DIGITAL ALLY, INC. (DGLY) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: January 12, 2026

Risk Assessment Details

Potential Dilution: 3117.96% of current shares
Recent Dilution: 4044.47% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
800K
Potential Supply
25M
Additional shares possible
Splits
3 Splits 3 Reverse
Past 2 years

Summary

DGLY currently has 801K outstanding shares. with significant dilution risk as 25M authorized shares could dilute existing holders by 3118.0%. The company has significantly diluted shareholders by 4044.47% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 3 stock splits (positive for accessibility) and 3 reverse splits (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jan 12, 2026

8-K filing: Digital Ally Healthcare, Inc., a wholly-owned subsidiary of Kustom Entertainment, Inc., sold all of its units of ownership interest in Nobility Healthcare to Nobility LLC for $1,450,000, consisting of Closing Funds and a promissory note. ($0.31M proceeds)

800K 25M
Jan 08, 2026
Stock Split

8-K filing: Stock split 1-for-3 | Outstanding: 1,898,436 → 801,006

800K 25M
Dec 22, 2025

8-K filing: Digital Ally, Inc. completed the subsequent closing of a private placement, issuing senior secured convertible notes and warrants for gross proceeds of $250,000.

1.9M 75M
Nov 26, 2025

S-1 filing: This prospectus relates to the offer and resale by the selling stockholder of up to 71,527,777 shares of common stock of Digital Ally, Inc.

1.9M 75M
Nov 26, 2025

S-1 filing: This prospectus relates to the offer and resale by the Selling Stockholder of up to 2,777,777 Shares underlying the Note and 619,409 Shares underlying the Warrant issued directly to the Selling Stockholder pursuant to the Purchase Agreement.

1.9M 3.4M
Sep 17, 2025

8-K filing: Digital Ally, Inc. entered into a Securities Purchase Agreement for Senior Secured Convertible Notes and a Common Stock Purchase Agreement for a committed equity financing facility.

1.7M 7.8K
Aug 18, 2025

10-Q filing | 1.7M shares outstanding

1.7M 7.8K
Jun 17, 2025

POS AM filing: Digital Ally, Inc. is registering shares of common stock issuable upon exercise of Series A and Series B Warrants that were previously sold in connection with a firm commitment, underwritten offering that closed on February 14, 2025.

1.7M 7.8K
May 22, 2025
Stock Split

8-K filing: Stock split 1-for-100 | Outstanding: 166,849,183 → 1,668,491

1.7M 48K
May 20, 2025

10-Q filing | 166.8M shares outstanding

170M 4.8M
May 06, 2025
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 115,601,371 → 5,780,068

5.8M 4.8M
May 02, 2025

10-K filing | 115.6M shares outstanding

120M 95M
Feb 19, 2025

8-K filing: Digital Ally, Inc. completed an offering of units and pre-funded units for gross proceeds of approximately $14.82 million before deducting underwriter's fees and expenses. ($14.91M proceeds)

9.6M 95M
Feb 11, 2025

S-1/A filing: Digital Ally, Inc. is offering 79,787,234 units, each Unit consisting of: (i) one share of common stock; (ii) one Series A Warrant to purchase one share of common stock; and (iii) one Series B Warrant to purchase one share of common stock, as well as 79,787,234 pre-funded units (the "Pre-Funded Units") to purchasers whose purchase of Units in this offering would otherwise result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the purchaser, 9.99%) of our outstanding common stock immediately following the consummation of this offering.

9.6M 95M
Feb 10, 2025

S-1/A filing: Digital Ally, Inc. intends to offer units consisting of common stock or pre-funded warrants, along with Series A and Series B warrants, to Aegis Capital Corp.

9.6M 95M
Feb 06, 2025

S-1/A filing: Digital Ally, Inc. is offering 79,787,234 units, each consisting of one share of common stock, one Series A Warrant, and one Series B Warrant, as well as 79,787,234 pre-funded units, each consisting of one pre-funded warrant, one Series A Warrant, and one Series B Warrant.

9.6M 95M
Jan 24, 2025

S-1 filing: Digital Ally, Inc. is offering units, pre-funded units, and warrants with common stock, Series A warrants, and Series B warrants, intending to use the proceeds for working capital, debt repayment, and general corporate purposes.

7.9M 16M
Jan 16, 2025

S-1/A filing: This S-1/A filing registers 808,377 shares of common stock for resale by selling stockholders, originally issued pursuant to a Securities Purchase Agreement dated November 6, 2024.

7.9M 16M
Dec 30, 2024

10-Q filing | 5.5M shares outstanding

5.5M 16M
Dec 30, 2024

S-1 filing: This S-1 filing relates to the offer and resale by selling stockholders of up to 808,377 shares of common stock of Digital Ally, Inc.

5.5M 16M
Dec 11, 2024

8-K filing: Digital Ally, Inc. amended its Securities Purchase Agreement with certain institutional investors to modify deadlines for a public offering and resale registration statement, and added a participation right for the purchasers in subsequent placements. ($3.0M proceeds)

3.9M 15M
Nov 15, 2024

8-K filing: Digital Ally, Inc. entered into a Secured Subsidiary Guarantee with TicketSmarter, Inc., Kustom 440 Inc., and Kustom Entertainment Inc. to guarantee obligations under senior secured promissory notes issued to certain institutional investors. ($3.0M proceeds)

3.9M 15M
Nov 07, 2024

8-K filing: Digital Ally, Inc. entered into a Securities Purchase Agreement to issue senior secured promissory notes and shares of common stock in a private placement transaction, closing on November 7, 2024. ($3.0M proceeds)

3.9M 15M
Aug 16, 2024

10-Q filing | 3.9M shares outstanding

3.9M 15M
Jul 24, 2024

S-1 filing: This S-1 filing relates to the offer and resale by selling stockholders of up to 11,952,191 shares of Digital Ally, Inc. common stock.

3.5M 15M
Jun 28, 2024

8-K filing: Digital Ally, Inc. closed a private placement on June 25, 2024, issuing 1,195,219 units at $2.51 per unit for gross proceeds of approximately $2.9 million. ($2.9M proceeds)

2.9M 2.8M
May 17, 2024

10-Q filing | 2.9M shares outstanding

2.9M 2.8M
Apr 01, 2024

10-K filing | 2.8M shares outstanding

2.8M 2.8M
Nov 14, 2023

10-Q filing | 2.8M shares outstanding

2.8M 2.8M
Aug 14, 2023

10-Q filing | 2.8M shares outstanding

2.8M 2.8M
May 17, 2023

POS AM filing: The Registration Statement relates to the proposed resale from time to time by the Selling Stockholders of an aggregate of 465,712 shares of Common Stock, issuable with respect to the exercise of warrants to purchase an aggregate of 465,712 shares of Common Stock, 200,000 shares of Common Stock, 100,000 shares of Common Stock, 94,000 shares of Common Stock, 100,000 shares of Common Stock, 120,000 shares of Common Stock and 96,000 shares of Common Stock.

2.8M 2.8M
May 17, 2023

POS AM filing: The Registration Statement relates to the registration for offering and sale from time to time by the Company of an indeterminate number of securities of the Company, with an initial aggregate offering price of up to $125,000,000: (A) shares of Common Stock, (B) warrants to purchase shares of Common Stock, (C) debt securities, (D) rights to purchase shares of Common Stock, and (E) units comprising shares of Common Stock and/or one or more of the other securities described above.

2.8M 2.8M
May 15, 2023

10-Q filing | 2.8M shares outstanding

2.8M 2.8M
May 08, 2023

S-3/A filing: This S-3/A filing, dated 2023-05-08, relates to the offering of up to 1,925,000 shares of common stock of Digital Ally, Inc. consisting of shares issuable upon conversion of Senior Secured Convertible Notes and upon exercise of common stock purchase warrants.

2.5M 2.8M
Apr 20, 2023

S-3 filing: Digital Ally, Inc. is offering up to 1,925,000 shares of common stock consisting of shares issuable upon conversion of senior secured convertible notes and shares issuable upon exercise of common stock purchase warrants by selling shareholders.

2.5M 2.8M
Apr 07, 2023

8-K filing: Digital Ally, Inc. entered into a Securities Purchase Agreement with certain investors, issuing $3,000,000 in Senior Secured Convertible Notes and warrants exercisable for 1,125,000 shares of common stock at various exercise prices, with gross proceeds to the company of $2,700,000.

2.5M 910K
Mar 31, 2023

10-K filing | 2.5M shares outstanding

2.5M 910K
Feb 14, 2023

RW filing: The company is withdrawing the registration statement because it no longer wishes to conduct a public offering of its securities at this time.

2.8M 910K
Feb 09, 2023

S-1/A filing: This S-1/A filing, dated 2023-02-09, details an offering of Units, Pre-Funded Units, Warrants and Pre-Funded Warrants for common stock, with the intention to use the proceeds for product development and general corporate purposes.

2.8M 3.6M
Feb 06, 2023
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 55,103,405 → 2,755,170

2.8M 910K
Jan 24, 2023

S-1 filing: This S-1 filing describes an offering of common stock, pre-funded warrants to purchase common stock, and warrants to purchase common stock. The company intends to use the net proceeds of this offering for new product development, general corporate purposes including legal and marketing matters, and other working capital purposes.

55M 18M
Nov 14, 2022

10-Q filing | 50.4M shares outstanding

50M 18M
Oct 19, 2022

8-K filing: Digital Ally, Inc. closed a private placement offering of Series A and Series B Convertible Redeemable Preferred Stock for gross proceeds of $15 million and intends to propose a reverse stock split to stockholders. ($15.0M proceeds)

49M 18M
Aug 23, 2022

8-K filing: Digital Ally, Inc. issued 6,075,000 shares of common stock in exchange for the cancellation of January 2021 Warrants, August 2021 Exchange Warrants, and August 2021 Replacement Warrants.

49M 18M
Aug 15, 2022

10-Q filing | 48.7M shares outstanding

49M 18M
May 20, 2022

10-Q filing | 50.9M shares outstanding

51M 18M
Apr 15, 2022

10-K filing | 50.2M shares outstanding

50M 18M
Nov 19, 2021

10-Q filing | 51.8M shares outstanding

52M 18M
Sep 09, 2021

8-K filing: Digital Ally, Inc. acquired TicketSmarter, LLC through its subsidiary Digital TicketSmarter for approximately $14.1 million, including cash and shares of common stock, and issued restricted shares to Jeffrey and Michael Goodman as part of their employment agreements.

52M 18M
Aug 24, 2021

S-3 filing: This prospectus relates to the offer and resale of (i) warrants (the "Warrants") to purchase up to 7,681,540 shares of common stock and (ii) an aggregate of 7,681,540 shares of Common Stock issuable upon exercise of the "Warrants at an exercise price of $3.25 per share.

52M 18M
Aug 19, 2021

8-K filing: Digital Ally, Inc. completed a registered direct offering on January 27, 2021, raising approximately $40,040,000 in gross proceeds through the issuance of common stock and pre-funded warrants. On August 19, 2021, the Company entered into a Warrant Exchange Agreement to cancel and replace existing warrants. ($80.08M proceeds)

52M 2.8M
Aug 18, 2021

10-Q filing | 51.5M shares outstanding

52M 36M
May 17, 2021

10-Q filing | 51.5M shares outstanding

52M 36M
Mar 31, 2021

10-K filing | 51.5M shares outstanding

52M 36M
Feb 03, 2021

8-K filing: Digital Ally, Inc. closed a registered direct offering of 3,250,000 shares of common stock, pre-funded warrants to purchase up to 11,050,000 shares, and warrants to purchase up to 14,300,000 shares, receiving gross proceeds of approximately $40,040,000. ($40.04M proceeds)

27M 36M
Jan 28, 2021

8-K filing: Digital Ally, Inc. entered into a securities purchase agreement with two investors for the offering of 3,250,000 shares of common stock, pre-funded warrants to purchase up to 11,050,000 shares of common stock, and common stock purchase warrants to purchase up to 14,300,000 shares of common stock for an aggregate purchase price of approximately $40,040,000. ($40.03M proceeds)

27M 36M
Jan 15, 2021

8-K filing: Digital Ally, Inc. closed a registered direct offering of 2,800,000 shares of common stock and warrants to purchase up to an aggregate of 10,000,000 shares of Common Stock, and pre-funded warrants to purchase up to 7,200,000 shares. ($30.95M proceeds)

27M 36M
Jan 12, 2021

8-K filing: Digital Ally, Inc. entered into a securities purchase agreement for the offering of 2,800,000 shares of common stock, pre-funded warrants to purchase up to 7,200,000 shares of common stock, and common stock purchase warrants to purchase up to 10,000,000 shares of common stock. ($30.9M proceeds)

27M 36M
Nov 12, 2020

10-Q filing | 26.8M shares outstanding

27M 36M
Aug 13, 2020

10-Q filing | 26.6M shares outstanding

27M 36M
Jul 02, 2020

POS AM filing: Digital Ally, Inc. is filing a Post-Effective Amendment to withdraw and remove from registration the unissued and unsold securities issuable pursuant to the Registration Statement on Form S-3 (No. 333-225227).

27M 36M
Jun 25, 2020

S-3 filing: Digital Ally, Inc. may offer and sell, from time to time in one or more offerings, any combination of common stock, debt securities, debt securities convertible into Common Stock or other securities in any combination thereof, rights to purchase shares of Common Stock or other securities in any combination thereof, warrants to purchase shares of Common Stock or other securities in any combination thereof or units consisting of Common Stock or other securities in any combination thereof having an aggregate initial offering price not exceeding $125,000,000.

27M 36M
Jun 16, 2020

8-K filing: Digital Ally, Inc. closed a public offering of 2,325,581 shares of common stock at $2.15 per share, and the underwriters fully exercised their over-allotment option to acquire an additional 213,953 shares at the same price. ($5.46M proceeds)

16M 2.8M
Jun 09, 2020

8-K filing: Digital Ally, Inc. entered into an underwriting agreement with Aegis Capital Corp. for the sale of 2,235,581 shares of common stock at a price of $2.15 per share, with an option for the underwriters to purchase an additional 213,953 shares.

16M 2.8M
Jun 09, 2020

8-K filing: Digital Ally, Inc. consummated an underwritten public offering of 3,090,909 shares of common stock at $1.65 per share and the underwriters fully exercised their over-allotment option to acquire an additional 463,636 shares at $1.65 per share, resulting in gross proceeds of $764,999.40. ($0.76M proceeds)

16M 2.8M
Jun 08, 2020

RW filing: The Registrant has determined not to pursue the public offering to which the Registration Statement relates at this time and requests that the Commission consent to this application.

16M 2.8M
Jun 04, 2020

8-K filing: Digital Ally, Inc. consummated an underwritten public offering of 3,090,909 shares of common stock at a public offering price of $1.65 per share, resulting in gross proceeds of approximately $5.1 million. ($5.1M proceeds)

16M 2.8M
May 22, 2020

S-1 filing: Digital Ally, Inc. is offering shares of our common stock, together with warrants to purchase up to shares of our Common Stock, at an aggregate public offering price of $ per share of Common Stock and accompanying Warrant (and the shares of Common Stock that are issuable from time to time upon exercise of the Warrants).

16M 2.8M
May 20, 2020

10-Q filing | 16.1M shares outstanding

16M 2.8M
May 06, 2020

S-1 filing: This S-1 filing includes the offering of 2,784,427 shares of Common Stock by the Selling Stockholders, consisting of shares underlying the Notes and Warrants. The company will not receive any proceeds from the sale of these shares.

16M 2.8M
Apr 20, 2020

8-K filing: Digital Ally, Inc. entered into a securities purchase agreement with accredited investors for the issuance of convertible notes and warrants, resulting in the potential issuance of 1,650,164 shares upon conversion and up to 1,237,624 shares upon warrant exercise, with the closing occurring simultaneously with the agreement's execution. ($1.5M proceeds)

16M 0
Apr 06, 2020

10-K filing | 16.0M shares outstanding

16M 0
Mar 03, 2020

8-K filing: Digital Ally, Inc. consummated an underwritten public offering of 2,521,740 shares of common stock at a price of $1.15 per share, resulting in gross proceeds of approximately $2.9 million. ($2.9M proceeds)

13M 0
Feb 14, 2020

RW filing: Digital Ally, Inc. has determined not to pursue the public offering and requests that the Commission consent to the withdrawal of the Registration Statement.

13M 0
Feb 12, 2020

S-1/A filing: Digital Ally, Inc. is offering up to 7,692,308 Class A Units consisting of shares of Common Stock and Common Stock Purchase Warrants and up to 7,692,308 Class B Units consisting of Pre-funded Warrants and Common Stock Purchase Warrants.

13M 15M
Feb 07, 2020

S-1/A filing: Digital Ally, Inc. is offering up to $8,000,000 of Class A Units, with each Class A Unit consisting of one share of common stock and one Common Stock purchase warrant and Class B Units consisting of Pre-funded Warrants (and shares of Common Stock underlying the Pre-funded Warrants) and Common Stock Purchase Warrants.

13M 0
Jan 21, 2020

S-1 filing: Digital Ally, Inc. is offering Class A Units, with each Class A Unit consisting of one share of common stock and one common stock purchase warrant, and Class B Units consisting of one Pre-funded Warrant and one common stock purchase warrant.

13M 0
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