---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-017449"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:47:46.493221+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digital Ally Q1 revenue $7.7M, down 25% YoY; net loss $6.1M ($2.22/share)

## Summary
- Revenue $7.70M, down 25% from $10.29M; operating loss $6.17M vs $6.80M.
- Net loss $6.11M ($2.22/share) vs $6.60M ($2.59) in Q1 2022.
- Deferred revenue nearly doubled to $8.9M; SG&A down 12% to $7.72M.
- Entertainment segment service revenues fell 48%; healthcare contributed $1.78M.
- Recent: 1-for-20 reverse split in Feb 2023; regained Nasdaq compliance; $3M convertible notes issued.

## SEC filing metadata
- accession: 0001493152-23-017449
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/0001493152-23-017449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-017449
- JSON: https://secwatch.observer/filing/0001493152-23-017449.json
- Plain text: https://secwatch.observer/filing/0001493152-23-017449.txt

## Key facts
- Earnings Releases
  KUSTOM ENTERTAINMENT, INC. reported the three months ended March 31, 2023 results: revenue $7,697,190.
  - Period: the three months ended March 31, 2023
  - Revenue: $7,697,190
  - Result: reported results
  source text: Total revenues for the three months ended March 31, 2023 and 2022 were $7,697,190 and $10,294,781, respectively, a decrease of $2,597,591 (25%).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342958/000149315223017449/0001493152-23-017449-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.