Here are the 10-Q quarterly reports from Digital Ally, Inc. (DGLY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DGLY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DGLY filings page.
Digital Ally, Inc. (DGLY) filed its Q3 2025 report, showing modest top-line growth but continued losses. Q3 revenue was $4.54 million (up from $4.05 million), as service and other revenue rose to $3.87 million while product revenue fell to $0.66 million. Gross profit was $1.37 million, and the company reported an operating loss of $1.12 million, a marked improvement versus the prior-year quarter that included a $4.83 million impairment.
Net loss attributable to common stockholders for Q3 was $1.02 million, versus $3.47 million a year ago. For the nine months, revenue totaled $14.64 million and operating loss was $6.19 million. Cash was $793,360 at September 30, 2025. Current liabilities dropped to $9.80 million from $29.73 million at year-end, helped by lower accounts payable, reduced debt due within a year, and a decline in warrant derivative liabilities to $1,116.
The company executed reverse stock splits of 1-for-20 on May 6, 2025 and 1-for-100 on May 22, 2025. Financing activities in 2025 included $14.31 million net proceeds from a February public equity offering with warrants and $610,000 from September senior secured convertible notes. Shares outstanding were 1,898,436 as of November 12, 2025.
Digital Ally, Inc. (DGLY) reported a quarter marked by corporate restructurings, financings and continued operating losses. Management completed two reverse stock splits (1-for-20 effective May 6, 2025 and 1-for-100 effective May 22, 2025) and adjusted historical share amounts accordingly. The company raised approximately $14.3 million in a February 2025 underwritten public offering and used proceeds to repay debt, pay accounts payable and fund operations. Liquidity improved: working capital moved to a positive $119,506 and stockholders' equity to $8,151,705 from deficits at year-end 2024. However, the company recorded an accumulated deficit of $137.8 million, reported net cash used in operating activities of $8.64 million for the six months ended June 30, 2025, and continues to disclose substantial doubt about its ability to continue as a going concern. The period included non-cash goodwill impairment charges recorded in 2024 and ongoing fair-value remeasurements of warrant derivative liabilities. Nasdaq notified the company of listing-compliance conditions including minimum bid price and filing and disclosure deadlines with potential delisting if not resolved.