Exhibit 21
Subsidiaries of the Registrant
Public Subsidiaries
| 1. | The Singing Machine Company, Inc., a Delaware corporation |
| a. | Singing Machine (HK) Limited, a Hong Kong company |
| b. | SMC (Comercial Offshore De Macau) Limitada, a Macau offshore company |
| c. | SMC Logistics, Inc., a California corporation |
| d. | SMC Music, Inc., a Florida corporation |
| 2. | Imperalis Holding Corp., a Nevada corporation |
| a. | Digital Power Corporation, a Delaware corporation |
| b. | TOG Technologies, a Nevada corporation |
| 3. | Giga-tronics Incorporated, a California corporation |
| a. | Gresham Holdings, Inc. (f/k/a Gresham Worldwide, Inc.), a Delaware corporation |
| b. | Microsource, Inc., a California corporation |
| c. | Microphase Corporation, a Delaware corporation |
| d. | Gresham Power Electronics Ltd. (f/k/a/ Digital Power Limited), a company organized under the laws of England and Wales |
| e. | Enertec Systems 2001 Ltd., an Israeli corporation |
| f. | Relec Electronics Ltd., a company organized under the laws of England and Wales |
| 4. | BitNile Metaverse, Inc., a Nevada corporation |
| a. | Bitnile.com, Inc., a Nevada corporation |
| b. | Ault Iconic, Inc., a Nevada corporation |
| c. | Agora Digital Holdings, Inc., a Nevada corporation |
| d. | Zest Labs, Inc., a Nevada corporation |
| e. | Wolf Energy Services, Inc., a Florida corporation |
| f. | White River Energy Corp., a Nevada corporation |
| 5. | Ault Disruptive Technologies Corp., a Delaware corporation |
Private Subsidiaries
| 1. | Ault Lending, LLC, a California limited liability company |
| 2. | Ault Alpha LP, a Delaware limited partnership |
| 3. | BitNile, Inc., a Nevada corporation |
| 4. | Ault Disruptive Technologies Company, LLC, a Delaware limited liability company |
| 5. | Tabard Holdings Inc., a Delaware corporation |
| 6. | 456 Lux Hotel NYC, LLC, a Delaware limited liability company |
| 7. | Alliance Cloud Services, LLC, a Delaware limited liability company |
| 8. | Ault Global Real Estate Equities, Inc., a Nevada corporation |
| 9. | Ault Global Real Estate Equities, LLC, a Delaware limited liability company |
| 10. | Third Avenue Apartments, LLC, a Delaware limited liability company |
| 11. | Agree Madison, LLC, a Delaware limited liability company |
| 12. | 7675 Walton, LLC, a Delaware limited liability company |
| 13. | 1801 Deming, LLC, a Delaware limited liability company |
| 14. | 2226 Deming, LLC, a Delaware limited liability company |
| 15. | 8400 Market, LLC, a Delaware limited liability company |
| 16. | Ault Aviation, LLC, a Nevada limited liability company |
| 17. | Ault Energy, LLC, a Nevada limited liability company |
| 18. | Circle 8 Crane GP LLC, a Delaware limited liability company |
| 19. | Circle 8 Holdco LLC, a Delaware limited liability company |
| 20. | Circle 8 Newco LLC, a Delaware limited liability company |
| 21. | Eco Pack Technologies, Inc., a Nevada corporation |
| 22. | Unique EV, Inc., a Delaware corporation |
| 23. | BNI Montana, LLC, a Delaware limited liability company |
Inactive Subsidiaries
The following entities are inactive subsidiaries of the Company:
| A. | FlexiSphere Acquisition Corp., a Delaware corporation |
| B. | Digital Farms, Inc., a Delaware corporation |
| C. | I. AM Inc., a Nevada corporation |
| D. | It’sLikeFashion.com, Inc., a Delaware corporation |
| E. | Spyglass Hill Capital Lending Corp., a Delaware corporation |
| F. | Watership Corp., a Nevada corporation |
| G. | Flashpoint Digital Media, LLC, a Delaware limited liability company |