---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032878"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:48:23.853484+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-032878
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315224032878/0001493152-24-032878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315224032878/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032878
- JSON: https://secwatch.observer/filing/0001493152-24-032878.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032878.txt

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