Digital Ally Q2 2024 revenue down 32% YoY; gross profit plunges 91%

KUSTOM ENTERTAINMENT, INC.

2024-Q2 EPS reported -$3.12 revenue$11,145,586

Total revenue $5.6M, down 32% from $8.3M; entertainment segment revenue down 47% to $2.5M.
Overall gross profit $242K, down 91% from $2.7M; entertainment segment posted gross loss of $647K.
Operating loss improved 21% to $3.9M from $4.9M; net loss per share $1.74 vs $3.12 for first half.
Sold Lenexa office building on Aug 12, 2024; amended note with $100K/month payment and potential penalties.
Kustom Entertainment business combination with Clover Leaf SPAC registration effective July 30, 2024.

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