, 2027, as long as he remains an officer on that date. The filing also notes that these figures reflect a reverse stock split that occurred on January 8, 2026.
KUSTOM ENTERTAINMENT, INC. reported that Chief Operating Officer Han Peng received a grant of employee stock options. On January 22, 2026, the board awarded options to acquire 58,333 shares of common stock at an exercise price of $2.04 per share under the 2022 Stock Option and Restricted Stock Plan. The filing notes a reverse stock split that occurred on January 8, 2026, and the table shows 22,500 options reported following the transaction. All of these options are scheduled to vest on January 22, 2027, if Peng remains an officer through that date.
Kustom Entertainment, Inc. reported that director Richie Leroy C acquired employee stock options in a Form 4/A filing. The main transaction shows a grant of 5,000 stock options on January 22, 2026, recorded at a price of $0.00 per option for reporting purposes.
A footnote explains that the Board awarded options to acquire 58,333 shares of common stock under the 2022 Stock Option and Restricted Stock Plan, with an exercise price of $2.04 per share, vesting on January 22, 2027 if he remains a director. Another footnote notes a reverse stock split effective January 8, 2026.
Kustom Entertainment director Daniel Duke Daughtery reported receiving an employee stock option grant on January 22, 2026 under the company’s 2022 Stock Option and Restricted Stock Plan. The options carry an exercise price of $2.04 per share and will fully vest on January 22, 2027, if he remains a director through that date.