KUST

#4867
Kustom Entertainment, Inc. - Common Stock
0.9 2 USD
+0.05%
Market Price
Sector: Communication Services
Base: USD
Profit Currency: USD
Daily Range
0.92
0.92
Year Range
0.49
4.48
Daily Change
+4.55%
Monthly Change
-22.03%
6 month change
-19.30%
Year Change
-64.48%
Previous Close
0.8 8
Open
0.9 2
Low
0.9 2
High
0.9 2
Volume
2
Open full chart

Financials

Overview Statement Statistics Documents

2026

Current report, 31 Aug 2026
KUSTOM ENTERTAINMENT, INC. current report, 31 August 2026
8-K
Current report, Q3 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
KUSTOM ENTERTAINMENT, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
KUSTOM ENTERTAINMENT, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
KUSTOM ENTERTAINMENT, INC. quarterly report, Q1 FY2026
10-Q

KUSTOM ENTERTAINMENT, INC. current report, 31 December 2015

Full document

Business Context and Reporting Period

This Form 8-K Current Report was filed by Digital Ally, Inc. (not Kustom Entertainment, Inc.) on January 5, 2016, reporting events effective December 31, 2015. The filing addresses Item 5.02 regarding the appointment of certain officers and their compensatory arrangements.

Key Financial Metrics

The filing does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on executive compensation adjustments.

Material Changes Versus Prior Period

  • Base Salary Increase: The annual base salaries for CEO Stanton E. Ross and CFO Thomas J. Heckman were increased from $175,000 to $220,000 each, effective January 1, 2016.
  • Bonus Structure: New performance-based bonus targets were established for 2016: up to $350,000 for the CEO and up to $250,000 for the CFO.
  • Equity Awards: Each executive received an award of 35,000 shares of restricted common stock effective January 4, 2016, with vesting scheduled in two equal tranches on January 3, 2017, and January 3, 2018.

Guidance, Outlook, and Risks

Performance Conditions: A significant portion of the bonus structure is contingent on financial performance. Specifically, $150,000 of each executive's bonus is tied to general performance evaluation, while the remaining balance is contingent on the Company achieving positive adjusted EBITDA for one quarter in 2016.

Equity Vesting Risk: The restricted stock awards are subject to continued employment; if an executive is not an officer on the vesting dates, the shares will not vest.

Important Facts for Investor Verification

  • Verify the company's ability to achieve positive adjusted EBITDA in 2016 to unlock the remaining bonus potential for executives.
  • Confirm the total number of shares authorized for issuance under the new equity awards (up to 100,000 shares per executive) versus the initial grant of 35,000 shares.
  • Note that the filing explicitly states the information is not deemed "filed" for purposes of Section 18 of the Exchange Act unless specifically referenced in other filings.