Digital Ally Inc. has reported its financial results for the first quarter of 2025, showcasing significant improvements in various financial metrics. The company, which specializes in developing, manufacturing, and marketing advanced video recording and safety products, reported a decrease in total revenue by 19% to $4.4 million compared to $5.5 million in the first quarter of 2024. Despite the decline in revenue, the gross profit margin expanded to 35.8% from 27.6% in the same period the previous year. A notable improvement was observed in the net income attributable to common stockholders, which rose to $4.3 million, equating to $1.41 per diluted share. This is in contrast to a net loss of $3.9 million, or $27.48 per share, recorded in the first quarter of 2024. The company also reported non-operating gains of $5.2 million, marking an improvement of $5.5 million from the previous year. Digital Ally's operating loss stood at $974,680, which is an improvement of $2.7 million or 73.2% compared to the first quarter of 2024. Furthermore, selling, general and administrative expenses declined by 50.1% from the year-earlier levels. The company's total working capital improved to a positive $3.4 million as of March 31, 2025, from a deficit of $19.4 million as of December 31, 2024. Total stockholders' equity also showed a positive shift, reaching $11.6 million compared to a deficit of $9 million at the end of 2024. Additionally, Digital Ally completed a $14.3 million public equity offering in the first quarter of 2025, enhancing its liquidity and surpassing the minimum equity threshold required for continued listing on The Nasdaq Capital Market.