Kustom Entertainment Inc (NASDAQ: KUST) is a technology and live entertainment company that operates two business segments: a video solutions segment selling body-worn cameras and in-car digital video systems to law enforcement and commercial fleet customers, and an entertainment segment running TicketSmarter.com, an online ticket resale marketplace, alongside Kustom 440, a live event production and promotion business. Revenue comes from hardware sales of video recording products, cloud-based software subscription services, ticket inventory resale, and transaction service fees collected on the TicketSmarter platform. The company was formerly known as Digital Ally, Inc. and changed its name to Kustom Entertainment, Inc. on January 8, 2026, while retaining the KUST ticker on the Nasdaq Capital Market. For the year ended December 31, 2025, the Video Solutions segment generated $1.18M in product revenue, down from $2.0M in FY2024, while the Entertainment segment generated $3.15M in product revenue, down from $3.41M in FY2024. The Revenue Cycle Management segment, operated through Nobility Healthcare, was sold on January 8, 2026, and is classified as discontinued operations.

Revenue model

Transactional and subscription mix across two segments. Video Solutions earns revenue from hardware sales of cameras and in-car systems plus cloud-based evidence management services (EVO Web Portal, FleetVu Manager). Entertainment earns revenue from ticket inventory resale to consumers via TicketSmarter.com and service fees collected per transaction on the marketplace; Kustom 440 generates revenue from end-to-end event production and promotion services at third-party venues.

Products and services

Video Solutions: EVO-HD, DVM-800, DVM-800 Lite (in-car digital video systems); FirstVu Pro, FirstVu II, FirstVu HD (body-worn cameras); VuLink (patented hands-free automatic activation system integrating body-worn and in-car cameras); QuickVu 8 and QuickVu 24 docking stations; EVO Web Portal (cloud-based evidence management for law enforcement); EVO Fleet, FLT-250, DVM-250, DVM-250 Plus (commercial fleet event recorders); FleetVu and FleetVu Manager (cloud-based fleet management and driver safety platform). Entertainment: TicketSmarter.com (online ticket resale marketplace with over 48 million tickets across more than 125,000 live events as of the 10-K filed 2026-04-13); Kustom 440 (live music, sports, and private event production and promotion, established late 2022).

Customers and end markets

Law enforcement agencies (primary buyers of body-worn cameras and in-car video systems); private and event security operators; commercial fleet and mass transit operators; consumers purchasing tickets for sports, concerts, and theatre events nationwide; collegiate athletic conferences (TicketSmarter serves as official ticket resale partner for more than 35 collegiate conferences and over 300 universities as of the 10-K filed 2026-04-13); venues and events across the United States.

Value-chain role

Manufacturer and software provider in the video surveillance supply chain, selling directly to law enforcement and commercial fleet operators. In live entertainment, acts as a secondary ticket marketplace (aggregator and reseller) and as an end-to-end event producer handling artist booking, ticketing, staging, and vendor sourcing through Kustom 440.

Geographic exposure

United States. The filing describes TicketSmarter as a national ticketing marketplace and Kustom 440 as operating at third-party venues across the country. Video Solutions patent filings cover the United States and certain other countries, but no international revenue breakdown is disclosed in the excerpts.

Competitors

Independent and regional festival production companies, Large-scale national concert production firms, Established venue operators

Source: SEC 10-K, filed 2026-04-13

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