secwatch.observer — SEC 8-K summary
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Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001493152-23-009479
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 8.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy Q4 net loss $11.7M; FY22 rev $86.3M; loan waiver; guides FY23 rev $112-122M
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- FY 2022 net sales $86.3M (+10.6% YoY); net loss $(19.1)M vs net income $4.3M in 2021.
- Q4 2022 net sales $20.2M flat; net loss $(11.7)M; adjusted EBITDA $(4.8)M vs $1.0M in Q4 2021.
- Guides Q1 2023 net sales $17-19M and FY 2023 net sales $112-122M (+36% at midpoint).
- Obtained waiver from lenders for Senior Leverage & Fixed Charge Coverage tests as of March 31, 2023 under Term Loan Agreement.
- Intends to file Form 10-K for FY 2022 late; expects to file on or before April 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315223009479/0001493152-23-009479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315223009479/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009479

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